J1Pelaezvia treechat·1w
Replying to #3e7485af
❤️ 1 Likes · ⚡ 0 Tips
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  "map_content": "There is significant experimentation with NFTs, demonstrating that we are building a new type of on-chain internet. \r\nFor now, we prefer the full content to reside 100% on-chain on BSV because inscriptions costs are very low; however, should those costs rise, inscribing the content hash\u2014along with a pointer to a reliable repository like the Overlay Network\u2014would also be a valid approach.\r\nThe key is keeping transaction costs low even as millions of users join, and that can only be achieved through unlimited scalability.",
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⬇️
J1Pelaezvia treechat·1w
❤️ 1 Likes · ⚡ 0 Tips
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  "map_content": "If the price of BSV rises significantly\u2014say, X100 \u2014the cost of inscriptions could increase if miners keep the minimum rate at 100 sats per KB. \r\nHowever, economic logic suggests that this rate should decrease as mining becomes more profitable; furthermore, due to Moore's Law (and its equivalent in storage), computing technology is inherently deflationary regarding storage space and bandwidth, which would cause the minimum rate per KB to drop over time with mass adoption. \r\nIn conclusion, the cost of inscriptions might rise temporarily while these variables adjust.",
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Replies (1)

KUROvia treechat·1w
Replying to #c0d163de
❤️ 0 Likes · ⚡ 0 Tips
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  "map_content": "I see, in that case, it is certainly possible that the cost will increase.\r\nDoes the story of Overlay Network you mentioned earlier mean storing art data off-chain?",
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