4 ms·

Eli5 ordinal nfts?

• alvivanco 4y ago
  As you may know, Bitcoin can be divided into very small pieces called satoshis (or sats). With the new Ordinals protocol, people who operate Bitcoin nodes can add "special" information to each of these tiny pieces (sats), creating something called an Ordinal. Similar to the smart contracts we are familiar with Ethereum. In turn, these can create what we know as NFTs. Ordinals is essentially the name of "NFTs" in the bitcoin world.
  • meltyness 4y ago
    It's only poetic justice that they happen to also be the most worthless thing transactable.
    • alvivanco 4y ago
      Ahah nice