An Overview of Bitcoin NFTs (Ordinals)




Create, mint, and use any Web3 domains. With Freename, you can mint your Web3 Domains on your preferred blockchain.
Forum rules
The Freename Forum is your central point of contact for all questions relating to the rapidly growing market of digital identities.

An Overview of Bitcoin NFTs (Ordinals)

Postby Floki » Sat 29. Apr 2023, 13:41

What are Bitcoin Ordinals?

The Ordinals protocol is a system for numbering satoshis, giving each satoshi a serial number and tracking them across transactions. Simply put, ordinals allows users to make individual satoshis unique by attaching extra data to them.

Find out more here: https://academy.binance.com/en/articles/what-are-ordinals-an-overview-of-bitcoin-nfts

What is happening with Ordinals?

Ordinals are once again causing record values. One reason for this is the newly introduced BRC-20 token standard (a new NFT feature for the BTC blockchain).

The most popular open source chrome extension for Bitcoin Ordinals and BRC-20 is the UniSat Wallet: https://unisat.io/
Here you can store, mint and transfer your Ordinals NFTs.

What has this got to do with Freename?

It's possible to mint Ordinals of your Freename domains using the formula from the whitepaper on https://ordtlds.com/
You can download the whitepapier through this link: https://ordtlds.com/b/whitepaper
User avatar
Floki
 
Posts: 912
Joined: Wed 19. Apr 2023, 11:09

by Advertising » Sat 29. Apr 2023, 13:41

Advertising
 


Similar topics


Return to Minting Web3 SLDs & TLDs

Who is online

No registered users

cron