NFT boom on BTC

According to news on February 7, Pierre Rochard, vice president of research at Bitcoin mining company Riot Platforms, tweeted that the Inscriptions of the Bitcoin network NFT protocol Ordinal are consuming 50% of the Bitcoin block space, and the block space utilization rate At 100%, the median rate dropped.

According to previous news on January 30, software engineer Casey Rodarmor created the NFT protocol "Ordinals" on the Bitcoin mainnet, causing the encryption community to be divided on whether it is beneficial to the Bitcoin ecosystem. According to news earlier today, the average daily block size of Bitcoin reached 2,021,079.56 yesterday, a three-year high.