examples
Please understand that this is an experimental standard, and know how it works before testing. Use at your own risk. Examples of balance changing events. Wallets tested with: LTC Ord Wallet/LTC Core.
Regular Examples
Mint 4000 "lite" to yourself
lite has reached its maximum supply, example for demonstration purposes only
Minter populates mint function with required information
Inscribe the function to your own ordinal enabled wallet address. Make sure not using inscription service that mints to itself first.
You now have 4000 "lite"
Transfer 500 "lite" to SatoshiLite's wallet
Note: This is still being tested. Use at your Own Risk.
SatoshiLite wallet just an example. Can send to any ordinal compatible address.
Populate transfer function with required information
Inscribe the function to your own ordinal enabled wallets address that holds the balance. Make sure not using inscription service that mints to itself first. Some ordinal wallets generate a different address each time, make sure to send to the address that holds the balance.
Send the inscription from your wallet to SatoshiLite's ordinal enabled wallets address (if he had one).
SatoshiLite now has 500 "lite"
VERY EXPERIMENTAL EXAMPLES, USE AT YOUR OWN RISK
Only included because people were getting scammed. Remember, these are worthless!
Trade 250 "lite" for 1 lit via escrow
Do not recommend trading until trusted balance state index tool is available. As it stands there is no easy way of accurately checking if the seller has a valid balance. Escrow trust/error risks should also be considered.
Seller populate transfer function with required information
Seller inscribes the function to their own ordinal enabled wallet address that holds the balance. Make sure not using inscription service that mints to itself first. Some ordinal wallets generate a different address each time, make sure to send to the address that holds the balance.
Seller send's the inscription from their wallet to the escrows ordinal address.
Escrow checks balance state index tool to check their wallet has a valid balance
Buyer sends 1 lit to escrows litecoin address
Escrow now has 1 sat and 250 "lite"
Escrow populate transfer function with required information
Escrow inscribes the function to their own ordinal enabled wallet address that holds the balance. Make sure not using inscription service that mints to itself first. Some ordinal wallets generate a different address each time, make sure to send to the address that holds the balance.
Escrow send's the inscription from their wallet to the buyers ordinal address.
Escrow sends 1 lit to sellers litecoin address
Seller now has 1 lit
Buyer now has 250 "lite"
Trade 250 "lite" for 1 wei via emblem vault
Do not recommend trading until trusted balance state index tool is available. As it stands there is no easy way of accurately checking if the emblem vault has a valid balance.
Seller populate transfer function with required information
Seller inscribes the function to their own ordinal enabled wallet address that holds the balance. Make sure not using inscription service that mints to itself first. Some ordinal wallets generate a different address each time, make sure to send to the address that holds the balance.
Seller creates emblem vault and populates title / description with transfer function details
Seller mints the emblem vault
Seller send's the inscription from their wallet to the emblem vaults litecoin ordinal address.
Emblem vault now has 250 "lite"
Seller lists emblem vault for 1 wei
Buyer checks balance state index tool to check if emblem vault has valid balance
Buyer buys emblem vault for 1 wei
Seller now has 1 wei
Buyer now has control of emblem vault. If buyer wants to move balance from emblem vault, buyer unlocks vault.
Buyer imports private keys to an ordinal compatible wallet
Buyer populates transfer function with required information
Buyer inscribes the function to the imported ordinal enabled wallet address that holds the balance. Make sure not using inscription service that mints to itself first. Some ordinal wallets generate a different address each time, make sure to send to the address that holds the balance.
Buyer send's the inscription from their wallet to the desired destinations litecoin ordinal address.
Desired destination now has 250 "lite"
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