π What is it?
Ordinals are unique digital assets (similar to NFTs) inscribed directly onto the Bitcoin blockchain. They allow images, videos, and other data to be stored permanently on BTC.
π₯ Why is it trending?
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Expands Bitcoinβs functionality beyond payments
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High demand from collectors and investors
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Growing infrastructure (new marketplaces, wallets)
π Top Ordinals Projects:
β’ Bitcoin Punks β the first CryptoPunks-style NFTs on BTC
β’ Taproot Wizards β iconic digital art on Ordinals
β’ Runes Protocol β a new token system on Bitcoin
β οΈ Risks:
β Higher BTC network fees due to Ordinals
β Skepticism from Bitcoin purists (some call them βblockchain spamβ)
β Limited functionality compared to Ethereum NFTs
π Future Outlook:
Ordinals continue to gain traction, and their ecosystem is expanding. If the trend holds, Bitcoin could evolve beyond just a store of value into a hub for digital assets.
