The famous spot spot currency is also a project that I am more optimistic about.
ORDI
First release time 2023.5.8
Maximum supply 2100w
Circulation rate 100%
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 written using the Ordinals protocol
Created by Satoshi, Inscription does not require the help 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 (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 engraves it first belongs to whomever. Anyone can deploy a contract on the Bitcoin chain through the protocol. If it goes out of the circle, it may be doubled. If it doesn't go out of the circle, it's just an experiment.
One of Ordinals’ most notable innovations is its new framework for NFT creators to efficiently expand their digital collections. This technology enables the emergence of new collections and file types on Bitcoin that may be derived from ordinal numbers. Ordinal technology is redefining how to index and prove the origin of ordinal numbers.
The Ordinals movement is propelling Bitcoin into an era of groundbreaking, revolutionary innovation, spawning a variety of new products that fully realize the untapped general-purpose computing potential that blockchain promises. Looking ahead, Ordinals has a promising path ahead, with infrastructure maturing and rising adoption trends pointing us in that direction. The sustained high frequency confirms a point: ordinal numbers are not a temporary craze, but a permanent and important part of the field of digital collectibles on the chain.
