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By embedding royalty information in an OP_RETURN output, it becomes part of the blockchain and can be used to enforce royalty payments. This can be done by having the inscriptions code associated with the royalty agreement reference the OP_RETURN data when determining if a payment is due, and the terms of the payment.
Merkle tree chunking is a technique used to split large amounts of data into smaller chunks and create a Merkle tree out of them. The root of the Merkle tree can be stored on the blockchain, allowing for efficient verification of the integrity of the data. This method is used to enable larger inscriptions on the Bitcoin blockchain ...
Another algorithm that can be used is called "transaction chain chunking." In this method, the data is split into chunks and each chunk is added to a separate Bitcoin transaction, with each transaction referencing the previous one in the chain. The final transaction in the chain contains the full data, and the previous transactions can be used ...
Openbazaar london hackathon entry - bitcoin app recovery mechanism based on a recovery address + op return one time tokens #otp