Author: Darren, Everest Ventures Group
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Author: Darren, Everest Ventures Group
first level title"Blockchain Token Standard"Before talking about recursive inscriptions, lets popularize what Ordinals and Brc 20 are. The Ordinals protocol is a satoshi numbering system, giving each satoshi a serial number and tracking them in transactions. In short, Ordinals allow users to attach additional data to make each satoshi unique. This process is called recording. Satoshi is named after Satoshi Nakamoto, the author of Bitcoin (Satoshi Nakamoto is a pseudonym), and is the smallest denomination of Bitcoin (BTC). 1 bitcoin can be divided into 100 million satoshis, which means each satoshi is worth 0.00000001 bitcoins. Satoshis are numbered according to the order in which they were mined and transferred. The numbering scheme is based on the order in which satoshis were mined, while the transfer scheme is based on the order of transaction inputs and outputs, hence the name Ordinals.
BRC 20 refers to the Bitcoin token standard based on blockchain technology. Representative of BRC
(blockchain token standard), while the number 20 represents the version number of the standard. The BRC 20 standard defines a set of rules and protocols for creating and managing blockchain-based tokens. The BRC 20 standard is similar to the ERC 20 standard on Ethereum, which provides a common way to create and manipulate tokens. BRC 20 tokens can be issued, transferred and traded on compatible blockchains. This standard specifies the basic functions of tokens, such as the total amount of tokens issued, token names, symbols, decimal places, etc., as well as standard interfaces and events for token transactions. By adopting the BRC 20 standard, developers can more easily create and deploy their own tokens, and realize the circulation and transaction of tokens on the Bitcoin blockchain. The emergence of the BRC 20 standard has promoted the development of the cryptocurrency ecosystem and the Bitcoin ecosystem, enabling different projects to be better compatible and interoperable with each other.
first level title"Ordibots"2. Origin of recursive inscriptions
In order to solve this problem, Gbrc 721 was created, and Gbrc 721 successfully overcomes the problem of high cost on the chain. In developing the Gbrc 721 project, the project party only needs to upload the NFT components and combine them skillfully. For example, a 10K assembly might only require 200 components, including mouths, ears, noses, and so on. This greatly saves the cost of chaining. However, this also brings a new problem, that is, image parsing needs to be performed off-chain to display the image. Therefore, the Gbrc 721 project currently presented at MagicEden
Still rendered as a string of text (as shown in the image below).
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3. Realization and effect: explore endless combination possibilities
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Implementation of recursive inscriptions
The realization of recursive inscriptions is inseparable from the wisdom and technological breakthroughs of the founder team of Ordinals. They embed the code shown in the figure below in the underlying protocol, where /content/ is the key to code references, and it is this syntax that allows developers to reference other inscriptions that already exist on the Bitcoin chain. For those readers who study the code carefully, it is not difficult to find that the code presented here (version 2174) is different from the previously mentioned version 2167 (the 2174 version deletes the /- part), and the 2167 version is the original adopted version , but then the Ordinals founding team abandoned version 2167 in favor of version 2174. This also paved the way for the opening of the next Recursive Punks drama."First is First"secondary title"/content/"Recursive Punks Dramatic Opening"/-/content/:"On June 13, Recursive Punks officially announced the launch of free minting of 10,000 Recursive Ordinals series, which immediately triggered heated discussions and spread in the community. because
According to the principle, the project was burned quickly after being discovered by the community, and even caused the website to be paralyzed when it became popular. However, after a frantic wave of Fomo recordings, many users were surprised to find that the officially used recursive inscription version turned out to be the old version 2167, and the correct recursive inscription syntax should be
, but the official use"First is First"The community then began spreading fixes and pointing out Recursive Punks grammatical errors. However, the official chose an unexpected way after discovering a grammatical error in the project, that is, tweeted that he hoped that the developers and community of the Ordinals protocol would recognize both the version without pictures and the version with pictures. What surprised the community even more was that the official deleted the tweet afterwards, and directly launched the version of Recursive Punks without a picture on MagicEden, and displayed it in the form of a high-definition large picture. The analysis by the technicians shows that this is achieved through front-end rendering, so that this version can display pictures on the MagicEden platform. This move aroused dissatisfaction among some community members. They believed that this behavior seriously violated the concept of decentralization, and some even thought it was a fraud.
