Quote from: franky1 on Today at 09:25:28 AM

Quote from: nutildah on Today at 09:02:02 AM

Its worth pointing out that Ordinals by themselves are harmless: it is just a method of de-fungifying individual satoshis so that each one in essence can be seen as an NFT.

ordinals dont do that

It does. Read the description from its creator.

Quote from: rodarmor on December 21, 2022, 12:52:36 AM

I just necroposted to an old thread in which Johnson Lau came up with a numbering system for satoshis, which I independently also came up with a decade later. I think it's worth giving its own thread, so I'll copy what I posted here:

So, funny story, in the beginning of 2022, I came up with the exact same scheme discussed in this thread. After I finished the scheme, I realized that it was basically serial numbers for satoshis, typed "satoshi serial numbers" into Google, and found this post. It feels natural extension to bitcoin, so it makes sense that multiple people have come up with it over the years.

I called it "ordinal theory" or "ordinals", because it uses order in multiple places:

The order of satoshis in the supply of satoshis, for numbering
The order of inputs and outputs of a transaction, for inheritance
The order of transactions in a block, for inheritance of fees

I've spent the last year implementing it, so just 10 years after the OP, you can finally try it out!

The binary, written in Rust, is called ord, and the code is on GitHub at https://github.com/casey/ord.

I has a bunch of functionality:
...

An index that connects to a Bitcoin Core node instance and tracks the location of all sats.

...

A rarity system: common = not the sat of the block, uncommon = first sat of the block, rare = first sat after a difficulty adjustment, epic = first sat after a halving, legendary = first sat after a conjunction, which is the difficulty adjustment and the halving happening on the same block, which happens every 6 halvings, and mythic = first sat of genesis block.