The Bitcoin-native Ordinals protocol is currently facing a code defect that has impacted the validation of over 1,200 submissions, leading to a debate within the community about potential solutions.
The bug stems from the protocol's indexer function, which has only counted submissions that were included in the first input of a transaction submitted up to and including version 0.5.1 of the protocol. While the majority of the Ordinals community agrees that these submissions should be revalidated, there is a debate regarding whether they should be added retroactively or not.
There are two proposed solutions to address the issue: retroactively indexing the orphan submissions from submission numbers 420,285 by selecting a block height or selecting a block height to add these orphan submissions in the future without changing already validated submission numbers.
The community has been divided on which solution to implement, with some members favoring maintaining the current order since only a small portion of submission owners have been impacted.
Despite the debate, the number of Bitcoin Ordinals submissions has continued to grow rapidly, exceeding 1 million on April 8, according to data from the crypto analytics platform Dune. Ordinals are considered digital artifacts on the Bitcoin network and can consist of various file formats.
The impact of this issue on the broader Bitcoin ecosystem is likely to be minimal since the Ordinals protocol is a separate layer built on top of the Bitcoin network. However, if left unaddressed, it could potentially undermine trust in the Ordinals protocol, which could in turn impact the adoption and usage of the protocol. The continued growth of Ordinals submissions suggests that the community is still actively using and interested in the protocol, despite the current issue.
Also, Read - Bitcoin Reaches New Highs in 2023, MicroStrategy's Bold Investment Strategy Pays Off
from Coin Gabbar News https://ift.tt/ozGgQCB
via IFTTT
