Bitcoin Ordinals haven’t wrestled blockspace from money TXs: Glassnode

Despite concerns that Bitcoin Ordinals are

Currently, most inscriptions come as a result of BRC-20 tokens, which were introduced one month after Casey Rodamor launched the Ordinals protocol on Bitcoin in February.

On Sept. 25, Rodarmor pitched “Runes” as a potential alternative to BRC-20s, suggesting that a UTXO-based fungible token protocol wouldn’t leave as much “junk” unspent transaction outputs on the Bitcoin network.

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