How does this ordinals minting work exactly?
How does this ordinals minting work exactly?
Checking the block explorer and I see people paying crazy amounts to mint their ordinals. Like one guy paid $500 and he minted 10000 amount of ORDI.
Right now ORDI is $50. So he got $500,000 worth of ORDI just for spending $500 in mining fees? It can’t be right.
I am completely new to this Bitmap, Ordinals thing. Can someone explain how it works?
Kevin Sung Answered question May 20, 2024
There are dedicated websites that make Ordinals inscriptions easy without having much technical knowledge. There is usually an interface with the option to mint BRC-20, add text, or attach an image to your transaction.
Kevin Sung Answered question May 20, 2024