Get in order numbers, the new Bitcoin NFT engine and the drama around you-selected Bitcoin messages

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Ordinary figures, a new way of using and maintaining content with Bitcoin, enables developers to use the benefits of NFTS (non-fungable tokens) directly from the blockchain and essentially to create native Bitcoin NFTs. This has caused excitement in some circles that are now discussing whether this is the way this is used by Bitcoin's blockchain and how this new application will affect Bitcoin nodes and fees in the future.

Ordinary numbers enable Bitcoin NFTS with the kind approval of Taproot

A newly discovered application for the Bitcoin chain is now tested by people who have found a way to bring content directly to the blockchain. The project, called Ordinary figures , which was only started a few days ago, it has made it possible for everyone to create Bitcoin NFTS (called inscription) as part of its functionality. This opportunity was accidentally opened by the taproot upgrade of the network underwog in November, which extended the length of the Bitcoin transactions to almost the entire size of a block.

This was the key to what is currently happening. Before Taproot, transactions could only be 80 bytes, which restricted the usability of what was stored in the block memory. Now Bitcoin NFTS are saved directly in the chain, which enables the advantages of portability, durability and decentralization that characterize Bitcoin.

This could offer unique advantages for creators and users of content, since every content that is saved in the blockchain via order numbers must be synchronized from every knot out there, which gives them the longevity of the blockchain itself. Most of the NFT projects that use other chains, including Ethereum, only save hands on the information that is not directly in the blockchain.

Controversy behind the new functionality

While the introduction of Bitcoin NFTS has some alleged advantages, the rise of this new function has sparked an old debate about the true function of the network and about what makes an attack on the Bitcoin ecosystem. There are already two groups in this public debate: those who support this new face from Bitcoin, and those who believe that this is a spam attack that should be avoided and even censored.

The first group claims that this is positive for the chain and will help bring more fees and applications for the chain. This is the case of the well-known Bitcoin-Influencers Dan Held, the believes that every transaction that your fee pays is not a spam and that the chain is unauthorized for everyone.

The second group explains that even if they cannot do anything about it, this will affect Bitcoin's financial and transactional application. Blockstream-CEO Adam Back, believed by some is part of this fraction, indicate that bitcoin user "developer" Bitcoin can be informed and encouraged, either not to do this or to do it in a space -saving way, e.g.

luke Dashjr, a Bitcoin developer, "Attack" on the protocol and Asked for the development of" spam "filters, to counter the ordinal functionality. Another Twitter user called "Bitcoin saves" criticizes this from a different perspective and explains that this would affect the livelihood of marginalized people in developing countries to operate Bitcoin nodes and send transactions.

What do you think of order numbers and Bitcoin NFTS? Tell us in the comment area below.

Sergio Göschenko

sergio is a cryptocurrency journalist based in Venezuela. He describes himself as late in the game and entered the cryptosphere when the price increase took place in December 2017. He has a background as a computer engineer, lives in Venezuela and is affected by the cryptocurrency boom on a social level. It offers a different perspective on the crypto success and how it helps those who have no bank account and are under-supplied.

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