Original Author: Mansi Sarvaiya
Original source: cryptotimes
The bitmap theory revolutionized the link between Bitcoin and the Metaverse , allowing users to own and record individual blocks, sparking a frenzy of exciting activity.
Bitcoin enthusiasts are in for an exciting journey as Bitmap Theory, the latest innovation in the cryptocurrency space, introduces a ground-breaking way to connect Bitcoin to the Metaverse . Developed by the anonymous creator Bitoshi Blockamoto, the open-source standard allows individuals to claim ownership of specific bitcoin blocks, sparking a frenzy of activity and creative exploration.
https://twitter.com/blockamoto/status/1668535884075921408
Similar to the popular Ordinals platform, which permanently imprints individual satoshis (the smallest unit of account in Bitcoin), Bitmap Theory takes this concept a step further by offering users the opportunity to own and inscribe entire Bitcoin blocks.
Since its release on June 13, Bitmap Theory has captured the attention of the Ordinals community, sparking an inscription frenzy. According to the official blog of Bitmap Theory, "Using Bitmap (bitmap), any block on the Bitcoin blockchain can be inscribed, making it an integral part of the Metaverse. The platform can parse this block data into a 3D realm , and grant build access to block owners, creating a new paradigm for open source development .”
Enthusiasts were quick to claim ownership of historical blocks, such as the first block mined by Binance, which contained important transactions from the Silk Road era. The excitement and demand even prompted some to sell blocks for as much as 0.1 BTC .
https://twitter.com/8bitsats/status/1670609289348542464
Mark Shaw (also known as BTC on Twitter) expressed his surprise, tweeting: "Wow! 66924 bitmap inscriptions now. No signs of slowing down. People seem to get it. It costs super Low, super easy to make, available to everyone, all you need is imagination".
https://twitter.com/markshaw/status/1670337295839264768
To navigate the complex landscape of bitmaps, Mark Shaw provides valuable guidance in a comprehensive Twitter thread. He shares insights on which blocks to write to, useful sites, potential use cases, and the implications of this groundbreaking theory.
Domain service platform iDclub, which tracks name types and the number of inscriptions on the Bitcoin blockchain, has seen an alarming increase in the number of .bitmap inscriptions. In just six days, .bitmap climbed from nonexistent to number two on the list, surpassing the BTC domain with over 190,000 inscriptions in the past week.
Through Bitmap Theory, the line between Bitcoin and the Metaverse is blurred, paving the way for an immersive digital realm where ownership, creativity, and community thrive. This fusion of blockchain technology and virtual experiences opens up a world of possibilities for Bitcoin enthusiasts and metaverse pioneers alike.
As the inscription craze continues to unfold, the future holds great potential for those looking to claim their place in the digital goldmine and become permanent contributors.
