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Showing posts from May, 2023

What are Ordinals in NFT? Bitcoin NFTs Explained

Ordinal NFTs are a new way of creating  non-fungible tokens (NFTs)  on Bitcoin that was launched by developer Casey Rodarmor on January 20, 2023. Unlike other Bitcoin NFTs that rely on layer-2 networks such as Counterparty and Stacks, ordinal NFTs have a different design that allows them to be minted directly on the Bitcoin mainnet. Since their launch, ordinal NFTs have attracted a lot of attention from users, developers, and enthusiasts who are interested in the potential of native Bitcoin NFTs. Over 200K ordinal NFTs have been created so far, and the number is growing every day. In this article , we will explain what Bitcoin Ordinals are, and the different from Normal NFTs. Website| Twitter  | Telegram  | Reddit  | Discord

BRC-20 Tokens: How to Create and Transfer Fungible Tokens on Bitcoin

BRC-20 tokens are a new type of fungible tokens that can be issued and transferred on the Bitcoin blockchain. They are based on an experimental protocol called Ordinals, which allows users to embed JSON data into Bitcoin transactions. Unlike other token standards that rely on smart contracts, such as ERC-20 on Ethereum , BRC-20 tokens are stored on the bitcoin base chain and do not require any additional layers or platforms. In this article , we will explain what BRC-20 tokens are, how they work, and what are their advantages and disadvantages. We will also compare them with other token standards and explore some use cases and examples of BRC-20 tokens. Website| Twitter | Telegram | Reddit | Discord