The creation of a large number of BRC-20 tokens through the Ordinals protocol has caused congestion on the Bitcoin network and led to high transaction fees. This has sparked a debate among blockchain developers about how to control the on-chain activity.
Some users in Africa have turned to stablecoins as an alternative payment option, while Binance is integrating the Lightning Network to scale Bitcoin. The Ordinals protocol allows users to create non-fungible tokens by inscribing data onto satoshis, but some developers consider the resulting tokens to be spam. However, no changes will be made to the Bitcoin protocol or Bitcoin Core for now.
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