MetagoodMonkey

BREAKING: Epic Rune EPIC•EPIC•EPIC•EPIC just etched!

OCM Dimensions, the skyscraper on Bitcoin.

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Welcome, all the new folks to Bitcoin and Ordinals. I've been building on Bitcoin for more than a decade, and can say confidently that this is one of the best times to be building on Bitcoin. I'm also the creator of OCM Genesis. It's an often misunderstood work. OCM Genesis is an *original* work created specifically for Bitcoin. The original 10k collection of Bitcoin. OCM Genesis has 4 inscriptions on each block 9 sat. Each work (20219, Deconstructed, the Certificate, and Perspectives) highlights a new aspect of art on Bitcoin. Happy to share more about the different aspects of OCM Genesis, or the techniques for art on Bitcoin, especially for the furture high fee environment. That is a big part of the art of OCM Genesis and Inscription 20219. The future of generative art on Bitcoin.

Any Ordinals Enjoyoors want OCM bots 🤖? We got some for you. 🎁 Like > Tag > RT

BREAKING: @OnChainMonkey just revealed that it will be airdropping "Bots" to their holders! View them here: → ord.io/?childrenOf=90…

Multi-Parent collections on Bitcoin are trending today. (OCM did multi-parent in 2023.) Here's how you can see if your inscription is multi-parent. 1. Find your inscription ID (in the URL of MagicEden) 2. Go to the Ordinals com and search the ID 3. Look for more than 1 parent 👇

The Ultimate Bitcoin Ordinals Glossary Here’s the short list of important terms for Ordinals. Ordinals was introduced a year ago and already accounts for the majority of Bitcoin transactions. Ordinals is changing Bitcoin, so make sure you know these ten terms! 👉1. Sat - short for satoshi, the smallest unit of a bitcoin. Each sat is uniquely identified and numbered. There are 100 million sats in 1 bitcoin. Sats are just bitcoin, so people own sats just as they own bitcoin. 👉2. Inscription - content recorded immutably on the Bitcoin blockchain. Folks might think of this as an “NFT”, but there’s much more to it, so read on! 👉3. Ordinal theory - assigning unique serial numbers to sats, starting at 0 (for the first sat of the first bitcoin mined). Allows sats to be tracked on the Bitcoin blockchain across transactions. 👉4. Ordinals (protocol) - a protocol that uses Ordinal theory, and enables inscriptions that are paired with a sat. The combo of the Inscription and the Sat is the closest to a “Bitcoin NFT” but there’s more! 👉5. Inscription Number - each inscription is numbered uniquely, starting at 0. In April 2024, we have reached inscription number 67,000,000. There is also a set of negative inscription numbers (see "cursed inscriptions”) that are numbered from -1 to -472,043. Future inscription numbers will all be positive and greater than 67,000,000, ie 67,000,001, 67,000,002, 67,000,003, and so on. 👉6. Reinscription - each inscription is paired with a single sat, but each sat can have multiple inscriptions! Reinscription is the act of inscribing a sat two or more times. You can think of a sat as having multiple canvases and reinscription allows you to use additional canvases for that sat. When you transfer an inscription, you transfer the sat, so when you transfer a reinscription, you transfer all reinscriptions on that sat. You can think of these inscriptions on the same sat as a group of “soul-bound” NFTs that are forever bound together. 👉7. Parent-Child Provenance/Collections - this is the standard for creating a collection of inscriptions in Ordinals. Collections are one of the most important concepts in Ordinals! Parent-Child allows inscriptions to form a family tree that is immutably recorded on Bitcoin. Parent inscriptions can have Child inscriptions, and all the children form a collection on Bitcoin with clear provenance. If you’re familiar with Ethereum NFTs, this is kind of like the ERC-721 standard for NFT collections. The Bitcoin blockchain does not have smart contracts, so Parent-Child is the standard for an Ordinal collection. Parent-Child is more powerful than it first seems. Children can be Parents too, and you can have multi-generational family trees of grandchildren, and great-grandchildren on Bitcoin. Multiple parents can together create a single Multi-Parent-Child collection! Thinking about Parent-Child Provenance can make your mind explode with possibilities for the future! 👉8. Recursive Inscriptions - inscriptions can refer to and use other inscriptions in their inscription. This is one of the most powerful features of Ordinals. Recursive Inscriptions enable composable and modular building with Ordinals. Every inscription is a building block that can be used in the future. For example, many generative art works use of libraries such as p5.js and three.js, and recursive inscriptions allow for the use of these libraries. Most generative art on Bitcoin uses recursive inscriptions. 👉9. Cursed inscriptions - a set of inscriptions from the early days of Ordinals that were not recognized by the developing Ordinals protocol. Cursed inscriptions are valid inscriptions that implemented features that were later added to Ordinals (such as Reinscription and Parent-Child Provenance). Cursed inscriptions were officially recognized at the Jubilee (a major update to Ordinals where the definition of an inscription was finalized in January 2024) and assigned negative inscription numbers from -1 to -472,043. There are unlikely to be any more cursed inscriptions in the future, so cursed inscriptions are a rare group of inscriptions (that can be identified with a negative inscription number). 👉10. Satributes - definitions of special sats. Casey defined certain special sats in Rodarmor Rarity. For example the uncommon sat is the first sat in a bitcoin block. An example would be sat 45000000000, the first sat in block 9. Other special sats in Rodarmor rarity are: rare (the first sat of each difficulty adjustment period), epic (the first sat of each halving epoch), legendary (the first sat of each cycle), and mythic (the first sat of the genesis block). Other satributes include: Block 9 (sats from block 9, numbered 45000000000-49999999999). 450x (the first bitcoin in block 9, numbered 45000000000-45099999999). Palindrome (sat numbers that are palindromes). Others such as Vintage, Nakamoto, First Transaction, Pizza. Ordinals is much more than a “Bitcoin NFT”! 🟧

