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Ordinal theory is a scheme for numbering individual bitcoin units (satoshis) and tracking these across the transaction graph, treating them as non-fungible tokens. The scheme also allows attaching images or other files (called "inscriptions") to the satoshis.

2 votes

Can I create an ordinals-like transaction using bcoin / btcwallet?

You can create any kind of script spend with bcoin but for taproot you will need to use the taproot branch which has not yet been sufficiently reviewed or released. You can follow along with this test …
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Was the lifting of the Taproot transaction size limit "accidental"? Why would ordinals want ...

No it was not accidental, see the BIP342 section on Resource Limits Script size limit: The maximum script size of 10000 bytes does not apply. Their size is only implicitly bounded by the block weight …
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