According to a recent post, Bitcoin ordinals and inscriptions are quickly filling up block space due to a recently introduced and somewhat controversial use case for Bitcoin. Reportedly, this is made feasible because users may arbitrarily store data on-chain.
According to the article, this was previously achievable with text by using the OP RETURN function. However, these new “inscriptions” may be anything from jpegs to brief sound recordings or even simple games.
On the other hand, the consensus among Bitcoin experts is that inscriptions are longer files, and as a result, they use a higher portion of the…
The post Inscriptions Are Filling Bitcoin Block Space, Consumes 50% of Space appeared first on Coin Edition.
See original on CoinEdition
Source: Cryptocurrency - investing.com