Once the #transaction has been #executed, the Ordinals will be added to your wallet.
 
 

Create an #account, secure your seed phrase, and #deposit funds into the wallet.
 
 

#Taproot-compatible wallets must be used to buy Bitcoin Ordinals, such as the Ordinals #wallet, the Xverse and Hiro wallets. The Ordinals wallet is very straightforward to use, and the others are also similar:

#Taproot-compatible wallets must be used to buy Bitcoin Ordinals, such as the Ordinals #wallet, the Xverse and Hiro wallets. The Ordinals wallet is very straightforward to use, and the others are also similar:

which allows users to easily sign #transactions in cold storage, and atomic swaps with no #intermediary and a market fee of 2.7%. A system to verify creators is being developed to include creator royalties of 4.2%.

The Ordinals #market is entirely trustless, using the secure, partially signed #Bitcoin transactions (PSBT) technology,

Yet this hasn’t #contained people’s interest in Bitcoin NFTs, with hundreds of #thousands of newly minted digital artifacts emerging within only a few weeks from launch.

#Compared to the more popular NFTs traded via Ethereum and other #blockchains, Bitcoin Ordinals trading appears to be an obsolete method. 

While proper #infrastructure and marketplaces to trade Bitcoin Ordinals are being built, the #digital artifacts are traded peer-to-peer over-the-counter (OTC) in dedicated Discord servers, with escrows as intermediaries and tracked on Google sheets.

Wait for the NFT to be minted. Such a wait #depends on the fee you paid for the #process to be completed and may be hours or even days. You’ll be able to track the minting status through a link you’ll receive by email.
 
 

Copy and paste the #Bitcoin address where to send the digital artifact, which needs to be an #Ordinal-compatible address or a Taproot address.
 
 

Set up the #transaction fee #depending on how long you’d like to wait for your Ordinal to be minted.
 
 

The second method is more #straightforward and involves using a no-code tool, such as Gamma or #Ordinalsbot.com, to inscribe your ordinal NFT. Here’s how to mint your Ordinal on Gamma:

#Regardless of the wallet you’re using, make sure to have some #Bitcoin available to pay for the transaction fee.

an Ord wallet allows you to create #inscriptions and freeze the inscribed sats to prevent #accidental spending. Here’s how to set up an Ord wallet.

An Ord #wallet requires running a full node on 500GB #capacity. Unlike the Sparrow wallet,

However, using it does not #require running a full node. Here’s how to set up a #Sparrow wallet.

The Sparrow wallet is only #recommended for receiving Ordinals to avoid sending #Ordinals sats inadvertently.

Two types of #Bitcoin wallets can process Ordinals; they both must be Taproot-compatible and have a “coin control” capability to avoid #spending Ordinal satoshis as network fees or sending them accidentally in another transaction.

The BTC blockchain is effectively under the control of two mining entities, #undermining #BTC Maximalists’ oft-repeated mantra of ‘#decentralization.’

#Blockchain (NASDAQ: RIOT) and Marathon #Digital (NASDAQ: MARA) have lost up to 90% of their value since the year began.

Diminishing block rewards, coupled with supply chain disruptions and surging electricity costs, forced many miners to #sell the #tokens they’d amassed. Shares of publicly traded outfits such as #Riot

The concentration of #hash power caps off a year in which #mining operations struggled to stay afloat due to the plunge in fiat value of #BTC and other tokens

Similar #ratios apply to the number of #BTC blocks added to the chain, meaning the majority of block rewards are claimed by the top two entities.

Add in ViaBTC (#4) and Binance Pool (#5), and the top five #miners control over 85%, leaving the rest of the pack #scrambling over the scraps.

Today, add in the #third-ranked F2Pool, and the top three miners #control over two-thirds of the hash pie.

Earlier this year, it took the top three #BTC #mining entities to account for a similarly dominant chunk of the overall hash #pie

BTC.com data shows that a mere two mining entities—Foundry #USA and AntPool—currently #control over 51% of the #BTC network’s overall hash rate.

The BTC blockchain is effectively under the control of two #mining entities, undermining #BTC Maximalists’ oft-repeated mantra of ‘#decentralization

Argo #Blockchain sells Helios #mining facility for $65 million to Galaxy Digital

Smoke & miners: Myth of #BTC network ‘#decentralization’ #exposed

Compass #Mining wins $1.5M settlement against #hosting firm #Dynamics Corp

#Indonesia to launch national #digital #currency exchange amid incoming regulatory changes

The Goobers #NFT founder and Twitch streamer DNP3 admits to #gambling #investor funds

#Coindeal founders face fresh fraud charges over $45M pilfered from #investors

Colorado ex-funeral directors jailed for selling #body #parts A mother and her daughter dismembered hundreds of corpses, prosecutors in Colorado say.

What has Kevin #McCarthy given up, and at what price? The would-be #Speaker has offered guarantees to the rebels. But every concession comes with a cost.

BBC Kevin #McCarthy makes new concessions to rebels as third day of voting looms Could fresh #concessions by Kevin McCarthy to the rebels give him the Speaker votes he needs?

BBC It's not over for Kevin #McCarthy's House #Speaker bid - here's why It's the first time in a century a nominee has lost three votes - the House has given up until tomorrow.

Could #Trump become Speaker? Your questions answered With the #election for #Speaker of the House heading into the fourth day, many questions must be answered.

Lauren Boebert rejects Donald Trump's call to back Kevin #McCarthy The 20 holdouts are strong allies of the former #president - but won't back his choice for Speaker.

Why these #Republicans won’t vote for Kevin #McCarthy as US House speaker Twenty Republican lawmakers are refusing to back a speaker they say is too "status quo".

Could Republican George Santos face consequences for lying? The newly elected Republican #congressman from New #York faces #investigations for his fabrications.

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