Post
Topic
Board Development & Technical Discussion
Merits 2 from 1 user
Re: (Ordinals) BRC-20 needs to be removed
by
Pmalek
on 16/03/2024, 10:06:38 UTC
⭐ Merited by pooya87 (2)
An off-chain layer for NFTs, with Bitcoin as the settlement layer, will be actually be the most ideal conclusion for the "Ordinals Drama". It's going to be more efficient, cheaper for users, and developers could actually build "trading" apps using them because transaction throughput will be higher.
That's assuming that's what they want. 'They' being the creators of Bitcoin blockchain bloat and spam. I don't think they are interested in moving their activities off-chain. I am ready to be proven wrong, though. I think making the Bitcoin blockchain congested is one of the goals, aside from tricking a big enough crowd that the inscriptions have a value. They are trying to prove a point by saying, you didn't want a bigger block size, so enjoy our Ordinals on your low-throughput network.