Why Nostr? What is Njump?
2024-01-17 03:45:06
in reply to

CryptoDrew on Nostr: This is absolutely not describing Ordinal Theory, it works exactly the same as how a ...

This is absolutely not describing Ordinal Theory, it works exactly the same as how a bitcoin UTXO works where every UTXO still has a branchable value, except this will limit to a single input UTXO.

A single UTXO cannot be collected since it is spent by the signer and new UTXOs are generated as output.

I am suggesting that people may have an interest in holding onto a UTXO that has a short ancestry. Which is not necessarily due to just novelty, but also since it requires less storage to hold the fewer ancestors and less effort by a validator to validate the shorter history.
Author Public Key
npub1s85qc34eh59hc4j0txry2fl6tuwvjn4x3grl9p593xz2xsds5t5qg4uw34