Ordinals

Ordinals refer to a method of numbering satoshis, the smallest unit of Bitcoin, on the Bitcoin blockchain. By assigning a unique ordinal number to each satoshi, it allows users to track and identify individual satoshis, making them non-fungible in nature. This concept has gained popularity within the Bitcoin community, especially for the creation of digital collectibles and NFTs directly on the Bitcoin network. Ordinals thus facilitate a new way of engaging with Bitcoin, enhancing its utility beyond simple transactions.