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- Bitcoin Miladys rolls out a “bridge” that lets Ethereum NFT users migrate to the Bitcoin Network through Ordinals.
- The process automatically destroys the original NFT on Ethereum when transferred, earning the tag “a one-way trip”
- The move puts BTC enthusiasts in a frenzy as they count on the benefits of having sought-after Ethereum NFTs on their network.
Six months after its launch and with over 10 million inscriptions, Ordinals is paving the way for top developers looking to integrate the Bitcoin (BTC) ecosystem with the cryptoverse.
The developers behind Bitcoin Miladys have announced the possibility of Ethereum non-fungible token (NFT) holders transferring their assets to the Bitcoin Network. Still, there is a little caveat, the Ethereum copy gets permanently destroyed.
The project was launched in partnership with Xverse Bitcoin Wallet, and Ordinals Market leverages a burn and mint process to move assets between both networks. The BRC- 721E token standard bridge, as it is fondly called,…