Author: Lilyanna Bitili, Source: Author’s Twitter @lilyanna_btc
Vindication is a new PR issued yesterday, adding a new charm. It can be understood that the inscriptions that [according to the rules before Jubilee would be recognized as cursed inscriptions, but after Jubilee were Bless, they were directly engraved as normal inscriptions and given normal numbers] were labeled [Vindicated].
According to the current consensus reached by Domo, unisat, okx and other parties, brc20 will ignore all Vindicated inscriptions and treat them as invalid, just like the previous curse inscriptions. From this perspective, brc20 is quite Not upgraded yet.
- Whether Vindication is recognized , what exactly is the impact?
Batch inscribing using Pointer was previously restricted by the cursed inscription setting and was not popularized. After the Jubilee upgrade, it was supposed to kill everyone (but due to the latest vindication setting, it will not be available for the time being). Admitted to brc20).
This batch engraving has multiple modes, the most advanced mode is same-sat batch. That is, in a single transaction, 1,000 or more inscriptions are engraved on the same satoshi.
Separate-outputs can significantly save network fees, and can be processed as quickly as one All inscriptions are completed in the block;
Same-sat can not only save more network fees, but also further save the cost of reserved satoshis and reduce the problem of utxo set expansion.
It is a very interesting upgrade in itself, but according to the latest consensus of brc20, Vindicated inscriptions will not be recognized for the time being.
This method of carving inscriptions that saves money and space has nothing to do with brc20.
But as I said two days ago, other protocols that claim to optimize brc20 have already begun their layout in advance. The CBRC20 protocol can already recognize and identify non-i0 inscriptions ending with i1, i2, etc. They are obviously ready to embrace Jubilee. This is also one of the advantages of CBRC20 written in its own protocol [Significant optimization of network fee costs] .
Some people say that this is a happy ending. brc20 has enough time to prepare and welcome the new version and Vindication after it is stable.
In fact, Jubilee was an incident that was made public in October, and some people even approached Domo to raise this question head-on at the end of November. Now, more than a month later, and less than a week ago, Jubilee came to advocate a long-term plan and delayed the upgrade in disguise through patching, which was really thoughtless.
This article will try to sort out the entire upgrade process from the perspective of technical background, opinions and motivations of all parties, investors and user observations, etc., from which we can get a glimpse of the process of reaching consensus in the Bitcoin community.
JinseFinance2024 has just begun. Will BRC20, which was so successful in 2023, fork? In the end what happened?
JinseFinanceThe deeper reason for this controversy is to gain the right to speak and control the agreement.
JinseFinanceThe BRC20 token is undergoing a pump and dump, just with a new reason, new guise, and name. They attract the same people who hyped altcoins in the past.
JinseFinanceCryptocurrency enthusiasts have been intrigued by the realm of Bitcoin Ordinals and BRC-20 (Bitcoin Request for Comment 20) Tokens, experiencing a notable transformation in the Bitcoin ecosystem.
ZoeyThe emergence of MMSS within the BRC20 sphere unveils its unique cultural appeal, international resonance, and strategic positioning reshaping the crypto landscape.
SanyaJinseFinanceJinseFinanceJinseFinance本文介绍了比特币网络上的两个实验性标准：BRC-20和BRC-721。
Others
