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Illya Gerasymchuk
Financial & Software Engineer

πŸ”’ When an address becomes the owner of an inscription on the Bitcoin blockchain, it gains the ability to transfer that inscription. This ownership is secured and verified by the Bitcoin network itself

User Illya Gerasymchuk -

2023-05-17 19:39

πŸ”’ When an address becomes the owner of an inscription on the Bitcoin blockchain, it gains the ability to transfer that inscription. This ownership is secured and verified by the Bitcoin network itself

User

πŸ—‚οΈ So, how does arbitrary data get stored on the Bitcoin blockchain using ordinals? Inscription content is serialized and included in the input of a reveal transaction, giving life to new forms of digital artifacts