Post
Topic
Board Bitcoin Discussion
Re: Time to roll-back Ordinals?
by
ETFbitcoin
on 18/11/2023, 10:02:27 UTC
What is Binance getting from listing a BRC-20 pseudo-token? Oh yeah, trading fees.

They are tokens. "Colored coins" are/were considered tokens, and nobody has a problem with the nomenclature as applied to them. This is essentially what ordinals are.

Mostly because colored coins never gain popularity. And some of it utilize OP_RETURN on single TX which is more efficient than ordinals.

By the way, it seems congestion is going down a bit now. Seems the end of the ORDI hype was also not beneficial for other BRC-20 projects.

Yeah, you wish. Today I went to pay an invoice and the transaction fees have suddenly rocked up again to 280 sat/vB for low priority, and pruning is activated for <21 sat/vB.  Angry

And i thought i'm crazy for spending $3 last week in order to purchase digital goods.