๐ŸŠGetting started

A quick guide of getting started documents for Ordinals

Links:

Wallet Addresses: Think of Bitcoin addresses like your own personal mailbox. It's a place where people can send you letters or packages, but in the case of Bitcoin, it's where people can send you money. Now, let's talk about the different types of Bitcoin addresses:

  • SegWit (Segregated Witness): This is like a regular mailbox. It's been around for a while and is the most common type of Bitcoin address. When people send you Bitcoin to a SegWit address, the transaction information is stored separately from the actual transaction, making it more efficient and saving space.

  • Native SegWit: This is like a newer, more advanced mailbox. It's also known as bech32 addresses. With Native SegWit, the transactions are stored in a different way, which makes them even more efficient and helps reduce transaction fees. It's like having a fancy mailbox that can handle things more smoothly.

  • Taproot: This is like a super advanced mailbox. It's a new upgrade to the Bitcoin network that brings additional features and improves privacy. With Taproot, you can have more complex transactions, like smart contracts, which allow people to set certain conditions for their transactions to happen. It's like having a mailbox that can do cool tricks and extra things.

So, in summary:

  • SegWit is the regular mailbox, which is widely used.

  • Native SegWit is a newer, more efficient mailbox.

  • Taproot is a super advanced mailbox with extra features like smart contracts.

These different types of Bitcoin addresses offer various benefits and improvements, but the most important thing is that they all allow you to receive Bitcoin and have control over your own money.

Addresses: bc1pxxx- Taproot (will work with lightning network and ordinals) 1xxx - Non-segwit legacy address (won't work with lightning network) 3xxx - Segwit (will work with lightning network) bc1xxx- Native Segwit (will work with lightning network)

Wallet Providers:

  1. Xverse Wallet: Xverse Wallet is a software wallet that is entirely virtual and non-custodial. It allows users to store Bitcoin and Bitcoin Ordinals together and also inscribe their Ordinals within the wallet app.

  2. Hiro Wallet: Hiro Wallet is another software wallet that allows users to both inscribe and store Ordinals. It supports both Ordinals and NFTs made on the Stacks protocol and offers non-custodial storage. Hiro Wallet is available as a desktop app and a browser extension

  3. Ordinals Wallet: This is a software wallet specifically made to store and receive Ordinals, not Bitcoin or other assets. It protects your seed phrase using PBKDF2 hashing and AES-128 encryption, and offers both multi-factor and two-factor authentication for secure login

  4. Sparrow Wallet: Sparrow Wallet is a tab-based desktop wallet that supports Partially Signed Bitcoin Transactions (PSBTs). It uses a configuration of the Argon2 algorithm to store your private keys securely. Sparrow Wallet also supports a variety of popular hardware wallets

Marketplaces:

  1. Gamma Gamma is an open marketplace for Bitcoin NFTs, which also includes Bitcoin Ordinals. Website: Gamma

  2. Ordinals.market Ordinals.market is touted as the largest marketplace for Ordinals. Users can trade Ordinals natively with a Bitcoin wallet or a verified Ethereum Ordinal vault. Website: Ordinals.market

  3. Magic Eden Magic Eden allows users to buy and sell Bitcoin Ordinals. Website: Magic Eden

Other Marketplaces: https://ordswap.io/ https://ordx.io/ https://unisat.io/market https://ordinalswallet.com/collect

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