Vitalik Buterin applauds the “builder” culture the Bitcoin’s Ordinals project’s rise is bringing to counteract the “laser-eye” movement championed by maximalists.

Trading volume for Bitcoin’s ordinals rose 2834% from Q1 to reach $210 million in Q2, as per the latest DappRadar report.

Ordinals Rise Can Help Bitcoiners Learn From Ethereum’s Builder Culture

The number of trades and unique traders also rose to 554,215 and 150,969.

Bitcoin’s Ordinals protocol “inscribes” data of digital files on Satoshis, the smallest unit of exchange on the Bitcoin blockchain. It then tracks these Satoshis as they move through the Bitcoin.

Bitcoin Ordinals volume rose exponentially in Q2, and Vitalik Buterin hopes Ethereum developers will inspire Bitcoin developers to do more.
Ordinals Sales Volumes Skyrocketed in Q2 | Source: DAppRadar

Developer Casey Rodamor pioneered the Oridnals protocol after Bitcoin’s Taproot upgrade. The project has increased demand for block space on the network and helped create a healthier Go to Source to See Full Article
Author: David Thomas

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