Taproot Wizards Launches Script to Remove Bitcoin Ordinals Inscriptions
A contributor to Taproot Wizards has developed a script that allows you to reject Ordinals inscriptions on your node. Rijndael, Taproot Wizards’ chief technology officer, announced the launch of the script in a recent post. The purpose of the script is to induce nodes to reject blocks containing inscriptions. If the majority of nodes do this, miners will choose to build on a chain without inscriptions or sell into a smaller market. However, the launch of the script has faced criticism from some industry observers who see it as a mere virtue signal. James Check, lead analyst at Glassnode, believes that the software is unlikely to gain traction as it essentially bricks your node by invalidating valid transactions.
The Mexican Stand-Off of Bitcoin Governance
Rijndael admitted that creating the script only took about 15 minutes and acknowledged that its effectiveness could be undermined by modifying an Ordinal fingerprint. The debate surrounding Ordinals censorship became prominent when OCEAN, a Bitcoin mining company led by Bitcoin Core developer Luke Dashjr, started rejecting Ordinals transactions due to concerns about denial-of-service attacks and increased congestion in the mempool. Overall, this script highlights the ongoing Mexican stand-off in Bitcoin governance.
Hot Take: Taproot Wizards’ Controversial Script
Taproot Wizards’ release of a script to remove Bitcoin Ordinals inscriptions has sparked controversy in the crypto community. While some see it as a solution to prevent inscriptions and improve network efficiency, others criticize it as a virtue signal or believe it will have little impact. The script’s creator, Rijndael, defends its purpose and urges users to implement it or take responsibility for their inaction. This development sheds light on the complex dynamics of Bitcoin governance and the challenges of achieving consensus on controversial issues within the community.