Over 7,000 ordinal inscriptions have already been included on the bitcoin blockchain
Ordinals, the protocol that allows each bitcoin satoshi to be identified with an irreplaceable number, is certainly gaining popularity for its circles when it comes to the process of including an element in the bitcoin blockchain. I am still far from users. With certainty we can say that every user must run a full bitcoin node in order to produce a ledger.
The protocol that allows transaction sizes to be as large as or as large as a block of bitcoin is due to a feature present in the Taproot update that already supports over 7000 from the bitcoin blockchain as of 12 Has done the work of bringing more inscriptions. Where we can see it from and where we get it, corresponding to Eastern Time on February 6th at 6:00 p.m. ET. While inscriptions can have different content and are determined by a file type that describes the object inside the inscription, how it functions and is mostly images that are stored as part of the blockchain. I will always be protected. However, this feature has sparked controversy, with some criticizing its financial use case-limiting effects on the size of the bitcoin blockchain in the future. However, Casey Rodarmor, the creator of Ordinals, declares that the idea behind this protocol is to make bitcoin fun and interesting again. Among the more recognizable inscription collections being released is Taproot Wizards, spearheaded by crypto influencers Udi Wertheimer and Eric Wall and the first Taproot Wizard released on top of the largest block ever mined in the bitcoin blockchain. It featured an image of an internet money meme wizard posed by Mavensbot, which was used as a Reddit ad in the Bitcoin subreddit in 2013. There are already six different inscriptions with art derived from the aforementioned meme and we can say that another collection called the Ordinal Rocks, a name that certainly claims to be the first on the Ordinals and includes rocks The 100 images are serialized and exist on the bitcoin blockchain. A second collection we know of as Ordinal Punks mimics Ethereum-based Cryptopunks, also claiming to have 100 of the first 650 inscriptions on the Bitcoin blockchain. Certainly the dynamic process of establishing a market for commercialization and monetization of these inscriptions is still a work in progress and as there is currently no market for the same while reports of secondary market sales have surfaced and some inscriptions are being sold for approximately 1 bitcoin but there is currently no way to confirm whether or not these sales are in fact genuine.