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Risks of Upgrading the Inscription Protocol: Double Challenges of Player Rights and Asset Value

If the upgrade of the Inscription Protocol is successful, the impact it may bring is not only a technical change, but also a fundamental change in the rights and interests of players and the value of assets. From a philosophical perspective, the impact of this upgrade on assets such as $ORDI and $1000SATS is particularly significant.

1️⃣ Transfer of player rights
• Service provider takes control:
After the protocol is upgraded, players' rights and interests will be represented by the service provider, which means that players' direct control over the inscriptions will be lost.
• Risk: The rights of currency holders may be weakened, and the freedom and decentralization of assets are threatened.
• Game between players and service providers:
Players change from direct controllers to passive recipients, and service providers may prioritize their own interests rather than user needs when updating agreements and defining rules.

2️⃣ The philosophical nature of asset value
• Value relies on simplicity and stability:
The value of $ORDI and $1000SATS is built on the simplicity and stability of the protocol. Once the protocol is arbitrarily changed by a few developers, its credibility and market acceptance will be significantly reduced.
• Philosophical metaphor: The value of assets comes not only from scarcity in the economic sense, but also from trust and the immutability of rules.
• Impact of protocol updates on BRC20 inscriptions:
The update of the protocol destroys the original asset logic, and the BRC20 inscription may be considered no longer reliable, thereby losing its market value.

3️⃣ Potential losses for currency holders
• Deprivation of rights:
Token holders will lose direct control over their assets after the protocol is updated and become "custodians" who rely on service providers.
• Collapse of market confidence:
The foundation of decentralization is shaken, which may cause investors' confidence in BRC20 assets to be seriously damaged, which will trigger a sell-off.

4️⃣ Conclusion and suggestions

The upgrade of Inscription Protocol may seem like a technical optimization, but the risks behind it cannot be ignored. The value of decentralized protocols lies in trust, stability and immutability. Once these foundations are shaken, the value of assets will be difficult to maintain. Token holders should pay close attention to the specific details of the protocol changes and do risk management in advance to avoid major losses due to rule changes.