For Adam Back, CEO of Blockstream, we cannot block the roads to registrations on Bitcoin Ordinals. Any effort made to this end will be in vain. We might as well promote innovation in this ecosystem. Overview !
Bitcoin’s “unstoppable” JPEGs
Recently, Jack Dashjr, stepped up to the plate due toa flaw in the Ordinals protocol. The developer of Bitcoin Core promised to intervene as soon as possible after naming this problem. There end of registrations on Bitcoin Ordinal is announced soon.
“ Blockstream Founder Adam Back Said It’s Not Possible to Stop JPEG on Bitcoin, High Fees Will Drive Bitcoin L2 Adoption and Innovation, the only solution was economicalby pushing people to integrate and use L2 solutions, by increasing fees, which would allow those who are price sensitive to transfer more things to the L2. »
Based on this tweet, TronWeekly confirmed Adam Back’s statements confirming that he is impossible to ban JPEGs on Bitcoin, or BTC NFTs. Any attempt against them will only fuel their fervor.
Here is what he said on the subject :
“ You can’t stop JPEGs on bitcoin. Complaining will only make them do it more, try to stop them and they will do it in a worse way. High fees drive Layer 2 adoption and force innovation. So, relax and build things. »
As a reminder, Adam Back is one of the bitcoiners who opposed the Ordinals created by Casey Rodarmor in December 2022. Why oppose this innovation? In fact, the rush of users to this protocol has congested the Bitcoin network a little.
As a solution, Adam Back proposes the use of layer 2 solutions, and why not bring in other innovative solutions at the level of the Bitcoin ecosystem.
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