Bitcoin Ordinals and the Future of BRC20

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SwiftForkMember
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#1Jun 2, 2024, 07:47 PM
So Leonidas mentioned that if Bitcoin devs try to censor Ordinals, they'll fork Bitcoin Core. What do you guys think about that? Seems like a bold move.
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j0hn.ga5Newbie
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#2Jun 2, 2024, 09:39 PM
Honestly, that’s a long shot. Core devs don't decide what miners pick to include. As long as those transactions are valid, miners can add them. No way to completely get rid of them.
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alex.byteLegendary
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#3Jun 4, 2024, 10:08 PM
True, but if enough miners back Ordinals, it could stick around. I mean, they’ve shown they can generate revenue through fees. Why would miners ignore that?
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#4Jun 5, 2024, 03:52 AM
Still think it’s a stretch. If some devs push for censorship, it'll require a big consensus change. It's not that simple.
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gang2015Member
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#5Jun 5, 2024, 04:01 AM
Right? And honestly, even if they censor, it doesn't guarantee the transactions would disappear. Miners want fees, so they'll include them anyway.
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MadNovaHero Member
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#6Jun 5, 2024, 05:10 AM
Exactly! If there’s a market for fees, those transactions will keep getting confirmed. But that might turn BTC into a spam chain... not sure if that's a good look.
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mr_apeNewbie
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#7Jun 5, 2024, 06:26 AM
Sure thing, but miners will always look for revenue sources. They need it beyond just block rewards. Ordinals and NFTs bring in cash, man.
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gang2015Member
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#8Jun 5, 2024, 06:47 AM
I mean, if we're looking for proof of all this, it’s probably worth checking out the source statements that sparked this whole discussion.
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#9Jun 5, 2024, 09:37 AM
Lol, yeah, I saw that. It’s not really about censoring, but more about controlling how Bitcoin is used. I get that perspective.
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chris23Member
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#10Jun 5, 2024, 12:33 PM
But let’s be real. Do you really think a bunch of Ordinals enthusiasts could outlast the core devs? Sounds kinda naive.
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mr_apeNewbie
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#11Jun 5, 2024, 05:04 PM
Exactly! Would exchanges even list a forked version? It’d just be a joke at that point.
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stacksatsHero Member
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#12Jun 5, 2024, 08:15 PM
Totally agree. Leonidas might be good at hyping things, but it feels like he’s just cashing in while the trends last.
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chris23Member
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#13Jun 5, 2024, 11:00 PM
Yeah, I’ve been watching him for a while too. Seems like he knows which way the wind blows, but I doubt he’ll follow through on a fork.
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#14Jun 6, 2024, 02:03 AM
Every time Bitcoin faces spam attacks, it’s the same old story. They market it as a way to stress-test things, but it’s really just flooding the network.
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chris23Member
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#15Jun 6, 2024, 08:19 AM
Can’t help but laugh at how people think this is some noble cause. They’re just using BTC as a glorified storage service.
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gang2015Member
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#16Jun 6, 2024, 01:17 PM
For real! The moment he forks, if that even happens, he’ll lose all value since it hinges on Bitcoin itself. Can’t just jump ship.
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diamond_minerFull Member
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#17Jun 8, 2024, 05:56 PM
But hey, he can always pivot to another project if this one flops. Not like he has anything to lose.
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#18Jun 8, 2024, 08:43 PM
I don’t think it’s malicious to use Ordinals, though. It’s all about making money honestly. Harm to the network is kinda subjective.
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chris23Member
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#19Jun 8, 2024, 10:43 PM
Sure, but you can’t deny it gets annoying for regular users when fees spike. That’s a big deal for people who actually want to use BTC.
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#20Jun 9, 2024, 01:52 AM
And it’s definitely harmful for businesses that thrive on lower fees. High fees can really make BTC less competitive as a currency.
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