What is inscriptions?
" #Inscriptions " refer to the metadata incorporated or "engraved" onto Bitcoin satoshis (sats), the tiniest increments of the Bitcoin currency. This includes information linked to transactions and exists exclusively as digital entries or "digital artifacts" on the Bitcoin blockchain – the transparent ledger encompassing all bitcoin transactions.
Ordinals result from inscriptions within Bitcoin transactions, involving both inputs and outputs. Inputs signify the addresses sending the Bitcoin, while outputs denote the addresses receiving it. Inscriptions adhere to a block space allocation for each satoshi, with a maximum size capped at approximately 4 MB.
While satoshis themselves lack inherent inscriptions, supplemental data in the form of transaction comments, messages, or assets can be engraved onto a satoshi, constituting an inscription. This enables the inclusion of any information the sender desires to associate with the transaction, provided it complies with the block size limit.
" #Inscriptions " refer to the metadata incorporated or "engraved" onto Bitcoin satoshis (sats), the tiniest increments of the Bitcoin currency. This includes information linked to transactions and exists exclusively as digital entries or "digital artifacts" on the Bitcoin blockchain – the transparent ledger encompassing all bitcoin transactions.
Ordinals result from inscriptions within Bitcoin transactions, involving both inputs and outputs. Inputs signify the addresses sending the Bitcoin, while outputs denote the addresses receiving it. Inscriptions adhere to a block space allocation for each satoshi, with a maximum size capped at approximately 4 MB.
While satoshis themselves lack inherent inscriptions, supplemental data in the form of transaction comments, messages, or assets can be engraved onto a satoshi, constituting an inscription. This enables the inclusion of any information the sender desires to associate with the transaction, provided it complies with the block size limit.
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