Ordinals Market

Ordinals Market is a platform that allows people to trade Bitcoin inscriptions on the Ethereum blockchain.

Bitcoin inscription trading can sometimes be difficult because of the slow speed of the Bitcoin network. To solve this problem, Ordinals Market stores each inscription in a secure vault, which is an ERC-721 token on the Ethereum blockchain.

The vault has the encrypted private keys to the Bitcoin address that owns the inscription. The owner can open the vault at any time, decrypt the private keys, and claim the inscription directly on the Bitcoin network. If the vault is opened and the Bitcoin private keys are exposed, the ERC-721 token is burned and can no longer be traded on Ethereum. Alternatively, the owner can choose to keep the inscription in the vault for easier trading and transfer.