Ordinals turned Bitcoin into a foul model of Ethereum: can it’s fastened?

14
485

With the launch of the BRC-20 token and the Ordinals NFT, the No. 1 blockchain has became a clunkier model of in a single day.

The core builders and miners who signed off on the community’s Taproot improve in November 2021 by no means imagined such an end result. Bitcoin at the moment suffers from lots of the identical issues which have plagued Ethereum for years, together with fraudulent memecoins and shitcoins, monkey portray NFTs hogging blockspace, and hovering transaction charges.

The community additionally wants to deal with the prevalence of Minor Extractable Worth (MEV), the place miners profit from reordering pending transactions.

Matty Greenspan
Joseph Corridor tries to dwell on Bitcoin in El Salvador for {a magazine}.
Checkmate’s Twitter profile image.
A fast learn on how the Bitcoin Digital Machine works.

Learn extra on Cointelegraph

See also  Historic Bitcoin Whale revives after 11 years with large revenue of 26,147%

Comments are closed.