Post
Topic
Board Development & Technical Discussion
Re: NFTs in the Bitcoin blockchain - Ordinal Theory
by
Carlton Banks
on 17/08/2023, 10:11:38 UTC
Not much further down the road, though.  We're already pretty close by the looks of it.  If this stuff has to exist, it should arguably do so in the most optimised way.  That's what this protocol appears to offer.  The silly-picture-selling crowd just need to utilise it.

the one exception might be that a (significant minority of) miners could just continue to use the UTXO set to do this, and try to keep their heads above water by refunding each others tx fees in a free transaction

that's pretty far-fetched though, stupid ideas are doomed to die. Ordinals only really worked in the first place because scammy people believed that marks would be stupid enough to believe in it; as I say, it's more likely that ~95% of people trading ordinals knew it was the latest greater-fool scam