Bitcoin: Assessing the full impact of Ordinal Inscriptions

News	2023-6-22 21:30

Inscriptions have contributed 22% of the total miner revenue since its inception. Inscriptions and inscription fees have, however, been reduced in recent weeks. Bitcoin Ordinals has caused aThe post Bitcoin: Assessing the full impact of Ordinal Inscriptions appeared first on AMBCrypto.

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Источник: ambcrypto.com

inscriptions bitcoin → Результатов: 83

Bitcoin miner revenue stabilizes as Inscriptions demand wanes

Since the beginning of 2023, a new form of non-fungible tokens (NFTs), known as Bitcoin Ordinals Inscriptions, has ignited widespread interest in the crypto space. The popularity of Inscriptions can be attributed to their novelty and the unique value proposition they offer.

2023-7-18 21:00	ordinals
inscriptions bitcoin attributed space crypto popularity novelty

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Bitcoin Ordinals Releases Upgrade to Address ‘Cursed Inscriptions’ Problem

The Bitcoin Ordinals protocol developers have introduced a new upgrade to rectify over 71,000 invalid inscriptions previously untradeable. These inscriptions often result from incorrect usage and were rendered useless and untradeable until now.

2023-6-6 23:00	Crypto
inscriptions bitcoin ordinals untradeable upgrade result these

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Bitcoin Ordinals and the mystery of the 'cursed Inscriptions'

The new upgrade would make 'cursed Inscriptions' blessed and tradable. The increase in the Inscriptions count has been mild. Bitcoin [BTC] Ordinals developers implemented the “first stepThe post Bitcoin Ordinals and the mystery of the 'cursed Inscriptions' appeared first on AMBCrypto.

2023-6-6 18:30	BTC Trading View
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Bitcoin Inscriptions nearing 5M: miner’s future earnings amid economic uncertainty

Quick Take Inscriptions which is the process of writing data into the blockchain via the Witness portion of a Bitcoin transaction. The total count of Inscriptions is now approaching 5 million; as you can see, it predominately comes from text-based inscriptions.

2023-5-9 13:00	ethereum
inscriptions bitcoin total portion transaction approaching count

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Bitcoin holders, do you wonder what's up with BTC network? Read this

Bitcoin holders stay put despite high market volatility. Bitcoin inscriptions contribute massively to the fees generated by miners, offsetting some selling pressure. The surge in the value oThe post Bitcoin holders, do you wonder what's up with BTC network? Read this appeared first on AMBCrypto.

2023-4-10 18:30	BTC Trading View
bitcoin holders network btc wonder surge selling

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Bitcoin inscriptions cross 1M to reach new record-breaking heights

Quick Take Over the weekend, we saw the one millionth Bitcoin inscription. This a historic feat in such a short time, as inscriptions only started to occur at the beginning of 2023. As a result of the surge in Inscriptions, this has been a net benefit for Bitcoin miners as their fees have skyrocketed.

2023-4-10 16:17	featured
inscriptions bitcoin cross 2023 result surge beginning

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BTC miners are on winning spree despite a sluggish move to $30,000. Assessing...

Bitcoin miners have been witnessing a rise in momentum in revenues The combination of new BTC addresses and growing ordinals inscriptions have contributed to the rising fees Bitcoin [BTC] maThe post BTC miners are on winning spree despite a sluggish move to $30,000. Assessing... appeared first on AMBCrypto.

2023-4-7 10:30	BTC Trading View
btc miners assessing bitcoin move spree winning

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Magic Eden Rolls Out Bitcoin Ordinals NFT Creator Launchpad

After releasing a Bitcoin NFT marketplace in March, the company is expanding its resources for creators to securely mint their inscriptions before selling to collectors.

2023-4-8 19:00	NFT
nft bitcoin creators expanding securely resources selling

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Approaching 1M Bitcoin inscriptions

Quick Take Roughly 900,000 Bitcoin inscriptions in terms of the total count so far, with one million fast approaching. This is an incredible achievement, considering inscriptions started at the beginning of 2023.

2023-4-5 11:58	legal
inscriptions approaching bitcoin fast million achievement beginning

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Luxury Brands Bugatti And Asprey Announce Bitcoin Inscriptions Collection

The move further solidifies Bitcoin Ordinals as the premier digital art platform for high-end collections.