Bitcoin Ordinals is still a niche market. NFTs are a niche market, and Ordinals right now is a niche of a niche. However, the digital asset market is a huge market, and Ordinals is the beginning of a significant one, and on the most significant blockchain. The generational opportunity is here, and it plays out over the next few years. This halving and the next halving in approximately 4 years are probably the most formative years for Bitcoin and crypto overall. Understand the big picture. The biggest winners are not those flipping JPEGS or memecoins for quick gains. The biggest winners emerge when digital assets become standard, and the world can use them. Bitcoin itself is only just becoming a standard. That's what this halving cycle is about - the Bitcoin standard.

Ordinals was just updated with the latest release! New: Collections can have more than one inscription as the provenance parent. Multi-Parent-Child Provenance. Multi-Parent can be seen in this @OnChainMonkey OCM Genesis inscription. One of the first multi-parent collections.👇

OCM Genesis was created for Bitcoin 🟧

This point on the importance of standards and protocol adoption is underestimated by many. Add to the fact that Bitcoin is particularly hard to work with, creating new standards on it is even more difficult. That Ordinals exists and is used by many is amazing. The Collection standard in Ordinals is another perfect example. It took a year for Parent-Child Provenance to be adopted by Ordinals for collections. To create another collection standard and get everyone to adopt it would be near impossible now on Bitcoin. More on this here: x.com/huuep/status/1… My article in @BitcoinMagazine from a year ago on the collection standard: bitcoinmagazine.com/culture/bitcoi…

Growth of Collections on Bitcoin 🚀 Parent-Child Provenance, the standard to record an Ordinal Collection on Bitcoin, is rapidly being adopted. Creators and collectors take note! In 2024, any collection of significance should be using Parent-Child Provenance. The collection standard on Bitcoin allows anyone to authenticate if an inscription is part of the collection, without the need of offchain third parties who could rug you in the future. In 2023, OCM Genesis was the first to create the 10k collection on Bitcoin, complete, immutable, and in the standard today. 🟧

