đź“ť Definition:
Ordinals are like special tags for each tiny piece of Bitcoin (BTC), making every bit unique.
It’s like marking your own banknotes so everyone knows they’re yours.
🔑 Key Features
- Unique Tags: Every tiny part of Bitcoin, called a satoshi, gets a unique number.
- Trackable: With that you can follow the history and ownership of each Bitcoin piece.
- More Than Money: Thanks to that, Bitcoin can now hold things like digital art or special messages.
⚙️ How It Works:
- Assign Numbers: Every tiny part of Bitcoin, called a satoshi, gets its own special number.
- Store on Bitcoin: These numbers are saved right on the Bitcoin network.
- Collect Them: People can turn these numbered Bitcoins to turn them into digital collectibles or artworks.
đź’ˇ Applications:
- Collectible Bitcoins: Each Bitcoin can be unique, like a collectible card.
- History Checks: See where each Bitcoin has been and what it’s been through.
- Art on Bitcoin: Artists can create and share digital artwork tied to specific Bitcoin pieces.
🔍 Example:
Imagine if every dollar in your wallet had a little story to tell—where it’s been, who’s used it, and even could carry a small picture or note.
Ordinals make it possible for each satoshi to do just that.
That makes every piece of Bitcoin (BTC) unique and more interesting.