In the world of cryptocurrency, technological innovation and community response are always intertwined. Recently, the emergence of Bitcoin inscriptions and the subsequent emergence of new currencies such as ORDI are the latest manifestations of this phenomenon. This emerging trend has not only sparked heated discussions within the community, but also raised deep reflections on the core principles of Bitcoin and its future development direction.
I. Technological Innovation of Bitcoin Inscriptions
Bitcoin inscriptions are achieved by storing non-transactional data on the Bitcoin blockchain, opening up new avenues for the use of cryptocurrency. Inscriptions can include digital art, text, or even small programs, which not only increase the functionality of the blockchain, but also bring new value dimensions to Bitcoin. With the launch of the Ordinals protocol, the Bitcoin network has evolved from being just a platform for currency transactions to a new domain for digital creation and copyright storage.
II. The Rise of ORDI and Other Emerging Currencies
The popularity of inscriptions has promoted the development of new types of cryptocurrencies, with ORDI being a typical example. As tokens based on inscription technology, currencies like ORDI have rapidly risen in the trading market, providing investors with new investment opportunities.
According to AICoin market data, the inscription sector saw a peak on Binance after the listing of Ordinals (ORDI), and later reached its highest point after Binance announced the listing of 1000RATS. According to Binance ORDI/USDT perpetual coin pair data, ORDI surged from an opening price of $9.910 to a peak of 591% at $70, nearly six times the price, while RATS in the same sector skyrocketed by nearly 1900%!
The sustained popularity of inscriptions has also attracted significant capital. According to large order statistics, from December 4 to present, a total of $630 million in large orders has been placed on ORDI by major players, with $549 million traded, of which buy orders accounted for $287 million and sell orders accounted for $262 million. With more major players entering the market, there may be another opportunity for an upward trend in ORDI, which can be closely tracked using the large order function of AICoin PRO edition K-line: https://www.aicoin.com/vip/chartpro
However, the popularity of currencies like ORDI and RATS has also raised concerns about the security and stability of the Bitcoin network, as well as further considerations about the volatility of the cryptocurrency market.
III. Luke Dashjr's Opposition and Views
In the midst of this storm of technological innovation and community divergence, the voice of Luke Dashjr, a core Bitcoin developer, stands out. He strongly opposes the practice of inscriptions, believing that it violates the fundamental principles of Bitcoin, especially in terms of network capacity and decentralization. Luke Dashjr warns that inscriptions may lead to the inflation and increased complexity of managing the Bitcoin network, and may even threaten the core value of Bitcoin as a decentralized currency.
IV. Community Response and Market Impact
The introduction of inscription technology has sparked intense discussions within the Bitcoin community. On one hand, many people see the innovative potential and market opportunities brought about by inscriptions. On the other hand, some are concerned that inscriptions may have a negative impact on the infrastructure of Bitcoin, such as increasing the burden on miners and affecting transaction efficiency. In the market, the popularity of inscriptions and emerging currencies has also led to changes in investor behavior, further exacerbating market volatility.
V. Future Outlook: The Challenge of Technological Innovation and Community Balance
The emergence of Bitcoin inscriptions and the subsequent reactions and changes are part of the continuous evolution of the cryptocurrency field. In the future, as technology continues to develop and the community adapts to new phenomena, we may see more innovations similar to inscriptions. However, this also requires community members, especially developers, investors, and users, to collectively address the challenge of embracing technological innovation while maintaining the core principles of Bitcoin.
免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。