Post
Topic
Board Development & Technical Discussion
Merits 1 from 1 user
Re: SatoshiVM - "A New Era For Bitcoin"
by
pooya87
on 14/01/2024, 02:52:27 UTC
⭐ Merited by hosseinimr93 (1)
the inefficient method of bringing NFTs and Tokens in Bitcoin through Ordinals
They never did that. Bitcoin protocol does not support Token creation. What they did through Ordinals exploit was to inject arbitrary data into the Bitcoin blockchain.

Do we need another sidechain? Liquid and Rootstock already exist, while Drivechain still in development. In addition, many things available on SatoshiVM already offered by one of those. For now there's little technical detail, so i only say the author should explain why Bitcoiner should use SatoshiVM rather than other sidechain.
Basically this ^
We already had a couple of projects that were more mature than this one, and they all lack popularity simply because token creation lacks popularity and utility! This is why they performed the Ordinals Attack like this instead of taking it to an actual "token platform" like Rootstock for example. They needed the hype to make money and of course to attack bitcoin...