# ORDINALS - Artefacts on Bitcoin By [JiRaYa_OG](https://paragraph.com/@ksh91) · 2023-04-29 --- Today we are going to talk about a **phenomenon**, which was **born in December 2022** and which continues to take place in the #NFTs market, in a dazzling way. They are called: **_THE "ORDINALS"_** ![They are called "NFTs" but Ordinals are digtal artifacts on ithe Bitcoin blockchain.](https://storage.googleapis.com/papyrus_images/b01853bddb1faf6215a0b4386f6b122e4b4ab5964fd7d53fc5db89a5c4c9c3f3.png) They are called "NFTs" but Ordinals are digtal artifacts on ithe Bitcoin blockchain. **● WHAT ARE ORDINALS ?** Ordinals, is a **protocol** launched in **January 2023** by **Casey Rodarmor.** It allows data such as _art_, _text_ or _video_ to be **written on the blockchain Bitcoin.** This process is modeled on the old system of the famous **_"Colored Coins"._** ![Colored Coins, appeared on the Blockchain, around 2012. They have enjoyed continued success during this period.](https://storage.googleapis.com/papyrus_images/76660afcefb102c14f9a79b5bce511d5d265e719793f35e992c0f00e021fd9b2.jpg) Colored Coins, appeared on the Blockchain, around 2012. They have enjoyed continued success during this period. **● WHAT ARE "COLORED COINS"?** **TO PUT IT SIMPLY:** The basic idea was to **"color"** certain **Bitcoin** by **associating** a **particular meaning**, such as an **_action_**, an **_obligation_**, **_intellectual property_**… This **technique** has made it possible to **create _unique_**, **_indivisible_** and **_tradable_ digital assets** on the **_blockchain Bitcoin_** Arousing, at the time, an **inordinate interest** of **_developers_** and **_entrepreneurs_**, who quickly **exploited the capabilities**, which were available to them ... ![](https://storage.googleapis.com/papyrus_images/5dcf4b4f8792413f6ec4373d667c1ddf5174ea0563b9be3ab5ba773410a2927b.jpg) **● PROBLEMS** Very quickly, **problems** arose on the **_"Colored Coins"_**: 1. Their **implementation**, was quite **complex** for the time and **too unfriendly** for **_end users_**. A problem, which has contributed to **limiting adoption.** ![](https://storage.googleapis.com/papyrus_images/4ade593862fc2ef1095f1022e9dad6cebad74ee48c88c55f4b518a1054308674.jpg) **● FUNGIBILITY** 2. In addition, the question of **_"fungibility"_** also arose. The fact that these bitcoins, could be perceived as being **different** from the so-called **_"normal"_** bitcoins and therefore, have a **different value**, is a **factor** that also played an **important role**, in the **non-adoption phase**. ![](https://storage.googleapis.com/papyrus_images/d0f2d9fb61b86e092350899be4d85e1a70640c42fcbe48e1ab5230bebb96ff74.jpg) **_● SOLUTIONS_** Over time, **other protocols** **and standards** have emerged to **solve these problems**, such as **the ERC-20** and **ERC-721** on **Ethereum**. These **solutions** were **adopted** and are, even today, **the BASES**. ![](https://storage.googleapis.com/papyrus_images/fac3969c83470d506f16b8dad7c24e4df2ad07d071b74cedcc0f5e481d103520.jpg) **● MORALS** Nevertheless, **Colored** **Coins**, have played a very **important** **role** in the history of the **blockchain** **Bitcoin** They **demonstrated** that **cryptos** could be **used** **to represent tangible and intangible assets**, in a **decentralized** and secure way. ![](https://storage.googleapis.com/papyrus_images/df669f5cd2f3c09b5cfae63ef96bbf1186e3a0140f9d14b6f333a5ffc0d42034.jpg) **● THE ORDINAL THEORY** The **_“Ordinal Theory”_**, consists in **numbering each satoshis that composes a BTC**, giving them **individual identities** and allowing them to be **_differentiable_**, **_followed_**, **_transferred_** ... Ordinal Theory does **_not require a sidechain or token_** **outside of _Bitcoin_** to work. It can therefore be used, **without any necessary modification** of the **_Bitcoin network_** ![A Bitcoin, can be subdivided, into 100,000,000 satoshis](https://storage.googleapis.com/papyrus_images/760155ee82c5caf3c3bc74ecb7134132faf665c3d67f269db9a46b62af45c3aa.jpg) A Bitcoin, can be subdivided, into 100,000,000 satoshis **●** **REGISTRATIONS** **Individual satoshis**, therefore, can be **_"registered"_** with **_arbitrary content_**, thus creating **unique native Bitcoin artifacts**, which can be kept in **_Bitcoin wallets_** and also **_transferred_**, using **Bitcoin** **transactions**. ![](https://storage.googleapis.com/papyrus_images/6cfaea7a114b574f4aab759b4b907138429ede19470a5696151c7fc6563da875.jpg) **● OPERATION** To