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Topic: Ordinals: Rare and exotic sats (Read 587 times)

legendary
Activity: 1652
Merit: 2177
Crypto Swap Exchange
June 03, 2023, 05:01:39 PM
#26
Not sure if it's been referenced here, but for anyone wanting to check if they have any rare sats there is a "sat scanner" to do so: https://ordinalhub.com/sat-scanner

(Doesn't require you to connect wallet, only to search a bitcoin address for any rare sats)

As referenced: "you will be doxxing your wallet address, can't use exchange wallets for this". Think you could also do this via tor or vpn though to avoid potential wallet address doxxing with IP

Source: https://twitter.com/billyrestey/status/1663946483861979137

There is also instructions on how to extract a rare sat if you find one. Enjoy!
legendary
Activity: 1526
Merit: 6442
bitcoincleanup.com / bitmixlist.org
March 01, 2023, 08:53:54 PM
#25
We've already seen multiple projects in the past with the same goal, the missing piece was always the piece of code creating the actual transaction, if a mismanipulation/bug occurs you are doomed and you loose your property.

Well yeah, thats why Ord is an experimental beta software.
newbie
Activity: 23
Merit: 0
March 01, 2023, 05:42:53 PM
#24
We've already seen multiple projects in the past with the same goal, the missing piece was always the piece of code creating the actual transaction, if a mismanipulation/bug occurs you are doomed and you loose your property.
newbie
Activity: 16
Merit: 4
February 22, 2023, 06:17:00 PM
#23
~
If you can bring NFTs to the Bitcoin blockchain, I will bring back my 2015 'NFTs' to your project.

This is by far the most interesting thing happening in Bitcoin at the moment ...
Maybe I should start a project thread to bring them back.

Done! Inscribed all 58 pictures:
 
https://bbgc58.wordpress.com/
newbie
Activity: 16
Merit: 4
February 20, 2023, 10:26:29 PM
#22
This development is amazing. Look, what I posted back in December 2021:

~
If you can bring NFTs to the Bitcoin blockchain, I will bring back my 2015 'NFTs' to your project.

My project BBGC Bitcoin Blockchain Gold Coin contains 58 NFTs (simple 32 x 32 pixel coin pictures) that started in 2015 on the Bitcoin blockchain, 2 years ago continued on the Ethereum blockchain and now should come back to the Bitcoin blockchain  Smiley

You can read the short story about the project here: https://bbgc58.wordpress.com/

This is by far the most interesting thing happening in Bitcoin at the moment ...

Yes nutildah, this is exactly what my project was waiting for. Back in 2015 there were no good possibilities and on the Ethereum network a Bitcoin NFT  Huh They are on OpenSea at the moment  https://opensea.io/collection/bbgc-bitcoin-blockchain-gold-coin ... I have to check what can be done to bring them back. If you have some suggestions, please tell me.

Maybe I should start a project thread to bring them back.

Created the first item out of 58 ... BBGC '1' as Inscription #152184 ... https://ordinals.com/inscription/cacc83142fc3f0d27378f0245e7139721e423b5db074c344602bee4eed4511dfi0

 Smiley
newbie
Activity: 16
Merit: 4
February 15, 2023, 01:13:32 PM
#21
So, what happens if those satoshi's go through a mixer service..

You can't mix them like a "coin-mixer". If you have a transaction, you have inputs and outputs (including fees) and the definition of ordinals says: which satoshi came in first is the satoshi that comes out first, second satoshi that comes in is the second satoshi that comes out and so on. So we know exactly who is who  Smiley
legendary
Activity: 3388
Merit: 1943
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February 15, 2023, 03:06:19 AM
#20
Just when I thought I had seen it all, you come here and you post about a concept that I have never heard of before... thank you for posting about "ordinals" ... I am now going to take some time to read up on this.  Wink

So, in theory..... every Satoshi will have a serial number linked to it... right? So, what happens if those satoshi's go through a mixer service..after it was handled by some celebrity or linked to some major event?
newbie
Activity: 16
Merit: 4
February 14, 2023, 03:20:20 PM
#19
~
Do you remember your Counterparty NFTs that you made some time ago? Perhaps you can now port them into an ordinal form.

This development is amazing. Look, what I posted back in December 2021:

~
If you can bring NFTs to the Bitcoin blockchain, I will bring back my 2015 'NFTs' to your project.

