Ordinals

Ordinals

Web3

The Ordinals Team is Creating a Non-Profit to Support Bitcoin NFT Developers

The team behind the Ordinals protocol, led by Casey Rodarmor, has created the Open Ordinals Institute to grow its ecosystem without compromising neutrality.

Los NFT lideran la actividad en la blockchain de Bitcoin. (Ordinals Protocol)

Markets

Bitcoin NFTs Back in Spotlight as Ordinals Cross 350K Daily Inscriptions

Bitcoin Ordinals, a method of generating non-fungible tokens (NFTs) through a process called inscribing, debuted in January, bringing the NFT and smart contract narrative to the Bitcoin blockchain.

Ordinals inscriptions: new count (Glassnode)

Web3

Influencer Formerly Associated with Azuki Postpones NFT Drop After Plagiarism Accusations

Pseudonymous NFT researcher and artist Elena admitted to tracing other pixel art to pad out her upcoming collection Atomic Ordinals.

Atomic Ordinals (Magic Eden)

Markets

Litecoin Starts June Strong as Investors Eye August Halving, Uptick in Activity

LTC has outperformed both bitcoin and ether over the last 30 days.

CD

Web3

BRC-721E Token Standard Converts Ethereum NFTs to Bitcoin NFTs

The new token standard allows traders to burn their ERC-721 NFTs and transfer them to inscriptions on the Bitcoin network.

Los NFT lideran la actividad en la blockchain de Bitcoin. (Ordinals Protocol)

Finance

Bitcoin's Hot Ordinals Economy is Getting a Dollar-Backed Stablecoin

Bitcoin’s quickly maturing ordinals scene has come a long way since January.

Stably USD (Stably)

Web3

In NFT Sales, Bitcoin Jumps to No. 2 Spot in a Matter of Months

According to data platform CryptoSlam, NFTs on Bitcoin have grossed about $167 million in the past thirty days, creeping up on Ethereum’s number one position.

Los NFT lideran la actividad en la blockchain de Bitcoin. (Ordinals Protocol)

Consensus Magazine

The Blocksize Wars Revisited: How Bitcoin’s Civil War Still Resonates Today

Today’s debates over non-monetary uses of Bitcoin like ordinals and BRC-20 tokens echo the battle between Big and Small Blockers between 2015 and 2017. This article, by Daniel Kuhn, is part of our “CoinDesk Turns 10” series.

(Sahand Babali/Unsplash, modified by CoinDesk)

Learn

BRC-20 Explained: How Tokens on Bitcoin Work and Why They Are Controversial

The idea of putting tokens on the Bitcoin blockchain isn’t anything new, but previous efforts haven’t exploded in popularity like BRC-20.

(Getty Images)

Tech

Frogs, Fevers and Fees: Bitcoin’s New Governance Challenge

The creation of Bitcoin-based meme coins using the new BRC-20 standard has driven up Bitcoin fees as they use more data than a basic Bitcoin transaction. But while some developers in the Bitcoin community are proposing a filter to block Bitcoin NFT projects, such censorship could run counter to Bitcoin's open-source characteristics, CoinDesk's chief content officer Michael Casey argues.

(CSA Images/GettyImages)