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The Binance Inscriptions Marketplace: Your One-Stop Solution.
What are Inscriptions?
In the ever-evolving world of blockchain, an exciting new concept has emerged: Inscriptions.
The concept of inscriptions originated with Bitcoin Ordinals. Since the Bitcoin network doesn’t support smart contracts, it couldn’t directly handle NFTs — or similar tokens.
However, with the innovation of Ordinals, developers found a way to inscribe data onto individual satoshis (the smallest unit of Bitcoin). This opened a new frontier for creating digital assets on a blockchain originally not designed for them.
Unlike traditional Bitcoin blockchain entries, which involve transactional data, inscriptions can include a variety of data types, such as text and images. They are immutable, meaning once written, they cannot be altered or deleted, ensuring permanence and security.