According to news on June 19, Tom Lehman, co-founder and former CEO of Genius.com, launched a protocol called Ethscriptions last Saturday, which is similar to Bitcoin inscriptions and can write financial and arbitrary data to the Ethereum area. With the blockchain main chain, users can burn any type of file, as long as the file size does not exceed 96KB. However, according to its creator, it currently only allows the use of images, but that will change in the future.
According to Lehman, these inscriptions utilize Ethereum calldata, which refers to data provided in a call to a smart contract; the protocol is cheaper and more decentralized than using contract storage, and guarantees global uniqueness of all valid content sex. Nearly 30,000 Ethscriptions have been created in less than 18 hours, Lehman said.
According to Lehman, these inscriptions utilize Ethereum calldata, which refers to data provided in a call to a smart contract; the protocol is cheaper and more decentralized than using contract storage, and guarantees global uniqueness of all valid content sex. Nearly 30,000 Ethscriptions have been created in less than 18 hours, Lehman said.