Bitcoin Stamps Emerge as New Image-Storage Trend on the Bitcoin Blockchain, Over 8,000 Stamps Minted So Far

After the Ordinal inscription process gained important traction connected the Bitcoin blockchain with much than 800,000 inscriptions to date, a caller inclination of non-fungible token (NFT) exertion has emerged called Bitcoin Stamps. The image-storing method is simply a caller mode of storing images connected Bitcoin, and truthful far, much than 8,000 stamps person been minted.

From Ordinals to Stamps: A New Way to Store Images connected Bitcoin Materializes

Bitcoin enthusiasts person been introduced to a caller method of storing images connected the Bitcoin web that’s antithetic from the Ordinal inscription process that has go a fashionable inclination successful caller months.

The caller Bitcoin Stamp strategy was created by the Twitter idiosyncratic Mike successful Space, and a summary of the task is hosted connected Github. Basically, the exertion provides a mode to divided an representation into galore unspent transaction outputs (UTXOs) by encoding it successful Base64 substance and leveraging the Counterparty protocol to broadcast it to Bitcoin.

Bitcoin Stamps cannot beryllium pruned similar witnesser oregon signature data, and creating a Stamp is pricier than Ordinal inscriptions. Because of the expense, the Github summary of Bitcoin Stamps says, “the less the bytes, the better,” and recommends utilizing “24×24 pixel, 8-color-depth PNG oregon GIF” files.

On March 31, 2023, the first 600 Bitcoin Stamps were stamped, and arsenic of writing, there’s much than 8,000 stamps. A directory of Bitcoin Stamps is hosted astatine stampchain.io, and the task besides has enactment from Counterparty’s xchain.io. There are besides collections similar Pixel Gods, and Bitcoin Stamps tin beryllium recovered connected the Counterparty assets portal kaleidoscopexcp.com.

You whitethorn not similar it, but this is what highest show looks like.#Bitcoin Stamps pic.twitter.com/xzpjR7sZCC

— Mike In Space! (@mikeinspace) April 3, 2023

The archetypal Bitcoin Stamp, Stamp 0, was created 4 weeks agone connected March 7, 2023, astatine 1:19 a.m. UTC. Of course, akin to Ordinals, determination has been criticism of Bitcoin Stamps. When Mike successful Space shared an representation of a travel illustration showing Bitcoin Stamp transactions, 1 idiosyncratic replied, “This is intentionally bloating the UTXO acceptable alternatively than putting information successful the witness… Why would you bash this…?”

Mike responded, saying, “Witness information is prunable. The intent is permanence.” Others were enthusiastic astir the task and asked however they could participate. Despite immoderate opposition, astatine the extremity of the day, anyone tin mint Bitcoin Stamps astatine immoderate clip without permission.

What bash you deliberation astir the emergence of Bitcoin Stamps arsenic a caller image-storage inclination connected the Bitcoin blockchain? Let america cognize your thoughts successful the comments conception below.

Image Credits: Shutterstock, Pixabay, Wiki Commons

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