Ethereum

<ul><li>In less than 18 hours, almost 30,000 Ethscriptions were produced.</li><li>With the use of Ethscriptions, any kind of data may be added to the Ethereum blockchain.</li></ul>There’s a new protocol on <a href="https://thenewscrypto.com/ethereum-whales-big-move-a-hint-for-investors/" rel="noopener noreferrer nofollow">Ethereum</a> that lets people create and trade objects. It’s clear that the name “Ethscriptions” is a nod to “Inscriptions,” a related project by Ordinals that was implemented on the Bitcoin network.Tom Lehman, the former CEO of Genius.com and co-creator of the initiative, noted an immediate surge in interest after its debut on Saturday. In less than 18 hours, almost 30,000 Ethscriptions were produced, as tweeted by Lehman, making the launch a “huge success.”With the use of Ethscriptions, any kind of data, not only monetary transactions, may be added to the main Ethereum blockchain. Users may inscribe any file type so long as its size is less than 96 kilobytes. However, its inventor claims that this feature presently only supports photos.Continue To Read <a href="https://thenewscrypto.com/bitcoin-ordinals-rival-ethscriptions-launched-on-ethereum-blockchain/" rel="noopener noreferrer nofollow">&#64;TheNewsCrypto</a>

Bitcoin Ordinals Rival ‘Ethscriptions’ Launched on Ethereum Blockchain

TheNewsCrypto

Other articles published on Jun 19, 2023

Binance announces support for USDC deposit and withdrawal via Arbitrum

Ethereum Developers May Increase Validator Limit: What Does This Mean?

Ethereum mulls increasing staking limit from 32 to 2,048 ETH for validators

ETH Could Start Another Drop If It Fails to Hold Critical Support! Current ETH Analysis

Terra Founder Do Kwon Gets His First Jail! Here are the details…

Updates On BlackRock's Spot BTC ETF, Crypto Daily TV 19/6/2023

Join our free newsletter for daily crypto updates!