Ordinals still make up majority of Bitcoin txs despite price collapse
Bitcoin Ordinals appear to be alive and kicking with nearly 85% of network activity dominated by inscriptions and BRC-20 minting on Aug. 21.
Bitcoin Ordinals appear to be alive and kicking with nearly 85% of network activity dominated by inscriptions and BRC-20 minting on Aug. 21.
There are currently more than 34,000 types of BRC-20 tokens in circulation.
Move over Bitcoin, Ordinals on Litecoin and Dogecoin have unleashed a frenzy of transactions.
Zero-knowledge proofs could be a viable means to address recent network congestion and high fees on the Bitcoin blockchain.
Bitcoin transactions and fees are at high levels, and 400,000 of them are still unconfirmed on the blockchain.
Binance has announced its intention of implementing Lightning Network, a layer 2 Bitcoin scaling protocol, on its platform after experiencing an episode of congestion regarding withdrawals on the Bitcoin network.…
The BRC-20 token frenzy has seen the number of Ordinals inscriptions on the Bitcoin network soar 92% in 8 days.
The BRC-20 token standard utilizes Ordinal inscriptions to deploy token contracts, mint tokens, and transfer tokens.