2023-5-24 07:01 |
Ordinals bring a new type of utility to the Bitcoin network that has resonated with users. However, Ordinals have courted controversy after they led to an increase in transaction costs and network congestion. origin »
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The Bitcoin (BTC) network is witnessing a paradigm shift as ordinals, an advanced breed of non-fungible tokens (NFTs), rapidly gain traction within the crypto sphere. April 2023 saw the daily ordinals inscriptions record smashed several times, illustrating the escalating curiosity…
2023-5-13 23:42 | |
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The introduction of NFTs and BRC-20 tokens on the Bitcoin network through the Ordinals Protocol has sparked debate over its effects on transaction fees and chain bloat. Despite these concerns, Glassnode data analyzed by CryptoSlate reveals unexpected benefits for Bitcoin miners.
2023-5-10 21:43 | |
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Bitcoin Core developer Luke Dashjr has voiced his discontent with the current state of the Bitcoin blockchain, which has been clogged up by the growing popularity of memecoins and ordinals.
2023-5-10 15:20 | |
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2023-5-10 20:51 | |
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The BRC-20 token frenzy has seen the number of Ordinals inscriptions on the Bitcoin network soar 92% in just eight days.
2023-5-10 08:55 | |
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Explore the transformative impact of Bitcoin NFTs, understand how the Ordinals protocol has driven up transaction fees, and discover what this means for the future of Bitcoin. The post The Impact of Ordinals Protocol on Bitcoin’s Network & Transaction Fees appeared first on NFT News Today.
2023-5-9 03:43 | |
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The crypto market cap was down 3. 2% in the past 24 hours to $1. 2 trillion as Binance halted BTC withdrawals. The exchange’s action followed massive network congestion for Bitcoin amid increase in fees as tokens with inscriptions and ordinals pumped.
2023-5-8 13:19 | |
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PLUS: Bitcoin maximalists find Ordinals annoying. But they are a good thing for the network in the long run.
2023-5-8 03:23 | |
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The industry has always been aware that a time would come when an increase in fees would make Bitcoin transactions hugely impractical. While many assumed the growing cost of transactions would happen with mass adoption, it was the rise of the Ordinals that caused a drastic increase in fees.
2023-5-7 16:00 | |
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Over $8 million in fees have been paid to the network by inscription creators since their inception.
2023-5-3 12:38 | |
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There are over 225,000 unconfirmed transactions in the Bitcoin memory pool (mempool), pointing to increasing demand for the network
2023-5-2 13:32 | |
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Bitcoin (BTC) Ordinals, popularly referred to as Bitcoin non-fungible tokens (NFTs), are steering a new pathway for the growth of the Bitcoin network despite the harsh criticism from a section of the community in its development phase.
2023-5-1 22:03 | |
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Bitcoin has consolidated above $29,000, coinciding with increased Ordinals Inscriptions on the blockchain network. The post Bitcoin Daily Transactions Reach New All-Time High, Thanks to Ordinals appeared first on BeInCrypto.
2023-5-1 16:57 | |
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Coinspeaker Magic Eden Unveils New Bitcoin NFT Ordinals Launchpad for Creators The launchpad will allow Magic Eden to seamlessly onboard creators to the ecosystem and thus easily facilitate the creation of tokens on the Bitcoin network.
2023-4-9 14:35 | |
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Here’s a look back on the highly technical conference in London, where ordinals, silent payments and the Lightning Network were studied and discussed.
2023-3-7 16:39 | |
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Yuga Labs, the company behind the Bored Ape Yacht Club, is exploring the idea of an already inscribed NFT collection fully hosted on the Bitcoin network and in the Ordinals protocol registry by Fold12.
2023-3-3 21:51 | |
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The largest NFT creation firm will host their first Bitcoin Ordinals project, just as the network passes 200,000 inscriptions.
2023-3-1 19:53 | |
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Yuga Labs, the company behind the Bored Ape Yacht Club (BAYC) collection, will mint Ordinals inscriptions, similar to non-fungible tokens (NFTs), on the Bitcoin network. Yuga Labs To Mint TwelveFold NFTs On Bitcoin In an announcement on February 27, Yuga Labs said they will mint 300 limited edition generative pieces and inscribe them on Bitcoin’s satoshis.
2023-2-28 13:08 | |
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Курс токена Stacks Network (STX) вырос на 169% за месяц, прошедший с запуска 21 января протокола Ordinals, позволяющего работать с NFT в сети биткоина. Стоимость криптовалюты за 30 дней поднялась с $0,27 до $0,72.
2023-2-22 15:51 | |
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A copy of the whitepaper of Litecoin’s mimblewimble upgrade was put on the Litecoin blockchain.
2023-2-22 11:40 | |
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A GitHub user by the name of ynohtna92 has forked the Bitcoin Ordinals protocol to support Litecoin. The post Someone forked Bitcoin ordinals NFTs onto Litecoin network appeared first on CryptoSlate.
