The new Ethereum-based protocol has a familiar name and gives users another way to mint NFTs and other digital artifacts on the blockchain.
Ethereum “calldata” — the data within a smart contract — to allow for a “cheaper” and “more decentralized” minting process when compared with conventional smart contract-based methods.
Users are currently limited to image-only inscriptions but Lehamn says the protocol will allow for different file types to be uploaded in the future. Currently, users are able to “ethscribe” any image as long as it's less than 96 kilobytes in size. Lehman’s debut project on the Ethscriptions protocol, dubbed “Ethereum Punks” witnessed a considerably positive response from the community, with all 10,000 assets being claimed near-instantaneously.
Introducing Ethscriptions: a new way of creating and sharing digital artifacts on Ethereum using transaction calldata.
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