The Bitcoin community is in turmoil. Ordinal NFTs – also referred to as “Digital Artifacts” and “Ordinal inscriptions” – surfaced January 21st, 2023 on the Bitcoin network. Bitcoin maximalists are furious – they believe NFTs are spamming and attacking the Bitcoin network. Other Bitcoin enthusiasts argue that Ordinal NFTs make the Bitcoin network not only more “fun” but also can help generate more revenues for Bitcoin miners.
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What Ordinal NFTs mean for Bitcoin
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The Bitcoin community is in turmoil. Ordinal NFTs – also referred to as “Digital Artifacts” and “Ordinal inscriptions” – surfaced January 21st, 2023 on the Bitcoin network. Bitcoin maximalists are furious – they believe NFTs are spamming and attacking the Bitcoin network. Other Bitcoin enthusiasts argue that Ordinal NFTs make the Bitcoin network not only more “fun” but also can help generate more revenues for Bitcoin miners.