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Bitcoin Ordinals are creating new possibilities for the Bitcoin network by allowing users to create inscriptions stored on individual Satoshis. For more than a decade, the primary narratives surrounding Bitcoin (BTC) have focused on its role as a peer-to-peer digital cash and store of value. However, all indications suggest that we are witnessing a significant shift in this paradigm. Since the beginning of 2023, one of the most discussed topics in the Bitcoin ecosystem has been the use of the world's leading blockchain to store information that goes beyond the previously mentioned use cases. Related: Bitcoin fragments could become more valuable than full Bitcoins If you have been isolated in an igloo during this crypto winter and are unaware of the developments, here is a brief overview. In January 2023, developer Casey Rodamor introduced Ordinals to the world, a protocol that allows you to permanently inscribe any file into the Bitcoin blockchain. This wasn't the first method...

“Every time someone builds an application that’s cool on Bitcoin, like all the Ordinals and inscriptions and whatever that are driving up transaction fees, it’s a catalyst,” the MicroStrategy co-founder explained. advertisement I stopped by @PBDsPodcast this morning to discuss currencies, crypto, politics, #bitcoin, banking, macro, money, and the media with @patrickbetdavid. https://t.co/IctlB4l7gN pic.twitter.com/e6ljbGM124 — Michael Saylor ⚡️ (@saylor) May 9, 2023 Trending Stories MATIC Price Analysis : Polygon Price Losing Monthly Support Hints an Upcoming fall of 15%; Keep Holding? 24/7 Cryptocurrency News Market Correction offers Discount Opportunity in these Large Cap Cryptocurrencies; Buy Today? 24/7 Cryptocurrency News Cardano Price Analysis : Sellers in Control may Pressurize ADA Price for 18% Fall; Sell or Hold? 24/7 Cryptocurrency News XRP Price Analysis : XR...

Currently, over two-thirds of voters on a Twitter poll said the missed inscriptions should be added at a later date instead of there being a retroactive reshuffling. A few solutions are being discussed to fix a code bug found in the Bitcoin (BTC)-native Ordinals protocol which has prevented over 1,200 inscriptions from being validated. While nearly every member of the Ordinals community agrees that these inscription requests should be reincluded, the community is debating whether they should be added retroactively or not. The bug came from the indexer function of the protocol only counting inscription s that were in the first input of a transaction submitted up to and including version 0.5.1 of the protocol. One prominent Ordinals member known on Twitter as “Leonidas.og” summarized the pros and cons of each solution in an April 10 tweet, coming a few days after the issue was first made public on April 5 by the GitHub user “veryordinally.” A bug was found in the ordinals protocol that ...