Post
Topic
Board Bitcoin Discussion
Re: Finally Bitcoin Devolpers planning to kill Ordinals and Inscription
by
Abiky
on 04/01/2024, 19:28:28 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.

Bitcoin should stick only to financial applications (money transfers). Otherwise, it would add more burden to the blockchain than necessary. Why were altcoins invented? To take off the load from the main Bitcoin blockchain. It's the reason why BTC can't be the only cryptocurrency to handle everything it's thrown at.

Smart contract platforms such as Ethereum and Solana are better suited as multi-purpose chains due to the way they were designed. It's no wonder why they're the King of "De-Fi" and NFTs. Ordinals inscriptions should move to these chains to make Bitcoin great again. Lets see what the community decides in the long run. As long as decisions are made with decentralization in mind, nothing else matters. Just my opinion Smiley