Ordinals are the new thing taking Bitcoin by storm. In April 2023 alone, the daily record for inscriptions using Ordinals was broken four times as users flooded the network with images, video games, and other content.
Ordinal Inscriptions, similar to NFTs, are digital assets inscribed on a satoshi, the lowest denomination of a Bitcoin (BTC). Inscribing on satoshis, named after the pseudonymous creator of Bitcoin, Satoshi Nakamoto, is possible thanks to the Taproot upgrade launched on the Bitcoin network on November 14, 2021.
