📜SoulBound Inscription Protocol

Introduction

The Soulbound Inscription Protocol (SIP) on Ordict employs the Bitcoin blockchain to establish a robust system of inscriptions. These inscriptions are immutable, non-transferable, and verifiably linked to a parent inscription, encompassing specific user metadata including wallet addresses to secure a record of user activities and achievements within the Ordict ecosystem.

Provenance and Hierarchical Structure

Parent Inscription:

• Acts as the main entity or organization that issues child inscriptions.

• Serves as the root for verification and issuance of new child inscriptions, ensuring all are part of a controlled and verified collection.

Child Inscription:

• Represents an individual record tied to a specific user's wallet address.

• Stores metadata specific to user achievements or event participation.

• Inherits security and verifiability from the parent inscription.

Technical Specification

Creating a Child Inscription

• Inscribe Transaction (T): Initiate with a standard Bitcoin transaction that includes the inscription data.

• Parent Spending: The transaction must spend at least one output from the parent inscription to establish a link between the child and its parent.

• Inclusion of Wallet Address: Embed the user's wallet address in the child inscription’s data structure using a predefined tag (e.g., OP_PUSH).

• Tag 3 Usage: Utilize tag 3 (OP_PUSH 3) to encode the serialized binary inscription ID of the parent, comprising the transaction ID (TXID) reversed, followed by the index, minimizing trailing zeros.

Example Inscription for a Child with User Wallet Address

OP_FALSE
OP_IF
  OP_PUSH "ord"
  OP_PUSH 1
  OP_PUSH "application/json"
  OP_PUSH 3
  OP_PUSH 0x1f1e1d1c1b1a191817161514131211100f0e0d0c0b0a09080706050403020100
  OP_PUSH 0
  OP_PUSH {"wallet": "bc1p...userwalletaddress", "type": "sports"}
OP_ENDIF

This script integrates the user's wallet address and the type of achievement directly onto the Bitcoin blockchain as part of the child inscription, establishing a connection to the parent through transaction inputs and the OP_PUSH 3 tag.

Key Features and Advantages

User-Centric Inscriptions:

• Personalized Records: Embedding the user's wallet address in each child inscription personalizes the achievements to the user’s blockchain identity.

• Non-Transferability: Inscriptions are permanently linked to the user's wallet address, ensuring their integrity and non-transferability.

Enhanced Security and Verifiability:

• Immutable Provenance: The blockchain transaction linkage between parent and child inscriptions secures immutable and publicly verifiable provenance for each record.

• Controlled Issuance: The necessity to spend a parent inscription to create a valid child inscription provides a controlled and secure environment for issuing new records, preventing unauthorized proliferation.