Learn what are Bitcoin ordinals and how they differ from your typical NFTs. They bring a unique concept to the oldest blockchain in the world.
What are Bitcoin Ordinals – Definition
Ordinals is a special protocol on the Bitcoin blockchain that enables non-fungible tokens (NFTs) to be added to Bitcoin transactions. In other words, Ordinals are NFTs on the Bitcoin blockchain.
Unlike non-fungible tokens on other blockchains, such as Ethereum, Ordinals are very specific in their design. They allow various types of data, such as images, to be inscribed directly on satoshis, which are the smallest units of Bitcoin.
Therefore, Ordinals do not create a special type of token on the Bitcoin blockchain; rather, they use Bitcoins and satoshis to write NFTs directly on the blockchain.
