Cryptocurrency Q&A
Are ordinals on chain?
Are ordinals on chain?
BitcoinWarrior
Sun Oct 13 2024
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7 answers
1888
I'm trying to understand if ordinals, like first, second, third, etc., can be considered as part of a chain or sequence. Are they inherently linked in a specific order?
7 answers
DigitalLordGuard
Tue Oct 15 2024
The concept of On-Chain Data Storage revolutionizes the way data is preserved and accessed in the realm of non-fungible tokens (NFTs).
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CryptoWizardry
Tue Oct 15 2024
Traditionally, NFTs have relied on off-chain storage, which involves keeping the actual data outside the blockchain, leading to potential vulnerabilities and dependencies on external sources.
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CryptoBaroness
Tue Oct 15 2024
Ordinals, on the other hand, adopt a novel approach by embedding data directly onto the Bitcoin blockchain. This innovative method guarantees unparalleled immutability and security for the stored information.
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Tommaso
Mon Oct 14 2024
By inscribing data permanently onto the Bitcoin blockchain, Ordinals eliminate the need for external links or storage solutions, significantly reducing the risk of data loss or tampering.
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CharmedVoyager
Mon Oct 14 2024
The Bitcoin blockchain, known for its robust security and decentralization, serves as the ultimate safeguard for Ordinal-based data. This not only ensures the authenticity of the stored information but also facilitates seamless verification and retrieval.
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