Home web3.0 1Sat Ordinals Architect David Case Explains What Makes Ordinals Unique, the Integration with sCrypt and More

1Sat Ordinals Architect David Case Explains What Makes Ordinals Unique, the Integration with sCrypt and More

Aug 05, 2024 pm 06:35 PM
bitcoin Crypto Blockchain Digital Collectibles Digital Assets NFTs Ordinals

Ordinals launched on the BSV blockchain last year at block height 783968, and since then, 1Satoshi Ordinals has led the way as the token protocol of choice for many.

1Sat Ordinals Architect David Case Explains What Makes Ordinals Unique, the Integration with sCrypt and More

Ordinals, a revolutionary token protocol, made their debut on the BSV blockchain last year at block height 783968. Since then, 1Satoshi Ordinals has emerged as the preferred token protocol for many, thanks to its seamless integration with BSV’s massively scaling architecture.

At the BSV DevCon in London, CoinGeek Backstage had the opportunity to speak with David Case, the architect behind 1Sat Ordinals, about what makes Ordinals unique, its integration with sCrypt and more.

“We’re just doing cool things on top of Bitcoin,” Case told Jon Southurst of CoinGeek.

Ordinals first appeared on the BTC blockchain in January 2023, and Case was among the first to bring Ordinals to BSV, where real-time transactions and negligible fees have contributed to their rapid rise in popularity.

While BSV Ordinals only require a single satoshi in the transaction output, BTC Ordinals need over 500 satoshis due to the significantly higher network costs.

“BSV is so much more equipped to handle it,” Case said. “The idea of tracking one satoshi from one transaction to another…we can just do it, and they can’t. They have to put all sorts of complexities.”

The introduction of Ordinals on BSV has led to a diverse range of applications. Among his favorites, Case highlighted POW-20, a standard where tokens are distributed via proof of work (PoW) for solving a hash puzzle.

In essence, “the whole token supply gets locked up in a contract, and the contract owns the token. If you comply with the contract, it just spits out tokens to you.” A thousand years from now, if there are any tokens left in the contract, anyone can fire up a POW-20 miner and get these tokens.

Throughout the year, 1Sat Ordinals has forged a close partnership with sCrypt, culminating in the launch of the sCrypt Ordinals SDK at the sCrypt Hackathon.

“Neither of them gets in each other’s way,” said Case, who previously served as CTO at CryptoFights developer FYX Gaming.

1Sat Ordinals represents the tokens, while sCrypt defines the token’s logic, he explained.

According to Case, Ordinals have fostered a greater sense of a shared objective among blockchain factions that were once at odds.

“There isn’t a lot of the old animosity and hard divisions between chains…most people in this group are newer and don’t have that history. And then there are a lot of people who want BSV to succeed for what it can enable in this space and don’t have hope that BTC can do that.”

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