Learn how Ethereum developers are drawn to Bitcoin by Ordinals, the protocol that’s taken Bitcoin by storm, sparking innovation and experimentation, and how startups like OrdinalSafe and Subjective Labs are making their mark in the Bitcoin community.
Among the crowds at the Bitcoin (BTC) 2023 conference in Miami past week were pockets of Ethereum (ETH) developers, drawn to the world’s largest and oldest digital currency by Ordinals.
Plenty of developers with roots in Web 3.0 attended Bitcoin (BTC) 2023 as a result of Ordinals, the protocol launched earlier this year that’s taken Bitcoin (BTC) by storm—sparking a wave of innovation, hype, and experimentation.
OrdinalSafe, a self-custodial Bitcoin (BTC) wallet built for Ordinals, was among the startups present with Ethereum (ETH) in its veins. The bulk of its development team has experience working with the second- largest crypto token by market cap.
The startup participated in Bitcoin (BTC) 2023’s “Pitch Day,” and it in the end won Second place in the competition’s infrastructure category. The endeavor was a notable achievement and memorable experience, stated OrdinalSafe CEO Esad Yusuf Atik.
“It’s your 1st time on that stage, and you’re attempting to sell the vision of your product to other people, so you want to do a good job,” he stated. “I was really nervous, but going to the stage for the prize, it felt great.”
Atik, a 22-year-old developer from Turkey, 1st caught the Web 3.0 bug when he attended a hackathon in 2020. He, along with a couple of other members from the OrdinalSafe team, previously developed a protocol was known Proof of Innocence under the company Chainway.
Built for Tornado Cash—an Ethereum (ETH) coin mixer sanctioned by the U.S. last summer—Proof of Innocence is designed to assist users prove they didn’t deposit funds into the privacy tool from a sanctioned wallet address.
The project “got really good attention,” Atik stated, adding he and developers that worked on the protocol recently got to meet Ethereum (ETH) co- founder Vitalik Buterin in Montenegro. He also mentioned that Buterin talked about Proof of Innocence on stage at the Community Ethereum (ETH) Development Conference.
On the other hand, in February, Atik learned about Ordinals on Twitter platform and became transfixed. And, he and his fellow developers dove head- 1st into creating OrdinalSafe, in the end leading the crew to Miami.
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