What Are Ethscriptions? Is the Ordinals hype coming on Ethereum?
On June 18th, a new protocol emerged in the Ethereum ecosystem. Its creator is Tom Lehman, also known as Middlemarch on Twitter. He has just launched the Ethscriptions website.Ethscriptions allow for the creation and transfer of Ethereum-based inscriptions, enabling easier sharing of data without the need for smart contracts. These inscriptions can include texts, links, and images.Ethscriptions differentiate themselves from NFTs and cryptocurrencies and do not conform to Ordinals standards, as we will explore later in this article.Back in 2016, an inscription was created on the Ethereum network containing the following message:"E...