Over 18,000 collectibles have already been released on the blockchain

The Bitcoin Stamps community is growing rapidly. The popular Bitcoin news site Bitcoin.com just announced that over 10,000 stamps have been minted in the past 17 days, bringing the total to over 18,000. What is causing this surge in interest in Bitcoin stamps?

What is the reason for the increase in interest in Bitcoin stamps?

Like Bitcoin Ordinals, the technology allows people to create NFTs on the Bitcoin blockchain. This ability is a big step forward for Bitcoin fans who wanted to join in on the fun of NFT trading. Additionally, some traders are focusing on the new technology because they feel there is some historical significance to getting in early on Bitcoin NFTs.

Many choose Bitcoin stamps over Bitcoin Ordinals inscriptions. This group believes stamps are the superior method of creating NFTs, arguing that new technology offers additional decentralization and immutability. Node operators cannot “prune” stamps like Ordinal Inscription, therefore users do not need to worry about node runners changing data for a given stamp.

In addition, stamps allow creators to produce semi-fungible tokens. Similar to Ethereum’s ERC-1155 token standard, stamps can be issued as “one of one” tokens or “one of many” issues. This capability opens up many new uses for NFT technology, and is sure to help stamps gain wider use over time.

What do people make with stamps?

Stamps cost more to make than Ordinals. Therefore, the creators recommend starting with images of 24×24 pixels to limit costs. Some people have had success creating high resolution artwork using SVG graphics. One innovator even managed to attach an MP3 file to a Bitcoin stamp. Another person replicated the classic game “Snake” on a stamp.

Some popular early collections include Stampunks, Bitcoin Flocks, Broken JPGS and more. As more and more people continue to build on the new technology, it’s clear that the 18,000+ stamps in existence are just the beginning.