Bitcoin24h $66,906.42-2.74%

Ethereum24h $1,944.39-2.95%

XRP24h $1.37-3.88%

BNB24h $599.77-5.03%

Solana24h $80.80-4.49%

TRON24h $0.2747-0.74%

Dogecoin24h $0.0904-3.42%

Bitcoin Cash24h $514.68-1.24%

Cardano24h $0.2556-2.95%

UNUS SED LEO24h $8.34-3.08%

How a quant sniped millions from Bitcoin Ordinals

Ordinals sniping during an NFT minting ceremony affected one of the year’s most hyped Bitcoin Ordinals collections.

Bitcoin ordinals creator causes outcry for wanting to enforce renumbering

Ordinals creator Casey Rodarmor swore, “the ordinals project commits to immutability of inscription numbers.” Now, he wants to renumber them.

Members of the Bitcoin ordinals community are asking about a new generation of on-chain software: What are recursive inscriptions?

Bitcoin ordinals sales volume currently sits just $400k behind Ethereum and nearly 8 million inscriptions have been added to the blockchain.

Bitcoin ordinals are akin to spam, according to long-time developer Luke Dashjr, as the new NFT market causes congestion.