A Bitcoin Ordinals virtuoso has let fly a proclamation, threatening to fund a splintering open-source fork of Bitcoin Core should any brave souls dare to stifle the spirited dance of Ordinals and Runes, those non-financial mavericks on the network.
The open letter, crafted on X from Leonidas, host of The Ordinal Show-much like an edgy playwright crafting a polemic-burst forth this past Saturday amidst a high drama within the Bitcoin community. Here lies a battleground of ideologies: should node validators nurture peer-to-peer financial transactions while casting aside-or at least disregarding-those gargantuan data transactions, akin to a bulky antique radio squashing the room’s aesthetic, known as pictures, videos, or documents, which detractors decry as mere spam?
‘Tis Leonidas who warns of a “dangerous precedent” and forewarns with stern gravity that any tightening of policy rules or censorship of these daring Ordinals and Runes transactions shall prompt “decisive action.”
“Should it come to necessity, the DOG Army shall muster resources to develop and sustain an open source fork of Bitcoin Core, shorn of near all policy shackles, convincing thousands to adopt it, thereby proving irrefutably that Bitcoin must forever stand, as Atlas did, unsupported and censorship-resistant.”
This brash rhetoric followed the musings of Blockstream’s CEO Adam Back-in stark contrast-a stalwart among Bitcoiners who find such transactions nothing more than digital pestilence with “no place in the timechain.”
The Great Bitcoin Core vs. Bitcoin Knots Discord 📜
Ordinals, Runes, and the Gold Rush of Fees 💰
Leonidas argues that the Ordinals and Runes spheres have amassed over $500 million in transaction fees, likened to a linchpin for safeguarding Bitcoin’s security-at a time of growing concern as Bitcoin’s mining block subsidy halts in its tracks every fourth year, halved.
He reports dialogues with Bitcoin miners who collectively command over 50% of Bitcoin’s hash rate, asserting they would accept any banner-bearing transaction, provided the gold-the fees-are ample.
Capricious Ordinals: Moon One Day, Merely a Cog the Next 🎢
Yet, relying on these fluctuating income streams has proven a gamble, with trends revealing a rhythm of their own.
In a spartan scene evoking Jeux d’eau paintings on August 31, Bitcoin miners garnered a measly $3,060 from Ordinals-whispered fractions compared to the boldest daily record of $9.99 million spawned on December 16, 2023, as the scribes of Dune Analytics attest. Not even in 2025 has the mightiest daily chest contained riches exceeding $1 million-clear evidence that Ordinals no longer hold dominion over as vast a portion of the blockspace.
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2025-09-08 08:38