Bitcoin developers clash: Has BRC-20 tokens’ time run out?

. This propelled pseudonymous blockchain analyst Domo to develop the BRC-20 token standard on the network.However, Casa’s founder Jameson Lopp did not seem to have a lot of problems with the token deployment. Backing up his stance, the crypto storage provider lead noted,

“Bitcoin network is meant to be an “auction market for the block space” — the place where data is stored — and Ordinals merely stoked demand for it.” Meanwhile, another Bitcoin developer Luke Dashjr supported the opinion of Sherief. He opined that Ordinals transactions are like spam and should be kept off Bitcoin’s blockchain.In line with his belief, Dashjr created a program, Ordisrespector, to enable computer nodes on the network to do his aforementioned bidding. Communication in the developer group, the old guard mentioned,

“Action should have been taken months agoSpam filtration has been a standard part of Bitcoin Core since day 1.”Source: BRC-20.io However, the market capitalization decreased to $475 million. This suggested a decrease in interest and minting of the tokens. On the other hand, BTC exchanged hands at $26,659.

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