Inscriptions are a new type of asset ecosystem under the Bitcoin ecology, allowing users to engrave original data, such as text, images, and videos, on the smallest unit of Bitcoin.

Through the ordinals protocol, the Bitcoin blockchain is not only a currency transmission network but also a platform for storing and transmitting digital assets.

1. Technical characteristics of inscriptions:

The security and immutability of the Bitcoin blockchain.

Each 'Satoshi' (the smallest unit) is uniquely numbered through narrative theory sorting, making inscriptions one of a kind.

Due to the limited space of Bitcoin's smallest unit, the size and complexity of inscriptions are constrained.

Reasons for OKEx's choice of inscriptions:

1. As a new asset issuance method, it brings vitality to the Bitcoin ecosystem.

2. Value expansion promoting the prosperity of the Bitcoin ecosystem.

3. Providing additional transaction fee income for miners to maintain network security.

4. Offering new empowerment pathways for the infrastructure, projects, and applications of the Bitcoin ecosystem.

5. Support from market infrastructure, with mainstream exchanges like OKEx supporting new asset trading.

2. Characteristics of Meme Coins:

Origin: In 2013, a meme featuring a Shiba Inu image and humorous text.

Development: Initially a joke cryptocurrency, it later gained community support and celebrity promotion.

Value: Dependent on community acceptance and cultural influence, with market sentiment and community participation determining its value.

Risk: High volatility and strong speculation.

Reasons for Binance's choice of Meme Coins:

1. User conversion advantage: Simple technology, easily understood by ordinary investors.

2. Market dynamic response: Trend dissemination is quick, forming a community monetization, stimulating speculation.

3. Breaking the circle effect: Quickly building communities or attracting user speculation interest without the need to learn specialized web3 knowledge.

Conclusion:

OKEx's choice of inscriptions is to meet market demand, enhance the Bitcoin ecosystem, embrace innovative technologies, strengthen market infrastructure, and build community consensus to contribute to the Web3 industry.

Binance's choice of Meme Coins is to quickly gain profits, simply put, to make money.

Closing remarks:

By comparing inscriptions and Meme Coins, we can see that the different choices of OKEx and Binance reflect their distinct understandings and strategies regarding the market and technology.