Ordinals protocol


Opinion

Bitcoin Ordinals Can Lift the Entire Crypto Ecosystem

The arrival of the Ordinals Protocol, which allows for the creation of Bitcoin NFTs, has coincided with a big jump in the price of Bitcoin. Add that to the SEC's exemption of Bitcoin from the label of security, and we see a bullish bitcoin picture emerging.

(Rachel Sun/CoinDesk)

Tech

Bitcoin NFTs Challenge the Blockchain’s Largest Use Case: Money

The Bitcoin community has been abuzz with conversations around how Ordinal Inscriptions could signal a technical improvement to NFTs. But the increased fees and transaction speeds associated with them could stifle Bitcoin’s primary use case as a medium of exchange.

(Lauren Bates/GettyImages)

Videos

Bitcoin’s NFT Hype Attracts Interest of BSV Developer Twetch

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.

Recent Videos

Web3

Bitcoin Punks: Ordinal NFT Collection Soars in Value

Late Wednesday, one Ordinal Punk NFT minted on the Bitcoin-native Ordinals Protocol sold for 9.5 BTC, roughly $214,000.

(Ordinals.com)

Markets

Bitcoin Network Activity Spikes to Two-Year High Thanks to NFTs, CryptoQuant Says

Transactions are coming from the popularity of the recently deployed Ordinals protocol, which allows for NFT-like tokens to be stored on-chain.

Los NFT lideran la actividad en la blockchain de Bitcoin. (Ordinals Protocol)

Tech

Bitcoin NFTs Explode in Popularity as BitMEX Research Shows 13,000 Ordinals

Interest has skyrocketed following the first Ordinals transaction on Dec. 14.

Ordinals is exploding on Bitcoin (DALL-E/CoinDesk)

Tech

Bitcoin’s Newfound NFT Hype Attracts Interest of BSV Developer Twetch

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.

Ordinals Inscriptions (ordinals.com)

Videos

We're Experimenting With What Is Possible for Bitcoin: Luxor Technologies CEO

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.

Recent Videos

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