Who needs actual art when you can inscribe digital artifacts on satoshis?

GM Guys and Gals,

Breaking News: Yuga Labs Drops Bitcoin Ordinals Collection 🥳

In a move that has left the world reeling with indifference, Yuga Labs has released its new "TwelveFold" collection on the Bitcoin blockchain. The limited edition collection consists of 300 generative works inscribed on satoshis, which are apparently the atomic composites of one Bitcoin.

For those of you who don't speak nerd, non-fungible tokens on the Bitcoin blockchain are called Ordinals, which are "digital artefacts" that are created by inscribing satoshis with machine-readable language. Apparently, this has something to do with the immutable nature of Bitcoin itself.

But let's be real, who cares?

In a world where NFTs reign supreme and digital art is fetching millions of dollars, Yuga Labs has decided to release a project that "bears more difference than resemblance" to NFTs. Great job, guys!

The whole thing was initiated by some guy named Casey Rodarmor, who once worked for Bitcoin Core. We're not really sure what that means, but it sounds important.

The key difference between NFTs and Bitcoin Ordinals is that NFTs point to off-chain data for the IPFS coming from a base protocol for interoperability, while Bitcoin Ordinals do not require anything inscribed as such towards an off-chain destination.

So basically, it's like the difference between a hamburger and a cheeseburger. They're both burgers, but one has cheese on it.

In any case, we're sure this groundbreaking development will have a profound impact on something. Until then, we'll just be over here, yawning.

As the crypto world continues to evolve, we will keep you updated on all the latest developments. Stay tuned for more updates from Web3shala.

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That’s it for the day, Web3Shala 👋

To the Moon 🚀