Episode notes
In this episode of Bitcoin, Explained, Aaron and Sjors explain Stamps, a new(?) protocol to upload images onto the Bitcoin blockchain, which end up in the UTXO set. To learn more about some of the concepts mentioned in this episode, also check out episode 15 (Utreexo), episode 61 (OP_RETURN), episode 72 (Inscriptions) and episode 75 (Multisig).
Chapters
00:00:00 Stamps, an invalid block and listener boosts
00:01:30 Stamps and the Counterparty revival
00:10:30 How Stamps store images in bare multisig
00:14:58 UTXO growth and the cost to Bitcoin nodes
00:17:42 Are Stamps more permanent than inscriptions?
00:25:08 Utreexo challenges the permanence argument
00:30:01 Costs and trade-offs of Stamps versus inscriptions
00:35:09 F2Pool’s invalid block and the sigops limit
00:40:11 Mining valid blocks while maximizing fees
Episode Sponsor: https://voltage.cloud/
Sjors New Book: https://btcwip.com/
