A Planned Update of the Bitcoin Ordinals Protocol is Unsafe, Says BRC-20 Creator
The creator of the BRC-20 standard, Domo, has raised concerns about a planned update to the Bitcoin Ordinals protocol by the UniSat BRC-20 marketplace. Domo argues that the proposed plan is unsafe and effectively forks the BRC-20 protocol, potentially leading to bugs and giving UniSat too much control. Domo believes that rushing these updates is reckless and disregards peer indexers, which could harm the broader BRC-20 community. This response came after UniSat announced its plans for the upcoming Ordinals update, claiming it will not split from the protocol. Critics argue that UniSat’s “isolated protocol” refers to Domo’s standard.
Background on UniSat and Ordinals Drama
UniSat is the company behind the Google Chrome extension and wallet for managing BRC-20 tokens on the Bitcoin blockchain. The drama surrounding Ordinals escalated when Domo launched the Layer 1 foundation along with BestinSlot and Oyl Dymanics. Domo introduced the BRC-20 protocol in March, allowing users to mint meme coins on the Bitcoin network. The Layer 1 foundation aims to maintain an indexer for BRC-20 assets’ safety, ensuring freedom from centralized corporate control.
Concerns Over Lack of Testing and Coordination
Domo highlights the lack of testing and validation of UniSat’s proposed fork of the BRC-20 protocol as a major issue. Rushing updates without sufficient time for testing could result in bugs and potential technical issues. Domo calls for a safety-first approach to maintaining the protocol and urges the BRC-20 community to reject UniSat’s fork. They emphasize that security and robustness should always be prioritized in responsible standard development, rather than allowing a single corporate entity to control the protocol without accountability.
UniSat’s Perspective on the Jubilee Upgrade
UniSat’s founder, Lorenzo, disagrees with Domo’s assessment and believes that the Ordinals Jubilee upgrade holds significance for both Ordinals and BRC-20. Lorenzo argues that the upgrade will enhance and establish a robust foundation for future development. UniSat initially agreed to the 0.9 freeze but became concerned when it seemed like the freeze could lead to a permanent detachment from Ordinals. UniSat decided to go its own way to address issues and maintain BRC-20 on Ordinals for seamless interaction with other protocols.
Hot Take: The Debate Over the Bitcoin Ordinals Protocol Update
The planned update of the Bitcoin Ordinals protocol by UniSat has sparked a heated debate within the crypto community. While Domo, the creator of the BRC-20 standard, argues that the update is unsafe and effectively forks the protocol, UniSat defends its decision, claiming that it will enhance and establish a robust foundation for future development. Both sides emphasize different priorities, with Domo advocating for a safety-first approach and UniSat prioritizing ease of interaction between BRC-20 and other protocols. The outcome of this debate will have significant implications for the future of the BRC-20 community and its relationship with UniSat.
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