Inscription Eths

what is ethscriptions ?

Ethscriptions are a new way of creating and sharing digital artifacts on Ethereum using transaction calldata.

This method offers a more cost-effective and decentralized alternative to NFTs. In contrast, NFTs typically rely on data stored in specific contracts, which may be controlled by a single entity. Ethscriptions also features a domain name system somewhat akin to the well-known Ethereum Name Service (ENS). However, unlike ENS which requires annual payments, Ethscriptions offers a more affordable one-time registration fee for domain names, and these domains do not require annual renewals