The other day I was planning to write an article about Musk's video but didn't have time to do so but today I saw CZ post this color 🟧 Don't tell me you guys are planning to push back on the#Ordinalsgame 😂
The conversation in the video (the link is hard to watch on my Twitter, I can't upload the video) shows that Musk has a very deep understanding of NFTs, not just a cursory one.
He said #nft usually only the url is on-chain, but the image is still off-chain.
He advised encrypting all images posted on-chain 👀 That is the form of DigitalArtifact
Fully on-chain nft roaring from the ordinal movement. But its limitation is that the Bitcoin network does not have a smart contract, so it does not attach nfts to a collection. Second, it is impossible to let DeFi flow into it.
DigitalArtifact on #Ethereum has perhaps more flexibility.
In the previous article, there was a section of content that I analyzed and compared in quite detail about traditional NFT and Digital Artifact (fully on-chain nft).
I will leave the link to the article in the comments for you to review if you want.
