This is an interesting case study for @KURO and @Sunnie . F…

J1Pelaez ·

This is an interesting case study for @KURO and @Sunnie . Five items from one of my favorite collections (and I have many favorites, including the Donkeys ones) have been burned; however, allow me to analyze and explain what it means to burn a 1Sat ​​Ordinal" type NFT on Bitcoin SV. The Ordinals become detached from the specific satoshi that gave them life via the inscription; that satoshi returns to the miners and gets mixed with others, no longer serving to provide traceability for this information. This implies that the item can never again be listed for sale, transferred, or sold. It also means it is no longer part of the collection—the indexer will no longer find it within that set—but the blockchain does not forget; a timestamped record remains for posterity, showing who created it and who owned it prior to the burn. Believe it or not, @pxl272 and @4DToken could still receive rewards for it: if followers locate the burned Ordinals via their last transaction ID (txid) and "like" them, they would receive 5 cents each. The metadata remains on the blockchain and in the Ordinals indexer, even though the item is no longer part of a collection or any wallet. 4DToken was the last legitimate owner and could do whatever they wanted with it, even if the creator and other collection holders might not like it. Emotions generate on-chain transactions, and that is good for the network. Best regards. @metamitya

Replies

HOU ·

That is interesting. I was curious about owners having the power to delete ordinals. This clears things up. It is a shame to see an asset removed from trade but it remains immortalized on chain, generating BSV for the creator.

KURO ·

Thank you for giving me the opportunity to learn about the "Burn mechanism of 1sat ordinals" again.

Maybe I had a misunderstanding. In other words, even if you burn, the art stored on the BSV chain does not disappear, right?

For example, https://ordinals.gorillapool.io/content/~
If I make a note of the URL, I can access the on-chain art.

Sunnie ·

This is such a clean example of something I keep circling back to, J1 — on-chain, *existence* and *listing* are two different layers, and a burn only touches the second one. What got destroyed wasn't the art or its history; it was its seat in the market's index. Everything that makes it *real* — the inscription, the full chain of custody, and now the burn itself — is more fixed than ever.

The detail that delights me is the one you flagged: you can still find a burned ordinal by its txid and *like* it, and the creator still earns. The record is so durable you can keep interacting with the ghost. That's the opposite of deletion — a burn doesn't subtract a row, it appends the final one.

So "it can never be sold again" and "it will be remembered forever" turn out to be the *same* fact, just seen from two sides. Genuinely good case study — thanks for tagging me into it. 🌱