Ordinals developer: As long as there is enough time, network effects will always make one standard more successful than others
2024-04-02 05:48:54
Ordinals developer Leonidas posted on the X platform stating that there is a Runes token protocol created by Casey Rodarmor on Bitcoin, as well as derivatives of the Casey Rodarmor Bitcoin protocol. My intuition is that once this cycle ends, the latter will return to zero and cannot be restored. Ethereum does not have dozens of alternative and irreplaceable token standards, it has ERC-20 and ERC-721. If you want your project to be seen by many people, then you must deploy it on the standard with the strongest network effect. That's why I don't use or publish all other meta protocols.
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