Ryan Hoover
@rrhoover
Who’s following what’s happening with ordinals on bitcoin? Hot takes?
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Daniel Fernandes
@dfern.eth
The whole "store NFTs on chain" thing is actually a farce, nodes don't actually have to store the NFT because it's part of the witness data that nodes are expected to discard: https://warpcast.com/dfern/0x54be4c
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Daniel Fernandes
@dfern.eth
In the podcast, I linked above they pivot into claiming this is a good thing because "new nodes will be able to sync the chain faster" meaning they aren't downloading the NFTs, because no one actually is incentivized to keep that data, and confirming that Ordinals doesn't really do what they say it does.
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