๐ Bitcoin Ordinals โ Bitcoinโs Own NFTs Explained
Ordinals are shaking things up for Bitcoin. Each Bitcoin is split into tiny units called satoshis (sats). The Ordinals protocol lets people add extra data โ like art, text, or video โ directly onto single sats. This makes them unique digital collectibles that live *inside* Bitcoin forever.
Unlike Ethereum or Solana NFTs that use smart contracts and off-chain storage, Ordinals live fully on Bitcoin โ no sidechain, no extra token. This is possible thanks to the Taproot upgrade.
Each satoshi gets a number based on when it was mined. Some sats are extra rare:
* **Common:** any sat.
* **Uncommon:** first sat of a block.
* **Rare:** first sat of a difficulty period.
* **Epic:** first sat after each halving.
* **Legendary:** first sat of each cycle.
* **Mythic:** the very first sat ever mined.
Some people love Ordinals because they give Bitcoin more use cases. Others say they raise network fees โ but they also help miners earn more when block rewards get smaller.
Itโs still early for Bitcoin NFTs. Youโll need a Taproot wallet and some tech skills to mint one โ but new tools are making it easier. Bitcoin isnโt just money anymore โ now itโs digital art too.
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๐ Source: Binance Academy
