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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.

1 vote
1 answer
379 views

Is there a limit for number of times Ordinal Inscriptions can be transferred to a new address?

Ordinal Inscriptions are typically created by making 10000-satoshi UTXOs. To transfer the Inscription to a new address (when it's sold, for example), the UTXO is spent and transaction fee is paid, thu …
DeLorean88's user avatar
1 vote
1 answer
368 views

Where exactly is the Inscription media stored in witness signature? [duplicate]

Is it stored in the witness program as OP_FALSE OP_IF <data> OP_ENDIF or is it stored in annex as described in bip 341 or in some other form?
DeLorean88's user avatar
4 votes
2 answers
395 views

Can someone explain the byte composition of an inscription reveal transaction?

Doom was inscribed on chain. The reveal transaction had the following script OP_PUSHBYTES_32 1809cc80b0c9bf0277e774f7f78c5dd0c61f9eda7bec7875dc99457bbf61af8f OP_CHECKSIG OP_0 OP_IF OP_PUSHBYTES_3 6582 …
DeLorean88's user avatar
1 vote
2 answers
191 views

Inscriptions with size less than 10Kb were seemingly possible before taproot, why did they b...

In 2017 SegWit soft fork introduced consensus limit on script size MAX_STANDARD_P2WSH_SCRIPT_SIZE=10000. With P2WSH, one could seemingly use the same script structure ("envelope") OP_FALSE OP_IF <data …
DeLorean88's user avatar