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Home»Bitcoin»Is Ordinals ‘spam’ for the Bitcoin network? This core developer thinks so…
Bitcoin

Is Ordinals ‘spam’ for the Bitcoin network? This core developer thinks so…

2024-03-18No Comments2 Mins Read
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Bitcoin [BTC] Ordinals has been a breather for the premier blockchain network and has provided momentum transactions and additional costs.

Interestingly, the cumulative fees spent on Ordinals have increased exponentially after the US spot BTC ETFs (Exchange-traded Funds) amid the bull run.

However, some key players in the core network have opposing views on Ordinals and their impact.

According to Luke Dash Jr, Bitcoin network core developer, CTO and Chairman of Ocean Mining, Ordinals are harmful to the network.

In a recent one interviewDash Jr. stated. that;

“Everyone who has adopted Bitcoin has agreed to its monetary use and financial transactions.”

He added that cautiously;

“Not everyone has agreed to store other data and process altcoin stuff. That’s not even part of Bitcoin, like the ordinal numbers and inscriptions. So the fact that there isn’t unanimous support for these things means it’s spam.”

Keep Bitcoin Ordinals off the main network

He went further and suggested a possible solution to enable these features without directly spamming the core network.

“It is possible to put these things on a new blockchain that is even linked to Bitcoin, and people can choose to do that.”

However, Dash noted that forcing ordinal numbers and inscriptions on other people directly attacks the Bitcoin network.

“But the only reason to put it in Bitcoin’s main blockchain is if the intention is to attack Bitcoin and force it on some people who don’t agree with it.”

Despite the criticism, the room has warmed up. At the time of writing, BTC NFTs exceeded $2 billion in market capitalization, according to Coingecko facts.

See also  BTC Whales Are Taking A Backseat But Investors Can Keep Calm Because…

Some trending projects were Runestones and Bitcoin Puppets.

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Bitcoin Core developer Network Ordinals so.. spam Thinks
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