In 2023, the Bitcoin ecosystem entered a stage of explosive development. The birth of the Ordinals protocol was the biggest contributor. The BRC20 inscriptions ordi, rats, and sats based on this protocol soared to the sky, becoming the biggest gold mine in 23 years, and the inscriptions were hot.
The popularity of brc20 inscriptions was something that no one had anticipated. With the surge in the prices of several leading inscriptions, a huge stone was thrown into the already passionless market, and the passion was surging. With the arrival of this large wave of traffic, the first bull market that everyone is looking forward to is coming towards us. The popularity of inscriptions is inseparable from the active deployment of web3 wallets by exchanges such as Binance and OKX, which provides a basic highway for the accelerated growth of the inscription market.
However, if you still use large funds to invest in ordi and sats in 24 years, BitTorrent believes that the risk and return are not proportional. The secret to successful investment is to plan ahead, so the layout of inscriptions that have not yet been released but have the genes to be released is the key among the keys. With ordi and sats listed on Binance, it is not difficult to find that these are actually inscriptions that are strongly related to Bitcoin. Based on this logic, will the next one be Inscription Core?
background story:
I believe everyone knows what Inscriptions are, but newcomers may not know BitcoinCore.
What is Bitcoin Core?
In fact, BitcoinCore is an open source client software with a certain history. It implements the Bitcoin protocol and allows nodes to participate in the Bitcoin network, maintain a complete copy of the blockchain, and verify all transactions and blocks.
BitcoinCore releases updates regularly, which may contain new features, security fixes, performance improvements, etc. Users need to actively update their clients to get these improvements.
Bitcoin Core developer Luke Dashjr wants to fix the vulnerability
In December 23, Bitcoin, which is at the forefront of the crypto narrative, was caught up in a debate about technology and interests on social media.
The controversy stems from a tweet from Bitcoin Core developer Luke Dashjr:
Original translation: PSA: "Inscription" is exploiting a vulnerability in#BitcoinCoreto spam the blockchain. Since 2013, Bitcoin Core has allowed users to set a size limit (-datacarriersize) for additional data in transactions they relay or mine. Inscription bypassed this limit by obfuscating their data as program code.
This bug was recently fixed in Bitcoin Knot v25.1. It took longer than usual since my workflow was severely disrupted late last year (v24 was skipped entirely).
Bitcoin Core is still vulnerable in v26. I can only hope it will eventually be fixed by v27 next year.
In plain words, the inscription system is exploiting a vulnerability and should be fixed.
Where there is controversy, there is interest
As BitcoinCore developers debate with ORDINALS-related inscriptions, we see a steady influx of traffic into the inscription market, as well as the gradual opening up of inscriptions and the popularization of the market. This is the trend of history, just like the rolling water of a river that eventually flows into the sea and cannot flow back.
Will the third wave of inscriptions be core? Why are there already a large number of communities optimistic about and already deploying inscription core? Core is the abbreviation of Bitcoin client BitcoirCore, which plays an indispensable and important role in the Bitcoin blockchain. All transactions, transfers, mining, etc. require clients to upload and complete, and those who use Bitcoin clients are Bitcoin miners. Without BitcoinCore, the entire Bitcoin chain will be paralyzed, and all our inscriptions, including ordi, sats, etc., will not be able to be traded or transferred. Therefore, core inscriptions are the core of all BRC20 inscriptions. BTCs cookies of the same family have risen from a few cents to more than 10 dollars in just a few weeks, and are currently stable at around 4 dollars. Core is only 0.15 now, with huge potential. Interested partners can consider deploying in advance.
Data comparison and analysis: core is the abbreviation of bitcoin core, and sats is the abbreviation of satoshi, the smallest unit of bitcoin. The market value of core is 5 million S, and the currency address is 1188, which is growing steadily. The deployment time is March 10, and the total amount is 203980445 (the same as the total amount of Huobi HT). Fair casting, whether it is the official deployment of HT. This number is worth thinking about. The market value of sats is 1.35 billion $, the currency address is 46500, the deployment time is March 9, and the total amount is 21000000000000000. Both have been included in the inclusion website #coingecko.
The inscription market in 2024 will definitely see big moves and big noises, and good news is still on the way. Inscription Core is a narrative replacement for the development of bitcoincore against ordinarys. Can Inscription Core take over the new narrative of inscriptions in 24 years? Let us wait and see.
