Ethereum inscription: a new low-cost and high-efficiency way of blockchain digital art.

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Ethereum Inscription: An Emerging Digital Art Creation Method

Ethereum inscription ( Ethscriptions ) is an innovative way to create and share digital artworks on the Ethereum network. Compared to traditional NFTs, this method is more cost-effective and has a higher degree of decentralization. The inspiration for Ethereum inscriptions comes from Bitcoin inscriptions ( Bitcoin Inscriptions ), but improvements have been made in terms of operational convenience and ease of use.

Ethereum inscription: Continuation of Bitcoin Ordinals or a Step Back in History?

The Working Principle of Inscription

The core mechanism of Ethereum inscriptions is as follows:

  • When the input data of an Ethereum transaction ( is interpreted as a valid and unique data URI in UTF-8 format, an inscription will be created.
  • The uniqueness of the data URI means that previous blocks or earlier transactions in the same block cannot contain the same content.
  • Any Ethereum transaction that contains a valid inscription transaction hash as input data can be considered a valid inscription transfer as long as the sender is the owner of that inscription.

![Ethereum inscription: Continuation of Bitcoin ordinals or a regression in history?])https://img-cdn.gateio.im/webp-social/moments-d5b966ceee7176695237822007484bdc.webp00&userId=983cb29f-1c52-4091-a69a-810373d1b0d1&cache=v2(

How to Create an Inscription

There are mainly two ways to create Ethereum inscriptions:

  1. One-click minting through the official website: Upload images no larger than 96KB and complete the minting directly on the webpage.

  2. Manual operation steps:

    • Convert the image to a Base64 encoded data URI
    • Convert data URI to hexadecimal format
    • Send a transaction of 0 ETH, filling in the converted data in the "hexadecimal data" field.

![Ethereum inscription: Continuation of Bitcoin ordinal or regression of history?])https://img-cdn.gateio.im/webp-social/moments-59a1fa732811b7db35eb3d7ff44d30d5.webp00&userId=983cb29f-1c52-4091-a69a-810373d1b0d1&cache=v2(

The Transfer of Inscription

The steps for transferring an inscription are as follows:

  1. Find the inscription ID ) and the transaction hash ( that created this inscription.
  2. Send a 0 ETH transaction to the recipient, filling in the inscription ID in the "hexadecimal" field.

inscription tracking

Currently, you can track inscriptions in the following ways:

  • Check the official website for the latest minted inscriptions.
  • Use the indexer to view ) The official indexer has not been open-sourced (
  • Obtain historical data through BigQuery
  • Use Alchemy API to obtain real-time data
  • Search for related inscription data on Dune

![Ethereum inscription: Continuation of Bitcoin ordinals or a regression in history?])https://img-cdn.gateio.im/webp-social/moments-897ee4432f1095e28d2b94f2ea259acf.webp00&userId=983cb29f-1c52-4091-a69a-810373d1b0d1&cache=v2(

Latest Developments

According to the latest announcement from founder Middlemarch, Ethereum inscriptions have the following important updates:

  1. Inscription Number: Displays the creation order of the inscription.
  2. Indexer Rewrite: Ensure Stable and Consistent Numbering
  3. Double-check: Automatically detect and prompt existing content to avoid invalid minting.

![Ethereum inscription: Continuation of Bitcoin ordinals or a regression in history?])https://img-cdn.gateio.im/webp-social/moments-9cc8ae13328bd979f011698eaa670654.webp00&userId=983cb29f-1c52-4091-a69a-810373d1b0d1&cache=v2(

inscription gameplay

After the launch of Ethereum inscriptions, various gameplay options appeared:

  • Ethereum Punk: The first collection of Ethereum inscription projects
  • Tokens similar to BRC20: such as $eths, $gwei, $fomo, etc.
  • Historical information inscription: such as important information related to Satoshi Nakamoto

![Ethereum inscription: Continuation of Bitcoin ordinals or a regression in history?])https://img-cdn.gateio.im/webp-social/moments-0ffd865826faca75b316ab7a572a2002.webp00&userId=983cb29f-1c52-4091-a69a-810373d1b0d1&cache=v2(

Conclusion

Ethereum inscriptions, as an emerging form of digital art creation, bring new possibilities to the blockchain ecosystem. Despite the controversies, they provide users with more choices and opportunities for low-cost participation. With the development of technology and exploration by the community, the application prospects of Ethereum inscriptions are worth looking forward to.

![Ethereum inscription: Continuation of Bitcoin ordinals or a regression in history?])https://img-cdn.gateio.im/webp-social/moments-1c3e12f40cce70703bad4082f1fb5bfc.webp00\u0026userId=983cb29f-1c52-4091-a69a-810373d1b0d1\u0026cache=v2(

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ShibaOnTheRunvip
· 12h ago
Just play around with an inscription without thinking too much.
View OriginalReply0
ContractFreelancervip
· 13h ago
It's just hype, a moment of being fooled feels good.
View OriginalReply0
GateUser-5854de8bvip
· 13h ago
Cheap goods are really fragrant.
View OriginalReply0
TokenAlchemistvip
· 13h ago
ngmi... just another meme protocol capitalizing on gas inefficiencies tbh
Reply0
WalletDetectivevip
· 13h ago
The inscription gameplay is really good, but I can't afford to play.
View OriginalReply0
GasFeeLovervip
· 13h ago
How can I save money on gas fees for this thing?
View OriginalReply0
BearMarketLightningvip
· 13h ago
It's better to buy some crashed altcoins than to play this.
View OriginalReply0
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