Understanding GBRC721 in one article: Compared with BRC721, what are the innovations?

Original Author: Ordinal Labs

Compilation of the original text: Deep Tide TechFlow

Recently started seeing some backlash against BRC;721 due to the fact that not all data is stored on the blockchain. There are a few other alternatives out there, of which GBRC;721 stands out for being 100% on-chain.

A noteworthy feature of GBRC;721 as an extension of the BRC;721 standard is its increased efficiency in block space usage. The unique "deploy" operation stores aggregated features on-chain only once, and subsequent "mint" operations refer to those features.

This greater efficiency means a potential reduction in costs for creators and a more efficient use of the resources of the Bitcoin network, in line with the core principles of the blockchain. The GBRC;721 standard also facilitates decentralization enhancements. It does not rely on external indexers and is therefore more scalable and cost-effective than its predecessor.

An innovative feature of GBRC;721 is image generation verification, allowing creators to include the SHA;256 output of generated images on-chain. This adds an extra layer of credibility, as anyone can recreate and verify the image using only on-chain data.

The standard also significantly improves user interaction. Using GBRC;721;, it is possible to display actual images generated by mint inscriptions, replacing text data, ultimately improving the end user experience.

GBRC;721 introduces a more streamlined process for creating and minting non-fungible collections of generated Ordinals on the Bitcoin blockchain, relative to the minting of BRC;721. This could simplify the process for creators.

An important shift that GBRC;721 offers is its 100% on-chain data storage capability, unlike BRC;721 which relies on IPFS. This ensures overall data security and persistence on the blockchain without relying on external systems.

GBRC;721 introduces an interesting evolution of the NFT standard on the Bitcoin network. Provides creators with enhanced scalability, efficiency, and potentially more cost-effective methods, while providing users with greater credibility.

All in all, BRC;721 is currently the leader in collection protocols, IPFS goes against the spirit of Ordinals as one of its main benefits and challenges is that data is stored 100% on-chain, if this is not the case may have a negative impact on their future price have negative impacts.

Understanding GBRC721 in one article: Compared with BRC721, what are the innovations?

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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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