#sats In Brc20, Ordinals is an Ethereum-based token protocol built on the ERC-20 standard. Ordinals tokens can be used for investing, trading and payments. As an upgraded version of the ERC-20 protocol, the advantages of Ordinals are higher security, higher customizability and better user experience.
The emergence of the Ordinals protocol has given new life to this oldest public chain. Ordinals is a system for numbering Satoshis, the smallest unit of Bitcoin, by arranging these Sats in a certain order and assigning them a specific ordinal number. That is, the Ordinals protocol assigns a unique number to each Satoshi. This gives each Satoshi uniqueness, and this numbered identifier will allow users to track each Satoshi on the blockchain.
When users attach specific information to this Satoshi (sats), such as pictures, text, codes, etc., each Satoshi can be made unique, which is the so-called Bitcoin NFT. The additional information is called "inscriptions", and the process of appending information to Sats is called "inscribe", that is, the "inscription" is engraved on Sats. #BTC