NFT infrastructure protocol CapsuleNFT launched Ordinal Oranges, and Bitcoin NFT can be accessed on the main network of Ethereum

It is reported that Bitcoin NFT can be accessed on the main Internet of Ethereum with the help of Order Orange, and the problem of cross-chain interaction has been solved. Ordinal Orange is a collection of 256 congs on the Bitcoin network. Ordinal Orange holders can choose to “destroy” NFT on the Ethereum network at any time.

Interpretation of this information:

The recent development in blockchain technology has made it possible to merge two different blockchains, Bitcoin and Ethereum, via Order Orange. According to the report, Order Orange is a set of 256 congs that help to access Bitcoin NFT on Ethereum’s decentralized network. This has solved the problem of cross-chain interaction and enabled Bitcoin NFT to be used more widely.

NFT or Non-Fungible Token is a unique digital asset that cannot be replicated or exchanged for something else. They are used to verify ownership, authenticity, and provenance of digital assets. NFTs are often associated with art, music, videos, and other digital creations. Currently, NFTs are mainly built on Ethereum blockchain due to its smart contract capabilities. However, Order Orange has made it possible for Bitcoin NFTs to be transferred and traded on Ethereum.

This integration between Bitcoin and Ethereum has been long-awaited as both blockchains have their own strengths and limitations. Bitcoin is known for its global acceptance and security, while Ethereum is appreciated for its smart contract functionality and flexibility. With the help of Order Orange, Bitcoin NFTs can now tap into Ethereum’s ecosystem of DApps, DeFi, and other decentralized applications.

The significance of this development goes beyond just the ease of transferring Bitcoin NFTs on Ethereum. This move brings more liquidity to the NFT market, expands the use case of both Bitcoin and Ethereum, and builds stronger interoperability between blockchains. Additionally, the fact that Ordinal Orange holders can “destroy” the NFT on the Ethereum network gives them more control over their digital assets and privacy.

In summary, the three keywords that capture the essence of this message are:

1. Order Orange: A collection of 256 congs that bridge the gap between Bitcoin and Ethereum blockchain

2. Bitcoin NFT: A unique digital asset on the Bitcoin blockchain that can now be accessed on Ethereum’s blockchain with the help of Order Orange

3. Cross-chain interaction: The ability of two different blockchains to communicate with each other, which is made possible by Order Orange and notable for its impact on the NFT market and overall blockchain interoperability.