Ordinals

What Are Ordinals?

Ordinals are a protocol that allows individual satoshis (the smallest units of BTC) to be uniquely identified and inscribed with arbitrary data, such as images, text, or code — enabling NFT-like assets natively on Bitcoin.

Developed by Casey Rodarmor and launched in early 2023, Ordinals use Taproot and SegWit to embed data directly into Bitcoin transactions without changing consensus rules or requiring new tokens.

🔧 How It Works

• Each satoshi is assigned a unique ordinal number based on its position in the blockchain.

• An inscription attaches data to a specific satoshi using witness data in a Taproot transaction.

• The inscribed sat remains part of a UTXO, and can be transferred like any other Bitcoin output.

💡 Key Features

• 100% on-chain — no external storage or tokens

• Immutable — data is stored forever on Bitcoin

• Tokenless — no smart contracts, no ERC/BRC standards

• UTXO-native — inscriptions live inside Bitcoin’s core structure

📦 What Can Be Inscribed?

• Images (PNG, JPEG, SVG, WebP)

• Text (Markdown, JSON, etc.)

• HTML, JavaScript

• Any arbitrary data (up to ~4 MB)

Ordinals turn Bitcoin into a canvas for digital artifacts — fully decentralized, permanent, and secured by the Bitcoin network itself.

Create Ordinals

➱ Open the Asigna multisig app:

Navigate to the Asigna multisig app in your web browser: https://btc.asigna.io/

➱ Select the Vault:

On the homepage page select the Vault and open it by clicking the Vault preview card.

➱ Access Ordinals:

Navigate to the Assets section -> Ordinals tab.

➱ Navigate to external extension:

On the Ordinals page click Add new button. On the appeared window choose one of the dApps (UniSat or MagicEden), where you can trade Ordinals or inscribe your own.

Here you can find a step-by-step guides on how to inscribe Ordinals:

• UniSat
• MagicEden

Once the inscription or purchase process is completed, you can locate a newly added Bitcoin Ordinal in the Ordinals tab of your Asigna Vault.

Transfer Ordinals

➱ Choose an available Ordinal

Select the Ordinal, click the “...” button to open the options menu. From the list of actions, click Send.

➱ Send an Ordinal

A modal window will appear, prompting you to input the Recipient Address.

After entering the necessary details, you'll be prompted to select a transaction fee. You can choose from the recommended fee options or input a custom fee.

➱ Transaction Review and Confirmation

Once the fee is set, you'll be able to review the transaction details. If everything is correct, click Confirm button and confirm the transaction in the connected wallet.

➱ Transaction Execution

Before the transaction is executed, it must be signed by the required number of Vault owners. Once the confirmation threshold is reached, locate this transaction in the Transactions section -> Queue tab and click the Execute button to start broadcasting of the transaction.