• Inscription mints via Bitcoin Ordinals reached a daily ATH.
• The BRC-20 experiment has been deployed but users may need to be careful with minting in mass numbers.

Quite a number of people cast doubts over the long-term relevance of Bitcoin [BTC] Ordinals after it launched in January.

The reason for this was because of the projection that miners would hesitate to work on NFTs within the Bitcoin network. But the recent landmark hit on 9 March, might have put an abrupt end to the skepticism. 

How much are 1,10,100 BTCs worth today?

BRC-20: The spear opposing the doubting Thomases

According to Dune Analytics, the number of Ordinals Inscriptions minted on the aforementioned data hit an All-Time High (ATH) of 31.692. The new frontier on the Bitcoin blockchain now has 392, 495 Inscriptions since inception.

These digital assets range from texts, audio, and applications to images. However, Inscriptions was able to reach the milestone mostly because of the text carving dominance. 

This was because the information from the public blockchain tracker revealed that others were far off from reaching the share text Inscriptions gained. 

Moreso, most of the Inscriptions appeared after the BRC-20 execution. The BRC-20 offers a way for Ordinals users to mint and transfer their assets within the Bitcoin blockchain.

Go to Source to See Full Article
Author: Victor Olanrewaju

Did you like this?
Tip BTC Newswire with Cryptocurrency

• Bitcoin
• Bitcoin Cash
• Ethereum
• Litecoin
• Monero
• ZCash

Donate Bitcoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Bitcoin Cash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Ethereum to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Ether:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Litecoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Litecoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Monero to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Monero:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate ZCash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some ZCash:

Copy ZCash Address

[X] Click Here to Hide Donation Details