A Rant Against Ordinals

A case against Ordinals and Inscriptions, and why it is something people should not only not support, but speak against.

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The Technical Architecture of the Quantum Cats

Rijndael, Chief Technology Officer at Taproot Wizards, describes the technical architecture that was designed to facilitate the evolving artwork of the Quantum Cats.

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The Debate Around “Cursed” Ordinal Inscriptions

After only four months since the protocol was launched, ord has its first contentious debate about what are known as “cursed” inscriptions. The simplest definition of a cursed inscription is any inscription that does not currently get indexed and identified by ord. This term came about as a catchall when some people incorrectly used or [...]

The post The Debate Around “Cursed” Ordinal Inscriptions appeared first on Crypto Breaking News.

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Bitgo Launches Storage and Tracking Solution for Bitcoin-Based Ordinal Inscriptions

On Thursday, digital asset custody provider, Bitgo, announced the launch of its storage and tracking solution for Bitcoin-based Ordinal inscriptions. Moreover, users can use Bitgo’s Ordinal inscription storage system to inscribe their own inscriptions onto the Bitcoin blockchain. Bitgo’s New Solution Allows for Safe Sending of Ordinal Inscriptions Bitgo has announced a new storage solution [...]

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Gamma.io, Xverse And Bitcoin Magazine To Host Ordinals Alley At Miami Bitcoin Conference

Bitcoin 2023 will see the world’s first fine art gallery for Bitcoin Ordinal inscriptions, hosted by the three companies.

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BitGo Introduces Solution To Securely Store Ordinal Inscriptions On

BitGo has introduced a new security solution to protect Ordinals inscriptions from accidental transfers and enable users to inscribe their own content onto Bitcoin.

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Marathon Mines Record-Breaking 4 MB Bitcoin Block Linked to Runestone Airdrop

During bitcoin’s extraordinary price peaks in March, this week saw the mining of the biggest block by byte size, with Marathon’s mining pool producing a 3.99 megabyte (MB) block. This block, labeled as 832,849, carried a message linked to the Runestone airdrop. Bitcoin Blockchain Witnesses Unprecedented 4 MB Block Over the recent weekend, Marathon, a [...]

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Random Access Markets: The Free Market Of Information

Information is one of the most valuable commodities in the world, Bitcoin is information transmuted into money. If you want information to be free, give it a free market.

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Bitcoin Inscriptions: How to Create Ordinal Inscriptions? A Comprehensive Guide

Let's break it down in plain and simple terms. This article is all about how to create Ordinal Inscriptions.

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Wu-Tangs Ghostface Killah to Release Exclusive Music Collection on Bitcoin Blockchain

This week, the popular American rapper and Wu-Tang Clan member, Ghostface Killah, declared his intention to release exclusive tracks on the Bitcoin blockchain. The influential hip-hop artist mentioned that this issuance will encompass a 10,000-piece collection, granting owners the rights to the music. Ghostface Killah Innovates With Bitcoin-Backed Music Rights Collection Tracks produced by Wu-Tang [...]

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BIG News: Bitcoin Programmers Join Forces to Create Rules for BRC-20 Tokens

Bitcoin developers decided to team up and give some structure to the whole thing by formalizing the BRC-20 token standard.

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Ordinals Is Bringing The NFT Industry To Bitcoin

NFT influencer and founder Farokh talked to Bitcoin Magazine about the future of Ordinals and Bitcoin NFTs.

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A Million-Dollar Bitcoin Bet, Financial Crisis Warnings Abound, and Ordinal Inscriptions Surpass 500,000 — Week in Review

Venture capitalist Balaji Srinivasan says hyperinflation is happening now, and is making million-dollar bets that the price of bitcoin will reach $1M in 90 days. In related news, myriad voices from the world of finance are sounding off about inflation, recession, and a brewing economic crisis. In spite of the economic turmoil, however, Federal Reserve [...]

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Bitcoin Magazine Launches El Salvador Cover Edition Ordinals Giveaway

Bitcoiners will have the opportunity to show how much they disrespect banks and love Bitcoin while potentially earning a Cover Edition ordinal.

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Ordinal Inscriptions Approach 19 Million Amid Stagnant Fees, Bitcoin NFT Sales Drop

The number of Bitcoin Ordinal inscriptions on the blockchain is nearing 19 million, a trend that has continued for the past 218 days since December 16, 2022. Statistics indicate that miners have accrued roughly 1,847.66 BTC in fees, worth about $55.29 million, confirming the millions of Ordinal inscriptions. Bitcoin’s Ordinal Inscriptions Near 19 Million As [...]

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Ordinals sends LTC and DOGE network activity surging for 3 straight weeks

Move over Bitcoin, Ordinals on Litecoin and Dogecoin have unleashed a frenzy of transactions.

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Bitcoin Stamps Surpass 18,000 Collectibles, Creativity Takes Center Stage

With the latest non-fungible token (NFT) trend on the Bitcoin blockchain, known as Bitcoin Stamps, users have issued more than 18,000 digital collectibles on the network. While this figure falls short of the number of Ordinal inscriptions, stamp creators are exploring new ways to leverage this technology. Number of Bitcoin Stamps Rises Above 18,000 A [...]

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Ordinal Inscriptions Surge Past 13 Million Amid Game-Changing Recursive Inscription Upgrade 

On June 20, 2023, around 9 p.m. Eastern Time, the tally of Ordinal inscriptions minted on the Bitcoin blockchain surged past 13 million. A mere five days had elapsed since the 12 million milestone was reached, indicating a persistent demand for these inscriptions that shows no signs of diminishing. Moreover, there has been a recent [...]

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Ordinals Community Donates $19,000 To HRF Bitcoin Development Fund

An Ordinals community surrounding the Taproot Wizards inscriptions has donated almost .85 bitcoin to the HRF. The Taproot Wizards Ordinal inscription collection community has announced the donation of approximately $19,000 worth of bitcoin to the Human Rights Foundation’s Bitcoin Development Fund. The fund supports and funds various Bitcoin projects, developers and Bitcoin Core contributors.  In [...]

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World’s Biggest NFT Company Yuga Labs Introduces First Bitcoin Ordinals Collection

The largest NFT creation firm will host their first Bitcoin Ordinals project, just as the network passes 200,000 inscriptions.

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