The inscription of the Bitcoin statutory number exceeds 5 million after doubling in one week: data

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Von: Krypto News Österreich

Ordnungsinschriften brennen. Benutzer überschwemmen das Bitcoin-Netzwerk kontinuierlich mit Bildern, Videospielen und anderen Inhalten. Mittlerweile gibt es mehr als 5 Millionen Inschriften. In den letzten sieben Tagen hat sich die Gesamtzahl der Einschreibungen von 2,5 Millionen mehr als verdoppelt. Ordnungszahlen schießen in die Höhe Laut Daten von Dune Analytics machten textbasierte Inschriften, auch bekannt als BRC-20-Token-Standard, einen Großteil der ordinalen Inschrift von Bitcoin aus. Zum Zeitpunkt des Verfassens dieses Artikels lag seine Dominanz bei 86,52 %. Bildbasierte Beschriftungen hingegen hatten mit 9,5 % einen relativ geringeren Platzbedarf. Die Gesamtmarktkapitalisierung von BRC-20-Token wurde zum Zeitpunkt des Verfassens dieses Artikels mit 690 Millionen US-Dollar …
Burning regulatory inscriptions. Users flood the Bitcoin network continuously with pictures, video games and other content. There are now more than 5 million inscriptions. In the past seven days, the total number of registration of 2.5 million has more than doubled. According to Dune Analytics, the number-based inscriptions, also known as BRC-20-token standard, make a large part of the ordinal inscription from Bitcoin, according to data from Dune Analytics. At the time of writing this article, its dominance was 86.52 %. In contrast, image -based labels had a relatively lower space requirement at 9.5%. The overall market capitalization of BRC-20-token became $ 690 million at the time of the writing of this article ... (Symbolbild/KNAT)

regulatory inscriptions burn. Users flood the Bitcoin network continuously with pictures, video games and other content.

There are now more than 5 million inscriptions. In the last seven days, the total number of registration of 2.5 million has more than doubled.

order numbers shoot in height

According to data from Dune Analytics, text-based inscriptions, also known as BRC-20-token standard, made a large part of the ordinary inscription from Bitcoin. At the time of writing this article, its dominance was 86.52 %. In contrast, image -based labels had a relatively lower space requirement at 9.5%.

The overall market capitalization of BRC-20 token was specified at the time of the writing of this article with $ 690 million. A total of 14,200 new tokens are currently being hosted on the Bitcoin blockchain. Riding on the hype of Pepe, even a Bitcoin-based version of the memes Coin made it to 3rd place in terms of market capitalization. The first two positions were taken by Bitcoin-based token called "Ordi" and "Nals".

Ordinal inscriptions are digital assets, similar to NFTS, which are inscribed on a Satoshi in the Bitcoin network, a process that was made possible by Taproot

This week Binance revealed plans to support Bitcoin Ordinals on his NFT marketplace. The crypto exchange will also offer the creators of license fees and additional options for generating income.

positive side effect? ​​

The resurrection of the ordinal craze has led to an increase in Bitcoin network activity, including new highs in transactions. However, the subsequent overload of the network triggered concerns in the community.

The increased demand for Bitcoins block room led to a corresponding increase in transaction fees. Data from Bitinfocharts showed that the transaction fees of the Bitcoin network explode to around $ 31, a level that was last recorded in April 2021.

increasing transaction fees and longer confirmation maintenance times have made it more difficult to use the flagship crypto-asset for small transactions. However, the outbreak of new activities is regarded as a positive side effect for the Bitcoin miner, since the transaction fees exceed the regular mining subsidies.

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