2023-4-5 01:07	News
bitcoin digital premier ordinals art collections high-end

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Bitcoin: Sats names witnessed success, but what's in the name

Sats name on the Bitcoin network saw massive interest after the introduction of Inscriptions. Meanwhile, traders turn bearish toward BTC after the OPEC announcement. After the introduction oThe post Bitcoin: Sats names witnessed success, but what's in the name appeared first on AMBCrypto.

2023-4-3 16:30	BTC Trading View
bitcoin sats success introduction names witnessed othe

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Gamma.io, Xverse And Bitcoin Magazine To Host Ordinals Alley At Miami Bitcoin Conference

Bitcoin 2023 will see the world’s first fine art gallery for Bitcoin Ordinal inscriptions, hosted by the three companies.

2023-3-31 23:10	Art
bitcoin art gallery fine world ordinal three

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Crypto Custody Firm BitGo Releases Security Features Aimed at Bitcoin Ordinals

Custody provider BitGo has released a security tool for protecting Bitcoin Ordinals Inscriptions from accidental transfers.

2023-3-30 19:00	BitGo
security bitcoin bitgo ordinals custody protecting tool

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BitGo Introduces Solution To Securely Store Ordinal Inscriptions On The Bitcoin Blockchain

BitGo has introduced a new security solution to protect Ordinals inscriptions from accidental transfers and enable users to inscribe their own content onto Bitcoin.

2023-3-31 19:00	Technical
bitgo bitcoin inscriptions solution enable accidental transfers

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Magic Eden Launches Bitcoin NFT Marketplace

Two months after the launch of the Ordinals project, Bitcoin NFTs continue to see increased adoption. Currently, there are over 568,000 inscriptions as more popular NFT projects jump on the Bitcoin chain to mint their unique collections.

2023-3-22 18:06	Top Stories
bitcoin nft inscriptions 568 popular jump unique

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Bitcoin Ordinals expands into Magic Eden: All you need to know

Magic Eden has launched its own marketplace for Bitcoin Ordinals. The total number of Bitcoin Ordinals inscriptions has increased from 679 to 240,000 until 1 March. Popular NFT marketplace MThe post Bitcoin Ordinals expands into Magic Eden: All you need to know appeared first on AMBCrypto.

2023-3-22 10:30	NFT
bitcoin ordinals eden magic marketplace expands know

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Want to get in on Bitcoin [BTC]? Here's the long and short of it all

Bitcoin now seeing renewed interest, however, new investors could lose out Inscriptions have also contributed to the hike in interest in BTC Because of the Silvergate and SVB (Silicon ValleyThe post Want to get in on Bitcoin [BTC]? Here's the long and short of it all appeared first on AMBCrypto.

2023-3-14 14:30	BTC Trading View
btc bitcoin all want interest short get

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Ordinals Community Donates $19,000 To HRF Bitcoin Development Fund

An Ordinals community surrounding the Taproot Wizards inscriptions has donated almost .85 bitcoin to the HRF.

2023-3-16 23:16
bitcoin ordinals hrf community inscriptions wizards taproot

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Bitcoin Ordinals could help BTC miners in the long-run- Here's how

Ordinals inscriptions have surpassed 411,000. Its contribution to transaction fees over the past week has also exceeded 6%. Ordinals and other Layer 2 solutions have made the Bitcoin networkThe post Bitcoin Ordinals could help BTC miners in the long-run- Here's how appeared first on AMBCrypto.

2023-3-12 00:30	NFT
ordinals bitcoin long-run- could help miners btc

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Bitcoin NFT Auction by Yuga Labs Draws In $16.5 Million Despite Criticism

The Yuga Labs 12Fold Collection auction ended yesterday. The event kicked off on March 5 and based on the announcement, 288 bidders will receive 288 inscriptions from the 300 NFT-like images on Satoshi using Ordinals.

2023-3-7 18:20	Yuga Labs
yuga 288 labs auction receive bidders announcement

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Yuga Labs Rakes In $16.5 Million within 24 Hours of Its First Bitcoin NFT Auction

Coinspeaker Yuga Labs Rakes In $16. 5 Million within 24 Hours of Its First Bitcoin NFT Auction Yuga Labs has confirmed that the top 288 bidders will receive their inscriptions within the week.

