NFTs on Bitcoin - How ordinals are shaking up the nonfungible token landscape Bitcoin BTC Ordinalsprotocol
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The Ord system inscribes each sat with content, thus creating bitcoin-native digital artifacts. Users are able to transfer and trade these uniquely-identified satoshis just as they would any normal bitcoin unit, and unlike most Ethereum NFTs, ordinals are stored entirely on-chain. By assigning a unique identifier to each satoshi, Ordinals enables a way to transform inherently fungible satoshis into non-fungible objects. This identifier makes them completely unique, just like NFTs.
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