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Let's complain about the transaction costs of inscriptions.

CN
NingNing (🌿,👻)
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1 year ago
AI summarizes in 5 seconds.

Let's complain about the transaction costs of inscriptions. Back in May, I minted 1 inscription called Doge with 1000 pieces. The minting process was equivalent to splitting one UTXO into 1000 pieces, each worth 0.00000546 UTXO. This part of the UTXO currently totals around 700U, but it can never be consolidated for use.

No wonder Luke criticized BRC20 at that time as a dust attack on the BTC mainnet.

Now, with more efficient and lower-cost fair asset launch platforms like http://pump.fun and virtual, inscriptions as a paradigm for fair asset launches seem to be outdated.

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