News on March 10, according to data from Dune Analytics, the Bitcoin NFT protocol Ordinals launched by software engineer Casey Rodarmor had more than 30,000 inscriptions minted in a single day on March 9, a record high. Among them, the number of “text” type inscriptions is close to 27,000, accounting for 85%.
It is reported that Twitter user @domodata launched an innovative experiment “BRC-20” based on the Ordinals protocol yesterday, aiming to achieve the effect of issuing ERC-20 Token on the Ethereum network through the Ordinals protocol on the Bitcoin network.
The total number of inscriptions minted based on the Bitcoin NFT protocol Ordinals is close to 400,000, and the total fees generated so far have reached 75 BTC.