The idea that Bitcoin ordinals “inscribe” data onto satoshis (the smallest unit of a bitcoin) is a common misconception in the cryptocurrency community. But the truth is, this is not how it works.
Data from crypto analytical firm Santiment has shown that AI token trade volumes have slumped to their lowest weekly level since January, signalling possible signs of a slow market.
The US Treasury announced last week that it had sold over 400 million dollars worth of Bitcoin According to on-chain data 8200 BTC has been transferred to an undisclosed wallet address This is the third time in 2021 that the US government has auctioned BTC from its reserves
Cryptocurrency ordinals have been widely discredited as a means to inscribe data onto a unit of satoshis. Contrary to popular belief, no such process exists to store data within Bitcoin transactions.
Universities are turning to blockchain technology to revolutionize the way they store and access data, offering increased security and improved data privacy.