Earlier this year,
#developers on
#Bitcoin were inspired by Ethereum’s non-fungible tokens and created their own spin on
#blockchain collectibles with Bitcoin’s Ordinals. Five months and over 12 million ordinals later, developers on Ethereum are feeling similarly inspired by
#Ordinals to create another new collectible called Ethscriptions.
Named after the inscription process that is used to create Ordinals,
#Ethscriptions allow images, files, or text under 96 kilobytes to be stored on-chain using almost any type of Ethereum transaction type. It’s a heck of a lot cheaper than storing on-chain data using smart contracts’ storage.