Currently, both the V1 and V2 versions of Recursive Punks have been launched on MagicEden. As of today (2023.6.20), the Recursive Punks V1 version (no picture version) has a higher transaction volume, so it may be considered that the official V1 version still has more consensus in the community.
The concept is still widely accepted. However, perhaps with the popularity of recursive inscription knowledge, the real recursive inscription version Recursive Punks v2 will gain more support and recognition."/content/"secondary titleOrdiscanClever combination of components in Recursive Inscription
In recursive inscriptions, with the help of the above-mentioned"view source code"Grammatical code, project parties can directly refer to the existing NFT components on the chain to create their own NFT works. This article takes the recursive inscription project Recursive Frogs as an example to illustrate the mystery. As shown in the figure below, the red box shows the components of the NFT work (currently
The display of recursive inscription components and one-click link component URLs have been supported)."content"Next, we click on the red arrow"/content/", to view the source code for the NFT work."Inscription ID"。
syntax, which actually references six different components,
The following string of codes corresponds to each components
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Unlimited combinations of recursive inscriptions and fusion of different formats
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4. The trend of innovation triggered by recursive inscriptions and the prospect of application scenarios
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1. The threshold and cost of Bitcoin ecological entrepreneurship are reduced
secondary titleord.ioandordiscan.comThe presence of recursive inscriptions makes Ordinals underlying inscription browsers (such as
and
) strives to support multiple media types beyond the earliest text types, such as SVG, HTML, and JavaScript. Recursive inscriptions are already comparable to a universal web page, which can display the content of almost any web page. And recursive inscriptions can refer to other inscriptions, just like a local web page is upgraded to the Internet, which greatly enriches the expression of inscriptions."secondary title"3. GameFi and the Metaverse"The emergence of recursive inscriptions brings the possibility of realizing GameFi and Metaverse on Bitchain. At present, there are mini-games developed based on recursive inscriptions, as shown in the figure below, this is a recursive mini-game developed by Ordz Games. Players can directly click on the inscription browser, and the gameplay is similar to the previous popular"sheep
Web page
accomplish.
As mentioned above, the recursive inscription achieves a small size due to its code calling characteristics. This feature allows the size of the inscription to exceed the Bitcoin block size limit of 4 MB. As a result, we can theoretically build a Metaverse and GameFi on the Bitcoin chain, and even upload complex 3D games to the Bitcoin chain. Of course, it needs to be clear that recursive inscriptions are still in the early stages, and all these ideas and ideas need to be realized through continuous exploration and discovery.
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5. Possible risks of recursive inscriptions
2. Bring a burden to the Bitcoin network: In the short term, recursive inscriptions may bring prosperity to the Bitcoin ecosystem. However, pictures, movies, code repositories, software codes, and inscriptions of all kinds of new data are all likely to accumulate in Bitcoins mempool. As registrars bid more and more to confirm transactions, regular users who just want to pay for purchases in bitcoin will have to pay a costly premium. Therefore, in the long run, the Bitcoin network may become more congested and more expensive to handle.
3. Reducing the cost of doing evil: Recursive inscriptions may make it easier for fraudsters to add malware to the Bitcoin chain. Fraudsters can split malware into multiple files and add malware to peoples devices when they download games, files, or software. This can cause the downloader to lose funds.
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Reference link:
Inscription 2.0 era: Can recursive inscription make smart contracts on the Bitcoin chain possible?
Tweeted by @holddotethWhat are Ordinals? An Overview of Bitcoin NFTs
