Cointime

Cointime

Download App
iOS & Android
Home / Projects

Bitcoin Ordinals Launches BRC-721E Standard Allowing Migration of Ethereum NFTs to Bitcoin Blockchain

Bitcoin Ordinals have introduced a new layer-2 solution that allows for decentralized storage of digital art on the Bitcoin blockchain. With the launch of the BRC-721E standard, users can now migrate their Ethereum ERC-721-based nonfungible tokens (NFTs) to the Bitcoin blockchain. The BRC-721E standard was jointly launched by the Ordinals market and the Bitcoin Miladys NFT collection, enabling the conversion of immutable, verifiable ERC-721 NFTs to Ordinals. While metadata is not initially stored on-chain, users can store a lower-quality preview image and include a reference to the Ether (ETH) burn in the raw image data.

Bitcoin Ordinals Blockchain
Comments

All Comments

Recommended for you

  • Another person involved in the OneCoin scheme was arrested and the US prosecutors have filed a lawsuit against him

    According to court documents submitted by the Southern District of New York, William Morro, a person involved in OneCoin, has been arrested. Prosecutors said Morro lied to banks about the source of funds to conceal the source of funds related to OneCoin. He was involved in transferring $35 million related to OneCoin to an account in Hong Kong and about $6 million to an account in the United States.

  • CZ announces Giggle Academy logo and design ideas

    CZ has released the Giggle Academy Logo and its design concept. He hopes that the logo can showcase youthfulness, fun, positive energy, and growth while continuing the "Binance tradition":

  • Grayscale Ethereum Trust to be listed on NYSE Arca

    Grayscale Ethereum Trust (Grayscale ethereum trust) plans to go public on the NYSE Arca (New York Stock Exchange Growth Board Market) with the code "ETHE".

  • NYSE Considers 24-Hour Trading Model to Counter Crypto Market Trends

    The Financial Times reported that the New York Stock Exchange (NYSE) has had its data analysis team conduct a survey of its members to evaluate their interest in switching to 24/7 trading. The Financial Times stated that this idea has gained increasing attention in recent years, partly due to the increased activity of retail investors caused by the round-the-clock operation of cryptocurrency trading.

  • Bitcoin mined an empty block at height 840421 7 minutes ago

    On April 23, according to mempool data, an empty block (a block containing only one transaction, the Coinbase transaction) was mined at Bitcoin height 840421, with a time interval of only 27 seconds from the previous block height.

  • BNB Chain’s high-risk DappBay alert list adds 7 new projects including AlphaOrBeta

    BNB Chain updated its Dapp Bay high-risk DApp Red Alarm project list. The projects that were added to the list in the past 24 hours include AlphaOrBeta, Rocket Wallet, BIM Finance, Goose Finance, Uno Re, Anchor Finance, and Sashimi Swap.

  • Solana Devnet is currently down, Solana Testnet is not affected

    Solana Devnet (Developer Network) is currently down. Solana Devnet Status stated that its engineering team is working to resolve the issue, which will not affect Solana Testnet or Mainnet Beta, and is expected to be back online soon.

  • Base Publishes 2024 Round 6 Base Builder Grant List

    On April 19th, Base released the list of recipients for the 6th round of Base Builders funding in 2024. The list includes payment application PayFlow, blockchain battle game The Old Castle Defense, music collaboration and creative space sponsor Fam, blockchain social marketplace Talent Protocol, Mac application developer Steve Dakh, Chrome extension developer Martycfly for building Base cost tracker, pixel art collection generator Primitives, cross-chain bridge Base Migrate, blockchain data browser sealaunch.xyz, and blockchain development company Chain Rule.

  • Shanghai Municipal Party Committee Secretary: Welcome Standard Chartered to establish more new institutions, new businesses and new platforms such as blockchain in Shanghai

    Chen Jinong, the Secretary of the Shanghai Municipal Party Committee, met with Weihao Si, the Chairman of the Board of Directors of Standard Chartered Bank, and Mark William D'Arcy, the Executive Director, and some members of the Board of Directors yesterday morning. Chen Jinong stated that he welcomes Standard Chartered Bank to leverage its own advantages, strengthen strategic connections, place more new institutions, businesses, and platforms such as wealth management and blockchain in Shanghai, focus on deepening pragmatic cooperation in technology finance, green finance, digital finance, and create more application scenarios, and provide comprehensive and professional service support for enterprises to go abroad.

  • Vitalik: Humanity needs to create a world where blockchain and artificial intelligence work together

    Vitalik Buterin, the founder of Ethereum, stated at BiddleAsia 2024 held at Signiel Seoul in the Songpa district on March 28 that artificial intelligence is a huge market and its importance is increasing day by day. We need to create a world where blockchain and artificial intelligence work together. Artificial intelligence can now create applications with 100 to 500 lines of code. Vitalik also stated that the ability to write 10,000 lines of code can eliminate most of the bugs in the Ethereum virtual machine.

Daily Must-Read

Popular Activities

Delysium $AGI & AI Private Yacht Party

Delysium $AGI & AI Private Yacht Party

March 27 - March 27
Seoul

Popular Tags

Cointime
News
Contents
RSS
Company