Fees for transactions on the Bitcoin blockchain are rising as people start minting hundreds of nonfungible tokens on the network for the first time.
Ordinals, a protocol created recently by Bitcoin developer Casey Rodarmor, has helped to allow people to mint NFTs or inscriptions, directly on the Bitcoin network since last month. Most NFTs, including the popular Bored Ape and CryptoPunks collections, have primarily been issued on Ethereum, making it the most commercially important blockchain.
