So yes, nobody is using them. But they are issued on chain. Asset data is committed into a Merkle tree. The root of that tree is embedded in a Taproot output using a tweak to the Taproot public key. S...
Correct. To be precise I should have said I'm willing to tolerate some data on the blockchain as long as the footprint is small enough that it's negligible.
Even BIP-110 does not aim to eliminate all forms of data carrying on Bitcoin, just the most harmful ones. Up to 80 bytes OP_RETURN is still possible afterwards for instance. Taproot assets are on the same order of magnitude AFAIK.
Even BIP-110 does not aim to eliminate all forms of data carrying on Bitcoin, just the most harmful ones. Up to 80 bytes OP_RETURN is still possible afterwards for instance. Taproot assets are on the same order of magnitude AFAIK.
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