Bitcoin Ordinals launchpad platform Luminex has proposed BRC-69, a new standard to reduce inscription costs by over 90%.
the BRC-69 standard, designed to simplify the creation of Recursive Ordinals collections, reducing inscription costs and streamlining the on-chain pre-reveal process.recursive inscriptions last month, helping to overcome Bitcoin's 4 MB per block size limitation that restricts the size of NFTs by allowing inscriptions to work together. Previously, Ordinals inscriptions representing tokens and NFTs on Bitcoin were independent of one another, unaware of other inscriptions.
Building on this, Luminex claims BRC-69 can reduce the cost of inscriptions by over 90%, helping to optimize the Bitcoin block space as the number of inscriptions grow. The reduction is achieved through a 4-step process of inscribing traits, deploying a collection, compiling it and minting the assets, LuminexLuminex’s proposal means that minters only need to inscribe a single line of text rather than a full image.
In addition to cost savings, Luminex claims BRC-69 paves the way for more enhancements and features. For example, launching collections with a fully on-chain pre-reveal process — meaning the unveiling of a collection, including the final image and its associated traits, happens directly on the blockchain without requiring off-chain resources.
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