What are Ordinals(ORDI) and How They Impact the Bitcoin Blockchain

Morning bus: ORDI is currently at 83. After a sharp rise, it can ambush near 75 and look at the 90 position.

What are Ordinals(ORDI)?

The total number of Bitcoins is 21 million, and one can be subdivided into 100 million satoshis (satoshi is sat, the smallest unit of Bitcoin), totaling 2100 trillion satoshis.

Ordi is the first and most valuable BRC-20 token on BTC. To understand Ordi, you must first understand the inscription. Inscriptions are created by writing content to satoshi using the Ordinals protocol. Inscriptions do not require the use of separate tokens, sidechains, or changes to Bitcoin;

What the Ordinals protocol does is to write information to each satoshi, such as text, pictures, audio and video, etc. Due to the Bitcoin block size limit, the main information inscribed in inscribe (that is, mint mint) is mainly text and pictures. , that is, in the form of NFT and token.

Since the inscription is created directly on the Bitcoin blockchain and cannot be tampered with, there is no project party. As long as the Bitcoin does not disappear, the inscription will not disappear;

One of the important principles of the Ordinals protocol is "first come, first served". Whoever inscribes it first belongs to whomever. Anyone can deploy a contract on the Bitcoin chain through the protocol. If it is out of the circle, it may be a hundred times higher. If it is not out of the circle, it is just an experiment.

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