Bitcoin and Ordinals Inscriptions insights

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Latest — Mar 10, 2023

How does the iGaming sector fuel up crypto adoption?

Cryptocurrencies have been becoming more and more popular in the past two years. We are seeing constant developments in the world of blockchain technology, which then helps cryptocurrencies take a step further and become more widely accepted by the general public. But pure blockchain developments will not be enough to

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How To Send Ordinals From A Taproot-Enabled Wallet To Emblem Vault

Emblem Vault has seamlessly integrated Taproot native wallet support within its vaults, making sending and receiving Ordinals easy. With this latest update, you can effortlessly send your Ordinals from Emblem Vault to any Taproot-enabled BTC Wallet like SparrowWallet, and XverseApp wallets. Sending An Ordinal To Your Emblem Vault To send

How To Create A Bitcoin Wallet Compatible With Ordinals To Get BTC NFTs

In 2021, Bitcoin underwent a significant upgrade with the implementation of Taproot. This allows for the deployment of smart contracts on the Bitcoin network. Since then, the upgrade has opened up new possibilities for using Bitcoin beyond its traditional function as a digital currency. We now have the Ordinals protocol,

Ordinals On Bitcoin Without Taproot And SegWit

Ordinals is an innovative approach to creating non-fungible tokens (NFTs). It uses color coins to assign unique Ordinal numbers to each satoshi based on the time it was mined. This additional data creates NFTs or "inscriptions" that are unique. Working Principles of Ordinals Without modifying the initial Bitcoin protocol, the

How To Make An NFT Collection On Ordinals

Are you an artist looking to enter the world of Ordinal minting? You need to take a few critical steps to ensure your success. However, if you are new to this, you must first understand what Ordinals are and how they work. If you know what Ordinals are, it's time

Impact Of Litecoin Ordinals On LTC

Last week saw an exciting development in cryptocurrency as the Ordinals protocol was successfully forked to Litecoin, the second cryptocurrency network ever created. The technical achievement was made possible by the skill and ingenuity of Anthony Guerrera (@anthonyonchain). Thanks to Guerrera's endeavors, creating and trading non-fungible tokens (NFT)-like assets

Bitcoin Congestion: A Silver Lining For Ordinals?

Bitcoin Ordinals have been making their presence known in the crypto space. They have revolutionized how we view NFTs as they prove their longevity. However, not everyone is enthusiastic about bitcoin ordinals. Some critics have claimed that ordinals are responsible for increased traffic on the blockchain network. While others believe

How Much Does It Cost To Create an Inscription?

The ascent of Bitcoin Ordinals shows no sign of slowing down, as the blockchain now boasts over 160,000 inscriptions. These inscriptions are now part of the blockchain's permanent record, ensuring their longevity and immutability. However, the current centralized tech framework for obtaining and interacting with these Ordinals could be

Over 20,000 Litecoin Ordinal Inscriptions in The Last Three Days

The buzz around Bitcoin Ordinals has been a hot topic of discussion lately. And for many who have been observant, it's clear the concept of Ordinals would be integrated into the Litecoin blockchain. With just a bit of coding skill and a fair monetary reward, a software engineer was able

Is a Taproot Address Necessary To Receive Inscriptions?

Earlier this year, the mastermind behind Inscriptions, Casey Rodarmor, launched the groundbreaking innovation. With this protocol, users can now receive and transfer singular satoshis, each of which could house exceptional multi-dimensional data. This data can include videos, images, and even audio. This revolutionary technology enables the mining of NFTs on