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100 PROOF: Security Practices, Bitcoin NFTs, Open Editions, AI Art, Doodles 2

Vaulted by PROOF

CHAPTER

How Are You Tracking Your Wallets?

There's a market out there for people who, I'm too lazy to start going on Discord and trying to try to figure out who the buyers and sellers are for certain NFTs. The problem with the current structure is when you listen NFT, the value goes down. And apparently there's this project called the ordinals that has essentially created a standard to turn arbitrary data attached to individual sats in a transaction into a non fungible asset on Bitcoin. This is really only made possible because Bitcoin implemented a software called Taproot in 2021.

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