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What is ORDI?
ORDI is a cryptocurrency that works with inscriptions on the Bitcoin blockchain
ORDI allows information, including text, images, sound, and video to be written into a satoshi, the smallest unit on the Bitcoin network.Â
Brief History
Ordinals is a cryptocurrency project built on the Bitcoin protocol, and the first cryptocurrency to leverage the BRC-20 token standard. Ordinals contain data such as text and images that are represented as NFTs and tokens. Â
ORDIÂ - in their own words
Ordinals are a numbering scheme for satoshis that allows tracking and transferring individual sats. These numbers are called ordinal numbers. Satoshis are numbered in the order in which they're mined, and transferred from transaction inputs to transaction outputs first-in-first-out. Both the numbering scheme and the transfer scheme rely on order, the numbering scheme on the order in which satoshis are mined, and the transfer scheme on the order of transaction inputs and outputs. Thus the name, ordinals.
For more information on Ordinals, click here.
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