News Explorer — MicroStrategy Considering Bitcoin Ordinals to Power Apps: Michael Saylor

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May 19, 12:57 am

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MicroStrategy Considering Bitcoin Ordinals to Power Apps: Michael Saylor

MicroStrategy co-founder and Executive Chairman Michael Saylor has revealed that the company is assessing the potential of Ordinals protocol in terms of application development. Ordinals has been used to create NFT-like assets on top of Bitcoin and has been partly responsible for elevated transaction fees on Bitcoin. Saylor believes that the development of applications building on Bitcoin’s functionality could bolster the coin’s overall adoption.

MicroStrategy co-founder and Executive Chairman Michael Saylor has revealed that the company is assessing the potential of Ordinals protocol in terms of application development. Ordinals has been used to create NFT-like assets on top of Bitcoin and has been partly responsible for elevated transaction fees on Bitcoin. Saylor believes that the development of applications building on Bitcoin’s functionality could bolster the coin’s overall adoption.

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