make a registration, you must: **Send the satoshi** to be registered in a **transaction**, which reveals the content of the on-chain registration. The **content** of this transaction is therefore, **directly related** to the **satoshi**, transforming it into a **_transferable_**, **_exchangeable_** artifact... ![](https://storage.googleapis.com/papyrus_images/93ebe596be0cfd8266f7ad2992c34e51509b0a6a74f4560bf64c229ac8678bb6.jpg) **● THE "TAPROOT" UPDATE** The **_Ordinals_**, were able to develop thanks to the **deployment of the Taproot update** that was released on the **Bitcoin** network, in **_November 2021_** This update makes it possible to **extend the size** of the **storable data** in a **Bitcoin** **transaction**, up to **4MB**. ![](https://storage.googleapis.com/papyrus_images/ba6133dcaea24432c9b847ca4ed6a3ca6a7990f4cd923a5f85703351cdc394f1.jpg) **● CREATE ORDINAL NFTS** Registrations, could only be, basic, created by the **lucky holders** of **_Bitcoin Core node_** Over time, **several applications** such as **_Trygamma_** or **_OrdinalBot_** allowing a more **_"mainstream" access_**, have begun to emerge. These applications allow you to **deposit** **_image_** or **_video_** **content** in order to make it a **_"registration"_** on **Bitcoin** Your registration can be **\*stored**, without the need to enter your $BTC address. **_\*A $BTC address is required to "hold" your registration_**. ![](https://storage.googleapis.com/papyrus_images/81b3b9a9fb7e8425bb35c8f51de02aa5da2692255118a8079318985da97236e5.jpg) **●** **BUY/SELL NFTS ORDINALS** In the first place, **Ordinals sales** were mainly made in **_OTC_** on **_Discord channels_** This **practice** made the trade in Ordinals **extremely risky**. **Until the exchange platforms appeared**. ![](https://storage.googleapis.com/papyrus_images/9b55ecd834c8e9fafdd036f8319be8ebecf74e3976d65511af76b32fba7f3e19.jpg) **● ORDINALS WALLET** **Ordinals Wallet**, is a **_multi-hatted project_**, which works to **make access to “NFTs” Ordinals easier.** It acts as a **_Bitcoin wallet_** and **_marketplace NFTs_** where it is possible to **_buy/sell_** **your Ordinals**, in a more secure way. ![](https://storage.googleapis.com/papyrus_images/f20a538c214b413ab23c12218d170acfe98b63d74a31da2a36a19b6c56793dd6.jpg) **● ORDINAL AIRDROPS** Ordinals Wallet, has **already** **performed several Airdrops** The first, dates from **_February 24, 2023_** • Condition: Have made at least **1 Tx** on the **Ordinal Wallet site**. • Reward per wallet: 1 NFT **_Pixel Pepe_** **(0.07 $BTC)** [https://ordinalswallet.com/collection/pixel-pepes](https://ordinalswallet.com/collection/pixel-pepes) **● THE BTC MACHINE AIRDROP** It is then, the turn of the **_BTC Machine_** project, to bid by performing on **March 15**, an **Airdrop** of their **_"BTC Virus" (0.0014 BTC)_** 10,000 "NFTs" on Bitcoin for all holders of more than 60 ordinal collections [https://ordinalswallet.com/collection/btc-virus](https://ordinalswallet.com/collection/btc-virus) ● OPERATORS (AIRDROP) Earlier, on March 4, BTC Machine already announced a #Airdrop, from a collection called "BTC Operator", aimed at BTC Machine holders. [https://twitter.com/btcordinal/status/1632076747213623296?t=ZUMZaVzQBxSgyxwFqqr4Lw&s=19](https://twitter.com/btcordinal/status/1632076747213623296?t=ZUMZaVzQBxSgyxwFqqr4Lw&s=19) **● BTC LANDS (AIRDROP)** On March 21, **BTC Machine**, took another **_Snapshot_** and announced the **Airdrop** of the **_"BTC Lands"_** collection, for **BTC Virus holders**. **(0.00047 BTC)** [https://ordinalswallet.com/collection/btc-land](https://ordinalswallet.com/collection/btc-land) ● **CONCLUSION** In my opinion, **Ordinals** are part of these **_future trends_**, which should absolutely not be overlooked. As with all trends, the **biggest winners** will be those who **manage to place first**. **_(Yugalabs is already placed)_** ![](https://storage.googleapis.com/papyrus_images/eab18b3ff521c842d00abc91ca995c0020985cbec7fc6f1db50ab56823a690fa.jpg) **● USEFULS LINKS** ORDINALS WALLET **•** _Website_ [https://ordinalswallet.com](https://t.co/hXC1LlDcZn) **•** _Discord_ [https://discord.gg/ordinalswallet](https://t.co/BZfBzROvsr) **•** _GitHub_ [https://github.com/casey/ord](https://t.co/bHtkfGQGpr) BTC MACHINE • _Website_ [https://btcmachine.org](https://t.co/7oqtLdsA5G) **•** _Discord_ [https://discord.gg/B74TA43SHC](https://t.co/wEY0jLkzkd) --- *Originally published on [JiRaYa_OG](https://paragraph.com/@ksh91/ordinals-artefacts-on-bitcoin)*