Ordinals

The arrival of the Ordinals Protocol, which allows for the creation of Bitcoin NFTs, has coincided with a big jump in the price of bitcoin. Add that to the SEC's exemption of Bitcoin from the label of security, and we see a bullish bitcoin picture emerging...

The introduction of the Ordinals Protocol, which enables the development of Bitcoin-based NFTs, has coincided with significant changes to mempool activity and transaction size, new data by CryptoSlate and Glassnode show. The post The impact of Ordinals on Bitcoin mempools & transaction size appeared first on CryptoSlate...

A Taproot Wizard jpeg was mined into the Bitcoin blockchain on February 1, sparking debate on the appropriate use of network resources, particularly inefficiencies due to increased block size. The post Data on Taproot Ordinals points to higher Bitcoin fees, chain bloat appeared first on CryptoSlate...

Ordinals inscriptions, viewed as a kind of Bitcoin-native NFTs, are picking up steam among some Bitcoin circles, even though the procedures to issue them are far from user-friendly. The protocol, which was unveiled in January, has already served to bring more than 7,000 inscriptions directly to the Bitcoin chain...

An objective look at the technical concerns behind Ordinals and the implications on the Bitcoin network...

The sudden emergence of inscribed Bitcoin blocks has been met with criticism, but it offers a glimpse of how Bitcoin block space will evolve...

The controversial project has been met with equal parts excitement and criticism in regards to its impacts on Bitcoin...

Reading Time: 2 minutes The Bitcoin community is divided on the impact of the Ordinals NFT project on the Bitcoin blockchain Some think it brings more use cases to Bitcoin while others say that Bitcoin wasn’t built for that kind of project Ordinals are taking up block space raising fears of a possible increase in