According to the CEO of JAN3, Ordinals and BRC-20 will vanish in a matter of months
The hype around Bitcoin Ordinals and BRC-20 tokens is unsustainable and will fade away in a matter of months, according to JAN3 CEO Samson Mow.
According to Samson Mow, CEO of JAN3, the most recent hype surrounding Bitcoin BTC Ordinals and BRC-20 tokens is unsustainable and will vanish in a matter of months.
In an exclusive interview with Vipkhoone, Mow stated, “These guys are basically paying massive fees that go directly to Bitcoin miners, and there is no way this can be sustained.”
He went on to say, “They will fade away after even months, let’s not talk about years here.”
The primary factor that led to an increase in transaction fees and the subsequent congestion of the Bitcoin network was the growing activity surrounding Ordinals and BRC-20, a cryptocurrency technology that enables users to mint fungible and non-fungible tokens on the Bitcoin blockchain.
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Mow views Ordinals as spam that clogs the network, despite the fact that many Bitcoin community members view them as a use case that could increase Bitcoin adoption.
“These are simply transient cash snatches like most things on contending chains like Ethereum and Solana,” he called attention to.
To Cut, mass reception of Bitcoin will happen in light of its utilization case as a saving innovation and for the purpose of trade, not due to “individuals stamping JPEGs and staying them in the chain.”
