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Ordinal Theory Explained: Satoshi Serial Numbers and NFTs on Bitcoin
Hell Money
How to Do NFTs on Bitcoin?
NFTs can only be used in a way that is culturally acceptable to Bitcoiners. To make NFTs work with Bitcoin, the author came up with an algorithm based on ordinals. Ordinals are serial numbers for satoshis; they're created in the order of mined coins. The first block created ordinals 0 through 5 billion minus 1,. Second block created ordinal 5 billion to 10 billion minus 1. And each transaction is a list of inputs and a list of outputs.
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