Thirteen years after the world’s first Bitcoin (BTC) pizza purchase, the pioneer cryptocurrency network faces a new wave of disruption thanks to the advent of Ordinals, the recently launched protocol that allows adding digital content such as art — i.e. nonfungible tokens — in the Bitcoin blockchain.
Since the launch of Ordinal NFTs on the Bitcoin mainnet in January 2023, the network's traffic has increased significantly, spiking transaction costs and spotlighting issues surrounding Bitcoin.