6min chapter

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WTF Are Bitcoin Ordinals?

nft now podcast

CHAPTER

The Transformation of Bitcoin

In 2017, SegWit was introduced to Bitcoin that created this thing called the segregated witness. The data is actually stored differently than the rest of the transaction. It kind of opened up this avenue for really inexpensive permanent data storage. But historically, fees have been so low on Bitcoin that it's open ended.

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