Combining ordinals with ZK technology: The future of ‘smart’ Bitcoin?
The rise of ordinals on Bitcoin (BTC) has opened many doors for developers and users. By permanently inscribing data on the Bitcoin blockchain, digital objects like art can have verifiable ownership. However, not only digital art objects can benefit from this development. Domain addresses are also possible using this technology.
Sending and receiving transactions over the blockchain has many advantages. Some of these include the verifiability of transactions and the immutability of the blockchain. Thanks to the blockchain, digital value can be transacted in perpetuity, like a person handing over a physical dollar bill to someone else.
However, using the technology is not so simple for everyone. Users need a certain amount of knowledge about how blockchain and their wallets work, and they also need to know how to securely send crypto to a wallet.
One of the difficulties users might experience is that public keys can be quite intimidating. They are long strings of seemingly random numbers and letters. One mistake and the crypto is either lost or ends up in the wrong wallet. And with the immutability of the blockchain, there is no way to get it back.
Where there is a need, developers get to work. One of the popular projects that aim to make crypto transactions more user-friendly is Ethereum Name Service (ENS). This platform turns these complicated wallet addresses on Ethereum into easily readable domain names, just like any website.
For a long time, however, it was impossible to integrate a comparable solution for the Bitcoin network.
This all changes with BTCDomain. The platform uses ordinals and zk-STARKs, short for “zero-knowledge Succinct non-interactive argument of knowledge,” to generate unique domain addresses that can be
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