Learn about Rare Satoshi's past and present in one article
Original author:0xBeyondLee
Original author:
1. The era of "Cong" has come
In addition to being an inscription carrier and a pricing unit, Satoshi itself is also naturally suitable for collection and hype. Of course, to clarify this point of view, we must first understand the attributes of Satoshi itself.
OpenOpenordinals official browser
, enter any number or name in the search box to find the corresponding Satoshi. The information contained in a satoshi is very rich. Take my name beyondlee as an example, including five representation methods, rarity, estimated mining time, etc.
The five mainstream representation methods of Satoshi are explained below, which can be understood as the identity id of Satoshi (satisfies the bijective concept in the set), that is, any representation can accurately lock a certain Satoshi, which is a one-to-one correspondence.
1. Integer notation integer representation
This is easy to understand, that is, the ranking among all Satoshi. But one thing needs to be emphasized, the exact value of the maximum mining amount of Satoshi is not 2100 trillion, but such a strange number as 2099999997690000. The specific reason is related to the halving of Satoshi, which will not be described in this article.
2. Decimal notation Decimal notation
A series of numbers separated by a period. The number before the point represents the height of the block, and the number after the point represents the specific position in the block.
3. Degree notation
Hours °, minutes', seconds", milliseconds‴, respectively correspond to the period, halving, difficulty adjustment, and block height. The rarity is determined on top of this notation, so it is crucial to understand this notation, These four concepts will be explained in detail later.
4. Percentile notation percentage representation
That is to say, the mining progress of all about 2100 trillion Satoshi is currently about 92.5%. The difficulty of mining will continue to increase with the progress, and the last Satoshi is expected to be mined sometime in 2140.
5. Name representation
Each satoshi has its own unique name, from nvtdijuwxlp to a, which is continuously simplified as the mining progress increases. The good news is that there are a lot of satoshis with special meanings, including your name, but the bad news is that due to their high order, almost all of them will not be mined until a hundred years later.
Special reminder, the above five representation methods involving numbers all start with 0 instead of 1.
It is not difficult to find some interesting things by carefully observing the representation of Satoshi. Satoshi, named 0 and a, echo each other at both ends of time and space, and together connect this magnificent epic spanning 2100 trillion pieces and lasting more than 130 years...
After understanding the expression method of Satoshi, let's delve into the four elements that define rare Satoshi, namely block, difficulty adjustment, halving, and cycle.
1. Blocks block
A new block is mined about every ten minutes, and this interval is relatively stable.
2. Difficulty adjustments
Every 2016 blocks, that is, about two weeks, the Bitcoin network will adjust the block mining difficulty target to correspond to changes in the hash rate to ensure the stability of the block speed.
3. Halvings halved
Every 210,000 blocks, or approximately four years, the number of satoshis contained in each block is halved. It’s also by far one of the most important narratives driving Bitcoin’s cycle.
4. Cycles
Every six halvings, something magical happens. The halving and difficulty adjustment will happen at the same time, which is the so-called "coincidence". The interval between the coincidences is the cycle, and the coincidence will occur approximately every 24 years. The first conjunction is predicted to occur sometime in 2032.
Finding the location of Satoshi is very convenient using decimal notation. However, it should be noted that in the decimal notation, the difficulty adjustment and halving are not a binary relationship, but two sets of statistical mechanisms that operate independently, only occasionally overlapping.More information about Satoshi can be found at。
ordinals Official Documentation
2. What is Rare Satoshi
After understanding the above concepts, it is natural to find that Satoshi who plays an important role in these periodic events, Satoshi with a unique name, and Satoshi who has experienced historical events will have a unique rarity and premium.
To give a very vivid example, Satoshi is like a hundred yuan in circulation. The purchasing power will not vary due to printing batches or changing hands several times, but due to the appearance of serial numbers, a small part of them with special numbers Paper money generated a premium. The same is true for Satoshi. Based on a certain consensus principle, a small part of Satoshi with special properties has generated an incredibly high premium in market circulation. In contrast, the consensus criteria for Satoshi mainstream are also much stricter than the Leopard number with RMB prefix numbers.
Below, this article will briefly introduce the two mainstream criteria, namely rare Satoshi and interesting Satoshi. Because these two types of Satoshi are very rare, they are sometimes collectively referred to as rare Satoshi.
1. Rare Satoshi
According to the permutation and combination of the four basic events covered by the decimal notation, the six rarities of Satoshi can be clearly defined, namely common, uncommon, rare, epic, legendary, and mythical.
It should be noted that the foreign community collectively refers to these five categories (except common) as rare satoshi, and the rare Satoshi among them is named Rare Satoshi in uppercase.
On May 23, the inscription with the serial number 8669069 was published, triggering heated discussions in the ordinals community and the Rare Satoshi community. It is notable because it is the first inscription to be inscribed on the rare Satoshi. You must know that among the current 1900 trillion satoshis, there are only 370 of the rare level, which makes this inscription very likely to become the most expensive encrypted artwork in history. In addition, "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks." contained in the picture was engraved in the genesis block by Satoshi Nakamoto, which endows it with unparalleled meaning. We must know that in the art world, the superposition of rarity can often achieve the effect of 1+ 1>>>2.