The collection standard on Bitcoin, Parent-Child Provenance, is powerful. Not only can an inscription create a child (and grandchild), but a child can have multiple parents! A rich family tree that enables clear and detailed provenance for collections on Bitcoin. The best provenance for creators and collectors, especially important for the highest value assets in the world. @OnChainMonkey created the first known multi-parent collection in OCM Genesis from parents 20219 and 464551. The child is the official art from the parents. In OCM's generative art, both parents had the added feature of containing the full art of the respective collection in each parent for the best provenance. Multi Parent-Child Provenance was officially merged into Ordinals recently, and you can check it out on Ordpool already!

I'm giving away a Runestone too. 1. Repost 2. Go to the official Ordinals Handbook, learn about Provenance, and share what you learned in the replies.

The rarest 10k Collection on Bitcoin👇 ✅The Collection standard of Ordinals, Parent-Child Provenance 👹OCM Genesis is the first 10K collection on Bitcoin. ✅Historic sats 👹OCM Genesis is on Block 9, 450x, the first bitcoin Satoshi Nakamoto sent to Hal Finney. ✅Sequential sats 👹OCM Genesis uses sequential sat numbers starting at x00001 (45017800001-45017810000). ✅Low inscription number 👹OCM Genesis and all 10k images were inscribed in Inscription #20219, the generative art parent for Recursive Inscriptions. ✅Cursed Inscriptions 👹OCM Genesis was created before our inscriptions became a standard, so the whole Collection became Cursed.

On long term value in Bitcoin Ordinals 👇 Bitcoin is valuable long term because it is a STANDARD for a fungible digital asset. The whole world knows and can agree on what a bitcoin is, and how it works. Ordinals can be long term valuable for a nonfungible digital asset if it becomes a STANDARD. First, it is *extremely* hard to build anything on top of Bitcoin because of Bitcoin's limited programmability, and even harder to create a standard on top of Bitcoin. Casey has pulled off a miracle in standardizing a few things to create Ordinals. To understand what is actually long term valuable, it's important to understand what has been standardized. Not everything about Ordinals is a STANDARD, and anything that is not standard will have a sharp decline in value in the long term. Take the concept of a Collection. The standard way to create a collection in Ordinals took over a year to implement and get the market to adopt, and this was pushed hard by Casey, the creator of Ordinals, and many market participants. That collection standard of Ordinals is Parent-Child Provenance. To create a new collection standard and to get the whole world to adopt it as a new STANDARD in Ordinals is unlikely at this point. Incidentally, there are actually a few indirect ways to "create" a collection in Ordinals that are part of the standards of Ordinals or Bitcoin. 1. Low inscription numbers. Ordinals has standardized the Inscription, so the first 1,000 inscriptions, or the first 10,000 inscriptions are built in "collections" that follow standards set by Ordinals. We already see increased value for inscriptions in these low inscription number "collections." 2. Cursed inscriptions. Before Inscriptions themselves became a STANDARD, some inscriptions were ignored. These were given a "cursed" status as part of the Ordinals standardization in January 2024 (the Jubilee). These now form a cursed "collection." Cursed inscriptions can also be numbered, so there will be a low cursed inscription number "collection" that will form and have long term value. 3. Inscriptions on sequential sats. Sat numbering is a STANDARD in Ordinals, and inscriptions that are inscribed on a sequential sat range can form a collection that is easily recognized in the standard Ordinals. 4. Inscriptions created in a single block or single transaction. These form a "collection" because of the standards of Bitcoin. 5. Inscriptions created on certain types of sats. Uncommons, block 9, 450x, pizza. There are other related ways to form collections using existing standards, or combinations of them. These can help "collections" that were created before the Parent-Child Provenance collection standard. 👉For future collections, using the STANDARD way to create a collection is essential for the long term value of that collection. For the OCM Genesis collection, we focused on creating a collection with long term value, and it took over two years to create this collection on Bitcoin. We worked with the Ordinals team on the collection standard, and used Parent-Child Provenance for OCM Genesis. In addition, we used sequential sat numbers (45017800001-45017810000), and the parent inscription that contained the art of the whole 10k collection had a low inscription number (20219). The collection was batch inscribed so the multi inscription transactions grouped the collection from Bitcoin transactions. We were the first to do these things, and ended up being "Cursed" multiple times, the most cursed collection of 10k on block 9, 450x sats. OCM Genesis is a remarkable 10k Collection on Bitcoin, and the first and only 10k Parent-Child Provenance collection created in 2023. First and Cursed.👹

