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New Bitcoin Ordinals Size Record Broken Once More—What is the Limit to Their Growth?

Bitcoin Ordinals Size Record Broken Again—How Much Bigger Can They Get?

Bitcoin Ordinals and Runes platform OrdinalsBot has achieved a milestone by inscribing the largest Ordinals inscription to date, measuring a hefty 3.969 megabytes. This inscription, number 70,614,708, features a copy of “A Declaration of Independence in Cyberspace” by Logos Network, as announced by the OrdinalsBot team on Friday. Co-founder Brian Laughlan highlighted that the size of the inscription was primarily driven by the decision to present the document as an image of substantial size for readability.

Although this recent record-breaking inscription marks a notable achievement, the capacity for inscription size on the Bitcoin blockchain has limitations. Laughlan explained that following the Segregated Witness (SegWit) update in 2017, which expanded the maximum block size to 4MB, attempts to inscribe anything larger would be unsuccessful.

In the quest for larger inscriptions, OrdinalsBot has collaborated with Bitcoin mining company Marathon Digital for projects like the Logos Network Declaration and the 3.968MB Runestone inscription from March. By leveraging the expertise of seasoned Bitcoin developers, such as those at Marathon, OrdinalsBot continues to push boundaries and pioneer new possibilities in the crypto industry.

With a user base exceeding 200,000, OrdinalsBot has been instrumental in inscribing eight out of the top 10 largest files on Bitcoin, showcasing its impact in the space. Additionally, the platform offers backend support for Magic Eden’s inscription services and recently introduced the Trio Ordinals utility token following the BRC-20 Bitcoin token standard.

As the crypto industry continues to evolve, collaborative efforts between platforms like OrdinalsBot and pioneering companies in the field illustrate the innovative spirit driving advancements in blockchain technology. By pushing the boundaries of what is possible within the existing constraints of the Bitcoin blockchain, these initiatives pave the way for further exploration and development in the world of crypto and NFTs.