Tag: Ordinal

Bitcoin’s Martin Luthers: How Ordinal Wizards Challenge The Religion Of Maximalism

coiner

This is an opinion editorial by Nathan Cryder, the COO of a renewable energy company and the founder of a bitcoin-focused holding company. It’s unlikely that Bitcoin’s mysterious, pseudonymous creator, Satoshi Nakamoto, knew just how many similarities Bitcoin would one day share with the world’s great religions when they first released their code to the public. That “genesis block” was mined on one of Nakamoto’s computers on January 3, 2009, a day now celebrated annually as one of the many Bitcoin “holidays” to commemorate the heritage of the world’s first…

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How Ordinal Inscriptions Will Drive Adoption Of Bitcoin’s Lightning Network

coiner

This is an opinion editorial by Jesse Shrader, the co-founder and CEO of Amboss, a Lightning Network explorer and analytics tool. For years, you could basically only do two things on the Bitcoin network: You could save BTC or you could spend it. Then, a late 2021 privacy upgrade had the unintended consequence of allowing data storage on the Bitcoin blockchain, resulting in NFT-like inscriptions and BRC-20 tokens, both applying Ordinal Theory for asset tracking. The popularity of NFT-like Ordinal inscriptions and the experimental BRC-20 token standard has driven up…

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