Bitcoin NFTs — What are ordinals and why are they booming?
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Watch Cointelegraph Video: Bitcoin NFTs — What are ordinals and why are they booming?.
Independent developer Udi Wertheimer explains how ordinals are impacting the Bitcoin network and addresses the concerns around this new trend.
0:00 Intro
0:56 What are Bitcoin NFTs, and how do they work?
2:34 Are ordinals causing congestion on the Bitcoin network?
4:27 How can ordinals be beneficial to the Bitcoin network?
6:41 Is minting NFTs an appropriate use of Bitcoin?
8:52 What if inappropriate content is posted on the Bitcoin blockchain?
10:51 What is the future of Bitcoin NFTs?
12:23 Outro
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