Bitcoin Ordinals Achieve Milestone With Over 10M Inscriptions As Creator Rodarmor Departs

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Bitcoin Ordinals Achieve Milestone With Over 10M Inscriptions As Creator Rodarmor Departs

A prominent non-fungible token (NFT) protocol based on the Bitcoin blockchain, “Ordinals,” surpassed an impressive benchmark in a significant turn of events.

I piki te tauwhitinga a te whatunga ki te 10 miriona i etahi ra i muri mai i te korero a te Kaihanga Ordinals, a Rodarmor, kua heke mai i te kaupapa. 

Ko te eke ki runga i te 10 miriona nga tuhituhinga e tohu ana he maha nga tauwhitinga kua puta i runga i te kawa. Ko Casey Rodarmor tweeted kua heke iho ia hei kaiwhakahaere matua o Ordinals. 

He claimed that he was not giving Ordinal full attention and handed over the role to a programmer, Raphjaph. He further emphasized that donations from the community will fund the coder’s work on the project.

Kawa Ordinals Me Tona Tupu Tere

Bitcoin Ordinals is a protocol that supports the transcription of a unique identifier to individual satoshis (SATs) to enable easy tracking during transactions.

After the launch of Ordinals in January, the protocol quickly gained popularity as a means to create new assets on the Bitcoin blockchain. Initially, Ordinals served to “inscribe” data on individual satoshis (the smallest divisible unit of BTC).

Engari, ko te tipu tere o te maha o nga tuhituhinga Ordinals i puta i te wa i whakauruhia te paerewa tohu tohu BRC-20 i te timatanga o Maehe.

This new token standard, established by the pseudonymous “Domo,” enabled users to mint new tokens on the Bitcoin blockchain. 

E ai ki nga raraunga mai i BRC-20.io, in the first week, the number of Bitcoin-based tokens jumped from a hundred to 25,000 at the time of writing.

The introduction of the BRC-20 token standard has expanded Bitcoin’s functionality. This increased utility has boosted the adoption and use of the Bitcoin blockchain for tokenization and asset creation.

Controversy Surrounding Bitcoin Ordinals – Efficiency And Speed Concern

The growth of Ordinals has not been without its share of controversy, as critics among the Bitcoin community have raised concerns about its method of “inscribing” assets on the network.

E kii ana ratou ko tenei huarahi "kare e whai hua me te moumou," otira mo te waahi poraka me nga utu tauwhitinga.

In response, alternative developers have been exploring using smart contracts to mint assets and non-fungible tokens (NFTs) on the Bitcoin blockchain. They aim to address the efficiency issues associated with Ordinals by leveraging smart contracts.

Engari, nga kaitautoko of the initiative have praised Ordinals for its ability to attract new users to the broader Bitcoin rauwiringa kaiao. 

Notably, even prominent anti-Bitcoin kaitohutohu Pita Schiff recently minted a small number of NFTs on Bitcoin using the Ordinals protocol.

Ahakoa ko te pikinga o nga mahi e pa ana ki nga Ordinals kua piki ake nga utu tauwhitinga BTC, kua tino whai hua nga kaikeri mai i tenei hononga whatunga teitei. 

E ai ki nga raraunga mai i Rangahau Tuuturu, kua riro i nga kaikeri neke atu i te $44 miriona nga utu e pa ana ki nga whakawhitinga Ordinals.

He whakaahua mai i Pixabay me te tūtohi mai i TradingView

Kuputuhi taketake: NewsBTC