= Ordinal ruleset inscription
{title2=2022-}
Ordinals are inscriptions created with the protocol described at: https://docs.ordinals.com/inscriptions.html The protocol was designed by developer Casey Rodarmor, and shares a few similarities wit hthe <AtomSea & EMBII> protocol.
The protocol also includes a way to have ownership over inscriptions, effectively creating an <NFT> system on top of the bitcoin blockchain. <AtomSea & EMBII> also already had such a system however. In either case, <Ciro Santilli> couldn't give less of a fuck about who owns some random publicly viewable digital asset.
For whatever reason, orinals became extremelly popular compared to the <AtomSea & EMBII> format, leading to millions os inscriptions, and 10k+ images as of block 830k. They also started to take up a substatial portion of the available block space.
This in turn led to a lot of <child porn> rediscussion, and people linking back to this page to view earlier inscriptions: <incoming links>.
* https://www.reddit.com/r/Buttcoin/comments/10rbkas/ordinals_nft_was_used_to_store_terrible_porn/
Unfortunately, unlike <AtomSea & EMBII> and even <cryptograffiti.info> uploads, most ordinals are designed to be just <Ordinal ruleset inscription collection>[souless bulk collectibles], as with as much artistic merit as any random collectible card set or postage stamps you may find at a newpaper stall. To make things worse many of them are likely algorithmically generated. <Eternal September> had truly arrived to the <Bitcoin blockchain>. As a result, <machine learning> would be almost essential in order to find interesting uploads amidst such bulk.
The source code for the reference uploader and indexer is at: https://github.com/ordinals/ord[]
The reference viewer server for the runs at: <ordinals.com>.
\Image[https://raw.githubusercontent.com/cirosantilli/media/master/bitcoin-inscription-indexer/data/bin/6fb976ab49dcec017f1e201e84395983204ae1a7c2abf7ced0a85d692e442799-0.png]
{{title=Ordinal #0}}
{description=This is the first <ordinal ruleset inscription>: https://ordinals.com/inscription/6fb976ab49dcec017f1e201e84395983204ae1a7c2abf7ced0a85d692e442799i0[]. It was made on block 767430 (https://www.blockchain.com/explorer/blocks/btc/767430[2022-12-14]).}
The `i0` at the end of the URL above means "inscription 0". This is because a single transaction can have multiple inscriptions.
Some of them have sold for high prices. <Magic Eden> is a popular interface for trading them:
* 2023-12-08: \#8 was sold dor 10.4 BTChttps://cryptopotato.com/this-bitcoin-ordinals-inscription-was-sold-for-the-highest-price-ever/{ref} (~\$450,000 at the time)
\Image[https://raw.githubusercontent.com/cirosantilli/media/master/bitcoin-inscription-indexer/data/bin/d95c0fb86bc0f0dce6a732c5ab77d47e33ed24099bdb01133f768cef75a47724-0.png]
{{title=Ordinal #8}}
{description=On <ordinals.com>: https://ordinals.com/inscription/d95c0fb86bc0f0dce6a732c5ab77d47e33ed24099bdb01133f768cef75a47724i0}
The ordinals also started taking up large portions of the Bitcoin blockchain:
* https://dune.com/dataalways/ordinals
* https://research.aimultiple.com/bitcoins-block-space/
Apparently the "Taproot" Bitcoin update made it easier to upload image-sized data once again, which had become prohibitively expensive 2023 and much earlier:
* https://protos.com/did-taproot-ruin-bitcoin-with-nft-inscriptions-of-monkey-jpegs/
* https://ordinals.com/ appears to index some types of ordinals
Bibliography:
* https://blocktelegraph.io/parent-child-bitcoin-inscriptions/ parent-child relationshipsi are possible between two ordinals
* https://ordinals.com/
* https://bitcoin.stackexchange.com/questions/117018/understanding-how-ordinals-work-with-the-bitcoin-blockchain-what-is-exactly-sto
* https://bitcoin.stackexchange.com/questions/118405/read-ordinal-transaction-data
* https://bitcoin.stackexchange.com/questions/118247/can-someone-explain-the-byte-composition-of-an-inscription-reveal-transaction
* https://nftnow.com/guides/bitcoin-nfts-most-notable-ordinals-inscriptions/