Bitcoin NFTs (Ordinals) a threat to Ethereum NFT Ecosystem?

“Bitcoin NFTs (Ordinals) latest data suggest that Up until 7 February 2023: * Over 13,000 Ordinals transactions * 526MB of Bitcoin blockspace usage * 6.77 BTC of Ordinals related spend The interest is growing in NFTs on Bitcoin Network. Will it surpass Ethereum? Or is it a threat to other L1s?”

As of today, this “Bitcoin NFTs (Ordinals) a threat to Ethereum NFT Ecosystem?” video, uploaded by Bitinning on 2023-02-09 11:09:35, was viewed 4134 times and had 488 likes.

An NFT, non-fungible token, is a non-interchangeable unit of data that may be traded and sold that is held on a blockchain, a type of digital ledger. Digital media such as audio, videos, and photographs may be connected with several types of NFT data units.