6min chapter

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WTF Are Bitcoin Ordinals?

nft now podcast

CHAPTER

The 2080 Rule for Smart Contracts Implemented on Bitcoin

ordinal theory is a new paradigm of application development on Bitcoin. It's the idea of using this arbitrary storage or like using the storage to put any type of information and then being able to index it through node software. And so with BRC 20s, they essentially did the same thing, but they put the way of counting and tracking as an indexer separate from Bitcoin. We're also going to see what I'm calling front end applications for decentralized assets such as Fungible tokens.

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