Casey Rodarmor joins me to chat about Ordinals and Inscriptions. Now we get into the pros and cons of this, and whether it is bad for Bitcoin. We chat:
What Ordinals and Inscriptions are
The ‘bull’ case for Ordinals and Inscriptions
Do they spam the bitcoin blockchain?
Witness data on the input side, not output side
Is it harder to validate?
Can it even be stopped?
Marginal consumption of block space
Links:
Twitter: @rodarmor)
Site: Ordinals.com)
Podcast: https://hellpodcast.money/)
BitMEX post: https://blog.bitmex.com/dapps-or-only-bitcoin-transactions-the-2014-debate/)
Andrew Poelstra’s commentary: https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2023-January/021372.html)
Sponsors:
Unchained Capital) (code LIVERA)
CoinKite.com)(code LIVERA)