Insert inscription in VIA

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Aug 6th, 2022
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How to insert inscription in VIA

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this is Matthew Crater from Bitcoin University and today I wanted to talk a little bit more about Bitcoin ordinals inscriptions and what Iamp;#39;m calling Prime real estate Iamp;#39;ve covered this in a few previous videos the first one was about whether ordinals and nfts will destroy Bitcoin and in that video I talked about the two really strong traditions in Bitcoin culture first one is donamp;#39;t shovel unrelated crap into the Bitcoin blockchain keep the blockchain as small as possible to make it easier for everyone in the world to run a node which helps to keep Bitcoin decentralized then the second strong and somewhat conflicting tradition in this case was allow everyone to use Bitcoin as they see fit itamp;#39;s an open and permissionless system I did a follow-up video where I tried to Steel Man the arguments in favor of ordinals and inscriptions nfts on bitcoin and my conclusion that adding inscriptions to the Bitcoin blockchain might be a good way of preserving documents

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How Do Inscriptions Work? Inscriptions create digital artifacts such as images, text, audio and applications that can be stored and transferred. They become a way of imprinting information onto the Bitcoin blockchain, adding a layer of data to specific units of Bitcoin.
Solution: Inscriptions were the writings engraved on hard surfaces. They were written mostly on rocks, stones, walls of buildings, metals etc. They depicted important events of the past.
What are Bitcoin Inscriptions, and How Do They Work? As previously mentioned, inscribing is a method of inserting arbitrary data like images, text, audio, or even software files inside individual satoshis or ordinals. Inscriptions, in their current form, were made possible by two Bitcoin upgrades, SegWit and Taproot.
An inscription is something written by hand in the front of a book or on a photograph. description is a sketch or account of anything in words; a portraiture or representation in language; an enumeration of the essential qualities of a thing or species.
These materials provide crucial historical information like the dates of various dynasties, their genealogies, territorial extent and administration of different empires and kingdoms. They also give us an idea about critical political events, social organisation, climate and famines.
Instead of imprinting data on separate s or relying on sidechains, Ordinal inscription adds a data layer to specific units of Bitcoin on-chain. The inscription protocol uses a mechanism called an envelope, a Bitcoin script designed not to execute, to store the data.
Room Inscriptions The painting rooms inscription in particular needs 8 items, meaning you need to be holding 2 of the needed items in your inventory in order to make it, as the inscription table only has 6 slots for items. They can add between 30-120 seconds in the vault, 5-20% completion, and instability 2-10%.

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