Ordinals trimite activitatea de rețea LTC și DOGE în creștere timp de 3 săptămâni consecutive

Ordinals trimite activitatea de rețea LTC și DOGE în creștere timp de 3 săptămâni consecutive

Marca temporală: 22 mai 2023, ora 1:57
Nodul sursă: 2103105

What began with developer Casey Rodarmor creating the Protocolul ordinalelor to “inscribe” text and imagery on the Bitcoin (BTC) network has now made its way to Litecoin (LTC) și Dogecoin (DOGE) sending transaction volume on the two chains surging for the better part of a month. 

Recent network activity on Litecoin and Dogecoin networks. Source: BitInfoCharts.

On May 18, Dogecoin reached a new transaction volume record, with 1.2 million transactions in a single 24-hour period, according to de date from BitInfoCharts. Similarly, on May 10, Litecoin reached its highest ever daily transaction volume with 584,000 transactions.

Ordinals first arrived on Litecoin after pseudonymous Twitter user Indigo Nakamoto offered 5 LTC — worth approximately $500 at the time — to anyone who could “port” the Ordinals protocol to the Litecoin network.

Some eight days later on Feb. 19 software engineer Anthony Guerrera succeeded and launched the Litecoin Ordinals protocol. In a similar way, DOGE enthusiasts copied the Ordinals protocol to create the same functionality on Dogecoin, choosing to name the new protocol “Doginals".

However, what really drove network activity on Litecoin and Dogecoin to new heights was the later introduction of the respective LRC-20 and DRC-20 token standards in early May, that allowed users to create and issue entirely new memecoins on the two networks.

The monumental influx of activity on LTC and DOGE came around the same time that the Ordinals inscription the Bitcoin network a intrat în overdrive, with a record 400,000 daily inscriptions on May 10.

Ordinals inscriptions on Bitcoin since December 2022. Source: Dune Analytics

The uptick in Bitcoin Ordinals inscriptions can be directly attributed to the introduction of the Jeton standard BRC-20 which — according to de date from Ordinals scanner brc-20.io — has seen more than 24,000 new tokens minted on the Bitcoin blockchain.

Magazine: Ordinals au transformat Bitcoin într-o versiune mai proastă a Ethereum - Putem remedia?

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