Ordinals upgrade to ‘complete’ core features, Bitcoin NFT ‘Provenance’ to launch this month

Nonprofit Open Ordinals Institute CEO Erin Redwing joined Albert Liang on the Bitcoin Startup Lab podcast recently as the project seeks to advance the development of the Ordinals protocol, the NFT, and a digital collectibles platform built on the Bitcoin blockchain.

Redwing said a highly anticipated feature called provenance which establishes authorship and ownership of inscribed data. For example, an artist can create a “parent” inscription representing themselves as the author. When they inscribe each NFT in a collection, that transaction also includes the parent inscription, proving the relationship between the author and the individual NFT inscription.