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.
Synthetix is tackling counterparty risk with its new Infinex derivatives exchange, which boasts features such as an advanced order matching engine and a risk management platform. With the ability to securely trade derivatives with little to no risk, Synthetix is ushering in a new era of simplified trading.