Cryptocurrency Q&A What network are Ordinals on?

What network are Ordinals on?

Martina Martina Sun Jun 23 2024 | 7 answers 1769
Could you elaborate on the network that Ordinals operate on? I'm curious to understand the underlying infrastructure that supports this cryptocurrency and its transactions. Is it a decentralized network like Ethereum, or does it utilize a different blockchain technology? I'm also interested in knowing if there are any specific features or advantages that the Ordinals network provides, compared to other popular blockchain platforms. Understanding the network's architecture and ecosystem is crucial for investors and enthusiasts alike. What network are Ordinals on?

7 answers

Carolina Carolina Tue Jun 25 2024
Ordinals leverage the underlying technology of Bitcoin to provide a secure and decentralized platform for asset creation and management.

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Alessandra Alessandra Tue Jun 25 2024
BTCC, a UK-based cryptocurrency exchange, is among the leading platforms that support the creation and trading of ordinals. The exchange offers a comprehensive suite of services including spot trading, futures contracts, and secure digital wallets.

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CherryBlossomFall CherryBlossomFall Tue Jun 25 2024
By utilizing the Bitcoin blockchain, ordinals ensure the authenticity and scarcity of the assets created, making them highly sought-after by investors and collectors.

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BlockchainWizardGuard BlockchainWizardGuard Tue Jun 25 2024
The process of creating ordinals is streamlined and user-friendly, allowing individuals and businesses to easily generate and distribute their own digital assets.

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Federico Federico Tue Jun 25 2024
The advent of ordinals marks a significant milestone in the evolution of digital assets on the Bitcoin blockchain.

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