Glossary

Cursed Inscriptions

Inscriptions where negative numbers are displayed and inscriptions are counted backwards. Xverse, Hiro and other well-known wallets will not recognize Cursed Inscriptions and therefore Sparrow is the only wallet capable of handling them.

Derivation Path

Refers to the hierarchical structure used to generate a sequence of cryptographic keys and addresses from a single master seed phrase. This structure is commonly known as the Hierarchical Deterministic (HD) wallet. The HD wallet uses the hierarchical key derivation algorithm (HD algorithm) to generate a tree-like structure of keys. This tree structure starts with a single master key, derived from the seed phrase, and branches out to generate child keys and addresses.

Stamps

Stamps are not Ordinals, so they are not referenced in this document. They use the open-source Counterparty protocol that is built on the Bitcoin blockchain. Using the native Counterparty decentralized exchange and $XCP token, users can mint and trade digital assets stored on the Bitcoin chain.

Satoshi or Sat

The smallest unit of bitcoin equal to one hundred millionth a bitcoin.

1 sat = 0.00000001 BTC

1 BTC = 100,000,000 sats

Whoredinals

See this Tweet.