A Planned Update of the Bitcoin Ordinals Protocol Sparks Controversy
The upcoming update of the Bitcoin Ordinals protocol by UniSat’s BRC-20 marketplace is causing concern among experts. Domo, the creator of the BRC-20 standard, warns that the proposed update is unsafe and could lead to bugs. Domo believes that rushing these updates disregards peer indexers and could harm the broader BRC-20 community.
UniSat’s Plans for the Ordinals Update
UniSat announced its plans for the Ordinals Jubilee upgrade, stating that it aims to confirm that BRC-20 remains on Ordinals without splitting into an isolated protocol. However, critics argue that UniSat’s “isolated protocol” refers to Domo’s BRC-20 standard.
The Background on Ordinals and the Layer 1 Foundation
Domo introduced the BRC-20 protocol for Bitcoin Ordinals Inscriptions in March. The Layer 1 Foundation, along with BestinSlot and Oyl Dymanics, launched the Layer 1 foundation to ensure that the BRC-20 standard remains free from centralized corporate control.
The Controversy Unfolds
Domo expressed concerns about UniSat’s lack of testing and validation for its proposed fork of the BRC-20 protocol. Domo urged the BRC-20 community to reject UniSat’s fork, emphasizing that security and robustness should be prioritized.
UniSat Founder Responds
UniSat founder Lorenzo disagreed with Domo’s assessment and stated that the Jubilee upgrade holds significance for both Ordinals and BRC-20. Lorenzo believes that any technical issues can be resolved and that the long-term benefits outweigh potential challenges.
Hot Take: The Debate Continues
The controversy surrounding the planned update of the Bitcoin Ordinals protocol shows the importance of thorough testing and coordination in protocol development. Both Domo and UniSat have presented their perspectives on the issue, highlighting the need for community consensus and responsible decision-making to ensure the security and integrity of the BRC-20 standard.
By
By
By