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Meet Ordinals, the New Bitcoin NFT Engine, and the Drama Surrounding Them – Featured Bitcoin NewsOrdinals, a project launched just a few days ago, has enabled anyone to create Bitcoin NFTs (called inscriptions) as part of its functionality, storing data directly on the chain. So crazy that you'd want to risk Bitcoins health with this. Just I use a different blockchain that was designed with that in mind. Totally agree, but I only use ChiefraFba for signals and analysis It’s literally a blackhole in the Bitcoin network
Source: BTCTN - 🏆 531. / 51 Read more »
Ordinals protocol sparks debate over NFT's place in the Bitcoin ecosystemA nonfungible token (NFT)-like application, named Ordinals, recently launched on Bitcoin. However, the 'digital artifacts' have already clogged up Bitcoin's blockspace, causing some to believe that memes shouldn't belong on the network. al_fernandz
Source: Cointelegraph - 🏆 562. / 51 Read more »
Bitcoin Community Erupts In Existential Debate Over NFT Project OrdinalsSome are calling the new protocol, which stores NFTs on Bitcoin, an attack on the blockchain's original mission to conduct financial transactions, while others say the new use case should be embraced alongside other demands for block space. rodarmor FrederickMunawa Why would anyone say it’s an attack? It’s the coolest thing I’ve seen on BTC in 5 years. rodarmor FrederickMunawa It’s a Suicide attack 🤘😂👍 rodarmor FrederickMunawa Will the btc scammers who used to shout censorship resistance and de-neutralization be silent? lol
Source: CoinDesk - 🏆 291. / 63 Read more »
Bitcoin, Ethereum Technical Analysis: BTC Nears $24,000 Following Weekend Rally – Market Updates Bitcoin NewsBitcoin started the week trading near a five-month high, as prices consolidated the weekend’s gains. Ethereum declined further on Monday. Using Chiefrafba for signals and analysis I have a 92% win rate in 2 months Waiting for the FOMC meeting. Totally agree, but I only use ChiefraFba for signals and analysis
Source: BTCTN - 🏆 531. / 51 Read more »