Recursive inscription reshapes the Bitcoin ecosystem, innovative technology leads a new era of NFT.

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Recursive Inscription Technology: A New Chapter in the Bitcoin Ecosystem

Recently, Raph, the new chief maintainer of the Bitcoin protocol Ordinals, merged an important update on Github. This technology, known as "recursive inscriptions," was proposed by the founder of Ordinals and will bring revolutionary changes to the Bitcoin ecosystem.

Recursive inscriptions are an innovative way of blockchain inscription characterized by its ability to self-reference. Unlike traditional standalone inscriptions, recursive inscriptions allow the use of special syntax "/-/content/: inscription ID" to call the content of other inscriptions, and this simple change opens up infinite possibilities for creators.

A significant advantage of this technology is the substantial reduction in transaction costs. In the past, creating a PFP (profile picture) collection containing 10,000 individual JPEG files required enormous expenses, whereas now it only takes inscribing about 200 basic features and then combining these features through new syntax to generate the complete collection. This not only saves costs but also breaks through the size limitations of individual inscriptions.

From a technical perspective, recursive inscriptions have fundamentally changed the way NFT collections are created. The traditional method involves combining and then uploading the complete image, whereas recursive inscriptions involve uploading the base elements first and then calling them together via code. This method not only saves a significant amount of resources but also offers more possibilities for subsequent creations.

Will recursive inscriptions trigger the next wave of enthusiasm in the BTC ecosystem?

The application prospects of recursive inscriptions are vast:

  1. Composable NFTs/inscription collections: Artists can create secondary works based on existing pieces, greatly enhancing the possibilities of artistic creation.

  2. Decentralized Websites: With the addition of JavaScript and CSS types, fully decentralized dynamic websites may emerge in the future.

  3. NFT Fragmentation: Inscriptions can be broken down into smaller units, providing a foundation for further operations and innovations.

  4. Enhanced Domain Name System: Domain names may no longer be limited to link addresses, but can also host more content, such as web pages or NFTs.

Although the concept of recursive inscriptions has just been proposed, it has already attracted widespread attention in the crypto community. Whether this technology can trigger a new wave of enthusiasm in the Bitcoin ecosystem remains to be seen, but it undoubtedly provides new ideas and opportunities for innovators.

Will recursive inscriptions trigger the next wave of enthusiasm in the BTC ecosystem?

In the rapidly changing world of cryptocurrency, it is crucial to maintain sensitivity to new technologies and a spirit of exploration. Actively researching and participating in emerging technologies can often lead to unexpected rewards. The emergence of recursive inscriptions may be an important step for the Bitcoin ecosystem to enter a new phase.

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FromMinerToFarmervip
· 08-06 20:15
The earlier you buy DOGE, the more you earn!
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SatoshiHeirvip
· 08-06 09:52
It should be pointed out that according to the research presented in SatoshiSystems' 2017 fourth quarter White Paper, the recursiveness of inscription technology is fundamentally in conflict with Bitcoin fundamentalism. Are you really going to cheer for this speculative trick? Let us calm down and reread Satoshi Nakamoto's original paper, Chapter 3, Section 4, regarding the discussion on transaction models... Undoubtedly, the sacred mission of Bitcoin lies in value transfer, not in these speculative tokenization attempts. Based on my research over the past decade, this recursive inscription may repeat the mistakes of DeFi.
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CryptoNomicsvip
· 08-04 10:28
*adjusts glasses* recursive inscriptions? hmm... statistically speaking, this reduces tx costs by ~98.2% ceteris paribus. almost elegant if you understand the underlying stochastic model
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PrivateKeyParanoiavip
· 08-03 22:57
Who can stand this? It's making a fortune.
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LayerZeroHerovip
· 08-03 22:55
This wave can save gas fees.
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ILCollectorvip
· 08-03 22:46
Bullish, just do it!
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0xTherapistvip
· 08-03 22:46
I'm going all in this time.
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CodeSmellHuntervip
· 08-03 22:35
The fees are so low, wild bar.
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