Bitcoin Ordinals upgrades to fix ‘Cursed Inscriptions’ problem.

The developers of the Bitcoin Ordinals protocol have released a new upgrade aimed at resolving over 71,000 invalid or “cursed” inscriptions, making them tradeable.

“Cursed inscriptions” are inscriptions that were created incorrectly or intentionally misused opcodes to create inscriptions, rendering them invalid and unrecognized.

On June 4, developers, including Twitter user Raphjaph, revealed that the Ordinals protocol had been upgraded to version 0.6.0, which would be the first step in indexing the previously unrecognized inscriptions.

Just released a new version of ord (0.6.0), which implements the first steps in recognizing more types of inscriptions (cursed inscriptions). Additionally you can now pass in RPC credentials through command-line flags, environmental vars or a config file.

— raph (@raphjaph) June 4, 2023

In late April, Ordinals creator Casey Rodarmor proposed a solution to recognize these cursed inscriptions and convert them to “blessed” ones.

The upgrade introduced support for a subset of the different types of cursed inscriptions, setting a block activation height where specific types of previously invalid inscriptions would start being indexed as normal positive inscriptions.

Ordinals influencer LeonidasNFT explained that these would be added to the list of tradable indexed Ordinals, stating:

“This is important because over 70k existing but invalid inscriptions are now supported which means that once marketplaces upgrade to v0.6.0 you will be able to start trading them.”

Bitcoin Ordinals are non-fungible asset artifacts that allow data to be inscribed onto the smallest division of a Bitcoin, a satoshi.

The protocol was launched in January by Casey Rodarmor, and the following month saw the hype around inscriptions take off as thousands of them were imprinted on the Bitcoin blockchain, causing congestion and spikes in transaction fees.

Ordinals inscriptions have been considered similar to NFTs in terms of rarity and collectability. Users are after a unique slice of data permanently etched onto the Bitcoin blockchain so these early or converted inscriptions on satoshis could potentially become valuable later on.

Related: Ordinals good or bad for Bitcoin? Supporters and opposers raise voices

According to Dune Analytics, 10.8 million ordinal inscriptions have generated $45.5 million in transaction fees since the craze began earlier this year.

On May 28, Rodarmor announced he was stepping down and passing the reins to Raphjaph.

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