The introduction of Bitcoin Ordinals, pure NFTs on the Bitcoin blockchain, has ignited a fierce debate within the cryptocurrency community. While proponents see them as a gateway to expand Bitcoin’s functionality, critics, including prominent figures like Max Keiser, label them as spam. This controversy has the potential to lead to a Bitcoin fork, reminiscent of past disagreements over protocol rules and block size. The outcome remains uncertain, but the impact on the cryptocurrency landscape is undeniable.
Browsing: Bitcoin Ordinals
Bitcoin Ordinals News
“Bitcoin Ordinals” is a term used to refer to a system that creates unique NFTs (non-fungible tokens) by attaching data such as images, videos, and other media to individual satoshis (the smallest unit of Bitcoin) on the base Bitcoin blockchain.
Instead of existing on a separate layer, these NFTs are created using an arbitrary but logical ordering system known as ordinal theory. This system assigns a unique number to each individual Bitcoin satoshi, allowing for the creation of truly unique NFTs that are tied directly to the Bitcoin blockchain.
By attaching media to individual satoshis in this way, Bitcoin Ordinals potentially offer a new way to create and trade digital art and other unique digital assets, with the added security and transparency of the Bitcoin blockchain.
Stay tuned for all the latest Bitcoin Ordinals News.
Read More
In the wake of the recent development of Ordinals and the BRC-20 protocol, Goshen’s development team has engineered a protocol that integrates an Ethereum Virtual Machine (EVM) execution layer into the Bitcoin network.
The speaker line-up includes Udi Wertheimer, creator of the popular Ordinals collection Taproot Wizards; Domo, the creator of the BRC-20 Protocol; and Erin Redwing, COO, Ordinals Protocol, and more.
The Ordinals smart auction will provide a unique platform for 15 select creators to showcase their innovative and unique artistry.
OKX users can now import their BTC wallets and view their Bitcoin ordinals through one powerful and multi-chain wallet.
Milkcrate commemorates one million Ordinal inscriptions with its all-new Series 2 and an exclusive airdrop.
Magic Eden, the leading cross-chain NFT platform, is set to open a Launchpad for creators looking to inscribe Ordinals on Bitcoin on April 7, 2023. The…
The eggshell of the Royale Edition is made from carbon fiber and is encased within a sterling silver diamond weave lattice, gently angled downwards to a curved base portraying movement.
From TwelveFold to Voodling: Don’t Miss Bitcoin Ordinals’ Latest Sensation – #Voodling – Dropping 4/22/23
Bitcoin Ordinals bring a whole new dimension into the universe of NFTs, states Magic Eden CEO and co-founder, Jack Lu.