Ordinals

There are now more than 100,000 pieces of data inscribed directly onto the Bitcoin blockchain.

The surge of inscriptions raises old debates about Bitcoin’s “true” purpose and its ability to become the money of the internet.

With the introduction of Ordinals, Bitcoiners have now inscripted more than 45,000 NFTs directly onto the Bitcoin blockchain.

A new use case for bitcoin is causing a stir because of its ability to include data directly on-chain. An analysis of inscriptions’ impact on block space.

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