Fun

News Feed - 2023-08-02 02:08:06

Tom Mitchelhill3 hours agoBitcoin Ordinals team launches nonprofit to grow protocol developmentThe Open Ordinals Institute aims to bolster the protocol’s future development as Ordinals inscriptions hit a milestone of 21 million.928 Total views56 Total sharesListen to article 0:00NewsJoin us on social networksA non-profit organization dedicated to growing the development of nonfungible tokens (NFTs) on Bitcoin (BTC) has been launched by the team behind the Bitcoin Ordinals protocol.


The California-based nonprofit called the Open Ordinals Institute will bolster the Ordinals protocol by providing funding to the team’s core developers, which includes the project’s pseudonymous lead maintainer, Raph.


In total, four team members will serve on the board of the new nonprofit: Raph; Bitcoin-focused podcast host Erin Redwing; an anonymous Ordinals developer known as Ordinally; and Ordinals creator Casey Rodarmor.The Ordinals protocol team is proud to announce the launch of the Open Ordinals Institute, a 501(c)(3) non-profit organization to foster the growth and advancement of the Bitcoin Ordinals protocol. Donations can be made at our website: https://t.co/H7ymKSL4VR— Open Ordinals Institute (@ordinalsorg) August 1, 2023


The Ordinals protocol was launched in January by Rodarmor. It rapidly became one of the most popular crypto trends with users rushing to inscribe assets on the Bitcoin blockchain, including NFTs and Bitcoin-based cryptocurrencies.


On May 28, Rodarmor stepped down as the protocol’s lead maintainer and handed the role over to Raph.I haven't been able to give ord the attention it deserves, so I am pleased to announce that @raphjaph has agreed to step up as lead maintainer!

Raph is an impoverished student, and his work on ord will be entirely funded by donations. If you can, please consider donating!…— Casey (@rodarmor) May 28, 2023


As of 5:30 pm UTC on Aug. 1, the total number of Bitcoin Ordinals inscriptions had topped 21 million, an auspicious milestone for users of the Bitcoin network.


Related:Bitcoin has entered a civil war — Over ‘art’


The team also launched the official website for the organization, Ordinals.org, allowing users to make donations and view updates to the project’s development.


According to the official website, any donations made to the Institute will be tax-deductible for United States taxpayers following the organization’s approval by the Internal Revenue Service, which it expects to occur sometime later this year.


Collect this article as an NFTto preserve this moment in history and show your support for independent journalism in the crypto space.


Magazine: Should you ‘orange pill’ children? The case for Bitcoin kids books# Bitcoin# Bitcoin Community# Non-Profits# BRC# NFT# Bitcoin OrdinalsAdd reactionAdd reactionRelated NewsHow to earn passive income with peer-to-peer lendingThe last Bitcoin: What will happen once all BTC are mined?Crypto trader weighs in on possible Bitcoin extinction scenariosBitcoin Ordinals volume hits $210M in Q2 — DappRadarVitalik Buterin wants Bitcoin to experiment with layer-2 solutions, just like EthereumBitcoin has entered a civil war — Over ‘art’

News Feed

Was the ETH price flash crash to $3,180 triggered by excessive leverage?
Marcel Pechman5 hours agoWas the ETH price flash crash to $3,180 triggered by excessive leverage?Demand for Ether leverage sharply increased in the past 24 hours, but data does not point to liquidations being the main dr
Brayden Lindrea8 hours agoDonald Trump’s Ethereum wallet holds $2.8M, new statement showsThe recent disclosure ups the figure disclosed in earlier records that said Trump held between $250,000 to $500,000 in an Ethereu
XRP Rich List: Top 20 Wallets Control Over 50% Of Supply, But Who’s Number 1?
Este artículo también está disponible en español. XRP, the native cryptocurrency of the Ripple network, has seen its price grow massively in recent months,allowing it to
Bitcoin Sell-Side Risk Ratio Just Dropped Under This Critical Level — What Next For BTC Price?
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Ternoa (CAPS), Transmit Your Memories and Private Data Thanks to the Blockchain
Ternoa (CAPS), Transmit Your Memories and Private Data Thanks to the Blockchain sponsored How can you make sure that your memories and private data are transmitte
BUIDL Your Dream Finance With Global Cryptocurrency Trading Platform BYDFi
BUIDL Your Dream Finance With Global Cryptocurrency Trading Platform BYDFi sponsored Have you ever dreamed about a crypto exchange that is committed to your financial flourishing? A
UK Police Return $5.4 Million to Cryptocurrency Fraud Victims
UK Police Return $5.4 Million to Cryptocurrency Fraud Victims The U.K. police have returned over $5.4 million to victims of an international cryptocurrency scam. The police say tha
Holding Bitcoin now profitable 99.92% of all days
Arijit Sarkar12 hours agoHolding Bitcoin now profitable 99.92% of all daysBitcoin purchased between March 9–13 and March 25–29 is currently at a loss, representing 0.16%, or just six days in the last 3,732 tradable d
Crypto.com gets green light to trade in Dubai
Savannah Fortis13 hours agoCrypto.com gets green light to trade in DubaiCrypto.com’s Dubai-based entity received full operational approval from Dubai’s virtual asset regulator, becoming the first exchange in the UAE
WATCH: Our On Tap Meetup in Tokyo United Japanese Blockchain Fans With the Global Makers
What do you get when you give a bunch of crypto fans a bunch of beer and pizza? If you answered “an amazing meetup featuring devs and explorers from all over the world,” then you’re absolutely correct.
Ordinal Inscriptions Take the NFT World by Storm: Over 50,000 Added to the Bitcoin Blockchain in 2023
Ordinal Inscriptions Take the NFT World by Storm: Over 50,000 Added to the Bitcoin Blockchain in 2023 As of Friday, Feb. 10, 2023, the Bitcoin blockchain had seen the addition of m
Bitcoin Price Just Crashed 7% On Trump’s Tariff Shock
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu