Yes, you read that right.
Bitcoin Ordinals is a protocol that provides users the ability to inscribe Satoshi’s with images and videos without the need for another token or a sidechain to complete this task. And someone decided to pin a picture of a literal a**hole on one.
Now you might be asking, what the heck is a Satoshi?!
Satoshi(s), or “sat(s)” for short, are the smallest unit of BTC.
0.00000001 or one hundred millionth, to be exact. Similarly, ETH’s smallest unit is called a wei.
And the reason for defining this very small denomination is to allow for micro-transactions, expanding the use case for Bitcoin and cryptocurrency at large.
Coming back to the story, Ordinals protocol provides a way to pin information or media, slap a serial number on it and track these sats that would go unnoticed anyways.
Some of those from the Bitcoin community spoke out against this waste of energy and blockspace.
Then someone decided to prank us with a goatse, which was featured on inscription 668 and was live on the Ordinals’ front page for about half an hour before the image was removed. It still exists on the blockchain, but is not viewable on the Ordinals website any longer.
Although the argument that it’s a waste of energy is true and no one likes to be pranked with a goatse, I just can’t wait to see what the next crazy inscription will be!
Written by: nikethereum.eth / Medium / Mirror