Are ordinal NFTS bitcoin-native?

Unlike their predecessors, ordinal NFTs don’t exist on a separate layer from Bitcoin. Rather, they use an arbitrary but logical ordering system called ordinal theory to give each individual Bitcoin satoshi a unique number. In this regard, ordinal NFTs are completely Bitcoin-native.

What are NFTS & SATs in Bitcoin?

Each Bitcoin is broken into 100,000,000 units called satoshis (or sats). The new allows people who operate Bitcoin nodes to inscribe each sat with data, creating something called an Ordinal. That data inscribed on Bitcoin can include , which in turn enables NFTs. In rough terms, Ordinals are NFTs you can mint directly onto the Bitcoin

Is bitcoin a 'native' NFT?

Purists (called Bitcoin Maxis) labeled the protocol an attack on the network, while others began gleefully minting Inscriptions — Bitcoin’s “native” version of NFTs — to their heart’s content. Much attention has been paid to the global amount and order of Ordinals being minted on the Bitcoin chain.

How many ordinal NFTs are there?

Since their launch, over 200K ordinal NFTs have been minted by a growing community of users, developers, and enthusiasts who are excited about the potential of native Bitcoin NFTs. But what exactly are ordinal NFTs, how do they work, and why are they different?