The Ordinals community around the Taproot Wizards inscription has donated almost .85 bitcoins to HRF.
Taproot Wizards Ordinal inscription collection community have announced a donation of bitcoins worth about $19,000 to the Human Rights Foundation’s Bitcoin Development Fund. The fund supports and finances various Bitcoin projects, developers and Bitcoin Core contributors.
In addition, according to the announcement tweetmore than 5,000 lightning micro-transactions took place from apparently new users of Bitcoin’s Lightning Network.
According to Udi Wertheimer, who introduced himself as “Taproot Wizard #0001”, “Struck by Lightning” Wizard School continued for 48 hours, during which 5,800 unique accounts participated. These accounts sent a total donation of 0.845 BTC, currently worth about $19,000.
The average donation is about $3.50, and the majority of donations are $2.00 or around 10,000 sats. “All payments are made through Lightning, and according to the reaction on our dispute server it seems that the majority of the first users,” Wertheimer explained.
Bitcoiners who have never experienced the amazing speed of the Lightning Network are surprised in the fast nature of their payments. “I never knew lightning was so fast,” the user said. “Shit is crazy.”
The ordinal inscription has taken the Bitcoin community by storm since its introduction, with the protocol well on its way to over 500,000 inscriptions. While the implications of Ordinals are not yet agreed upon, it is certain that the immutable data storage that Ordinals and Taproot enable unlocks new developments and communities around Bitcoin.