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get started with the easiest and most secure platform to buy and trade digital ART and NFTs
Bitcoin Ordinals are assets that have had data inscribed (written to) on individual satoshis on the Bitcoin blockchain. Every satoshi is given a serial number based on the order in which it was mined. These numbers are called ordinals, and they help the blockchain keep track of where every satoshi is and who owns it.
BRC-20 tokens are a development in the cryptocurrency space. They were created by a blockchain analyst. The BRC-20 token standard supports the creation and transfer of fungible tokens via a protocol. This protocol allows data to be inscribed onto individual fractions of a Bitcoin.
Blockchain is a shared, immutable ledger that facilitates the process of recording transactions and tracking assets in a business network. An asset can be tangible (a house, car, cash, land) or intangible (intellectual property, patents, copyrights, branding). Virtually anything of value can be tracked and traded on a blockchain network, reducing risk and cutting costs for all involved
At the heart of BRC-20 tokens lies the concept of ordinals. These ordinals uniquely label individual satoshis - the smallest units of Bitcoin - validating ownership and preventing duplication. Unlike Ethereum's ERC-20 standard, which relies on smart contracts, BRC-20 tokens operate directly within the Bitcoin network.
SATS refers to Satoshis, the smallest unit of Bitcoin. SATS, also known as Ordinals, stand out as a digital asset that employs Satoshis in a token economy.
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