Ethscriptions: A New Way to Support Ethereum Projects

The first project to launch on Ethscriptions is Ordinals, a generative art series that explores the mathematical beauty of ordinal numbers. Each Ordinal is a unique NFT that represents a different ordinal number, from zero to infinity. Users who subscribe to Ordinals will receive a new Ordinal every month, as well as access to a community of ordinal enthusiasts.

Ethscriptions is powered by Superfluid, a protocol that enables continuous and frictionless payments on Ethereum. Users can subscribe to projects with a single transaction, and cancel at any time. Ethscriptions hopes to attract more projects and users to its platform, and create a positive feedback loop for the Ethereum sphere.

Etherscan’s code reader: A gimmick or a game-changer?

Etherscan, a popular blockchain explorer for Ethereum, has recently announced a new feature called Code Reader, which claims to use ChatGPT, a natural language processing model, to explain smart contracts in plain English. According to Etherscan, this feature will help users understand the logic and functionality of any smart contract on the Ethereum network, without requiring any coding skills or technical knowledge.

However, some critics have raised doubts about the reliability and accuracy of Code Reader, arguing that it is nothing more than a marketing stunt to attract more users and advertisers. They point out that ChatGPT is not a specialized tool for smart contract analysis, but a general-purpose chatbot that can generate any text based on a given input. They also warn that relying on Code Reader could expose users to security risks, such as phishing, scams, or malicious code.

Therefore, while Etherscan’s Code Reader may seem like a convenient and innovative feature, it may also be a potential source of confusion and deception for unsuspecting users.