Bitcoin

NFT Index

The post<a href="https://cryptosnewss.com/analyst-predicts-dogecoin-could-reach-new-all-time-high/" rel="noopener noreferrer nofollow"> </a><a href="https://cryptosnewss.com/pizza-ninjas-nft-collection-honors-bitcoins-first-real-world-purchase/" rel="noopener noreferrer nofollow">Pizza Ninjas NFT Collection Honors Bitcoin&#39;s First Real-World Purchase</a><a href="https://cryptosnewss.com/david-sacks-named-white-house-ai-and-crypto-czar/" rel="noopener noreferrer nofollow"> </a>appeared first on<a href="https://cryptosnewss.com/" rel="noopener noreferrer nofollow"> Cryptos Newss</a>.The <a href="https://cryptosnewss.com/category/bitcoin-news/" rel="noopener noreferrer nofollow">Bitcoin</a> inscriptions project OrdinalsBot claims to have minted the largest file ever created on the oldest and most valuable blockchain, featuring the final piece of the “Pizza Ninjas” collection consisting of 1,500 unique items.<h2 id="header-0">The Four Meggers Phenomenon</h2>Within the Bitcoin development community, files known as “four meggers” are gaining popularity. These files are named for their size of approximately 4 megabytes (MB).<h2 id="header-1">Details of Pizza Ninja #1500</h2>Pizza Ninja No. 1500, measuring 3.969429 MB, was minted by BTC miner MARA Holdings at block 873,893 on December 9 at 05:57 UTC. This file is based on “Ralf,” a playable character and antagonist in the on-chain Ordinals game called Pizza Pets.Read Also: <a href="https://cryptosnewss.com/bitcoins-100k-milestone-is-the-cycle-top-ahead/" rel="noopener noreferrer nofollow">Bitcoin&#39;s $100K Milestone: Is the Cycle Top Ahead?</a>Thanks to the Ordinals protocol, data can be “written” onto each satoshi, making each one unique and potentially valuable. Toby Lewis, co-founder of OrdinalsBot, emphasized that having the largest file in Bitcoin is not just about boasting, stating that four meggers are permanent in the blockchain and hold significant market value.<blockquote>“Four meggers will remain on the network forever and already have significant market value.” – Toby Lewis, OrdinalsBot co-founder.</blockquote>Brian Laughlan, another co-founder of OrdinalsBot, told CoinDesk that creating a file exactly 4 MB in size is technically impossible due to network constraints. He mentioned that they are striving to surpass every byte of the current largest file.While Ordinals have sparked controversy within the Bitcoin community due to concerns about network congestion and rising transaction fees, they also honor the culture and history of cryptocurrency by highlighting uniqueness. The Pizza Ninjas reference the first known Bitcoin transaction, where Laszlo Hanyecz exchanged 10,000 BTC for two pizzas on May 22, 2010, and Pizza Ninja #1500 is inscribed on the “black rare pizza sat” of each block’s last satoshi.The Pizza Ninjas collection features an interactive application created with HTML and JavaScript, showcasing a capability that is nearly impossible on Ethereum. Developers can leverage the uniqueness of these inscriptions to draw attention to specific niches within the Bitcoin world, similar to how historical artifacts are displayed in museums.The post <a href="https://cryptosnewss.com/pizza-ninjas-nft-collection-honors-bitcoins-first-real-world-purchase/" rel="noopener noreferrer nofollow">Pizza Ninjas NFT Collection Honors Bitcoin&#39;s First Real-World Purchase</a> appeared first on <a href="https://cryptosnewss.com/" rel="noopener noreferrer nofollow">Cryptos Newss</a>.

Pizza Ninjas NFT Collection Honors Bitcoin's First Real-World Purchase

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