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Cursed sats👹are a hidden gem 👇 - Cursed sats are largely hidden on marketplaces today, and now is a good time to hunt for them. - Cursed sat floor is probably undervalued: lower supply, larger holder base, and much lower floor price compared to Uncommon sats and Bitmaps. - Cursed sats are a great collectible, and good entry for new Ordinals collectors. - Some Cursed sats could become some of the most historic and valuable collectibles in the world! - A few cursed collections stand out for being first to experiment with important new techniques that later became the standard in the Ordinals protocol. - @OnChainMonkey OCM Genesis was the first 10k collection inscribed with the collection standard on Bitcoin, before it became standard in the Ordinals protocol, so OCM became Cursed for being early, and the first.👹 🟧 What are Cursed sats? Cursed sats are sats that contain Cursed inscriptions, the artifacts of early Ordinals. Cursed inscriptions are no longer allowed, so no new Cursed sats can be created. Cursed sats are like block 9 or 450x sats, sats that get more historic over time, and can be used as a canvas for future inscriptions. And Cursed sats are much rarer than block 9, 450x, or Uncommon sats! 🟧 Why are Cursed sats valuable? Cursed sats are rare, and their supply is fixed. The inscriptions already on Cursed sats are diverse, and some of them will be the most coveted collectibles of Bitcoin. A few inscriptions are cursed because they were first to experiment with new techniques that advanced Ordinals. For example, the first collections to use the Parent-Child Provenance standard for collections are cursed. The early experiments with reinscription are cursed. Early batch inscriptions are cursed. These techniques have become standard in the Ordinals protocol today. 🟧 More Alpha: OCM Genesis - First and Cursed. - OCM Genesis was cursed multiple times, among the few sats cursed 3+ times. - OCM Genesis was cursed for being the first 10k to use Parent-Child Provenance, the future standard for collections on Bitcoin. - OCM Genesis was cursed for being the first 10k collection to use Reinscription. - OCM Genesis are among the few cursed on Block 9, 450x sats. - OCM Genesis was the first 10k collection inscribed on Bitcoin in parent Inscription 20219 (Feb 2023) for distribution using Recursive Inscriptions, another future standard for Ordinal inscriptions. - Bitcoin and Ordinals are both about one thing, "stacking sats." Collecting the floor sats, or collecting the grail rarest sats. OCM Genesis was designed around the sat, and creating the rarest sats: 45017800001–45017810000. These 10k sats are in the 99.999999th percentile of earliest ranges, and the first 10k range to be inscribed ever on Bitcoin. The rarest 10k collection and First and Cursed.👹

Pay attention to Cursed Inscriptions. Cursed Inscriptions were those that Ordinals did not support in the early days. By accident, they were hidden from view. Wallets and marketplaces could not show them, even though they were already recorded immutably on Bitcoin. Cursed Inscriptions are a rare class of inscriptions. A historic artifact of the early days of Ordinals. They were cursed for different reasons, such as for Reinscriptions, Parent-Child Provenance, Batch Inscriptions, and other experiments with the protocol. These are the traits of the Cursed. Because the Cursed were hidden from view until recently, they have not gotten much recognition... yet. The Cursed are waking from the dead! 🔥