UniSat Wallet Confirms Alignment with Ordinals Jubilee Upgrade

UniSat Wallet recently confirmed its alignment with the upcoming Ordinals Jubilee upgrade amid a broader discussion about the evolution and governance of the BRC-20 token standard, which operates on the Ordinals Protocol.

UniSat Wallet, known for its role in the Ordinals marketplace, announced plans to adhere to the Ordinals Jubilee upgrade, ensuring that the BRC-20 tokens remain integrated within the Ordinals system. This move aligns with the broader strategy of maintaining protocol consistency without diverging into an isolated framework.

Challenges and Concerns

In contrast, Domo, the pseudonymous creator of the BRC-20 token standard, expressed concerns over these updates’ haste and potential repercussions. Domo highlighted the complexities and risks of integrating new updates into the BRC-20 standard, referencing the challenges faced during versions 0.8 and 0.9.

Domo’s apprehensions extend to the broader strategic implications of UniSat’s actions, hinting at an alleged ongoing effort to gain control over the protocol. This perspective is reportedly shared by Layer 1 Foundation, a non-profit foundation committed to keeping the BRC-20 standard free from centralized corporate influence.

Protocol Update and Debate

The Jubilee proposed update to the Ordinals protocol is integral to transferring and issuing inscriptions or tokens on small Bitcoin denominations. It aims to address the issue of “cursed inscriptions.” These are inscriptions unrecognized by the protocol’s first version.

The Jubilee seeks to reclassify these inscriptions, assigning them positive numbers and setting a precedent for protocol development and governance. However, the upgrade has sparked debate within the Bitcoin developer community, especially around its impact on the BRC-20 standard.