The Bitcoin Ordinals Summit 2023 is expected to be the largest Bitcoin Ordinals event on a global scale, drawing hundreds of attendees from various corners of the globe. This summit offers a unique platform, bringing together industry pioneers, experts, developers, investors, artists, and collectors from the Ordinals space.
Among the speaker line-up are industry giants such as Udi Wertheimer, creator of the famed Ordinals collection Taproot Wizards; Domo, the mastermind behind the BRC-20 Protocol; and Erin Redwing, COO of Ordinals Protocol. The audience can anticipate a day teeming with intellectual stimulation, innovative collaborations, and stimulating discussions that promise to push the boundaries of thought and creativity.
For the uninitiated, Bitcoin Ordinals are a groundbreaking concept that allows data to be inscribed into individual satoshis in Bitcoin, utilizing a logical ordering system known as ordinal theory. This data can vary widely, encompassing everything from images, video, audio, and text to entire applications. A substantial part of the Ordinals space is the BRC-20, an experimental fungible token standard using ordinal inscriptions on Bitcoin, modeled after Ethereum’s ERC-20. Launched on March 9, 2023, by the anonymous developer Domo, BRC-20 tokens have already made a notable impact in the cryptocurrency landscape.
The growth and acceptance of Bitcoin Ordinals are evident from data provided by Dune Analytics, which shows that the Bitcoin network witnessed more than 16 million Ordinals inscriptions between December 14, 2022, and present. The majority of this progress occurred in the latter month, reflecting a burgeoning interest and activity in this innovative field.
The creator of the BRC-20 protocol, Domo, shared his enthusiasm about the upcoming summit, remarking, “Ordinals is making Bitcoin cool again, and is kickstarting a renaissance of layer 1 development and activity. The initial success of Ordinals, coupled with the backing from industry leaders and corporations, has the potential to appeal to a rapidly growing community of new Bitcoin users.”
As the countdown to this landmark event begins, the crypto community is abuzz with anticipation. The Bitcoin Ordinals Summit not only reflects the vibrant innovation of the Asian crypto space but also signals the dawn of a new era where technology, creativity, and collaboration coalesce to shape the future of digital currency. Whether you’re an investor, developer, or simply a crypto-enthusiast, the summit promises to offer something for everyone, in what can only be described as a celebration of Bitcoin’s continued evolution.
