Ordinals Litecoin fork took one week and was ‘quite simple,’ says creator

A small financial bounty and an inherent ability for coding had been all it took to fork the Ordinals protocol to the world’s second-ever cryptocurrency community, Litecoin (LTC), earlier this week, its creator advised Cointelegraph.

On Feb. 18, an Australian software program engineer by the title of Anthony Guerrera posted a repository to GitHub that forked the Bitcoin (BTC) Ordinals protocol to Litecoin. This allowed for nonfungible token (NFT)-like assets on the Litecoin network in much the same way it had made it to Bitcoin earlier in the year.

In an interview with Cointelegraph, Guerrera said he was spurred to make a Litecoin Ordinal fork due to a 5 LTC bounty posted by the pseudonymous Twitter user Indigo Nakamoto on Feb. 11 that rose to 22 LTC, or about $2,000, to anyone who was first to successfully create a fork.

“I knew it was attainable as a result of Litecoin has Taproot in addition to SegWit,” Guerrera mentioned, including:

“I used to be in a little bit of a mad rush to try to get it performed as quick as I might.”

Taproot and SegWit are the names given to the Bitcoin protocol updates that aimed to enhance the privateness and effectivity of the community but in addition allowed for NFT-like buildings referred to as “inscriptions” to be hooked up to satoshis.

The price to inscribe a picture onto the Bitcoin blockchain can value tens of {dollars} relying on its dimension however Guerrera mentioned the fee to inscribe a litoshi — the LTC equal to a satoshi — is “about two cents.”

Some extent of rivalry amongst Bitcoiners is the block area that Ordinals take up on the community as a result of their knowledge dimension is much higher than transactions. Guerrera doesn’t assume this problem will likely be as distinguished on Litecoin as a consequence of its bigger block dimension however might it nonetheless presumably eventuate.

“Pandora’s Field has already been opened and somebody was going to do it, so it might as effectively be me.”

Guerrera mentioned his LTC fork took round one week to create as “the modifications had been fairly easy.” He defined he up to date the Ordinals code to work with inputs from the Litecoin community as a substitute of the Bitcoin community.

Parameters that differed between the blockchains similar to the entire attainable variety of cash and block time creation variations additionally needed to be accounted for within the fork.

In a Feb. 19 tweet, Guerrera mentioned he’d inscribed the primary ever Litecoin Ordinal, placing the MimbleWimble whitepaper onto the blockchain within the so-named “inscription 0.”

The inscription of the whitepaper is within the wake of the Might 2022 Mimblewimble Extension Blocks (MWEB) improve that enables Litecoin customers to opt-in to confidential transactions and different blockchain enhancements similar to serving to scale back extra and pointless transaction knowledge.

Associated: How the Ordinals motion will profit the Bitcoin blockchain

“I needed to dedicate the primary inscription to that and make it conscious that Litecoin now has this privateness sidechain hooked up to it,” Guerrera mentioned.

“I am a fan of the know-how and I like that privateness can turn out to be a factor on these public ledgers.”

As for the way forward for the forked protocol, Guerrera will “hold contributing to this fork as a lot as I can” and port throughout updates from the unique Ordinals.

“I in all probability wish to hand over this as I do not need it to take an excessive amount of of my time,” he added. “I am doing different issues. I’ve acquired different issues on my plate.”