A developer introduced Ordinals to the Litecoin LTC/USD community on Monday. Ordinals are primarily NFTs which have the flexibility to inscribe content material aside from transactions on the Bitcoin BTC/USD community.
What Happened: According to Dune analytics, over 154,000 inscriptions have been created up to now. Now, a developer has taken this a step additional by adapting the Ordinals undertaking for the proof-of-work blockchain Litecoin.
Software engineer Anthony Guerrera forked the GitHub repository for Bitcoin Ordinals and developed LTC Ordinals.
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The journey to convey Ordinals to the Litecoin blockchain started on Feb. 10 when a Twitter consumer, Indigo Nakamoto, provided an incentive of 5 LTC (approx. $500) to any one who efficiently ported Ordinals to Litecoin.
According to Glassnode, the Bitcoin community is experiencing a pointy uptick in exercise, setting its Transaction Count Momentum to its highest stage since January 2021.
Last week, an Ordinal that includes a one-second audio recording of a moist fart reportedly bought for Bitcoin price $280,000.
Price Action: At the time of writing, BTC was buying and selling at $24,903 up 1.63% within the final 24 hours, in line with Benzinga Pro.
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