{"id":269630,"date":"2023-06-21T08:56:31","date_gmt":"2023-06-20T23:56:31","guid":{"rendered":"https:\/\/www.singapore-startup.com\/?p=269630"},"modified":"2023-06-22T08:12:22","modified_gmt":"2023-06-21T23:12:22","slug":"guide-how-to-create-ordinal-nfts-on-bitcoin","status":"publish","type":"post","link":"https:\/\/www.singapore-startup.com\/?p=269630&lang=en","title":{"rendered":"Guide: How to Create Ordinal NFTs on Bitcoin"},"content":{"rendered":"<div class=\"aafe36d7afa19a8010513acdd90193c0\" data-index=\"1\" style=\"float: none; margin:0px 0 0px 0; text-align:center;\">\n<center>Sponsored Link<\/center>\r\n<script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\r\n<!-- Article upper_singapore-startup.com -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-8303070969424899\"\r\n     data-ad-slot=\"5656608650\"\r\n     data-ad-format=\"rectangle\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\n<\/div>\n<h2><span>In this article, we will provide a detailed overview of Bitcoin NFTs and how to use their wallets.<\/span><\/h2>\n<p><span>\u3000In this article, we will provide a detailed overview of Bitcoin NFTs and how to use their wallets.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><span>What is a Bitcoin NFT?<\/span><\/h2>\n<p>\u3000Bitcoin NFTs, also known as Non-Fungible Tokens, differ from the NFTs widely known as Ethereum-based tokens. They are specifically referred to as Ordinal NFTs or Bitcoin Ordinals. The introduction of &#8220;Inscriptions&#8221; on the Bitcoin mainnet in January 2023 enabled the creation of Ordinal NFTs.<\/p>\n<p>\u3000Ordinal NFTs utilize the Ordinal theory through the Ordinal protocol and rely on Inscriptions. The Ordinal protocol aims to &#8220;assign individual identifiers to Satoshis (the smallest unit of Bitcoin), track and transfer them, and give them meaning.&#8221;<\/p>\n<p>Essentially, the Ordinal protocol assigns sequential numbers to each Satoshi, and once assigned, each Satoshi is described (Inscribed) with data such as images, text, or videos through Bitcoin transactions.<\/p>\n<p>Once the transaction is mined, the associated data becomes a permanent part of the Bitcoin blockchain and can be viewed through Ordinal-enabled Bitcoin wallets or online Ordinal viewers.<\/p>\n<p>&nbsp;<\/p>\n<p>\u3000The main difference between Ordinal NFTs and other NFTs lies in the way data is stored. Many NFTs are created using the Ethereum blockchain and adhere to the ERC-721 Non-Fungible Token Standard, which outlines how NFTs are created to be recognized within the Ethereum ecosystem.<\/p>\n<p>However, Bitcoin&#8217;s Ordinal NFTs differ in that they lack a separate file for referenceable metadata describing the NFT. Instead, all data files exist within the witness signature field of the Bitcoin transaction. This means that the entire Ordinal NFT &#8220;lives&#8221; on the blockchain.<\/p>\n<p>&nbsp;<\/p>\n<h2><span>What wallet supports Bitcoin NFTs?<\/span><\/h2>\n<p><span>\u3000To create and trade Bitcoin NFTs, you need a wallet that supports Bitcoin NFTs. One such wallet is &#8220;Sparrow Wallet.&#8221;<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><span>The usage of Sparrow Wallet is as follows:<\/span><\/h2>\n<p>1. Download and install Sparrow Wallet.<\/p>\n<p>2. Send Bitcoin to the wallet by clicking on the &#8220;Receive&#8221; tab and selecting &#8220;New Address&#8221;. Send the Bitcoin to the address displayed.<\/p>\n<p>3. Create a new transaction by clicking on the &#8220;Send&#8221; tab and creating a new transaction.<\/p>\n<p>However, I was unable to confirm some of the specific steps. Therefore, I recommend referring to the <span style=\"text-decoration: underline; color: #0000ff;\"><a href=\"https:\/\/www.sparrowwallet.com\/docs\/\" style=\"color: #0000ff; text-decoration: underline;\">official documentation of Sparrow Wallet<\/a><\/span> for detailed instructions.