With the latest non-fungible token (NFT) trend on the Bitcoin blockchain, known as Bitcoin Stamps, users have issued more than 18,000 digital collectibles on the network. While this figure falls short of the number of Ordinal inscriptions, stamp creators are exploring new ways to leverage this technology.
Number of Bitcoin Stamps Rises Above 18,000
A mere 17 days ago, Bitcoin.com News reported on the trend of Bitcoin Stamps, as more than 8,000 stamps had been minted on the Bitcoin blockchain. Since then, the tally has grown to 18,443 stamps. The trend of creating stamps began following the craze of Ordinal inscriptions, and proponents of stamp technology argue that it enhances permanence, as stamps cannot be pruned like witness or signature data.
Stamp creation comes with a higher price tag than Ordinal inscriptions, and the creators suggest using “24×24 pixel, 8-color-depth PNG or GIF” files for encoding stamps. However, creators have managed to develop high-resolution artwork using scalable vector graphics (SVGs). Recently, a user managed to attach an MP3 to a stamp, and the classic game of Snake was also appended to a stamp.
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Author: Jamie Redman
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