A noteworthy development has recently taken place in the crypto sector as someone expressed a new way to celebrate President Trump’s inauguration. As per Lookonchain, someone reportedly embedded President Donald Trump’s picture into a Bitcoin ($BTC) block as a way to celebrate his approaching inauguration. The on-chain analytics provider took to social media to disclose this event.
Someone Celebrates Trump’s Inauguration by Inscribing His Portrait into Bitcoin Block
Lookonchain pointed out that someone has devised a unique method to celebrate President Donald Trump’s approaching inauguration. In this respect, the respective party has embedded Trump’s picture in a Bitcoin block. For this purpose, the Ordinals protocol was reportedly utilized to include the data. Ordinals protocol enables the inscription of images, text, and other such data onto the blockchain.
With this operation of inscription, the party doing that has obtained a significant attention across the crypto community. In addition to this, the development also underscores a noteworthy method to immortalize messages, art. Hence, such an activity can permanently record the inscribed information in the history of the blockchain.
Image Gets Recorded in Blockchain History
According to Lookonchain, the operation of the above-mentioned inscription demanded a massive transaction fee. In this respect, the person involved in inscribing Trump’s portrait into the Bitcoin block paid up to 1.244 $BTC. This figure reportedly equals almost $127,000 at the present market price of Bitcoin. Thus, by paying this amount, the respective individual offered a new tribute that is now recorded permanently.
