Ordinals protocol

The staggering amount of BRC-20 tokens minted via the Ordinals protocol, which clogged the Bitcoin network and sent transaction fees sky-high, has sparked a debate among developers of the blockchain over how to tame the on-chain frenzy. "The Hash" panel discusses the potential implications for the future of Bitcoin's ecosystem.

12 mag 2023

Fees on the Bitcoin blockchain have surged to two-year highs as the ‘Bitcoin Request for Comment’ (BRC-20) tokens and the rising popularity of the Ordinals protocol drives demand for block space. "The Hash" panel discusses what this means for the Bitcoin community. 

8 mag 2023

NFTs, or non-fungible tokens, are widely known as Ethereum-based tokens. But now, there’s a new way to create NFTs on the Bitcoin mainnet. Metagood CEO Danny Yang, who inscribed one of the first collections of 10,000 NFTs on Bitcoin, explains how Ordinal NFTs work and what’s next for this innovation.

6 apr 2023

Opinioni

La comunità Bitcoin deve abbandonare il suo atteggiamento anti-innovazione per sfruttare appieno il potenziale della prima criptovaluta, altrimenti rischia di perdere talenti e capitali a favore di catene favorevoli agli sviluppatori come Ethereum.

Di Alex Adelman31 mar 2023

The soaring popularity of the Ordinals protocol, which allows for the creation of Bitcoin NFTs, is creating a substantial surge of activity on the Bitcoin network, accompanied by its own brand of controversy. Ordinals Protocol creator Casey Rodarmor joins "All About Bitcoin" to discuss.

7 mar 2023

Bored Ape Yacht Club's parent company Yuga Labs generated $16.5 million from its auction of 288 NFTs in its TwelveFold collection based on the Ordinals protocol. Yuga Labs co-founder Greg Solano discusses the company's interests in Bitcoin NFTs and the controversy around the Ordinals protocol. Plus, insights on competition in the NFT marketplace and outlook on Bored Ape Yacht Club.

7 mar 2023

Bored Ape Yacht Club parent Yuga Labs said the company is planning to release an NFT collection minted on the Bitcoin-based Ordinals protocol, which has steadily grown in popularity since its launch last month. Trust Machines CEO and Stacks co-founder Muneeb Ali weighs in on Yuga Labs' plans and the hype around Bitcoin "Ordinals."

28 feb 2023

Prominent crypto investment funds are turning to tokens of the Stacks Network as they bet on the growth of Bitcoin. Demand for Stack’s STX tokens has increased since the arrival of the Ordinals protocol, which went live on Jan. 21 and allows users to inscribe references to digital art into small transactions on the Bitcoin blockchain. "The Hash" panel discusses what this means for the future of Bitcoin and the state of DeFi.

27 feb 2023

Twetch has already built a suite of NFT apps on the Bitcoin SV blockchain. So the new push by Ordinals to bring NFTs to the Bitcoin blockchain looks like an opportunity for expansion. CoinDesk Editor at Large Christie Harkin joins "All About Bitcoin" to discuss.

10 feb 2023

Independent developer Udi Wertheimer claims he minted a giant image of what appears to be a bald, bearded wizard donning sunglasses and promoting “magic internet JPEGs” on the Bitcoin blockchain via the Ordinals protocol. The block that minted the non-fungible token (NFT) was mined by bitcoin mining firm Luxor Technologies, which said it was “the largest Bitcoin block” ever mined. Luxor Technologies CEO Nick Hansen joins the conversation. Plus, insights into the bitcoin mining services firm starting the industry's first unified marketplace for new mining machines so buyers and sellers can directly connect through a request-for-quote system.

7 feb 2023