Note: This article is from @222_sats Twitter, MarsBit organizes it as follows:
Why is $ordi so noteworthy? What are the advantages of BRC20 over ERC20? (here ordi stands for all #BRC20 tokens)
1. As the first native meme token on the BTC chain, it is inherently hyped. I don’t think any meme token on erc20 dares to challenge ordi, right? This is like the difference between ETH and BTC. Although ETH has created a smart contract and its ecology is thriving, it will never surpass BTC , which has no ecology at all.
2. Fair distribution. I think the ordi distribution method is the fairest method. It cannot reserve tokens. The only way is to obtain them only through mint inscriptions, and everyone is equal, unlike erc20. It can be reserved. Although the blockchain is transparent and cannot be tampered with, the problem of erc20 token mouse warehouses can never be eliminated
3. There is no VC intervention, it does not need a project party, and there is no so-called project party. As for erc tokens, various project parties, various institutions, and even kols can obtain tokens through publicity, and retail investors are The lowest existence, but ordi is different, even ordi can do reverse harvesting
4. Ordi is the most innovative product of this year. All this is also thanks to the creation of the ordinals protocol. For more than ten years, the BTC ecology has made no achievements. Until the emergence of the ordinals protocol, it finally broke this barrier, saying that it is the current regional The greatest protocol of the blockchain is no exaggeration, and the ORDI token derived from the protocol is also the first token on the native chain since the emergence of BTC more than ten years ago, just like the smart contract created by ETH back then
5. It has value, which can be said to be the biggest advantage of ordi, because the way of issuing ordi is to mint the inscription in the form of text, and the tokens stored in the inscription are equivalent to each ordi token All include BTC in it. If someone says that ordi is worthless, it means that BTC is worthless, and any token of erc cannot do this. Once the issued erc20 token is reset to zero, it is really returned zero
6. Development, ordi actually has many shortcomings, such as the way of BTC, the way of existence, the way of transfer, the way of launching CEX, the way of trading, etc., but these shortcomings have also become Now that we have identified the advantages, once Ordi corrects these shortcomings in the future, you can look back and see how far Ordi will develop? If you think about it again, which tokens in erc20 have so many shortcomings but are so popular?
What other advantages are welcome to add, I am not here for cx ordi, I just objectively state ordi based on my cognition, ok and bn are both running and entering the arena, and it is only a matter of time before the outbreak erupts in the future, and there are still many people who are concerned about it Can ordi be launched on a centralized platform in the future? I can tell you with certainty that this is inevitable, and even coming soon. In fact, it is not difficult at all to realize this technology, and it can even be said to be very simple.
In fact, the easiest way is to copy the ERC20 token on CEX. The exchange provides the BTC recharge address. If you want to recharge, you can engrave a transferable inscription on your ordi, and then send the inscription to you. The BTC recharge address on the exchange is enough, and then the platform can record the amount
Now I doubt that people who are not on the trading platform are still learning the ordinals protocol. I don’t know how the development of ordi will be in the future. Just like ETH back then, no one can imagine that ETH can develop to the current grand occasion, so we will wait for it. Get a sword, leave the rest to the programmer
----The above content was written by netizens in the WeChat community. It is not an investment suggestion and is for reference only!
