Author: Hippo, Binance Square

After the wealth creation effect brought about by the nearly 10,000-fold increase in ORDI, the first project of the Ordinals protocol, various protocols in the Bitcoin ecosystem have continued to be updated, such as BRC20\ORC20\DRC20\BRC30\BRC-721\BRC-721E, etc. , these protocols are updated and iterated on the basis of BRC-20, most of which focus on how to reduce the size of its file space to save Gas. At the same time, the iteration of these protocols has also been empowering the entire BTC ecosystem. Recently, there is a new Protocol - Recursive Inscription.

Recursive inscription was proposed by Casey Rodarmor, the creator of the Bitcoin protocol Ordinals. It is very expensive to inscribe 10,000 JPEG files for a collection alone, but 200 features are inscribed in the collection, and then the collection is inscribed, each using a small amount of code. To request features and render images programmatically, this method will greatly solve the space-level Gas cost, allowing artworks to be stored on the chain in a more efficient way. Its first project, Recursive Punks, had a highest price of nearly 0.002 BTC in the past two days. The nearly 30-fold increase quickly attracted attention to this protocol, and many other projects such as Recursive Frogs have appeared one after another.

The popularity of recursive inscriptions has continued to rise recently. I have observed that many communities are discussing and participating in it. So what is recursive inscriptions?

You can understand it this way. The previous inscriptions are relatively independent and cannot be split and interoperated, which will cause many limitations. The biggest feature of the recursive inscriptions is that they can be split and circulated. In layman's terms, it is different. The inscriptions can refer to each other's elements. Because they are calling codes, they are very small. This allows the inscriptions to break through the 4MB block size limit of Bitcoin. For example: we can put the cigarette in the mouth of the recursive punk Called into the mouth of the recursive frog, this composability adds infinite possibilities to the operability of the inscription, and it is also stored forever on the BTC chain. Whether it is collection or hype, there is a certain narrative space. Many people say Recursive inscription is version 2.0 of inscription.

At present, we still don’t know how far this narrative can go, including the future application space of NFT on the BTC chain, and even whether the ID avatar of the chain game can be connected with it. We don’t know, but what is certain is that as long as If there is capital that is willing to promote it, and there are project parties that continue to create and update, and can attract enough retail investors to participate, there will definitely be many opportunities to make money, so I also hope that everyone will not face new things with a rejection mentality. We should keep up with hot spots and even ambush sectors that have the potential to become hot spots.

The emergence of recursive inscriptions has made the narrative of BTC's NFT ecology more full of infinite possibilities, and excellent projects have begun to emerge. Let us embrace this charming narrative together!