{"id":14479,"date":"2024-01-07T05:18:58","date_gmt":"2024-01-07T05:18:58","guid":{"rendered":"https:\/\/cryptoheretostay.com\/?p=14479"},"modified":"2024-01-07T05:19:00","modified_gmt":"2024-01-07T05:19:00","slug":"bitcoin-developer-fails-to-rally-support-for-bug-fix-to-stop-ordinals-inscriptions","status":"publish","type":"post","link":"https:\/\/cryptoheretostay.com\/?p=14479","title":{"rendered":"Bitcoin developer fails to rally support for \u2018bug fix\u2019 to stop Ordinals, inscriptions"},"content":{"rendered":"<script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"crypto\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script>\n<p>In a recent development that has stirred the Bitcoin community, developer Luke Dashjr\u2019s proposal to address the congestion caused by Ordinals and BRC-20 tokens on the Bitcoin network has been met with support and strong opposition.<\/p>\n<p>Dashjr failed to rally enough support for a proposed \u201cbug fix\u201d to the Bitcoin code that would essentially put an end to Ordinals and Inscriptions on the blockchain. Bitcoin developers are split on the matter and without majority consensus, the decentralized nature of the blockchain will not allow any changes to the code.<\/p>\n<p>Core developer Ava Chow eventually ended the meeting,\u00a0remarking that the PR was \u201ccontroversial\u201d and the debate had reached a \u201cstalemate.\u201d<\/p>\n<p>She said:<\/p>\n<p>\u201cIn its current state, [the PR] has no hope of reaching a conclusion that is acceptable to everyone.\u201d<\/p>\n<h2>The \u201cbug fix\u201d<\/h2>\n<p>Dashjr, a prominent figure in Bitcoin development, had proposed a solution to \u201cspam filtration\u201d in part of the Taproot transactions, aiming to block Ordinals and BRC-20 tokens, which he described as exploiting a vulnerability in Bitcoin Core.<\/p>\n<p>Dashjr\u2019s stance, while rooted in concerns over network integrity, has sparked debate over the decentralized nature of Bitcoin\u2019s governance. His proposal to implement the fix in Bitcoin Knots v25.1, a derivative of Bitcoin Core that he maintains, has not seen adoption in the upcoming v26 release of Bitcoin Core, with hopes for its inclusion in v27 next year.<\/p>\n<p>Dashjr\u2019s bold claim that \u201cOrdinals never existed to begin with. It\u2019s all fraud\u201d has further fueled the controversy.<\/p>\n<h2>The debate<\/h2>\n<p>Debate continues to rage among the Bitcoin community on whether Ordinals are a positive or negative force for the Bitcoin ecosystem.<\/p>\n<p>Proponents \u2014 including Michael Saylor \u2014 argue that Inscriptions and Ordinals are an innovation that has renewed interest in Bitcoin. Supporters claim that the market wants Ordinals and Inscriptions since the rising fees show a clear demand for them.<\/p>\n<p>Proponents argue that Ordinals are the perfect way to beta-test the Bitcoin blockchain for mass adoption. They also highlight that these tokens have created a new revenue stream for miners that will continue to be lucrative long after the last Bitcoin is mined.<\/p>\n<p>Meanwhile, detractors believe that Ordinals are an attack on Bitcoin and could dilute its credibility as \u201cdigital gold.\u201d They believe these tokens have caused unnecessary spam and congestion on the blockchain and should not be associated with Bitcoin.<\/p>\n<p>Developer Jimmy Song recently called Ordinals the new altcoin pump and dump scam. He said investors have wisened up to the difference between Bitcoin and all other cryptocurrencies, making it harder for scammers to create honey pots on other chains. Song claimed that scammers now use Bitcoin\u2019s reputation and image to lure investors into new scam coins like Ordinals.<\/p>\n<p><script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"bitcoin\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script><br \/>\n<br \/><a href=\"https:\/\/cryptoslate.com\/bitcoin-developer-fails-to-rally-support-for-bug-fix-to-stop-ordinals-inscriptions\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a recent development that has stirred the Bitcoin community, developer Luke Dashjr\u2019s proposal to address the congestion caused by Ordinals and BRC-20 tokens on the Bitcoin network has been met with support and strong opposition. Dashjr failed to rally enough support for a proposed \u201cbug fix\u201d to the Bitcoin code that would essentially put [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":14480,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_wp_rev_ctl_limit":""},"categories":[3],"tags":[],"class_list":["post-14479","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum-news"],"_links":{"self":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/14479","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14479"}],"version-history":[{"count":1,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/14479\/revisions"}],"predecessor-version":[{"id":14481,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/14479\/revisions\/14481"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/media\/14480"}],"wp:attachment":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14479"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14479"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14479"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}