Inscriptions and ordinals on EVM-compatible blockchains facilitate the encoding of arbitrary data into transaction call data, often representing self-transfers. Key operation types include deploy, mint, and transfer standard under BRC-20 for Bitcoin, complemented on EVM-compatible chains by additional actions such as claim, list, buy, and sell. The deploy operation initiates inscriptions by defining crucial parameters like token name, supply, and mint limits. Users can subsequently mint tokens via a transaction specifying the desired amount within those predefined limits, thereby asserting ownership and enhancing asset management capabilities on the blockchain.
Inscriptions and ordinals on EVM-compatible chains allow users to encode arbitrary data in transactions, demonstrating self-transfer mechanisms by recording varied operation types.
The BRC-20 standard for Bitcoin introduced types of operations like deploy, mint, and transfer, while EVM-compatible chains further expand functionalities with actions like claim, list, buy, and sell.
To deploy an inscription, users record a transaction with its defining characteristics—including name, token tick, total supply, and minting limits—to initiate the inscription event.
The mint action allows users to assert ownership of tokens after deployment, requiring them to specify the protocol, tick, and claim amount while adhering to established limits.
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