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Bitcoin NFTs Are Filling Blocks | The Mining Pod

Hot Bitcoin NFT (Ordinals) talk on today's show. What are they? How are they possible? Is Bitcoin doomed? Find out. Matt Kimmell: https://twitter.com/MatthewKimmell Will Foxley: https://twitter.com/wsfoxley TIMESTAMPS: 0...

2023-02-02

Episode notes

Hot Bitcoin NFT (Ordinals) talk on today's show. What are they? How are they possible? Is Bitcoin doomed? Find out.


Matt Kimmell: https://twitter.com/MatthewKimmell


Will Foxley: https://twitter.com/wsfoxley




TIMESTAMPS:


00:00 Start


00:12 Intro


01:21 Intro


01:40 NFTs on BTC?


03:06 What is an ordinal?


05:11 Tracking & fungibility of BTC


07:07 Storing data on chain


08:19 OP_RETURN


11:52 Taproot transaction types


15:59 Why is on chain data bad?


18:30 Pruning the data on nodes


20:14 Community response


22:16 What is Bitcoin for?


28:12 Other use cases for on chain data storage?




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