<\/p>\n<p>&nbsp;<\/p>\n<p>\u3000Above is the basic information about wallets that support Bitcoin NFTs. I hope this information is helpful to your understanding.<\/p>\n<p>\u203bReference 1: [<span style=\"text-decoration: underline; color: #0000ff;\"><a href=\"https:\/\/www.coindesk.com\/learn\/bitcoin-nfts-what-are-ordinal-nfts-and-how-do-you-mint-one\/\" style=\"color: #0000ff; text-decoration: underline;\">CoinDesk &#8211; Bitcoin NFTs: What Are Ordinal NFTs and How Do You Mint One?<\/a><\/span>]\n<p>\u203bReference 2: [<span style=\"text-decoration: underline; color: #0000ff;\"><a href=\"https:\/\/sparrowwallet.com\/\" style=\"color: #0000ff; text-decoration: underline;\">Sparrow Wallet<\/a><\/span>]\n<p>&nbsp;<\/p>\n<h2><span>Here are related products and services:<\/span><\/h2>\n<p style=\"text-align: center;\"><strong>1.GMO\u30a4\u30f3\u30bf\u30fc\u30cd\u30c3\u30c8\u30b0\u30eb\u30fc\u30d7\u306e\u3010GMO\u30b3\u30a4\u30f3\u3011<\/strong><\/p>\n<a href=\"https:\/\/px.a8.net\/svt\/ejp?a8mat=2ZAD2D+33C92Q+3VI8+67RK1\" rel=\"nofollow\"><img loading=\"lazy\" decoding=\"async\" border=\"0\" width=\"300\" height=\"250\" alt=\"\" src=\"https:\/\/www25.a8.net\/svt\/bgt?aid=180202405187&amp;wid=009&amp;eno=01&amp;mid=s00000018080001044000&amp;mc=1\" class=\"aligncenter\" \/><\/a> <img loading=\"lazy\" decoding=\"async\" border=\"0\" width=\"1\" height=\"1\" src=\"https:\/\/www15.a8.net\/0.gif?a8mat=2ZAD2D+33C92Q+3VI8+67RK1\" alt=\"\" \/>\n<p style=\"text-align: center;\"><strong>2.Ledger (\u30ec\u30b8\u30e3\u30fc)\u6697\u53f7\u901a\u8ca8\u30cf\u30fc\u30c9\u30a6\u30a7\u30a2\u30a6\u30a9\u30ec\u30c3\u30c8<\/strong><\/p>\n<a href=\"https:\/\/px.a8.net\/svt\/ejp?a8mat=2ZAD2D+33XOOI+3CWI+BZGEP\" rel=\"nofollow\"><img loading=\"lazy\" decoding=\"async\" border=\"0\" width=\"300\" height=\"250\" alt=\"\" src=\"https:\/\/www20.a8.net\/svt\/bgt?aid=180202405188&amp;wid=009&amp;eno=01&amp;mid=s00000015669002013000&amp;mc=1\" class=\"aligncenter\" \/><\/a> <img loading=\"lazy\" decoding=\"async\" border=\"0\" width=\"1\" height=\"1\" src=\"https:\/\/www19.a8.net\/0.gif?a8mat=2ZAD2D+33XOOI+3CWI+BZGEP\" alt=\"\" \/>\n<p style=\"text-align: center;\"><strong>3.\u9762\u5012\u306a\u4eee\u60f3\u901a\u8ca8\u306e\u640d\u76ca\u8a08\u7b97\u3092\u5e73\u574710\u79d2\u3067\u5b8c\u4e86\u3055\u305b\u308b\u3010Cryptact\u3011<\/strong><\/p>\n<a href=\"https:\/\/px.a8.net\/svt\/ejp?a8mat=3T6T17+6EEU7E+4DGW+609HT\" rel=\"nofollow\"><img loading=\"lazy\" decoding=\"async\" border=\"0\" width=\"300\" height=\"250\" alt=\"\" src=\"https:\/\/www29.a8.net\/svt\/bgt?aid=230424955387&amp;wid=004&amp;eno=01&amp;mid=s00000020408001009000&amp;mc=1\" class=\"aligncenter\" \/><\/a> <img loading=\"lazy\" decoding=\"async\" border=\"0\" width=\"1\" height=\"1\" src=\"https:\/\/www16.a8.net\/0.gif?a8mat=3T6T17+6EEU7E+4DGW+609HT\" alt=\"\" \/>\n<!--CusAds0-->\n<div style=\"font-size: 0px; height: 0px; line-height: 0px; margin: 0; padding: 0; clear: both;\"><\/div>","protected":false},"excerpt":{"rendered":"<p>In this article, we will provide a detailed overview of Bitcoin NFTs and how to use their wallets. \u3000In this ar&#8230;<\/p>\n","protected":false},"author":1,"featured_media":1,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[411354],"tags":[411357,411502],"class_list":["post-269630","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin-nft","tag-best-bitcoin-nft-wallet-en","tag-bitcoin-nft-wallet-en","article cf"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.9 - aioseo.com -->\n\t<meta name=\"description\" content=\"In this article, we will provide a detailed overview of\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"\u7ba1\u7406\u4eba\"\/>\n\t<meta name=\"google-site-verification\" content=\"G0Xfk2oAGGNGPRDFkKiiNHGVOXeRS_EVfgrby3HFqqY\" \/>\n\t<meta name=\"keywords\" content=\"best bitcoin nft 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