Users are posting massive files to the Bitcoin network via the Ordinals protocol, taking up block space and paying high fees to do so.
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Category: Ordinals
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Bitcoin Records Largest Mined Block to Date, 4 MB Block Containing NFT Causes Unease Among Small-Block Supporters
Amid the controversy surrounding the Ordinals project and the debate over what types of data should be stored on the Bitcoin blockchain, the network mined its largest block, nearly 4 MB in size, containing just 63 transactions. One of the transactions was a 3.94 MB Ordinal inscription featuring an image of a wizard, and the […]Powered by WPeMatico
Bitcoin Ordinals creators look for fix after first instance of shock porn
A rather unsavory image made it to the front page of the Ordinals website for 30 minutes before it was hidden, however, the image itself is immutable.
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Meet Ordinals, the New Bitcoin NFT Engine, and the Drama Surrounding Them
Ordinals, a new way of using and getting content using Bitcoin, are enabling creators to harness the utility of NFTs (non-fungible tokens) directly from the blockchain, essentially creating native Bitcoin NFTs. This has stirred the pot in some circles, which are now discussing if this is the way in which Bitcoin’s blockchain should be used, […]Powered by WPeMatico
Ordinals protocol sparks debate over NFT’s place in the Bitcoin ecosystem
The community has been divided as to whether the NFT-like “digital artifacts” are the right fit for the Bitcoin ecosystem.
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