Nostr Web Client

This BRC-20/ORC-20 shit is an IQ test and anyone spending sats on it deserves to HFSP.

I now have data about all the inscription reveal transactions for all of last week. Tomorrow I’m going to do some testing to see how long it will take to collect data for the commit transactions too. That should go a lot faster, but I don’t have a good feel for how fast it will go. I suspect the commit transactions are much less consequential than the reveal transactions, but I’d like to cover them too just for completeness.

Then I can work on creating some charts to make it easy to understand what actually happened with inscriptions over an entire week while I wait for my code to churn through this week’s data too.

https://docs.orc20.org

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Discussion

₿TC-G 2y ago

I don’t care about monkeys drooling on themselves NFTs, random lines of code , or any of the other nonsense. But what if something was discovered that wasn’t nonsense that would increase miner revenue from transaction fees ? This would encourage more hash rate and give miners less fear about the subsidy decreasing as well as increase LN adoption . What that application would look like or do though is something I’m not able to imagine . Good thing we have developers who are far more intelligent then me who maybe come up with something

koby 2y ago

The ones being scammed will certainly HFSP. We can only hope the greed is too tempting for the POS who promote this. I hope they lose all their Bitcoin. Unfortunately they will likely retain some and continue being pieces of 💩

Bourbonic Plague 2y ago

The general stupidity of it all plus the fact it costs real sats to write inscriptions fits my belief that this will be a fairly short lived fad.

But yeah, too many of the scammers will survive to scam another day and that’s a shame.