Post
Topic
Board Development & Technical Discussion
Merits 1 from 1 user
Re: NFTs in the Bitcoin blockchain - Ordinal Theory
by
Wind_FURY
on 19/06/2023, 06:46:49 UTC
⭐ Merited by JayJuanGee (1)
Another shower thought. I'm not starting an ideological debate. I'm merely pointing out a possible practical "benefit" from Ordinals.

 Cool

Leave Ordinals alone, and allow it to exist as a "necessary evil" in the coming event when block rewards would not be enough to incentivize miners to keep securing the network. Thinking from what currently is going on, people who use Bitcoin for financial transactions are not really willing to pay for high fees. But the users who inscribe and trade their NFTs do.

Let's take aside the fact that NFTs are "junk", let's put our ideologies at the back seat, and try to look at the fact that the fees from financial transactions alone won't secure the network.