{"id":147613,"date":"2023-08-02T07:31:47","date_gmt":"2023-08-02T07:31:47","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=147613"},"modified":"2023-11-06T13:44:42","modified_gmt":"2023-11-06T13:44:42","slug":"bitcoin-ordinals-debuts-open-ordinals-institute","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/bitcoin-ordinals-debuts-open-ordinals-institute\/","title":{"rendered":"Bitcoin Ordinals Team Launches Non-Profit for Protocol Development"},"content":{"rendered":"
The pioneering minds behind the Bitcoin<\/a> Ordinals protocol have unveiled their latest venture: the Open Ordinals Institute. This newly established non-profit organization is on a mission to supercharge the development of the Ordinals protocol<\/a>,<\/strong> a revolutionary technology that enables the integration of non-fungible tokens (NFTs) into the Bitcoin blockchain.<\/p>\n This effort corresponds with the protocol’s most recent milestone\u2014the total number of inscriptions on the Bitcoin blockchain has recently topped 21 million.<\/strong><\/p>\n Conceived earlier this year by developer Casey Rodarmor, the Ordinals protocol<\/a> has swiftly carved out a niche for itself as a hub of ingenuity within the ecosystem of the oldest cryptocurrency, Bitcoin. This protocol empowers individuals to assign diverse data, be it art, profile pictures, or interactive games, to a single satoshi\u2014a unit equivalent to 1\/100,000,000 of a Bitcoin.<\/p>\n 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<\/a><\/p>\n — Open Ordinals Institute (@ordinalsorg) August 1, 2023<\/a><\/p><\/blockquote>\nBitcoin Ordinals Team Unveils the Open Ordinals Institute<\/h2>\n
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