Bitcoin Ordinals Creator Proposes to Change the Current Numbering System

Bitcoin Ordinals Creator Proposes to Change the Current Numbering System
Source:CCN.com

Reported Cointelgraph, Bitcoin Ordinals's creator and chief coder Casey Rodarmor has recently proposed changing the protocol's numbering system, with the aim of simplifying the project's codebase.

In the current Ordinals protocol, each nonfungible token (NFT) created using Ordinals was assigned an inscription number that was unique. They functioned similarly to serial numbers and have been an integral part of the digital art minted in the protocol.

Learn About Ordinals: What are BTC Ordinals?

However, Rodarmor believes that keeping the inscription numbers stable has led to “ugly code and stalled development.” Because of this,he proposed to make inscription numbers “permanently unstable,” which means that the numbering system that assigns unique numbers to inscriptions created in the Bitcoin network will be deprioritized.

According to Rodarmor, the move will simplify the protocol's codebase and make it easier to make protocol changes easier in the future. The coder also clarified that inscription numbers would change, but not be entirely scrapped. Rodarmor highlighted that new inscription numbers would be close to the old ones but might differ by 1%.

Stay updated with the most important cryptocurrency news and valuable insights, conveniently delivered to your email every day. Subscribe to the TokenInsight mailing list now!

Prefer social media? Follow us on Twitter, or subscribe to our Telegram channel!

If you have news reports or announcements that you want to reach a wider audience, feel free to email us at news@tokeninsight.com

Source

Bitcoin

In This Article

Related News
Trump makes over $57 million from WLFI sales, Truth Social files for Bitcoin and Ethereum combo ETF, and more Trump makes over $57 million from WLFI sales, Truth Social files for Bitcoin and Ethereum combo ETF, and more
FalconX partners with Standard Chartered to boost crypto offerings for institutional clients FalconX partners with Standard Chartered to boost crypto offerings for institutional clients
Bitcoin dominates global crypto funds' $882 million weekly inflows as Sui outperforms major altcoin products Bitcoin dominates global crypto funds' $882 million weekly inflows as Sui outperforms major altcoin products
Riot Platforms sells mined bitcoin for first time since January 2024, nets $38.8 million Riot Platforms sells mined bitcoin for first time since January 2024, nets $38.8 million
Ark Invest raises 2030 bull-case bitcoin price projection to $2.4 million on 'aggressive' modeling Ark Invest raises 2030 bull-case bitcoin price projection to $2.4 million on 'aggressive' modeling
Latest News More More
July 10 Chinese creditors push back against FTX's motion to forfeit payouts in restricted jurisdictions
July 7 TON Foundation offers path to 10-year UAE 'Golden Visa' for $100k in staked TON, $35k fee; UAE denies eligibility
July 4 Tether plans further Bitcoin mining expansion in South America with Adecoagro tie up
July 3 North Korean hackers use fake Zoom updates to deliver ‘NimDoor’ macOS malware targeting crypto firms
July 3 JPMorgan's blockchain unit tests new carbon credit tokenization application with S&P Global
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open