Following a growing trend of ordinal enrollments on the Bitcoin blockchain, the technology has been ported to the Litecoin network, and the number of Litecoin enrollments on the chain has exceeded 13,000. Software developer Anthony Guerrera made possible the ordinal enrollments in the Litecoin network by receiving 22 Litecoin to move the technology to the proof-of-work (PoW) blockchain.
Digital collectibles are now possible on Litecoin
Proponents of the Litecoin cryptocurrency network (LTC) were happy to learn that ordinal registrations are now possible on the network. Software developer Anthony Guerrera accepted a challenge to port the technology to Litecoin after supply grew from five LTCs to 22 tokens.
While the Litecoin network has a number of differences, its code base shares similarities with Bitcoin, including additions as a Segregated Witness (Segwit) and Main rootthat make ordinal enrollments on the Litecoin network possible.
“ONLY IN: BTC The ordinals are now in Litecoin,” Guerrera tweeted on Feb. 18. The coder also shared the open source codebase hosted on Github and further explained that he wrote the first chain ordinal. the developer saying:
The first Ordinal Litecoin has been enrolled on the Litecoin blockchain. The mimblewimble whitepaper will live inside Litecoin forever.
Since the codebase was released and Guerrera shared the first Litecoin-based Ordinal signup on Twitter, the number of LTC-based Ordinals has grown significantly. At the time of writing, there are approximately 13,211 ordinals on the Litecoin blockchain. Many people share their Litecoin Ordinal inscriptions on social media and promote their recently released LTC-based collections.
Meanwhile, the number of ordinal signups on the Bitcoin blockchain has exceeded 160,000, and the growing trend shows no signs of slowing down. Also, people are building infrastructure around Bitcoin-based Ordinals, like minting tools that can issue an Ordinal signup without a full node for a base fee, wallets, and marketplaces.
There are also numerous collections vying to be the top-of-the-line non-fungible (NFT) tokens on the Bitcoin blockchain. It’s hard to say if the trend will grow on Litecoin as it did on the Bitcoin network, but after Guerrera minted the first one, thousands followed. It will be interesting to see if digital collectibles minted in Bitcoin or Litecoin will make their way into the established NFT market economy dominated by chains like Ethereum.
What do you think about Litecoin-based ordinal inscriptions? Share your thoughts in the comments section below.
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