Post
Topic
Board Bitcoin Discussion
Re: Finally Bitcoin Devolpers planning to kill Ordinals and Inscription
by
Mate2237
on 03/01/2024, 20:23:12 UTC
Good, it's insane what these ordinals are doing to the bitcoin network.  I was never really a fan of the idea of adding something like this to bitcoin.  I always thought that smart contracts were better suited for smart contract coins like Ethereum, for example.  Perhaps in the future when bitcoin scales better, or they open up another layer or whatever, then it could be a positive, but right now I see it as a much bigger negative than positive.
But I don't think this developers of Bitcoin are doing anything to douse this problem of high transaction fee because it has passed one month when the hike of fee started but nothing has been done to stop this problem but instead these ordinals are doing all there best to stop all the channels which people are using to accelerate the transaction and spam the network. These ordinals are making things unbeatable for Bitcoin users. People have been waiting for this transaction fee to come down so they can withdraw their money but no way because the fee is equivalent to the total amount of Bitcoin in the wallet. I don't blame the ordinals but the developers for allowing the ordinals to come into the network.