Bitcoin NFTs are constantly evolving, and a new type of NFT called “Stamps” is gaining popularity on the Bitcoin blockchain. “Stamps” are a new way to embed image data on the blockchain and are quickly becoming an alternative to inscriptions.

Since their creation in March, over 10,000 new NFTs have been created using Bitcoin Stamps. By comparison, Bitcoin Ordinals, which were created in January, barely had 2,000 items issued in their first month of existence.

The name “Stamps” stands for “Secure Tradeable Art Maintained Securely” and offers many advantages over Ordinal inscriptions. The primary advantage is improved decentralization and immutability. Stamps store images directly in transaction outputs, ensuring that any NFTs created using Stamps will be immutable forever. In contrast, individual node runners can prune data from Ordinal NFTs, potentially creating different versions of the same NFT.

Bitcoin Stamps can also be semi-fungible, allowing users to issue “1 of 1” or “1 of many” digital assets, similar to Ethereum’s ERC-1155 token standard. This feature opens up many new use cases for NFT technology and will undoubtedly help Stamps gain wider adoption over time.

Finally, Bitcoin Stamps are more data-efficient than Bitcoin Ordinals, making it easier to create, store, and trade lightweight image files. Overall, Stamps offer a more secure and immutable alternative to inscriptions and are quickly gaining popularity among Bitcoin NFT users.