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Mar 12

What are Bitcoin NFTs?

Bitcoin NFTs β€” aka Bitcoin ordinals, aka digital artifacts β€” are a way to inscribe digital content on the Bitcoin blockchain. The Bitcoin ordinals protocol was launched in January 2023 by Casey Rodarmor. The protocol allows inscribing of digital content like art onto the Bitcoin blockchain. Unlike nonfungible tokens (NFTs) on Ethereum and other blockchains, Rodarmor wanted to create an immutable on-chain presence of a piece of art, text or video. The genesis ordinal was a pixel art of a skull...

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