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Ordinals Meaning

A revolutionary protocol that allows data to be inscribed directly onto individual satoshis (the smallest unit of Bitcoin). It effectively creates NFTs on Bitcoin without a separate sidechain or token standard.

Ordinals assign a serial number to every satoshi mined, based on the order in which they were mined. Users can attach data (images, text, video) to these specific satoshis.

This sparked a massive debate. "Purists" argue Bitcoin should be for money only and that Ordinals are spam.

"Builders" argue Ordinals drive demand for block space, increasing miner fees and securing the network as block subsidies decline.

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