My searches on what Ordinals really is talks about, Ordinals being some Bitcoin NFT, where Satoshi Nakamoto assigned some signatures to the sats that could serve as an NFT (Non Fungible Tokens).
Satoshi never did that, it's mentioned by Casey Rodarmor as part of Ordinal theory.
where Satoshi Nakamoto assigned some signatures to the sats that could serve as an NFT (Non Fungible Tokens).
Satoshi didn't do that. Someone else created this whole fakery!
Oh wow, impression noted and corrected.
Though, that’s not the point but,
While it talked about having certain signatures attached to the sats, isn’t this applicable to every other sats out there, to serve as a unique unit of there own with them signatures?
At least for ordinal numbering purpose, the answer in yes.
There is not much to halving except that many people thought that their token could have a higher value if it was written in a specific halving block.
I’m essence, it’s just the same as with every sat which is though significant as per numbering, I really find little to no significance as per its placement in the blocks anyway. It’s not the first block ever, is it and as such, it doesn’t really matter.
For the most, it doesn’t really matter what block it is, that’s as insignificant as every other block.
By using up most of the block space storing ordinals, it makes transaction fees higher, which makes it more expensive for us to send money on-chain.
For what is worth, this is something I find the most recent halving and this whole Ordinal shit to have been tailored with. Like, how could such a thing that isn’t really helping as per the ease of Bitcoin transaction be of any value to the whole technology in itself, it just doesn’t work by letting it stay!