What are Bitcoin NFT & Bitcoin ordinals?

Did you know you can create NFTs on Bitcoin, the OG blockchain?

Bitcoin ordinals are a new and innovative way to create NFTs.Instead of just attaching a token to your artwork, you can use the power of the Bitcoin blockchain to add a layer of uniqueness and scarcity.

But what exactly are Bitcoin ordinals?
Essentially, they are a way of numbering and organizing transactions on the Bitcoin blockchain. Each transaction has a unique ordinal, which represents its place in the blockchain.

By taking that ordinal and hashing it together with some additional data (such as an image or other metadata), you can create an NFT that is linked to that specific transaction.

This means that the NFT is provably scarce and extremely secure because it’s backed by the same cryptography and decentralized network that makes Bitcoin so secure.

Plus, using Bitcoin ordinals also allows you to create limited edition NFTs with specific ordinal numbers. For example, you could create an NFT with the ordinal number 100,000, which represents a significant milestone in the Bitcoin blockchain’s history.

However, it’s worth noting that not all Bitcoin wallets and explorers use ordinals, and some may use different methods for representing transactions. Additionally, ordinals can sometimes be ambiguous, especially for transactions that occur simultaneously in multiple blocks.

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