I've been working on a project called ordinals, which assigns identities to individual sats and tracks them across transactions.
Building on ordinal theory, we just got inscriptions ready for testing. Inscriptions are Bitcoin-native NFTS that can contain arbitrary content, like an image or text, and are attached to individual sats, which can be transferred using the ordinal transfer rules.
Creating Bitcoin-native NFTs is actually the whole reason I started working on ordinals in the first place. Bitcoin has no obvious thing that can "own" an NFT. Addresses should not be reused, and UTXOs are created and destroyed in transactions. Ordinals assign identity to individual sats, to which NFTs can be assigned.
Along with the code, which is on GitHub, there's also an overview of how inscriptions work, a guide to making inscriptions on signet, and a twitter thread about the release.
We're looking for testing and feedback, so if you feel like giving it a whirl on signet, let us know how it went on GitHub!
CHANGE MY MIND