Post
Topic
Board Bitcoin Discussion
Re: Unique Identifier
by
tread93
on 01/09/2024, 12:31:36 UTC
Does each satoshi have a unique identifier?

Bitcoin Ordinals protocol( launched in 2023, just DYOR) allows to inscribe each individual satoshi and set to them the unique identifiers. Those satoshes can be traced (with the relevant wallet app,  like Ordinals Wallet) and traded . Moreover some people believe that so called rare  satoshis are more valuable that other ones and sell/buy them on overestimated price. I'm not in their class and believe  that all  satoshis are equal in their value.




I think the best use case for OPs question and the closest thing to a serialized piece of Bitcoin would be the rare SATs ordinals and I for one think they’re pretty cool and add some new “features” to Bitcoin that we otherwise didn’t have before. Lots of folks don’t like it though because it slowed down the network and increased transactions fees for a time and that is and has changed and is still changing and improving. I do love the idea though of very small amounts of BTC being put on let’s call them “Bitcoin Bucks” and made as a novelty and collectible for the masses.