Ordinals protocol sparks debate over the place for NFTs in the Bitcoin ecosystem
The community has been divided as to whether the nonfungible token-like “digital artifacts” are the right fit for the Bitcoin space.
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The community has been divided as to whether the nonfungible token-like “digital artifacts” are the right fit for the Bitcoin space.
In the most recent data, non-fungible token (NFT) sales for this week have experienced a rise of 11.60% compared to the previous week. Moreover, the number of individual buyers purchasing NFTs in the past seven days has jumped 95.20%, reaching a total of 664,096 buyers. This Week’s NFT Sales See a Modest Rise of More [...]
The post NFT Sales Rise by 11% This Week as Buyers Surge 95% in Latest Data; ETH Dominates With $85.43 Million in Sales appeared first on Crypto Breaking News.
Amidst the buzz and persistent interest surrounding Bitcoin-derived Ordinal inscriptions, the co-founder of the Capsule 21 podcast introduced Ethscriptions, an analogous innovation that harnesses the power of the Ethereum blockchain. Ethscriptions, as described on the online platform ethscriptions.com, is a “new way of creating and sharing digital artifacts on Ethereum using transaction calldata.” From Bitcoin [...]
The post Introducing Ethscriptions: Ethereum’s Take on Inscribed Digital Artifacts appeared first on Crypto Breaking News.
Bitcoin Ordinals, introduced in January 2023 by Casey Rodarmor, are a way to inscribe digital content on the Bitcoin blockchain. (Read More)
A few solutions are being discussed to fix a code bug found in the Bitcoin (BTC)-native Ordinals protocol which has prevented over 1,200 inscriptions from being validated. While nearly every member of the Ordinals community agrees that these inscription requests should be reincluded, the community is debating whether they should be added retroactively or not. [...]
The post Bitcoin Ordinals community debates fix after inscription validation bug appeared first on Crypto Breaking News.
A new daily all-time high (ATH) has been recorded for the number of Ordinals inscribed on the Bitcoin (BTC) network due to a recently launched “token standard” for the blockchain. Bitcoin Ordinals reached 58,179 inscriptions on April 2, smashing the previous all-time high (ATH) of 31,692 on March 9 by 83.5% according to Dune Analytics [...]
The post Bitcoin Ordinals daily inscriptions surge due to ‘BRC-20 tokens’ appeared first on Crypto Breaking News.
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