Litecoin Network Adopts Ordinal Inscriptions, Following Bitcoin’s Lead

Following a increasing inclination of Ordinal inscriptions connected the Bitcoin blockchain, the exertion has been ported to the Litecoin network, and the fig of onchain Litecoin inscriptions has surpassed 13,000. Software developer Anthony Guerrera made Ordinal inscriptions connected the Litecoin web imaginable by receiving 22 Litecoin to larboard the exertion to the proof-of-work (PoW) blockchain.

Digital Collectibles Are Now Possible connected Litecoin

Proponents of the cryptocurrency web Litecoin (LTC) were pleased to perceive that Ordinal inscriptions are present imaginable connected the network. Software developer Anthony Guerrera accepted a situation to larboard the exertion to Litecoin aft the connection grew from five LTC to 22 tokens.

While Litecoin’s web has a fig of differences, its codebase shares similarities with Bitcoin, including additions similar Segregated Witness (Segwit) and Taproot, which marque Ordinal inscriptions imaginable connected the Litecoin network.

“JUST IN: BTC Ordinals are present connected Litecoin,” Guerrera tweeted connected Feb. 18. The coder besides shared the open-source codebase hosted connected Github and further explained that helium inscribed the archetypal Ordinal onchain. The developer said:

The archetypal Litecoin Ordinal has been inscribed connected the Litecoin blockchain. The mimblewimble whitepaper volition unrecorded wrong Litecoin forever.

Since the codebase was released and the archetypal Litecoin-based Ordinal inscription was shared connected Twitter by Guerrera, the fig of LTC-based Ordinals has grown significantly. At the clip of writing, determination are astir 13,211 Ordinals connected the Litecoin blockchain. Many radical are sharing their Litecoin Ordinal inscriptions connected societal media and promoting their recently launched LTC-based collections.

Meanwhile, the fig of Ordinal inscriptions connected the Bitcoin blockchain has surpassed 160,000, and the increasing inclination shows nary motion of slowing down. Furthermore, radical are gathering infrastructure astir Bitcoin-based Ordinals, specified arsenic minting tools that tin contented an Ordinal inscription without a afloat node for a basal fee, wallets, and marketplaces.

There are besides numerous collections competing to beryllium the ‘blue-chip’ non-fungible tokens (NFTs) connected the Bitcoin blockchain. It’s hard to accidental whether the inclination volition turn connected Litecoin arsenic it did connected the Bitcoin network, but aft Guerrera minted the archetypal one, thousands person followed. It volition beryllium absorbing to spot if integer collectibles minted connected either Bitcoin oregon Litecoin volition participate the established NFT marketplace system dominated by chains specified arsenic Ethereum.

What bash you deliberation astir Litecoin-based Ordinal inscriptions? Share your thoughts successful the comments conception below.

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