Re: Introducing the Bitcoin Ordinals DID Method

On Mon, May 1, 2023 at 6:16 PM Brian Richter <brian@aviary.tech> wrote:
> Yes, we agree Bitcoin as it is currently architected will never support billions of users on layer 1 however the bet I'm making is that there will be users willing to pay a premium to get their keys and services endpoints embedded on layer 1.

To pile on to the thread, diversity in the DID Method ecosystem is a
goal. All DID Methods make trade-offs, and as long as the DID Method
is up-front about the tradeoffs it is making, then that's what
matters, IMHO.

While I can't comment on the technical mechanism used in depth, it
sounds like a perfectly reasonable way to approach the problem if you
want to use Bitcoin and don't want to depend on a Layer 2 network.

-- manu

-- 
Manu Sporny - https://www.linkedin.com/in/manusporny/
Founder/CEO - Digital Bazaar, Inc.
https://www.digitalbazaar.com/

Received on Tuesday, 2 May 2023 13:58:18 UTC