TwelveFold # 205 under Yuga has been repeated" Inscription"

On March 14, it was reported that the NFT series of Bitcoin, TwelveFold # 205, owned by YugaLabs, was repeatedly “engraved”. The insertion446221 and insertion444385 are both Twelvefold 205/300. The two are currently stored in the same Bitcoin address (bc1pshdmgmkt6pgw56mz94h5y2at4ryuug0ehpz8vg3lnf90xxkr356sjcazc7). The insertion444385 timestamp is 2023-03-1312:42:57, and the insertion446221 timestamp is 2023-03-1316:45:52. According to the official documents of the Ordinals agreement, the creator or owner of the Inscription cannot modify the Inscription after it is created. At present, Yuga Labs has not responded to this matter.

TwelveFold # 205 under Yuga has been repeated" Inscription"

Interpretation of this information:

The message reports that the NFT series of Bitcoin, TwelveFold # 205, owned by YugaLabs, was “engraved” multiple times, with two insertions (446221 and 444385) being identical TwelveFold 205/300. These two insertions are currently located in the same Bitcoin address. The timestamps for insertion444385 and insertion446221 are 2023-03-1312:42:57 and 2023-03-1316:45:52, respectively. However, it’s important to note that the creator and owner of an Inscription cannot modify it after it’s created, as stated in the official documents of the Ordinals agreement.

This message is interesting because it suggests that there may have been some kind of mistake or error when creating the NFTs, either on the part of Yuga Labs or the platform they used. It’s also possible that someone else has gained unauthorized access to the NFT and created new Inscriptions, although this seems less likely given the security measures typically in place for NFTs. Furthermore, the fact that the two insertions are stored in the same Bitcoin address raises questions about the current ownership of the NFTs and whether they’re being held by Yuga Labs or someone else.

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