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A complete of 400,000 new Ordinal Inscriptions have been added to the Bitcoin blockchain on Aug. 7.
In accordance with information from Glassnode, that is the second-highest variety of new Inscriptions added in a 24-hour window. The earlier excessive was recorded on the finish of July when round 420,000 new Inscriptions have been added.
Ordinals characterize digital property, much like NFTs, inscribed on Bitcoin’s smallest denomination — the satoshi. Inscriptions noticed an enormous spike in reputation when launched at first of the yr, ultimately main to an enormous improve in transaction charges that grew mining profitability.
The put up Bitcoin sees the second-highest variety of new Inscriptions per day appeared first on CryptoSlate.
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