Ordinals protocol sparks debate over the place for NFTs in the Bitcoin ecosystem By Cointelegraph

[ad_1]

© Reuters

The recent launch of a nonfungible token (NFT) protocol on the mainnet has the crypto community divided over whether it’ll be good for the Bitcoin ecosystem.

The protocol, referred to as “Ordinals,” was created by software engineer Casey Rodarmor, who officially launched the program on the Bitcoin mainnet following a Jan. 21 blog post.

Meme-inspired, NFT-like “digital artifacts” are now being inscribed on the Bitcoin network. Source: Ordinals