How Bitcoin Ordinals Can Affect the Next Bitcoin Halving.
29 Mar 2023, 15:36
📣 How Bitcoin Ordinals Can Affect the Next Bitcoin Halving
The next Bitcoin “halvening” will be unique because it will be the first to occur alongside the existence of Bitcoin Ordinals 🚀
ℹ️ The halvening occurs when the amount of Bitcoins entering circulation every ten minutes is cut in half, as well as block rewards for miners.
ℹ️ Bitcoin Ordinal theory refers to a protocol that allows each individual satoshi – the smallest unit of bitcoin – to be identified and tracked according to the order in which it was mined.
By their inherent nature and thanks to their increasing popularity helping to drive transaction fees higher, Bitcoin Ordinal inscriptions are a godsend for Bitcoin miners who may be apprehensive of the next “halvening.”
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Here's a quick guide on Bitcoin Ordinals 👈