So if we make a version of ordinals that collapses the signature down to just the one hash & then offer some sort of node plugin that allows people to host ordinal data if they want to & mint ordinals for a fraction of the cost wouldn't that create some incentive toward efficient use of blockspace & help expose the spammers as malicious if that's what they are? 🤔
Discussion
Not sure I agree. That would be replicating the ETH model to some degree. Not advocating for or against ordinals, but there is something to be said for the nature of these transactions containing the entirety of the data necessary to share the image or whatever other arbitrary data.
Nah, ETH was a hash of a url, it almost could not have been any more BS than that. If I understand things correctly, taproot hashes can contain a bunch of completely provable data in a single signature.
Only provable if you provide the hash input, right? So you've got to provide the data out of band.
Not unlike pointing to a URL and then providing the data at the URL, no?
Having a network of nodes that connect to each other to share extra data is completely different than having a centrally hosted url with a picture that can be arbitrarily changed
Agreed, but on the continuum of NFT insanity I think the inscribors are gonna prefer their monkey jpegs truly on the bitcoin block chain vs just a hash pointing to another network.
But it can literally be a plugin for a bitcoin node, so it is basically a parallel system on all of the same infrastructure.
As things are they will get priced out eventually anyway, so if someone builds some more efficient alternative & maybe even takes advantage of liquid or something too then the people jamming up the network can be clearly made to look like the retards they are.
Priced out is in the private key holder. I get your point, but do not expect it to be a popular alternative. The novelty of inscriptions is at least in part because they are on bitcoin, directly.
This was supposed to say "priced out is in the eye of the key holder." A play on "beauty is in the eye of the beholder."