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.

نيٽ ورڪ جي ٽرانزيڪشن 10 ملين تائين وڌي وئي ڪجهه ڏينهن بعد آرڊينلز جي خالق، روڊرمور، منصوبي مان قدم کڻڻ جو اعلان ڪيو. 

10 ملين کان وڌيڪ لکت تائين پهچڻ مان معلوم ٿئي ٿو ته پروٽوڪول تي ڪيترائي ٽرانزيڪشن ٿي چڪا آهن. کيسي روڊمور ٽوئيٽ ڪيو ته هن آرڊينلز جي اڳواڻي سنڀاليندڙ جي حيثيت سان استعيفيٰ ڏئي ڇڏي آهي. 

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.

Ordinals پروٽوڪول ۽ ان جي تيز رفتار ترقي

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).

بهرحال، آرڊينل لکت جي تعداد ۾ تيزيءَ سان واڌ تڏهن ٿي جڏهن BRC-20 ٽوڪن جو معيار مارچ جي شروعات ۾ متعارف ڪرايو ويو.

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

انگن اکرن موجب 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.

انهن جو بحث آهي ته هي طريقو "غير موثر ۽ فضول" آهي، خاص طور تي بلاڪ جي جڳهه ۽ ٽرانزيڪشن فيس جي حوالي سان.

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.

ٻي پاسي، حمايت ڪندڙ of the initiative have praised Ordinals for its ability to attract new users to the broader Bitcoin ecosystem. 

Notably, even prominent anti-Bitcoin وڪيل پطرس شائف recently minted a small number of NFTs on Bitcoin using the Ordinals protocol.

جڏهن ته Ordinals سان لاڳاپيل سرگرمي ۾ اضافو BTC ٽرانزيڪشن فيس ۾ اضافو ٿيو آهي، مننرز هن اوچائي نيٽ ورڪ مصروفيت مان تمام گهڻو فائدو ورتو آهي. 

انگن اکرن موجب دڙو تجزيو, miners وصول ڪيا آهن $44 ملين کان وڌيڪ فيس ۾ لاڳاپيل ٽرانزيڪشن Ordinals.

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