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Approaching 1M Bitcoin inscriptions

CoinSurges
By CoinSurges

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Quick Take

  • Roughly 900,000 Bitcoin inscriptions in terms of the total count so far, with one million fast approaching.
  • This is an incredible achievement, considering inscriptions started at the beginning of 2023.
  • As inscriptions are permanent and immutable on the Bitcoin blockchain, they offer superiority over NFTs on the Ethereum or Solana blockchain.
  • There are no NFTs on Ethereum, just smart contract points to IPFS links that can break.
  • This is the same with Solana, which is stored on Arweave.
  • Bugatti was the first company to release a “Bitcoin NFT” officially.
Inscriptions Total Count: (Source: Glassnode)
Inscriptions Total Count: (Source: Glassnode)
New Count: (Source: Glassnode)
New Count: (Source: Glassnode)

The post Approaching 1M Bitcoin inscriptions appeared first on CryptoSlate.

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