My project BBGC Bitcoin Blockchain Gold Coin contains 58 NFTs (simple 32 x 32 pixel coin pictures) that started in 2015 on the Bitcoin blockchain, 2 years ago continued on the Ethereum blockchain and now should come back to the Bitcoin blockchain  Smiley

You can read the short story about the project here: https://bbgc58.wordpress.com/

This is by far the most interesting thing happening in Bitcoin at the moment ...

Yes nutildah, this is exactly what my project was waiting for. Back in 2015 there were no good possibilities and on the Ethereum network a Bitcoin NFT  Huh They are on OpenSea at the moment  https://opensea.io/collection/bbgc-bitcoin-blockchain-gold-coin ... I have to check what can be done to bring them back. If you have some suggestions, please tell me.

Maybe I should start a project thread to bring them back.
legendary
Activity: 2912
Merit: 7804
February 14, 2023, 05:07:51 AM
#18
Do you remember your Counterparty NFTs that you made some time ago? Perhaps you can now port them into an ordinal form.

If you mean the forum NFTs, the token metadata points to a small JSON file already stored on another blockchain (Arweave). AFAIK the current Ordinals explorer only displays media files. So while I could inscribe a JSON file and attach it to an ordinal its contents wouldn't display on the explorer.

Counterparty users are looking for a way to host the image data for their tokens as an inscription but its a matter of getting the xchain explorer ready to read it as part of a token description.

One of the coolest experiments I've seen so far is called Rare Ordinals, where ordinals are being tokenized on Counterparty to leverage its market system (dispensers & DEX).

I've heard a market for ordinals is in development.
legendary
Activity: 1526
Merit: 6442
bitcoincleanup.com / bitmixlist.org
February 14, 2023, 03:53:03 AM
#17
How exactly does one go about and create an Ordinal? (specifically, how does someone use ord after they install it?)

This is by far the most interesting thing happening in Bitcoin at the moment, and except for a couple uppity threads where the usual ninnys are yelling at it, almost zero recognition on the Bitcoin Forum for the accomplishment of bringing so much newfound attention to bitcoin. Its just not a subject that is conducive to sig spamming, hence the relative silence.

Do you remember your Counterparty NFTs that you made some time ago? Perhaps you can now port them into an ordinal form.
sr. member
Activity: 434
Merit: 580
Pizza Maker 2023 | Bitcoinbeer.events
February 13, 2023, 07:37:00 PM
#16
The use of Satoshi serial numbers or ordinals, as you've described in your implementation, could potentially lead to increased data being stored on the Bitcoin blockchain, which could in turn lead to increased size of the blockchain and increased resource requirements for nodes. This could be a concern for some users of the Bitcoin network, particularly if the size of the blockchain grows significantly over time
legendary
Activity: 2828
Merit: 7315
February 11, 2023, 05:47:30 AM
#15
@rodarmor i wanted to try Ordinals on Signet, but i saw few report which state indexing process is very slow[1-3]? Do you think it's viable to use HDD in this case?

Didn't miners do this fee manipulation trick a few years back bumping the fees up to $50?
Since when miners are capable of forcing or manipulating you pay more?

There's theory where multiple pool could work together to manipulate people to pay more TX fee by filling unused part of their block with their own transaction or arbitrary data. There's extreme version where they attempt to make congestion.

[1] https://github.com/casey/ord/issues/1648
[2] https://github.com/casey/ord/issues/1377
[3] https://github.com/casey/ord/discussions/1619
newbie
Activity: 12
Merit: 161
February 11, 2023, 02:48:08 AM
#14
Thank you nutildah! Getting such nice kudos on Bitcoin Talk is honestly a sweet milestone. These threads are feeling pretty legendary to me, especially the one I necro-posted to after a 10 year haitus.
legendary
Activity: 2912
Merit: 7804
February 11, 2023, 02:40:21 AM
#13
The idea of rare and more valuable Satoshis (in terms of NFT collections) has been going around a lot but I have yet to see any demand for them.... I could be mistaken...

The demand is huge. Some have already gone for multiple BTC. The thing is there is no marketplace for them so most sales are being done P2P.

To make up for this, some people have been depositing the Ordinals in an Emblem Vault where they are wrapped into an Ethereum ERC721 token. That way they can be sold on OpenSea. Sales there have been huge.



