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CATEGORY: ordinal inscriptions


Mar 05, 2024 05:55

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 [...]

The post Marathon Mines Record-Breaking 4 MB Bitcoin Block Linked to Runestone Airdrop appeared first on Crypto Breaking News.

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

Author: Prasanna Peshkar
Germany
Mar 03, 2024 02:25

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.

Mar 20, 2024 05:50

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 [...]

The post Wu-Tangs Ghostface Killah to Release Exclusive Music Collection on Bitcoin Blockchain appeared first on Crypto Breaking News.

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

Author: Prasanna Peshkar
Germany
Mar 13, 2024 02:25

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.

Mar 26, 2023 03:10

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 [...]

The post A Million-Dollar Bitcoin Bet, Financial Crisis Warnings Abound, and Ordinal Inscriptions Surpass 500,000 — Week in Review appeared first on Crypto Breaking News.

Jul 23, 2023 10:30

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 [...]

The post Ordinal Inscriptions Approach 19 Million Amid Stagnant Fees, Bitcoin NFT Sales Drop appeared first on Crypto Breaking News.

Apr 22, 2023 10:30

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 [...]

The post Bitcoin Stamps Surpass 18,000 Collectibles, Creativity Takes Center Stage appeared first on Crypto Breaking News.

Jun 21, 2023 10:30

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 [...]

The post Ordinal Inscriptions Surge Past 13 Million Amid Game-Changing Recursive Inscription Upgrade  appeared first on Crypto Breaking News.

Feb 06, 2024 05:50

Taproot Wizards Quantum Cats NFTs Leap Past Technical Glitches to Amass $11.3M in Bitcoin

The sale of Taproot Wizards’ Quantum Cats non-fungible tokens (NFTs) has so far successfully amassed 268.3 bitcoin, equating to $11.3 million at the current market value. This achievement comes despite earlier hurdles that delayed the sale due to technical issues, resulting in 2,681 Quantum Cat NFTs being snapped up thus far. Quantum Cats NFT Mint [...]

The post Taproot Wizards Quantum Cats NFTs Leap Past Technical Glitches to Amass $11.3M in Bitcoin appeared first on Crypto Breaking News.

Mar 19, 2023 10:30

Bitcoin’s Ordinal Inscriptions Surpass 500,000 Mark as Miners Earn $2.66 Million in Added Fees

According to statistics, there are now more than 500,000 Ordinal inscriptions on the Bitcoin blockchain as the trend continues to gain significant traction. Onchain data also shows that since inscriptions started gaining popularity last month, Bitcoin miners have obtained 98 bitcoins worth $2.66 million in added fees. The Rise of Ordinal Inscriptions on Bitcoin Blockchain [...]

The post Bitcoin’s Ordinal Inscriptions Surpass 500,000 Mark as Miners Earn $2.66 Million in Added Fees appeared first on Crypto Breaking News.

Jun 18, 2023 10:30

Bitcoin Records Over 12 Million Ordinal Inscriptions, Miners Accumulate $46 Million as BRC20 Market Cap Declines

As of June 18, the latest figures reveal over 12.49 million Ordinal inscriptions have been recorded on the Bitcoin blockchain. The inscription trend has yielded substantial gains for bitcoin miners, who have accumulated 1,732 BTC equivalent to $46 million using today’s exchange rates. However, the BRC20 economy, experiencing a significant decline in value, has suffered [...]

The post Bitcoin Records Over 12 Million Ordinal Inscriptions, Miners Accumulate $46 Million as BRC20 Market Cap Declines appeared first on Crypto Breaking News.

Jun 19, 2023 05:50

Introducing Ethscriptions: Ethereum’s Take on Inscribed Digital Artifacts

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.

