Nifty News: Bitcoin NFTs cause spicy fees, Mastercard exec tokenizes resignation letter and more By Cointelegraph

[ad_1]

© Reuters.

Ordinals causes fees to spike

The Bitcoin (BTC)-native Ordinals protocol is taking up record-breaking space on the blockchain and in the process is hiking the transaction fees on the network.

The divisive newly launched protocol allows for nonfungible token (NFT)-esque assets on the Bitcoin mainnet by inscribing satoshis with content.

The 31.2 kilobyte DOOM clone (pictured) will now forever be playable on Bitcoin. Image: Ordinals

Mastercard’s NFT lead quits on bad terms, sells resignation letter as NFT

eBay (NASDAQ:) eyes talent for its acquired NFT marketplace

OpenSea rolls out suite of tools for NFT creators

Other Nifty News: