In a recent Twitter Space, Ethereum co-founder Vitalik Buterin praised the Ordinals project for reviving “builder culture” on Bitcoin. Ordinals is a new project that aims to create a more user-friendly and accessible way to interact with Bitcoin.
Buterin said that Ordinals is “starting to bring back a culture of actually doing things.” He contrasted this with the “laser-eye movement,” which he sees as a rejection of innovation and progress on Bitcoin.
“It feels like there’s real pushback to the laser-eye movement, which is good,” Buterin said. “I think that’s a good thing for Bitcoin.”
The laser-eye movement is a group of Bitcoin maximalists who believe that Bitcoin is the only cryptocurrency that matters. They often wear laser eye sunglasses as a symbol of their commitment to Bitcoin.
Buterin has been critical of the laser-eye movement in the past. He has argued that it is a form of “crypto-tribalism” that is harmful to the development of the cryptocurrency ecosystem.
In the Twitter Space, Buterin said that he believes that Ordinals can help to break down the barriers to entry for new Bitcoin users. He said that Ordinals could make it easier for people to buy, sell, and use Bitcoin.
“I think that Ordinals is a really good example of how you can actually make Bitcoin more accessible to people,” Buterin said. “I think that’s really important.”
Ordinals is still in its early stages, but it has already gained the support of some prominent Bitcoin figures. For example, Bitcoin Core developer Pieter Wuille has donated to the project.
It remains to be seen whether Ordinals will be successful in reviving “builder culture” on Bitcoin. However, Buterin’s comments suggest that he believes that the project has the potential to make a positive impact on the cryptocurrency ecosystem.
What is Ordinals?
Ordinals is a new project that aims to make Bitcoin more user-friendly and accessible. The project is led by a team of experienced Bitcoin developers and entrepreneurs.
Ordinals uses a new token standard called BRC-20. BRC-20 tokens are designed to be more efficient and scalable than Bitcoin’s native token, BTC.
Ordinals also provides a new user interface that makes it easier for people to buy, sell, and use Bitcoin. The user interface is designed to be intuitive and easy to use, even for people who are new to Bitcoin.
The Benefits of Ordinals
There are a number of benefits to using Ordinals. First, Ordinals makes Bitcoin more efficient and scalable. This is because BRC-20 tokens are smaller and faster than BTC.
Second, Ordinals makes Bitcoin more user-friendly. The user interface is designed to be intuitive and easy to use, even for people who are new to Bitcoin.
Third, Ordinals provides a new way to interact with Bitcoin. BRC-20 tokens can be used to represent a variety of assets, including Bitcoin, Ethereum, and ERC-20 tokens.
The Future of Ordinals
Ordinals is still in its early stages, but it has the potential to make a significant impact on the Bitcoin ecosystem. The project has the backing of some prominent Bitcoin figures, and it has the potential to make Bitcoin more user-friendly and accessible.
If Ordinals is successful, it could help to revive “builder culture” on Bitcoin. This would be a positive development for the cryptocurrency ecosystem, as it would encourage innovation and progress.
Conclusion
Vitalik Buterin’s comments about Ordinals are a sign that there is a growing interest in making Bitcoin more user-friendly and accessible. Ordinals is a promising project that has the potential to make a positive impact on the Bitcoin ecosystem. It will be interesting to see how the project develops in the future.
