A prominent non-fungible token (NFT) protocol based on the Bitcoin blockchain, “Ordinals,” surpassed an impressive benchmark in a significant turn of events.
The network’s transaction surged to 10 million a few days after the Ordinals creator, Rodarmor, announced stepping down from the project.
Reaching over 10 million inscriptions suggests that many transactions have occurred on the protocol. Casey Rodarmor tweeted that he had stepped down as the lead maintainer of Ordinals.
He claimed that he was not giving Ordinal full attention and handed over the role to a programmer, Raphjaph. He further emphasized that donations from the community will fund the coder’s work on the project.
Ordinals Protocol And Its Rapid Growth
Bitcoin Ordinals is a protocol that supports the transcription of a unique identifier to individual satoshis (SATs) to enable easy tracking during transactions.
After the launch of Ordinals in January, the protocol quickly gained popularity as a means to creat
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