Post
Topic
Board Development & Technical Discussion
Re: (Ordinals) BRC-20 needs to be removed
by
Amphenomenon
on 12/04/2024, 03:11:16 UTC
so if casey wants ordinals to last hes going to have to convince the developers to put his ordinals code directly into bitcoin core. else, its doomed.
That would require a hard-fork and fundamental changes in Bitcoin and its principles so that it is changed from a currency and a payment system into a token creation platform! Something that will never happen.
It is like going to a bank and trying to convince them that they should also serve food and become a restaurant on the side! Smiley
Oh but I guessed he already knew this after all but  still yet continued probably because he knows that he will milk out some ignorant folks who probably will invest in anything related to bitcoin because there are so many options like Ethereum, Solana and the likes that may allow this project or better creating its own blockchain for this.
anyway many have goals which are birthed from their own lusts or greed

Anyhow, I thought you might be happy to know that binance has decided to no longer support Ordinals:

Binance to cease support for all Bitcoin NFTs
https://coinjournal.net/news/binance-to-ceases-support-for-all-bitcoin-nfts/


Binance announces end to Bitcoin NFTs support
A blog post published on Thursday noted that the trading of Bitcoin NFTs on the Binance NFT marketplace ends on April 18. The exchange has advised all users to to withdraw all their Bitcoin NFTs via the BTC network before May 18.


Crazy. I'm all for their decision of course. The reason why its crazy is this whole Runes thing was launched only a month or two ago and I guess its completely collapsed in popularity already. Looks like its finally the beginning of the end of the Ordinals Era in Bitcoin.


Binance probably believes that their resources should be invested somewhere else because OKX has a dominant position in Ordinals, and soon, the Runes market. I did some due diligence, and I believe that during its surge, the BRC-20 token ORDI had the most volume than all of the combined volume of Solana's NFT market. That was only from one asset.
Like being said earlier people go  crazy for anything relating to Bitcoin but sadly they will come to know these BRC-20 is far from bitcoin itself