Post
Topic
Board Bitcoin Discussion
Re: Time to roll-back Ordinals?
by
franky1
on 09/11/2023, 15:38:36 UTC
The thing is.... if you stop ORDI or any other Shitcoin ...then within a few days the developers just create another and it is the same story again. We should find some kind of side-chain solution for these ordinals to use or find a way to solve the block size limitations that are not based on some side-chain.
The fucking side about this is that those scraping their profits thru this token are on a deaf ears about the complaints flying around. Grin

It doesn't seem like any body can put a stop on the Ordinals issue on Blockchain as there are sets of investors that are taking succor from it not just the developers and talking about stopping is like stopping their benefits. There's a fast profits with Ordinals that's why people are buying and sending rapidly on the blockchain more than bitcoin not minding he congestion that it will cause leading to transaction fee hike as their quick profit from the token will cover for the fee hike
Quote

The Lightning Network was suppose to alleviate most of the congestion for smaller transactions, but now these Ordinals are spamming the network with worthless traffic.  Roll Eyes
My hunch tells me  LN didn't see this one coming fast.

LN doesnt see many things coming

channels LOCK value into a tx.. the value does not move to new channels. its a case of arranging that A borrows B value if B borrows C value if C borrows D value to pay E.. the coin in A stays in A but E gets paid by its channel with D where by they finally settle up month later where the coin locked to A finally goes to B. so you cant actually move sats or move memes on the LN network practically. and all this routing and borrowing and issues with bad states and broadcasting wrong states is why LN wont solve many things.

in short NFT dont work on LN. moving junk dont work on LN. they lack many things like network auditing to protect uniqueness and so many other things

devs need to forget their corporate contracts and get back to caring about bitcoin and making new subnetworks that actually meet the promises dev made to the community