An Ethereum user introduced the Ethscriptions protocol, which allows you to create and transfer digital artifacts on the network, similar to the Ordinals inscriptions in Bitcoin.
Introducing Ethscriptions: a new way of creating and sharing digital artifacts on Ethereum using transaction calldata.https://t.co/XfQ7RdtblD
ALSO: Introducing Ethereum Punks. Because why should all non-contract Punk happen collecting on Bitcoin?https://t.co/d3Ycwbdc2Z…
— Middlemarch (@dumbnamenumbers) June 16, 2023
The solution was launched by co-founder and ex-CEO of online music encyclopedia Genius Tom Lehman. According to him, the start of the protocol was successful – in less than 18 hours, almost 30,000 Ethscriptions were created, including a copy of the popular CryptoPunks NFT collection.
“Interestingly, for the first time since 2015, I saw how Ethereum copies bitcoin,” commented Chris Castig, founder of the Console web3 social platform.
interesting! First time I’ve seen ETH copy BTC since 2015 🤣
— castig (@castig) June 16, 2023
The protocol provides the ability to write arbitrary files to the Ethereum blockchain, not exceeding 96 kB in size. Initially, it can decrypt images onlybut this feature will be extended to all label types in the future.
Lehman used the calldata store in EVMwhich sends data on a smart contract call or transaction.
“Any successful Ethereum transaction whose input data (in UTF-8 encoding) is unique with a valid URI, creates a caption. Duplicate content is ignored,” the developer explained.
The user needs to send 0 ETH to the artifact creation address by entering a file converted to hexadecimal format in the Hex data field.
According to Lehman, using the protocol is cheaper and more decentralized compared to contract storage.
The solution guarantees the “global uniqueness” of all Ethscriptions. To ensure this quality, the programmer is working on launching an open source label indexer.
“I have a lot of other protocol expansion plans that I can’t wait to share, but the base must come first!” emphasized Leman.
Recall that in May, the developers of Ordinals Market and Bitcoin Miladys introduced the BRC-721E standard, which ensures the migration of Ethereum-NFT to ERC-721 to a protocol based on bitcoin.
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