2023-2-21 19:44 | |
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Stack Network is a Bitcoin layer 2 for smart contracts aimed at unleashing the world's oldest blockchain's potential as a programmable platform.
2023-2-21 14:53 | |
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Ethereum seeing surge in network activity following recovery of DeFi industry and even rise of Ordinals
2023-2-19 13:18 | |
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The increasing popularity of Bitcoin NFTs, or Ordinals, will positively impact the Bitcoin network’s security and attract developers to the ecosystem, according to Ordinals proponent Udi Wertheimer.
2023-2-19 20:00 | |
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Since the launch of Bitcoin NFTs, Ordinals, a new record of 44 million non-zero Bitcoin addresses has been set, according to the analytics platform Glassnode. After launching on January 21, it’s the first time the Bitcoin network has been used for non-monetary purposes.
2023-2-15 00:37 | |
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Bitcoin Ordinals NFTs have pushed transaction fees on the network to the highest levels since November 2022, shows on-chain data from IntoTheBlock. The post Bitcoin Transaction Fees Hit Highest Level Since November 2022 Amid Ordinals NFTs Craze appeared first on BeInCrypto.
2023-2-12 01:48 | |
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The rise of Bitcoin NFT Ordinals is one of the fascinating developments on the leading blockchain in 2023. This has correlated with an increase in the adoption of Taproot to process transactions. Driving Taproot Adoption On The Bitcoin Network Data from Dune Analytics shows that Taproot adoption has gone from being used in less than 2% of all Bitcoin transactions to reaching a peak of 9.
2023-2-12 12:51 | |
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Bitcoin-native NFTs recorded a 25% growth in network fees. Bitcoin mining revenue rose sharply, powered by an increase in transactions. The new Ordinals NFT platform on Bitcoin [BTC] recorThe post Decoding Ordinals NFT project on Bitcoin- Can it compete with ETH NFTs? appeared first on AMBCrypto.
2023-2-11 23:30 | |
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On-chain data shows that Bitcoin network activity is now at its highest level since May 2021 as Ordinals NFTs have been rapidly gaining popularity. CryptoQuant’s Bitcoin Network Activity Index Has Shot Up Recently As per data from the on-chain analytics firm CryptoQuant, the BTC network has seen a significant uptick in activity. The relevant indicator […]
2023-2-10 17:30 | |
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"Byte-perfect uploads" of the 10,000 CryptoPunk non-fungible tokens (NFTs) are on the Bitcoin network now. Will Bored Apes follow suit? The post After CryptoPunk NFT Copies Are Minted as Bitcoin Ordinals, Will Bored Apes Follow Suit? appeared first on BeInCrypto.
2023-2-9 15:30 | |
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Transactions are coming from the popularity of the recently deployed Ordinals protocol, which allows for NFT-like tokens to be stored on-chain.
2023-2-10 13:51 | |
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Transactions are coming from the popularity of the recently-deployed protocol Ordinals, which allows for NFT-like tokens to be stored on-chain.
2023-2-9 13:51 | |
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A Taproot Wizard jpeg was mined into the Bitcoin blockchain on February 1, sparking debate on the appropriate use of network resources, particularly inefficiencies due to increased block size. The post Data on Taproot Ordinals points to higher Bitcoin fees, chain bloat appeared first on CryptoSlate.
2023-2-7 23:34 | |
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An objective look at the technical concerns behind Ordinals and the implications on the Bitcoin network.
2023-2-7 20:00 | |
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Users are posting massive files to the Bitcoin network via the Ordinals protocol, taking up block space and paying high fees to do so.
2023-2-3 08:30 | |
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Gennaro D'Urso is the founder of Pharma Collective and Israel Mersky is the Director at Pharma Collective. Gennaro has a background in science and entrepreneurship, while Israel comes from the advertising industry and has experience in the pharmaceutical psychedelic space.
Jasper De Gooyer is the co-founder and CTO at SEDA, a multichain, permissionless protocol connecting real-world data to any network on-chain.
Bitget, top global cryptocurrency exchange and Web3 company, is responding to trader demand and is to list SKALE (SKL). The SKALE Network is designed to enhance the scalability and efficiency of Ethereum-compatible applications.
VALR, Africa's largest cryptocurrency exchange by trading volume, has launched perpetual futures trading, featuring the world's first Bitcoin and USDT perpetual futures paired against the South African Rand.
Controversial crypto exchange Binance has appointed Richard Teng as its new CEO. The appointment follows the resignation of former CEO Changpeng “CZ” Zhao who pleaded guilty to charges levied against him by the U.S. Department of Justice.
Binance founder Changpeng “CZ” Zhao will reportedly step down as CEO of the world's largest cryptocurrency exchange as part of a $4.3 billion settlement with the United States Department of Justice (DOJ).
Since its 2009 inception, Bitcoin has heralded a shift from traditional to decentralized finance (DeFi), signaling the future of financial markets. Today, the crypto landscape extends beyond Bitcoin, with multiple projects contributing to a dynamic ecosystem of financial innovation.