Emblem Vault sales blew up in the last 24 hours. You can see what they were on average prior to yesterday. The action is largely thanks to a series called Bitcoin Punks, which is just Ethereum Punks set against an orange background.



Crypto Twitter influencers got wind of it and Bitcoin Punks is now the latest NFT grift. No doubt after the pump is finished, prices will tank and the slowest among retail will be left holding the bag. None of that is rodarmor's fault, of course... just the way things go in this space.
copper member
Activity: 1330
Merit: 899
🖤😏
February 10, 2023, 07:51:23 PM
#12
Since when miners are capable of forcing or manipulating you pay more?
How long have you been around not knowing the answer?

Anyways, cool project, not going to use third parties.
Btw, what's with the rare.text? Couldn't load it on mobile and don't know what those numbers mean.
This also reminds me of the *radioactive tracking technology.

*= Don't know what that is? It's a CIA project.
legendary
Activity: 1344
Merit: 6415
Farewell, Leo
February 10, 2023, 05:41:07 PM
#11
Some facts and problems, with bitcoin being the leader in crypto, this could result in mass demand leaving normal transactions out the blocks, bumping the fees up.
Is that a problem, or a feature? When there's high transaction demand, there are high fees, regardless of whether you transfer hard cash or the image of a monkey.

Didn't miners do this fee manipulation trick a few years back bumping the fees up to $50?
Since when miners are capable of forcing or manipulating you pay more?

It seems like miners and developers have been at odds for years with developers using tricks and lies to get miners to do what they want.
The developers lie, the miners get to do whatever they want, they've been at odds, both groups rule bitcoin, why such conspiracy in one page?
legendary
Activity: 2002
Merit: 1586
BTC 100k 2024
February 10, 2023, 02:10:41 PM
#10
This is really interesting. Although the success of this project is really only connected to how much demand there is for these rare and exotic Satoshis. But I think that most people who are not really developers do not yet perhaps understand the full potential of Ordinals or why they would be in demand in the first place. So, aside from the NFT nature of Ordinals, could there be any further use cases?

How would this complicate transactions? I assume people would be hesitant to transact unless they have no valuable Ordinals?

The idea of rare and more valuable Satoshis (in terms of NFT collections) has been going around a lot but I have yet to see any demand for them.... I could be mistaken...
legendary
Activity: 1274
Merit: 1006
February 10, 2023, 08:26:27 AM
#9
Any marketplace, or escrow service?
legendary
Activity: 2912
Merit: 7804
February 09, 2023, 03:18:57 PM
#8
This is by far the most interesting thing happening in Bitcoin at the moment, and except for a couple uppity threads where the usual ninnys are yelling at it, almost zero recognition on the Bitcoin Forum for the accomplishment of bringing so much newfound attention to bitcoin. Its just not a subject that is conducive to sig spamming, hence the relative silence.

Congrats rodarmor, you earned it



https://ordinals.com/inscription/25aa0505380d746e9d32ba0108e9dbab4a4a3958912bafb046c3c9c71cef2f65i0
donator
Activity: 4648
Merit: 4006
Leading Crypto Sports Betting & Casino Platform
February 09, 2023, 01:14:36 PM
#7
I am still researching and learning about this project but I have to say that I absolutely love the responses to it from certain developers. It shows who is a control freak that only likes Bitcoin when it does what they want it to. Use the code for something they deem as not appropriate and suddenly Bitcoin isn’t free and open software but instead something you can only use how they want you to use it. For that reason I love it. Eat your heart out controlling devs. Miners aren’t going to do your bidding and censor transactions, but it’s cute of you to ask.
You are right, we should store whatever we want on bitcoin blockchain and pay the fees for it. That's called freedom, though at what cost?

Some facts and problems, with bitcoin being the leader in crypto, this could result in mass demand leaving normal transactions out the blocks, bumping the fees up. Didn't miners do this fee manipulation trick a few years back bumping the fees up to $50? Isn't there some shitcoin out there doing this NFT thing already?
Do the miners really think they control the network? Not theirs to decide alone, it's called consensus.

It seems like miners and developers have been at odds for years with developers using tricks and lies to get miners to do what they want. Now it seems that miners are giving core developers the finger and doing what they want. This is likely the result or prior said developer behavior and in my opinion is a must to restore balance to Bitcoin. I personally love it and think it is necessary.
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