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Most digital collectibles lovers think of Ethereum, Solana, or Polygon when talking about them, and for good reason: Proof-of-stake blockchains have dominated the NFT sector. However, Bitcoin-based digital collectibles have been around since 2014, and a number of projects have become their ongoing goal to introduce NFTs to the first and largest cryptocurrency.
NFTs are digital assets that can be shown to be unique and connected to other digital (and occasionally physical) works of art, movies and music that provide evidence of ownership or membership in a select club.
NFTs have been a part of the Bitcoin ecosystem for about ten years, but some people still don’t understand the value.
One of these projects is called Ordinals, and is considered by some Bitcoin maximalists to be an insult to Bitcoin fundamentals.
“you can’t stop them” alright ofc! bitcoin is designed to be censorship resistant. doesn’t stop us from commenting gently on the sheer waste and stupidity of a coding. at least do something efficient. otherwise it’s another block space thingy consumption test.
—Adam Back (@adam3us) January 29, 2023
Casey Rodarmor, the author of Ordinals, takes the criticism in his stride, stating that the uproar furthers his cause.
he confessed,
In fact, I love the haters. I mean, they do more than anyone to make people aware of the project. I don’t know what they think when they have these massive audiences and they say, ‘This is an attack on Bitcoin.’ It sounds like you don’t want to do that if you don’t want people to use the thing. .
Rodarmor, a previous contributor to Bitcoin Core, created Ordinals to allow individual satoshis to be traded over the Bitcoin network. According to Rodarmor in an interview,
The Ordinals protocol is basically a way of numbering Satoshis, giving individual satellites a serial number and then tracking them between transactions.
Users can browse, send and receive individual satoshis, which may contain specially recorded data such as movies and images, using the Ordinals protocol. The inscription describes the process of adding assets to individual satoshis. Inscriptions make it possible to add material to a Bitcoin transaction and tag a satoshi, as Rodarmor explains. The writings are ultimately saved as the signature of a Bitcoin transaction, according to Rodarmor.
According to Rodarmor, the procedure does not require a sidechain or companion token and operates solely on the Bitcoin network. “From the beginning, my design goal was to create something that would surprise people by being Bitcoin native,” he stated. That implies that it cannot be a sidechain or have a token.
The smallest unit of Bitcoin is called “Satoshi”, after Satoshi Nakamoto, the anonymous developer of the Bitcoin network. Trading at around $22,700 a coin right now, satoshis are most commonly used when someone buys a cup of coffee with BTC instead of a whole Bitcoin.
Disenfranchised people in developing countries will have to pay more to run their Bitcoin nodes and send transactions because privileged rich whites want to put JPEG pictures on the blockchain as status symbols. Just because you can doesn’t mean you should.
— Bitcoin is saving (@BitcoinIsSaving) January 29, 2023
Compared to other uses of block space, Rodarmor claims this one has the least impact. “Data is downloaded by full nodes, but ignored.” He goes on to refute allegations that ordinals and signups would misuse the Bitcoin protocol or increase transaction costs by claiming they have no resource requirements.
One thing that people don’t understand is that for Bitcoin to be secure, the blocks must be full, that’s part of the Bitcoin security model. If the blocks are not full, no one has reason to pay more than the minimum fee to have their transactions included. So, as a result, the blocks must be full.
The inscriptions, according to Rodarmor, help fill blocks but do not alter the size of a Bitcoin block. Rodarmor states that he would not support such a thing.
Rodarmor claims that even in the event of a further upgrade to the Bitcoin network, Ordinals will likely not experience any issues, as the protocol only depends on a small part of the Bitcoin network.
According to,
(ordinal) is based on the fact that transactions have inputs, transactions have outputs, (and) that inputs and outputs are valued in satoshis. So you can’t break ordinals in an update without breaking a lot of other things.
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