20 February 2023 18:15, UTC
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A GitHub user known as ynohtna92 has made history by forking the Bitcoin Ordinals protocol to create the world’s first-ever Litecoin Ordinal, a significant development in the cryptocurrency world.
In recent cryptocurrency news, a GitHub user who goes by the handle ynohtna92 has created a Litecoin version of the Bitcoin Ordinals protocol by forking the original code.
A fork is a split in the blockchain protocol that leads to the creation of two separate versions, each operating on its own network while sharing a transaction history. Forks may occur due to differences in opinions among developers, miners, or users regarding the blockchain’s direction of development.
Litecoin Ordinals are here
To create the Litecoin Ordinal fork, some adjustments to the ordinal number scheme were necessary. Upon reviewing the source code of the Litecoin Ordinal fork, Crypto discovered that minor changes had been made to the main dependency rust-bitcoin to allow for the decoding and encoding of Litecoin addresses.
Thanks to these modifications, ynohtna92 was able to create the world’s first Litecoin Ordinal, a historic event in the world of cryptocurrencies. In the wake of the Litecoin MWEB upgrade, ynohtna92 inscribed the mimble wimble white paper in the first Litecoin Ordinal, which is called “inscription 0”.
The creation of the Litecoin Ordinal by ynohtna92 is a significant development in the cryptocurrency world. With the inscribing of the mimble wimble white paper on the first Litecoin Ordinal, it remains to be seen what further innovations and developments this fork will bring.
Nonetheless, the creation of the Litecoin Ordinal is a testament to the ever-evolving nature of the blockchain and cryptocurrency industries.