More than 53,000 Bitcoin .sats domain names have been minted based on the Ordinals protocol, and the first domain name "helloworld.sats" was registered on February 22.

律动BlockBeats · 2023-03-07T07:30:03.000Z

BlockBeats news, on March 7, according to Dune Analytics data, more than 53,000 Bitcoin .sats domain names developed based on the Ordinals protocol have been minted. After deduplication, the number of independent domain names has reached 42,000, and the number of independent minting addresses is close to 24,000. , resulting in a fee of 105 million SATS (approximately US$23,000). Sats Names is a standard for writing names into Bitcoin using ordinal numbers. The goal is to establish a domain name ecosystem for Bitcoin. The first domain name "helloworld.sats" was registered on February 22, 2023. Registering and renewing a domain requires only Bitcoin transactions, and only Bitcoin transactions. Bitcoin nodes contain all the information needed to achieve the status of all domains. No additional database or trusted services are required. Any client can independently calculate the true status of all domain names. BlockBeats Note: The first user to register an independent .sats domain name owns the domain name and the right to update the domain name. When registering a .sats domain name, users should check the existing domain name to prevent repeated registration.

According to BlockBeats, on March 7, according to Dune Analytics data, more than 53,000 Bitcoin .sats domain names developed based on the Ordinals protocol have been minted. The number of independent domain names after deduplication has reached 42,000, and the number of independent minting addresses is close to 24,000, generating a fee of 105 million SATS (about $23,000). Sats Names is a standard for writing names into Bitcoin using ordinals. The goal is to establish a domain name ecosystem for Bitcoin. The first domain name "helloworld.sats" was registered on February 22, 2023. Only Bitcoin transactions are required to register and update domain names, and only Bitcoin transactions. Bitcoin nodes contain all the information needed to achieve the status of all domain names. No other databases or trusted services are required. Any client can independently calculate the true status of all domain names. BlockBeats Note: The first user to register an independent .sats domain name owns the domain name and the right to update the domain name. When registering a .sats domain name, please pay attention to check the existing domain name to prevent duplicate registration.