Actually they are unspendable, they just sit there for eternity. And it was actually less than 2 cents at the time. Nowadays it would be a fairly expensive operation.

The saving grace about Stamps is the stampers are forced to pay more of a "fair" fee as it does not rely on taking advantage of the witness data discount.

Oh yeah, you're right, wonder how he did that. He must have swept all of them somehow... don't understand how since its not a real bitcoin address.



No, just like Ordinals, the "inscription" only happens one time. They use Counterparty, which is a protocol for Bitcoin token transfer. Unlike Ordinals, sats aren't moved around during token transfer (or other processes: issuance, dividend, supply creation, supply locking, destructions, etc)... its all just encoded data in non-standard transactions.

yeah i did notice that the 1hb address funded all those 173 strange looking addresses and then apparently they got reconsolidated back into that address. never heard of "old style" multisig addresses and i even googled "m- bitcoin address" but i couldn't seem to find anything. so you're smarter than google franky!  

ok. that sounds kind of complicated but as long as it's not creating duplicate monkeys everytime a sale gets made i guess that's the important thing. because to have 100 monkey pics of the same monkey just because it had been sold 100 times during its existence would not be ideal. 

m- is "strange" because its the explorer software putting the "m-" prefix. other explorers would translate it to a "4 prefix" which is less strange and pre-dates by a few months the "3" multisig prefix which became the common multisig
its not me being smart. its instead just knowing more about bitcoin and certain people on this forum using poorly expressive explorers, thus they are prevented from knowing more..


yep even blockchain.info became lame when their "more details" feature just became a lame json expression of a transaction which does not convert raw binary tx data to hex or into proper readable information (their json details put "null" into some of the json results(facepalm)). explorers are better when they know of all key formats and also read the binery/hex better to express the results in human readable form better (for those that dont want to parse binary/hex data via their full node and convert the manual way)

some other explorers do express tx data better. so its just a case of people finding a explorer that fits their needs


well having a dead meme stored somewhere.. but have a hash of the dead meme store. where the HASH is the thing that then moves instead of the meme itself, can show proof of transfer without the major bloat, because if only the hash moves to only one output which moves to only one child and grandchild tx. then becomes a proof of transfer without the main bloat of moving whole files

as for "signature" well a base signature cannot be bruted to include the hash of file. but the "script" that explains how the signature is processed EG showing a 1 of 2 multisig where 1 is the signing key and 2 is the hash. would include the hash in the script process to signing proof. thus the hash would be in the blockchain, which then shows a taint path each time its spent


EG if you know the file hash. you choose a key you want as part of a multisig. and join the hash and key to create a multisig you then spend to that multisig to get the multisig into the blockchain. then when spending from it. each buyer gives you their receiver key. the seller joins the buyers receiver key with the file hash to give the file hash to the receiver. where the receiver can spend using 1 of 2 signing process. and they do this when its time for them to pass the hash to the next person by doing the same thing combining the net buyers key to the hash to create a multisig.

the file itself does not need to be in a bitcoin blockchain as long as bitcoin registers the ownership transfer

ofcourse bitcoin does not have any locks to ensure the original owners cant just later put a hash into another recipient and claim the first one is wrong(ordinals cant prove anyone ever took ownership, so even easier for ordinals to scam people ). but thats where legally the timestamp comes into play.. first sight  of hash wins and its that chain of hashes that are the default path. because there is a clear seen path of hashes per spend


as for worries of UTXO bloat
utxoset does not store all keys of a multisig. so even if a multisig is 1 of 1 1of 2 or x of 15 the utxoset just saves the same length of output

yes spending a mutlisig utxo uses more data on the blockchain rather than a legacy address. but a 1 of 2 needing 2 key lengths + 1 sig is less bloaty then then transfering whole files

unlike ordinals that do not have a chain of hashes of the file or the file itself thus are nothing like any method of NFT as they miss out on anything that can be considered as proof of ownership/transfer

i'd say this 4 prefix is an undocumented feature of bitcoin. i couldn't seem find much information on it. strange. but yet you know alot about it. 

hopefully not.

how would you ever be able to stop it though? not like bitcoin is going to ever have some type of content matching system that deals with ordinals or any other "nft" implementation. as i've mentioned in the past, the only thing gives ordinals any value is their inscription number because anyone can come along and reupload the same exact content but their number will be larger. whether you believe in the "i came first so i'm more valuable" idea, well that's another story.

Once again, the Ordinals protocol does not care about your personal interpretation of things. Transfer occurs according to a rigid set of rules and the rules exist without your permission. It cares about "franky1's bitcoin monetary policy" as much as it does your definition of an NFT, which is not at all.

I already went over this with you in the another thread where you ignored my detailed explanation of an ordinal transfer in action. You misunderstood how it worked, I explained it to you, and then you ignored the explanation.

I honestly don't understand why you enjoy fighting logic so much but I will continue to correct your misinformation for the sake of others.

wut

nothing you say makes any sense... when you repeat the same misinformed nonsense ad nauseum, all you're doing is demonstrating that you have no desire to learn or research

the system works perfectly as is, there's no reason for it to change. just because you don't understand how something works doesn't mean it doesn't work.

nobody seems to have any problems with how it works except for you and whoever you can convince that your nonsense has any merit.


Edit to address franky1's edit:

franky: the first input in this transaction is for 5 BTC. It thus includes the BTC from 128tA...


This is according to franky1's rules for how Ordinals should work, which again, nobody cares about.


I'm not pretending anything. I've never purchased or inscribed a single Ordinal, as I've told you for the 4th time now. I'm just countering your misinformative bullshit.

inserting things without consent... just because you dont like how frank i have to be to get real world concepts into your head does not mean that you have to cry that i am using bad words. instead understand the concept.
its funny how you care more about how i say things rather then whats being said. if you cant understand the idea of consensus (consent of the masses)
if you cant understand why bitcoin was made. how it was made and the structures that were in place to make bitcoin work beautifully initially.
if you cant understand what bitcoin actually does and how..
 and instead you just wanna insert your worms in any hole you can find no matter how it affects others.. thats your problem

i do laugh that you pretend real world data does not exist even though millions can read it. and you pretend its just me.. you really are ignorant to real life and common sense.

just admit your sales pitches have failed and stop trying to act like your dreams are real even when real world data can prove otherwise

i fully understand that you as sponsored promoters doing this for income do not want to or are not willing to read real world data.. and i do know and fully understand you only want to kiss each others ass and be an echo chamber thinking that if you hear an echo of your dreams that must mean the dream is real... but thats not how the real world works

maybe one day you will wake up and realise where you have gone wrong in your manifestations of your warped reality. and maybe oneday you might just get caught in your own traps of careless disregard for others
either way. your dreams wont continue forever. so be prepared

well, i'm not saying i think they have any value at all but apparently some people are willing to pay higher if the inscription number is a low one like under 100,000 and even more if it's under 1000. not that i think it has any value but some people must think that way. whether that makes any sense or not i guess it doesn't matter. all that matters is if someone thinks it makes sense. but at some point seems like someone is going to buy at the top. 

how do you take someone to court if all you know is their bitcoin address? and their monkey on the blockchain...