226 sats \ 2 replies \ @benthecarman 29 May 2023 \ on: Most Bitcoin Inscriptions belong to a single person or entity bitcoin
Their transaction fees amount to 1056 BTC, single-handedly influencing the regime of the entire blockchain.
hahahaha wtf
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229 sats \ 0 replies \ @orthwyrm 30 May 2023
What's even funnier is that the BRC-20 format is ludicrously inefficient in terms of on-chain footprint. Had the developers simply chosen to represent the data in binary as opposed to ASCII JSON, those fees would be ~80% lower.
There's a good thread on this here: https://nitter.net/jratcliff/status/1655669410206457865#m
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10 sats \ 0 replies \ @sudonaka 30 May 2023
I asked the regime leader of Bitcoin and he said this statement was false
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