TechFlow news: Delphi Digital researcher Teng Yan tweeted that the Ordinals protocol introduces unique features to Bitcoin that cannot be replicated on other platforms such as Ethereum or Solana.
This involves hunting for "rare sats," which could present million-dollar opportunities. The concept of "rare sats" is subjective, built upon a shared belief in their scarcity and value. The creator of the Ordinals protocol, rodarmor, categorizes them into different tiers ranging from common to mythical.
Beyond rodarmor’s system, some enthusiasts are searching for other unique sats—such as sats from Block 9 in 2009 or the so-called "pizza" sats. (1 BTC = 100 million sats)
Early creators have joined this trend, gaining recognition by inscribing content onto rare sats. However, not all "rare sats" are genuinely scarce. While Block 9 sats are the oldest in circulation, there are actually 5 billion Block 9 sats.
Despite limited supply, over time more sat hunters are expected to discover rare sats. I believe that as participation grows, the novelty of inscribing on Block 9 "rare sats" will gradually fade.
Therefore, I remain skeptical about whether most "rare sats" truly hold value:
- Scarcity metrics are arbitrarily defined; some criteria may be overly whimsical, such as palindromes.
- Some so-called "rare sats" are not actually that scarce.
- Genuinely limited sats—such as rodarmor's "uncommon" or "rare" categories—may possess historical value.
Nonetheless, I firmly believe new types of "rare sats" will be discovered in the future, gain social consensus, and become culturally or historically significant artifacts.
