Timeline for Does ordinal theory affect fungibility?
Current License: CC BY-SA 4.0
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Feb 2, 2023 at 16:20 | vote | accept | Marco | ||
Feb 2, 2023 at 16:19 | comment | added | Marco | The answer by RedGrittyBrick makes sense to me. Using ordinals isn’t necessary and will be ignored by software not specifically made to track them. Just because certain people care about which sat they own doesn’t mean sats in general aren’t fungible. It’s like someone paying 5 dollars for a dollar bill that has their birthday stamped on it. If that person cares about that bill then they’ll “track” it and pay extra dollars for it. Doesn’t mean dollars are no longer fungible. | |
Feb 2, 2023 at 15:58 | comment | added | Poseidon | Im pretty sure that the input data is ONLY on the spenders side, when you receive an output it only has a reference to the previous input. That means that when you spend it you have a chain referencing back to the ordinal, but in no sense are committing to providing the ordinal date every time you use the output. It is a bottleneck on the senders side mainly. | |
Jan 30, 2023 at 19:49 | history | edited | RedGrittyBrick | CC BY-SA 4.0 |
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Jan 30, 2023 at 19:42 | history | edited | RedGrittyBrick | CC BY-SA 4.0 |
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Jan 30, 2023 at 19:36 | history | edited | RedGrittyBrick | CC BY-SA 4.0 |
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Jan 30, 2023 at 19:27 | history | edited | RedGrittyBrick | CC BY-SA 4.0 |
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Jan 30, 2023 at 19:22 | history | answered | RedGrittyBrick | CC BY-SA 4.0 |