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Scraped on 09/05/2025, 03:06:41 UTC
Whats interesting/sad is there is absolutely no mention of Citrea in my X feed -- all the attention is on who is going to release the first OP_RETURN-based NFTs on Bitcoin, which incidentally has already been done since 2014.

Such a situation could be compared with the situation in 2013-15 when the first NFT/token protocols on Bitcoin were implemented, there were several systems in competition (Mastercoin/Omni and Counterparty, mainly); none of them "won" the "battle" decisively, and eventually they both faded away, at least none of them created any significant congestion or fee spike.

There was a lot of controversy with Counterparty in the early days thanks to luke-jr's objections, but what the Counterparty devs realized is they could implement workarounds regardless of what fields were limited in an attempt to stifle the protocol. Because Counterparty is responsible for some of the first NFTs ever made (before "NFT" was a term), it will never completely fade away as there will always be a collector's market for these things. And outside of Bitcoin Stamps, which started there before moving to a different platform, Counterparty'sits usage of blockchain space has been relatively responsible. Yes, it is still highly niche compared to Ordinals, however.

You're probably aware of it already but there was also a way to make tokens on Bitcoin in an Ordinals-like fashion via "Colored Coins", going all the way back to 2012.

Jameson Lopp is not, as far as I know, a Bitcoin Core contributor.

I suppose it depends on how you define Bitcoin Core contributor.

https://github.com/bitcoin/bitcoin/blob/ad5cd129f3cc72f2d2b140e182781bf3bb5dbacc/doc/release-notes/release-notes-0.15.0.md?plain=1#L818
Quote
Thanks to everyone who directly contributed to this release:
...
- Jameson Lopp
Original archived Re: Removing OP_return limits seems like a huge mistake
Scraped on 09/05/2025, 03:01:25 UTC
Whats interesting/sad is there is absolutely no mention of Citrea in my X feed -- all the attention is on who is going to release the first OP_RETURN-based NFTs on Bitcoin, which incidentally has already been done since 2014.

Such a situation could be compared with the situation in 2013-15 when the first NFT/token protocols on Bitcoin were implemented, there were several systems in competition (Mastercoin/Omni and Counterparty, mainly); none of them "won" the "battle" decisively, and eventually they both faded away, at least none of them created any significant congestion or fee spike.

There was a lot of controversy with Counterparty in the early days thanks to luke-jr, but what the Counterparty devs realized is they could implement workarounds regardless of what fields were limited in an attempt to stifle the protocol. Because Counterparty is responsible for some of the first NFTs ever made (before "NFT" was a term), it will never completely fade away as there will always be a collector's market for these things. And outside of Bitcoin Stamps, which started there before moving to a different platform, Counterparty's usage of blockchain space has been relatively responsible. Yes, it is still highly niche compared to Ordinals, however.

You're probably aware of it already but there was also a way to make tokens on Bitcoin in an Ordinals-like fashion via "Colored Coins", going all the way back to 2012.

Jameson Lopp is not, as far as I know, a Bitcoin Core contributor.

I suppose it depends on how you define Bitcoin Core contributor.

https://github.com/bitcoin/bitcoin/blob/ad5cd129f3cc72f2d2b140e182781bf3bb5dbacc/doc/release-notes/release-notes-0.15.0.md?plain=1#L818
Quote
Thanks to everyone who directly contributed to this release:
...
- Jameson Lopp