ORDI Token: The Inscription on Bitcoin’s Satoshis

A game-changing protocol has emerged, poised to reshape our perception and interaction with Bitcoin. Meet Ordinals, a protocol that uses the Bitcoin network’s native currency, the satoshi, to create a decentralized, immutable marketplace for digital assets.

Ordinals’ fundamental premise is the concept of inscription, which is the act of infusing content into satoshis using the Ordinals protocol. Ordinals, unlike other approaches, does not require separate tokens, side chains, or changes to the Bitcoin network. Instead, it cleverly uses the existing structure to inscribe data such as text, images, audio, and video onto each satoshi.

Satoshis, not bitcoins, become the focal point as Ordinals assigns them individual identities, making them traceable, transferable, and imbued with significant meaning. This novel approach converts satoshis into Bitcoin-native digital artifacts, resulting in a realm where each satoshi contains unique and valuable content.

The Ordinal theory reveals satoshis’ numismatic value, allowing them to be collected and traded as curios. The inscriptions are as long-lasting, immutable, secure, and decentralized as Bitcoin itself, representing an important step forward in the evolution of the blockchain ecosystem.

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RSBarrosPhD ⚡️Crypto & Blockchain

PhD/ MSc/Eng. | #Cryptocurrencies & #Blockchain Writer | 💭 New articles every Friday and some extra days 📖 | 💭Not financial advice