📙 ORDINALS 101 kit 📙
Everyone keep talking about ordinals, so I am back :D to let you know everything and so you have your tools ready to get in.

What do you ned to start?

You just need:
● Bitcoin (you can send from Binance)
● An ordinal wallet (careful with the 2 type of addresses like taproot)! *
● Ordinal Marketplace**
● Mempool (to see status of your transactions)**

*Note 1: Legacy and Taproot addresess
It's crucial to highlight that when dealing with Bitcoin and Ordinals, understanding the distinction between legacy addresses and taproot addresses is key. Typically, the addresses you'll be utilizing for ordinal transactions fall under SegWit and/or Taproot (an example of their appearance is shown in the accompanying image). Being mindful is essential because using them incorrectly might result in the platforms interpreting your ordinals as regular sats, leading to potential loss of your digital artifacts.

You have 2 type of addresses (in this case, we are using XVERSE example):

1- Your BITCOIN address (where you send bitcoin to pay fees and buy ordinals)
2- Your ORDINALs address aka taproot (where you receive or from where you send your inscriptions). Starts with bc1

NOTE 2. Useful references
References for your 101 ordinal kit.

💼WALLETS
UNISAT
ORDINALS WALLET
●XVERSE (download as app)
●LEATHER

🛒ORDINALS MARKETPLACE

Magic Eden
Ordinals wallet
Unisat
Mempool.space

P.S. Unfortunately, I can't include links, but each of these projects has its dedicated X/Twitter account. Make sure to verify using the correct tag.
P.S.2. I've organized a handy ordinal library pin on my X/Twitter account, gathering various information with accompanying resources. The handle is identical to this one. Drop a greeting in the comments if you spot it from here! 😄

#btc #bitcoinordinals #ordinals #Ordinal

Data from #bitcoin explorer Mempool shows that the difficulty on the Bitcoin [BTC] network has increased by 23% year-to-date (YTD) to a new all-time high of 43.55T.

The hash rate increased to 351 EH/s as a result of the increase in difficulty levels, forcing #BTC miners to employ more processing power to mine blocks.

Since the debut of #Ordinal #NFT on the Bitcoin Mainnet in January 2023, the network's overall traffic has dramatically increased.

Extra-‘Ordinals’

Bitcoin Ordinals have dominated the #cryptocurrency industry since their introduction. The total number of Ordinals inscriptions reached 521,843 at the time of writing, with a startling 58% of them being produced in March alone, in accordance to Dune Analytics.

On March 9, when more than 30,000 inscriptions were produced in a single day, the number hit its peak.

However, during the past two months, the total amount of transaction fees paid on the Bitcoin network has more than doubled.

Based on data from Dune, trade in Ordinals amounted for 22% of the total fees paid by miners.

Importantly, Ordinals concentrate on satoshis, the lowest unit of Bitcoin. Users can add data to each satoshi using the protocol. Smart contracts that enable NFTs can be included in this data.

📙 Kit to start in ORDINALS 📙
Everyone talks about ordinals, so I'm back :D to tell you everything and so you have your tools ready to go.
What do you need to get started?
You only need:
Bitcoin (you can send from Binance)An ordinal wallet (be careful with 2 types of addresses like taproot)! *Ordinals Market**Mempool (to see the status of your transactions)**
*Note 1: Different type of addresses
It is crucial to note that when dealing with Bitcoin and Ordinals, it is essential to understand the difference between legacy addresses and taproot addresses. Typically, the addresses you will use for ordinal transactions are located under SegWit and/or Taproot (an example of what they look like is shown in the attached image). Being aware is essential, as using them incorrectly could cause platforms to interpret your ordinals as normal sats, which could result in the potential loss of your digital artifacts.