2. Interesting Cong
The definition of interesting Satoshi is quite flexible, and you can even define a certain type of Satoshi that has the characteristics of interesting Satoshi because of its special meaning. The current mainstream interesting Satoshi mainly includes the following categories.
1 st TX Satoshi who first sent: On January 12, 2009, Satoshi Nakamoto sent 10 bitcoins to Hal Finney, which was also the first chain interaction in history.
JPEG Satoshi: Possibly the first-ever purchase of Bitcoin occurred on February 24, 2010.
Digits Palin Number Palindrome Satoshi: That is, the Satoshi number is a palindrome in integer notation, such as 15951.
Name Palin Name palindrome Satoshi: that is, the name is a palindrome Satoshi, such as btcctb.
Pizza Pizza Satoshi: Even if 10,000 bitcoins were used to buy the Satoshi used in the pizza transaction, this transaction is also the source of Bitcoin's nickname "big pie". It happened on May 22, 2010, and this day has since been designated as Pizza Day .
Vintage Antique Satoshi: the Satoshi contained in the first 1000 blocks.
Nakamoto Nakamoto Satoshi: Satoshi mined by Nakamoto Satoshi, I have to say the name is very interesting.
Block 78 Block 78 Satoshi: Satoshi mined by Hal Finney, this is the first time that someone other than Satoshi Nakamoto participated in mining.
existord.ioexist
Instructions for these classifications can be easily found in the market.
3. Inventory of mainstream projects@RareSatSocietyDifferent from other Bitcoin ecosystems, this time the projects and communities on the rare Satoshi sector are mainly dominated by foreign players, while the Chinese community has low participation in the early stage. in
That is, the RSSC rare Satoshi community is the most out of the circle. The community also produced an identity for OG using the .sats domain name.
1、CTRL
This article will take stock of the top ten rare Satoshi-related projects, which does not constitute any investment advice and is for learning reference only.@SeizeCTRLThe ultra-rare inscription No. 8669069 mentioned above is from
2、Nullish
@null_ishIn this project, each of their plus artworks will be engraved on the rare Satoshi, which establishes its king status in the rare Satoshi board.
3、Ordinal Maxi Biz (OMB)
@OrdinalMaxiBizis a collection of nfts inscribed on uncommon Satoshi, sold via PSBT (Partially Signed Bitcoin Transactions) on the Gamma platform.
4、BitPepe
@BitPepe 3333 It is the top rare satoshi nft project, all the collections are engraved on the ninth block of Block 9, and the current floor price is about 2.88 BTC.
5、Cypherpunk Ghosts
@GhostsBtcThere are a total of 3333 pepe nfts in the whole series, which are composed of six rarity attribute nfts.
6、Inscribed Pepes
@InscribedPepeThere are a total of 777 ghost nfts in the whole series, and this is also the first dynamic HTML engraved on uncommon non-common Satoshi.
7、Bitcoin Bees
@OrdinalBeesConsists of 420 pepe nft inscribed on uncommon uncommon Satoshi.
8、Pixel Panda Wars
@pixelpandawarsIt is a 1000+ NFT engraved on rare Satoshi such as Antique Satoshi and Palindrome Satoshi.
9、Satributes.art
@satributesA collection of panda nfts inscribed on block 78 block 78 Satoshi.
10、$XING
@xingbrc 20 Collection of nft engraved on Vintage Antique Satoshi.
Is the first BRC 20 inscribed on uncommon Satoshi.
4. Related platforms
It can be roughly divided into tool platforms and trading platforms. Participants in Rare Satoshi are mainly overseas users. At present, there are few tutorials for Chinese users. The author will update relevant information in succession. Once again, the following information does not constitute investment advice, and the author cannot guarantee the credibility of these platforms, it is for learning reference only.
Cooperateofficial documentofficial document
2、Sating
@satingioUsing it, you can query all the information of Satoshi, and it is the most reliable tool platform so far.
3、Ordinal Hub
@ordinalhubIt is currently the most powerful comprehensive platform for rare satoshi and interesting satoshi, which integrates multiple functions such as retrieval, casting, and transfer. The tutorial will be updated later.
The rare Satoshi search and analysis platform needs to be bound to the mailbox to use.
4、f 2 pool
The above is the tool platform, and the following is the introduction of the trading platform.@bitfish 1 God fish@f 2 pool_officialfish pond developed
5、ord.io
@ord_ioYou can participate in the rare Satoshi auction, the current price is about 500-700 u for an uncommon uncommon Satoshi, which is also the channel with the lowest price at present.
6、gamma.io
@trygammaIt is the most mainstream exchange for rare Satoshi inscriptions, with clear and efficient retrieval for inscriptions of different rarities.