May 16, 2023 10:30

Surge in Ordinal Inscriptions Ignites Exponential Growth in BRC20 Token Economy

Over the past four days, there has been a surge in Ordinal inscriptions, and as a result, the BRC20 token economy has experienced significant growth with over 10,000 additional coins. The current value of the BRC20 token economy now stands at $497.75 million, comprising a total of 24,677 distinct tokens. Bitcoin Users Issued More Than [...]

The post Surge in Ordinal Inscriptions Ignites Exponential Growth in BRC20 Token Economy appeared first on Crypto Breaking News.

May 16, 2023 10:30

Bitcoin’s Ordinal Inscriptions Surpass 7 Million Mark, Fueling the Trend’s Unstoppable Momentum

On May 15, 2023, the number of Ordinal inscriptions surpassed the 7 million mark and as of 9:00 a.m. Eastern Time on Tuesday morning, 7,204,882 Ordinal inscriptions have been added to the Bitcoin blockchain. Miners have collected 1,324 bitcoin in fees by confirming inscription transactions which equate to roughly $35.86 million in added onchain fees. [...]

The post Bitcoin’s Ordinal Inscriptions Surpass 7 Million Mark, Fueling the Trend’s Unstoppable Momentum appeared first on Crypto Breaking News.

How to Create Ordinal Inscriptions?

Author: Prasanna Peshkar
Germany
Jul 13, 2023 10:45

How to Create Ordinal Inscriptions?

Ordinal inscriptions introduce a unique method to imprint personalized data onto the Bitcoin blockchain.

May 11, 2023 01:20

A ‘Tremendous Variety of Possible Transaction Types’ — A Look at the Conversation Between Nakamoto and Andresen

The Bitcoin mempool, otherwise known as the network’s transaction backlog, is still clogged with over 390,000 transactions waiting to be processed by miners. To clear the mempool, more than 190 blocks need to be mined. As the scaling issues continue to plague the network, a conversation between former Bitcoin developer Gavin Andresen and the network’s

The post A ‘Tremendous Variety of Possible Transaction Types’ — A Look at the Conversation Between Nakamoto and Andresen appeared first on BTC Ethereum Crypto Currency Blog.

Apr 10, 2023 05:50

Ordinal Inscriptions Surpass 1 Million Mark, Miners Collect $4.7M in Fees as Bitcoin NFT Trend Continues

On April 8, 2023, the number of Ordinal inscriptions surpassed the million mark as the non-fungible token (NFT) trend has seemingly become a mainstay. Presently, on Sunday, April 9, the total number of Ordinal inscriptions is 1,049,263, and so far, 169.85 bitcoins worth $4.7 million have been collected in fees. Ordinal Inscriptions Reach 1 Million [...]

The post Ordinal Inscriptions Surpass 1 Million Mark, Miners Collect $4.7M in Fees as Bitcoin NFT Trend Continues appeared first on Crypto Breaking News.

Jul 05, 2023 05:50

New BRC69 Token Standard Promises 90% Savings for Bitcoin’s Ordinal Inscriptions

While Ordinal inscriptions continue to rise, nearing the 15 million range, a new token standard was revealed on July 3 called BRC69. According to the creators of the concept, it can reduce the costs of inscriptions for Ordinal collections by over 90%. The launchpad Luminex, which announced the BRC69 token standard, insists that the “brilliance [...]

The post New BRC69 Token Standard Promises 90% Savings for Bitcoin’s Ordinal Inscriptions appeared first on Crypto Breaking News.

Jul 01, 2023 10:30

Bitcoin’s Sats Names Ecosystem Flourishes: 370,000 SNS Names Inscribed

On June 26, 2023, the number of Bitcoin-based Ordinal inscriptions surpassed 14 million, just six days after exceeding 13 million. Inscription activity has continued to rise since then. In addition to text, non-fungible tokens (NFTs), and fungible BRC20 tokens, Ordinal inscription technology has ushered in a new naming standard called Sats Names, built on top [...]

The post Bitcoin’s Sats Names Ecosystem Flourishes: 370,000 SNS Names Inscribed appeared first on Crypto Breaking News.

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