Moishe
over 2 years ago
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1/ π§΅ Are Bitcoin Ordinals the next big thing in NFTs? π β’ Some are excited about this new flavor of non-fungible tokens, while others are skeptical. Let's dive into itπ [img:shbHsHOvC]
2/ π€·ββοΈWhat are Ordinals? β’ Bitcoin Ordinals are digital artifacts that can be created directly on the Bitcoin blockchain. β’ They create NFTs that don't require off-chain data, making them "complete" on-chain. [img:Hi1VnP28J]
3/ π‘ What makes Bitcoin Ordinals different from traditional NFTs? They don't rely on off-chain data like NFTs on Ethereum do. This makes them a technical improvement over traditional NFTs, which can have issues with modifying an NFT's information. [img:Xz2UJCE-5]
4/ π₯ Interest in Bitcoin Ordinals is growing rapidly. Some see them as a niche product that may not have mass appeal. Others think they could be a game-changer in the world of crypto art and collectibles. [img:UksAfIEOK]
5/ π€ Not everyone is sold on the idea of Bitcoin Ordinals. Some have raised concerns about their impact on the Bitcoin network. They may be too complex or difficult to understand for some. [img:Q1Er_sVFG]
6/ π Despite mixed reactions, Bitcoin Ordinals are worth keeping an eye on. They have the potential to be a cultural and technical improvement over NFTs. It remains to be seen whether they will be the future of NFTs, but their growth is something to watch. [img:We3rYg0S-]
7/ π£οΈ What do you think? Are you excited about the potential of Bitcoin Ordinals, or do you think they'll fizzle out? Let me know in the comments! π¬ [img:v-qcJJzx_]
If you got value out of this: 1. Follow @moishemedia & hit the π 2. Retweet the thread here πtwitter.com/MoisheMedia/status/1626235474305245184
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