2023-3-7 12:55	Yuga Labs
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Bitcoin NFTs built on Ordinals can be about $4.5b by 2025: Report

Galaxy Research’s report highlighted the top Ordinals sales, which were fascinating. It was projected that Bitcoin NFTs built on inscriptions and ordinals would be about $4.5 billion by 202The post Bitcoin NFTs built on Ordinals can be about $4.5b by 2025: Report appeared first on AMBCrypto.

2023-3-6 10:30	NFT
ordinals bitcoin report nfts built 2025 billion

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Litecoin Ordinal inscriptions hit new high, price up 4%

Litecoin ordinal inscriptions on the Bitcoin blockchain have recorded a new high. LTC is also up 4% in the last 24 hours to trade at $98.

2023-3-2 21:42	litecoin
high litecoin new inscriptions ordinal hours trade

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Is the Buzz About Ordinals Gone Forever?

Ordinals became the new hot thing on any blockchain when they launched on Bitcoin, causing quite a stir and dominating the conversation. But is all the excitement dissipating and if so, what can reignite it? Ordinals are inscriptions on the Bitcoin blockchain, and are like NFTs, but slightly different.

2023-3-1 21:16	Top Stories
ordinals bitcoin blockchain dissipating like nfts excitement

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World’s Biggest NFT Company Yuga Labs Introduces First Bitcoin Ordinals Collection

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	Culture
ordinals bitcoin nft inscriptions project 200 network

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Yuga Labs To Mint 300 NFTs On Bitcoin, Will It Be A Gamechanger?

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	Yuga Labs
bitcoin mint yuga labs nfts limited said

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Showcasing The Bitcoin Inscriptions Craze In Six Charts

Six insightful data sets underscore the rapid rise of interest in Bitcoin inscriptions, demonstrating their undeniable impact.

2023-2-28 22:49
six inscriptions bitcoin interest demonstrating undeniable impact

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Addressing Ordinal Concerns: Bitcoin Decentralization And Block Space

Bitcoin inscriptions have been out for a few more weeks, so we follow up on the fee market and block usage to observe what’s changed after 100,000 inscriptions.

2023-2-26 11:00	Decentralization
block bitcoin inscriptions market usage fee observe

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Bitcoin Ordinals’ adoption, utilization, memory usage drop

Quick Take Since introducing Ordinals and inscriptions in January 2023, Bitcoin block space, usage, and transactions have grown exponentially. The post Bitcoin Ordinals’ adoption, utilization, memory usage drop appeared first on CryptoSlate.

2023-2-21 20:04	DeFi
bitcoin usage ordinals adoption drop memory utilization

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Bitcoin NFTs Challenge the Blockchain’s Largest Use Case: Money

The Bitcoin community has been abuzz with conversations around how Ordinal Inscriptions could signal a technical improvement to NFTs. But the increased fees and transaction speeds associated with them could stifle Bitcoin’s primary use case as a medium of exchange.

2023-2-18 16:45
bitcoin case could use nfts transaction speeds

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Bitcoin NFTs Protocol Ordinals Surpasses 100,000 Inscriptions

There are now more than 100,000 pieces of data inscribed directly onto the Bitcoin blockchain.

2023-2-17 00:41	News
bitcoin 100 blockchain pieces data inscribed directly

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Inscriptions: Just A Fad, Or A Real Threat To Bitcoin Becoming Decentralized Money?

The surge of inscriptions raises old debates about Bitcoin’s “true” purpose and its ability to become the money of the internet.

2023-2-15 19:52	Opinion
money inscriptions bitcoin internet ability debates purpose

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Bitcoin NFTs Protocol Ordinals Nears 50,000 Inscriptions

With the introduction of Ordinals, Bitcoiners have now inscripted more than 45,000 NFTs directly onto the Bitcoin blockchain.

2023-2-15 22:17	ordinals
bitcoin ordinals nfts inscripted blockchain directly onto

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How Inscriptions Impact Bitcoin Block Space

A new use case for bitcoin is causing a stir because of its ability to include data directly on-chain. An analysis of inscriptions’ impact on block space.