Ordinals

What’s an ordinal?

Short answer:

Think of ordinals as NFTs, on the Bitcoin network.

Long Answer:

Ordinals create NFTs on Bitcoin (and other proof of work networks), by writing (or ‘inscribing’) identifying code into individual satoshis (SATS).

SATS are a denomination of Bitcoin (like cents on the dollar: 1 SAT = 0.00000001 BTC).

And in that code, you can add links to images and videos (similar to an NFT, but not the same).

Ok, ok. Hold up!

Identifying code? Embedding image links into 'satoshis?' We're getting a little too technical here.

Let's back things up. Let's make it real:

Inscribing a satoshi would be like taking a penny and scratching your name into it, making it unique.

And if the feeling were to take you - you could even scratch a link to an image or video file in there.

(You and your tiny, tiny hands).

So as it is circulated, it's still uniquely identifiable.

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NFTs

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Proof Of Work / Proof Of Stake