GRAM20 Protocol

GRAM20 Protocol is an open-source framework designed to support the creation, approval, trading, and management of digital assets, specifically inscriptions, within the TG20 platform. This protocol underpins the foundational structure of the TG20 ecosystem, providing a standardized method for interacting with digital inscriptions across multiple blockchains.

What are Inscriptions?

Inscriptions in the context of blockchain technology involve embedding various types of data, such as text, images, or other digital content, directly into blockchain transactions. These inscriptions are permanently recorded and are immutable, meaning they cannot be altered or deleted. This practice enables the permanent and verifiable storage of information, ranging from simple messages to complex data structures, within the decentralized and secure framework of a blockchain.

Inscriptions are shutting down networks

There are dozens of capable Layer 1s around. However most of them have been recently affected by various BRC-20-like projects, launching their versions of inscriptions protocol.

These new inscription protocols being launched on various Layer 1 blockchains are causing quite a stir, mainly because they're leading to network shutdowns. The big issue is that they create a lot of congestion. Most of these networks just aren't built to handle that kind of load.

Since most Layer 1 networks were designed with simpler tasks in mind, they're not equipped to deal with this new, more demanding technology. It's like asking a basic family car to do the work of a heavy-duty truck. This is why the TON network and the GRAM-20 standard are better suited for inscriptions than other networks.