Inscriptions are the solana equivalent to Bitcoin ordinals in that they are true digital artifacts. The data for the images is stored directly on the blockchain, unlike NFTs. They just went live for trading on tensor.
Inscriptions are the solana equivalent to Bitcoin ordinals in that they are true digital artifacts. The data for the images is stored directly on the blockchain, unlike NFTs. They just went live for trading on tensor.
Ordinary NFTs just point to a jpeg on arweave. They’re not immutable. Inscriptions are not your ordinary NFT.
Nope. Spl20. Look here at the other inscriptions: https://www.spl20.io/
Ordinals are digital artifacts in that the data is written directly onto the Bitcoin blockchain. This is the same except it’s written on the solana blockchain.
Inscriptions are immutable NFTs, just like ordinals are immutable NFTs.
This is a forced concept, won’t catch on, Bitcoin style ordinals don’t make sense on Solana.
What should I gather from this? It’s a Solana Dapp Scaffold with some tiles on it.
Example of such an ordinal NFT: https://solscan.io/token/FR6akTv3e3kmidsxSS12Pg8U1YJ7oqEVkfeETQWMeD3F#metadata
uri is on arweave, type is metaplex. Doesn’t it contradict what you wrote above?
I’ll be honest, I’m guessing here, but I think that arweave link is just so the nft is easily viewed, but in the case that the link is broken, the jpeg isn’t lost because it’s encoded in the block, so you could still view it.
Again the point of these inscriptions is that it makes the data immutable. These are not your standard nfts, these are different.
I understand you’re not familiar with them and thus very skeptical. They’re extremely new, but I’m not acting in bad faith here. I’m sharing them because they’re blowing up right now because it’s new tech on solana. They’re fundamentally different than other NFTs on the solana blockchain.
Arweave stores images on chain bro, the link can’t be lost its a web3 blockchain its just composable with sol/eth etc, the current arweave weave is 180 tb.
Also you are once again wrong about SPL20’s SPL20s do NOT store the image on-chain they only store the string of the token data, the only NFTs that have media stored on-chain on solana are blockotrons and those monkeys or w/e the 100 supply ones, which have the arweave image and the image itself encoded as base64 hashes onto pdas, the SPL20s like pepe, fu etc the IMAGE is NOT stored on-chain on solana, it’s stored on arweave which is on arweave chain, only the token string is stored on-chain on solana