Inscriptions: The Cure Is Worse Than The Disease

Ever since the infamous Taproot Wizard 4mb block bitcoiners have been alight, fighting to try and stop inscriptions. Inscriptions are definitely not good for bitcoin, but how bitcoiners are trying to stop them will be far worse than any damage inscriptions could have ever caused.

Inscriptions work by embedding images or other data into the bitcoin blockchain by using a trick in bitcoin script. They essentially put the data in an unreachable code block followed by the real spending conditions so the user can claim the ordinal/NFT. It is quite an ingenious trick but has broke a lot of the assumptions many bitcoiners were operating under. Previously, the main way to embed data into bitcoin…

Read more on BitcoinMagazine

23K Reads