Luminex Announces BRC-69: A New Standard Set to Decrease Ordinals Costs by Over 90%

The Bitcoin Ordinals launchpad platform, Luminex, announced the BRC-69 standard, designed to simplify the creation of Recursive Ordinals collections, lower costs, and streamline the pre-launch process on the chain. Luminex Announces BRC-69 for Bitcoin Ordinals Last month, Ordinals developers introduced recursive ordinals, which allowed Ordinals to work together, pushing beyond the 4 MB limit per block size that was constraining Bitcoin NFTs. In the past, Ordinals created on Bitcoin were entirely independent, with no possible connections to other Ordinals. Now, with Recursive Ordinals, a unique syntax can be used to reference content from other Bitcoin Ordinals. Luminex believes that with the BRC-69 standard, the cost in Ordinals can be reduced by over 90%, and as the number of Ordinals increases, the Bitcoin block size can be optimized. According to the Bitcoin Ordinals launchpad platform, this cost reduction is achieved through a four-stage process: writing features, distributing an NFT collection, compiling, […] The post Luminex Announces BRC-69: A New Standard Set to Decrease Ordinals Costs by Over 90% appeared first on COINTURK NEWS.