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The global crypto market cap is $1.73 trillion with a 24-hour volume of $83.77 billion. The price of Bitcoin is $46,825.17 and BTC market dominance is 53.1%. The price of Ethereum is $2,315.17 and ETH market dominance is 16.1%. The best performing cryptoasset sector is Computing, which gained 17%.
The project allows people to play classic SNES games through an Inscription, or NFT, called Pizza Ninjas.
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
Bitcoin developers at Ninjalerts have successfully inscribed the Super Nintendo Entertainment System (SNES) emulator on a Bitcoin satoshi, marking a significant advancement in the capabilities of Bitcoin Ordinals.
The project was spearheaded by the team at Ninjalerts and aims to redefine the intersection of art, gaming, and blockchain technology in the form of NFTs — essentially pushing the boundary beyond static images to something more intractable.
The project also seeks to preserve digital cultural artifacts such as classic video games through Bitcoin, especially those not restricted by copyright laws. Emulators are considered legal as long as they are used to run games that have become part of the public domain and no longer have a copyright.
The SNES emulator, a software that enables one computer system to mimic another, allows users to play classic Nintendo games on a platform they were not initially designed for, in this case, the Bitcoin blockchain.
Ninjalerts CEO Trevor Owens said the integration showcases the versatility of Bitcoin Ordinals and attempts to address the critical issue of preserving classic video games. He pointed to a recent report by the Video Game History Foundation, which revealed that 87% of classic games are not in active, licensed circulation — deeming them “critically endangered.”
The project, titled “Pizza Ninja,” embeds the SNES emulator within each Ninja Profile Picture, allowing users to access and play games through Ordinals explorers or marketplaces directly in their browsers.
The developers have also created a comprehensive GitBook, spanning 88 pages, including images, code, and a detailed project walkthrough.
Trevor Owens, CEO of Ninjalerts, explained that the company chose to inscribe an SNES emulator onto the Bitcoin blockchain because of the blocksize cost and the inherent limitations of a Bitcoin block, which is capped at 1MB.
Owens said these new capabilities are part of the evolution of NFTs, which should not be limited to static images of monkeys. He added that the new technology will allow Pizza Ninja holders to create custom animations for their NFTs or resize them to any scale they like. Holders are also able to create social stickers with a single click and play SNES games through the NFT.
This innovation follows the path set by previous projects, such as inscribing a playable clone of the classic game Doom on the Bitcoin blockchain. The recent BRC-69 standard, introduced in July, has played a crucial role in this development by introducing recursive inscriptions.
This mechanism allows for extracting and recombining data from existing inscriptions to create new ones, a technique used extensively in the Pizza Ninja project.
While the project has been met with enthusiasm for its technical prowess and contribution to game preservation, it has also sparked debate within the Bitcoin community.
Some purists argue against non-financial transactions on the network, a sentiment acknowledged by Owens. However, he views this controversy as a catalyst for further discussion on the importance of preserving digital cultural artifacts and the unique role of Bitcoin in this endeavor.
AJ, a passionate journalist since Yemen’s 2011 Arab Spring, has honed his skills worldwide for over a decade. Specializing in financial journalism, he now focuses on crypto reporting.
CryptoSlate is a comprehensive and contextualized source for crypto news, insights, and data. Focusing on Bitcoin, macro, DeFi and AI.
In this report, CryptoSlate dives deep into the largest Bitcoin holders to provide insights into the impacts all of these entities can have on the Bitcoin market.
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Bitget’s rise as a leading crypto exchange with cutting-edge features and strong dedication to transparency and security.
Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
The total amount of bitcoins is 21 million, and one can be subdivided into 100 million satoshi (satoshi is sat, the smallest unit of bitcoin), and there are 2100 trillion satoshi in total.
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