ChrisMartl on Nostr: Guy apparently you have not understood the topic. When you write “ordinals” and ...

Guy apparently you have not understood the topic. When you write “ordinals” and confuse it with “inscriptions”, then you are showing the need of move brainstorming on the issue.

“Ordinals” is, indeed, not a threat at all for the Bitcoin System; that is just an arbitrary numeration FIFO for issued UXTOs via coinbase transactions.

“Inscriptions” are insertion of arbitrary bits in the witness structure and consume storage. The thread is slowly (so slowly that a frog will not notice; maybe not even when it is too late). The thread is incrementing the operational and equipment cost for non-mining nodes. You can clearly imagine what could happen when the number of non-mining nodes around the globe is reduced. Can you imagine that, right?

I’m interested to know, which “solution” have you heard about and what are the chance/risk or benefit/cost you have assigned to those proposals.