Post
Topic
Board Development & Technical Discussion
Merits 3 from 2 users
Re: NFTs in the Bitcoin blockchain - Ordinal Theory
by
Wind_FURY
on 31/05/2023, 07:37:29 UTC
⭐ Merited by pooya87 (2) ,JayJuanGee (1)
I have read through a topic saying that there's a possibility that those building on top of Ordinals, and the BRC-20 "Standard?" are Craig Wright's minions from the Flat-Earthers' Society. I thought it was laughable and merely from a person who merely wanted drama until I read this,

Quote

TLDR

We have analyzed all Ordinal Inscriptions created since Bitcoin block 779832, which marks the introduction of the BRC-20 standard. It appears that 80% of all inscriptions created in early-mid May 2023 belong to a single person or entity that controls a single public key, 117f692257b2331233b5705ce9c682be8719ff1b2b64cbca290bd6faeb54423e. Between March 7, 2023 (the introduction of BRC-20), and May 25, 2023, this entity accounted for 64% of all inscriptions. Their transaction fees amount to 1056 BTC, single-handedly influencing the regime of the entire blockchain.

https://block21m.substack.com/p/most-bitcoin-inscriptions-belong-d6d


Plus the timing of Casey Rodarmor's resignation as lead developer of Ordinals,