The number of daily bitcoin transactions hit a fresh high over the weekend, just days after Grayscale published a report praising the effect of Ordinals on the crypto network. On Saturday, the average number of daily transactions over the previous
When software engineer Casey Rodarmor launched the Ordinals protocol three months ago, the NFTs market had lost steam from its 2021 peak. Now, the protocol has triggered a lot of interest, with crypto enthusiasts embedding a total of 385,000 “inscriptions”
Ordinals “sparked a fire” for NFTs built on Bitcoin, according to Stacks founder Muneeb Ali. However, fundamentalists criticized the protocol as an affront to Bitcoin’s founding ethos of facilitating peer-to-peer financial transactions. Software engineer Casey Rodarmor launched Ordinals on the
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