Recursive inscription proponents claim the tech can bring DeFi to Bitcoin, create an on-chain AWS competitor — and even a BTC “supercomputer.“
Yang has worked on recursive inscriptions since February in the form of Bitcoin generative NFT collections OCM Dimensions and OCM Genesis. He inscribed both of those innovative collections on Bitcoin in February before anyone understood the significance of what he had done.
For now, the smart contract-enabled Ethereum blockchain is the home of more developer activity than anywhere else, and it dominates the DeFi sector. Until this year, the idea of building a genuine smart contract — the self-executing code used as building blocks for programmable money ecosystems — was not possible on Bitcoin.
“Now you can own the actual art, not just a contract that points at a piece of art stored on centralized databases,” says Carlo Fox, an “Ordinals OG” since February who created the Nakamoto Whales series. NFTs, as we know them on Ethereum and on other chains, are more like“I got super excited for Ordinals for a few reasons: for one, we now can create and own on-chain art that is truly immutable. When you understand the ramifications of this, it’s huge.
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