Casey Rodarmor, a software engineer, launched the Letcoin Ordinals project through the forked Bitcoin Ordinals protocol
On February 21, software engineer Anthony Guerrera launched the Letcoin Ordinals project on GitHub by forking the GitHub repository of Bitcoin Ordinals. Guerrera said that the reason for choosing Letcoin is that it is the only other blockchain that Ordinals can run on it, because it has a soft bifurcation between SegWit and Taprot technologies in Letcoin, which are crucial to the operation of Ordinals. Guerrera revealed that it did this project to meet the challenge posed by the anonymous Twitter user “Indigo Nakamoto”.
Interpretation of this information:
Anthony Guerrera, a software engineer, has launched the Letcoin Ordinals project on GitHub by forking the GitHub repository of Bitcoin Ordinals on February 21. Guerrera has explained that he chose Letcoin because it is the only blockchain that Ordinals can run on since it has a soft bifurcation between SegWit and Taprot technologies, which are vital to the operation of Ordinals. The project is a response to the challenge posed by an anonymous Twitter user under the name “Indigo Nakamoto.”
The project initiated by Guerrera aims to create a platform that allows users to compare the behavior and performance of various blockchain networks. The Ordinals project has gained popularity among blockchain experts over the years due to its ability to analyze network performance, making it easier to compare different blockchain networks, including cryptocurrencies. Ordinals can measure block propagation times, block size, and other critical blockchain network metrics.
The choice of Letcoin is essential to Guerrera’s project since it has a soft bifurcation between SegWit and Taprot technologies. SegWit increases the number of transactions that can fit in a block, while Taproot makes transactions more private and cheaper. By running Ordinals on Letcoin, it will enable comparisons of other networks’ performance that use similar technologies.
This project is a response to an anonymous challenge by “Indigo Nakamoto,” who raised questions about Ordinals and the reliability of its data. Guerrera believes that this project will demonstrate the accuracy and legitimacy of Ordinals’ data and remove any doubts related to it. The project will also counter the criticism that most comparisons of blockchain networks are subjective and lack objectivity. With Ordinals, users now can see and compare verified data about different blockchain networks, increasing transparency and objective analysis.
In conclusion, Anthony Guerrera’s Letcoin Ordinals project is a response to criticism raised by an anonymous Twitter user, Indigo Nakamoto. It aims to create a platform where users can compare and analyze different blockchain networks’ performance. The choice of Letcoin is essential to the project due to its soft-fork-dependent technologies. The project will not only counter criticism related to Ordinals’ data accuracy but also increase transparency and objectivity associated with comparing blockchain networks.
This article and pictures are from the Internet and do not represent 96Coin's position. If you infringe, please contact us to delete:https://www.96coin.com/42974.html
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.