#ordinals-protocol

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Coindesk
3 weeks ago
Cryptocurrency

Bitcoin Mining Pool ViaBTC Sells 'Epic' First Post-Halving Sat for $2.13M

The mining pool ViaBTC sold the first post-halving block's satoshi for $2.13 million, using the Ordinals protocol to identify and trade individual satoshis. [ more ]
Coindesk
1 month ago
Cryptocurrency

Bitcoin Halving Has Crypto Miners Racing for 'Epic Sat' Potentially Worth Millions

This Bitcoin rewards halving allows for assigning value to individual satoshis, now tradeable as NFTs via Ordinals protocol. [ more ]
Coindesk
1 month ago
Cryptocurrency

Ordinals Defy Bitcoin's Design Principles but Offer Miners Huge Post-Halving Advantages

Bitcoin network seeing influx of major developments with BRC-20 enabling BTCFi - DeFi.
Ordinals inscriptions contributing over $438 million in fees to secure the Bitcoin network. [ more ]
Bitcoin Magazine - Bitcoin News, Articles and Expert Insights
2 months ago
Cryptocurrency

Bitcoin Magazine Editorial Policy On Bitcoin Layer 2s (L2s)

Bitcoin is absorbing demand from other blockchains.
Bitcoin Magazine clarifies position on L2 coverage criteria. [ more ]
Bitcoin Magazine - Bitcoin News, Articles and Expert Insights
3 months ago
Cryptocurrency

EIA Mining Survey Looms Large Over Bitcoin Mining Industry

Bitcoin miners have been operating under abnormal circumstances due to increased demand on the blockchain.
The Ordinals protocol enables the creation of new tokens directly on Bitcoin's blockchain. [ more ]
Coindesk
3 months ago
Cryptocurrency

Taproot Wizards Debut Sale of Bitcoin NFTs 'Quantum Cats' Marred by Tech Issues

Technical issues marred the sale of a debut collection of "Quantum Cats" Bitcoin inscriptions by Ordinals project Taproot Wizards.
The sale had to be postponed due to server issues and high demand, with only 30% of the collection being sold. [ more ]
Coindesk
4 months ago
Cryptocurrency

Bitcoin Could See Growth in Layer-2 Ecosystem, Drawing on Ethereum's Experience: Report

Bitcoin could see growth of auxiliary layer-2 networks to address its limitations.
The emergence of the Ordinals protocol brought a renaissance of Bitcoin builder culture. [ more ]
Coindesk
5 months ago
France news

L'hysterie "Bitcoin NFT " arrive chez Sotheby's alors que le personnage de champignon de style Super-Mario depasse 200 000 $

The first-ever sale of 'inscriptions' created using the Ordinals protocol of the Bitcoin blockchain has fetched approximately $450,000 at Sotheby's auction, revealing potential public enthusiasm for tradable digital images, commonly referred to as 'NFTs on Bitcoin'.
The auction included three pixelated images, with one selling for over $100,000 and a Super Mario-themed drawing selling for over $240,000. More than two-thirds of bidders were new to Sotheby's, indicating growing interest in NFTs. [ more ]
Bitcoin Magazine - Bitcoin News, Articles and Expert Insights
5 months ago
Cryptocurrency

The Rise Of Ordinals And NFTs On The Medium Of Bitcoin

The Ordinals protocol was introduced to Bitcoin in early 2023, driving significant demand for Bitcoin transactions.
Ordinals is a protocol built on top of Bitcoin that allows for the secure transacting of fungible and non-fungible tokens. [ more ]
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