Interpretation of Bitmap Theory

Bitmap Theory Interpretation

Bitmap Theory aims to open up new horizons for the worlds of Bitcoin and Metaverse. This is an open-source standard that can turn Bitcoin blocks into Metaverse components. Cryptocurrency KOL Ordinal Labs provides a detailed introduction to this theory.

Bitmap Theory’s core is the concept of ownership. It can be “owned” by engraving a Bitcoin block on Satoshi. This process is decentralized, meaning that anyone can participate from anywhere. Once a block is engraved, it enters the Metaverse. The theory suggests that the platform can transform this block of data into a 3D model, providing block owners with the right to build in these virtual spaces.

Supporters of the Bitmap Theory plan to reinvest the initial block sale proceeds into developing advanced tools based on this standard. The goal is to lay the foundation for new digital spaces in the Metaverse. However, this is just a proposal in the early stages. Success depends on the team building the infrastructure and whether social consensus can be reached, as well as facing challenges such as technical feasibility and integration with existing platforms.

• Conversation with Maverick: Two years of hard work have brought not only DEX.
• Increasing the validator balance limit from 32ETH to 2048ETH: Will it cause validator centralization?
• New action from Cyber Administration of China: Algorithm filing for every AIGC platform is at stake

Reference: https://twitter.com/ordinallabs/status/1671169699143647235

We will continue to update Blocking; if you have any questions or suggestions, please contact us!