How Do Bitcoin Ordinals Work?
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How Do Bitcoin Ordinals Work?
The Ordinals protocol introduces a unique system for numbering satoshis, assigning each satoshi a serial number, and tracking them across transactions. In essence, ordinals enable the individualization of satoshis by appending additional data, a process known as ‘inscription.’ A satoshi, named after Bitcoin’s pseudonymous creator Satoshi Nakamoto, represents the smallest unit of bitcoin (BTC), divisible…