V1.1.0 Jan 6 2024
The process of inscription involves a sequence of commands affixed to transactions.
The bnb-48 inscription standard ensures a structured and identifiable format for commands attached to transactions on any block chain. The integration of these specifications aims to provide clarity and coherence in the execution of operations.
- Block Chain Transparency. bnb-48 standard is suitable for any blockchain, as far as transactions on this chain supports calldata/memo/remark etc. It's super easy for indexers to track bnb-48 inscription even across different blockchains.
- Unlike an NFT standard, bnb-48 is not designed for non-fungible tokens. This design choice facilitates native bulk transfers.
- Providing functionality interfaces similar to ERC-20, these interfaces form the foundational infrastructure for DeFi.
- Multi commands are allowed to be carried in a single tx, ensuring a cost-effective and efficient process.
- Multiple serialization formats support. Developer is free to choose read-freindly format like json or efficiency orientation format like protobuffer.
- Backward compatible upgradability.
Notably, bnb-48 serves as a standard for inscription originated on the BNB Smart Chain, with '48' denoting its association with the 48 Club.