Bitcoin, Explained — The Technical Side of Bitcoin

Bitcoin, Explained 72: Inscriptions

In this episode of Bitcoin, Explained, Aaron and Sjors explain Inscriptions, a new method to upload arbitrary data onto the Bitcoin blockchain. Episode Sponsor: https://voltage.cloud/ Sjors New Book: https://www.amazon.c...

2023-02-09

Episode notes

In this episode of Bitcoin, Explained, Aaron and Sjors explain Inscriptions, a new method to upload arbitrary data onto the Bitcoin blockchain.


Chapters


00:00:00 Inscriptions and listener boosts

00:03:28 OP_RETURN and the cost of blockchain data

00:07:34 Inscriptions, Ordinals and on-chain images

00:09:59 How inscriptions use the transaction witness

00:17:16 Taproot and inscription size limits

00:19:48 The SegWit discount and block weight

00:24:34 The controversy: node costs and filtering

00:28:49 Fee markets and Bitcoin’s long-term security

00:33:25 Ordinals, NFTs and digital ownership


Episode Sponsor: https://voltage.cloud/


Sjors New Book: https://www.amazon.com/Bitcoin-Technical-innovations-Sjors-Provoost/dp/9090360425