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Bitcoin NFTs Are Filling Blocks | The Mining Pod
Episode 138

Bitcoin NFTs Are Filling Blocks | The Mining Pod

<p>Hot Bitcoin NFT (Ordinals) talk on today's show. What are they? How are they possible? Is Bitcoin doomed? Find out.</p> <p>Matt Kimmell: <a href="https://twitter.com/MatthewKimmell"><u>https://twitter.com/MatthewKimmell</u></a></p> <p>Will Foxley: <a href="https://twitter.com/wsfoxley"><u>https://twitter.com/wsfoxley</u></a></p> <p><br></p> <p><strong>TIMESTAMPS:</strong></p> <p>00:00 Start</p> <p>00:12 Intro</p> <p>01:21 Intro</p> <p>01:40 NFTs on BTC?</p> <p>03:06 What is an ordinal?</p> <p>05:11 Tracking & fungibility of BTC</p> <p>07:07 Storing data on chain</p> <p>08:19 OP_RETURN</p> <p>11:52 Taproot transaction types</p> <p>15:59 Why is on chain data bad?</p> <p>18:30 Pruning the data on nodes</p> <p>20:14 Community response</p> <p>22:16 What is Bitcoin for?</p> <p>28:12 Other use cases for on chain data storage?</p> <p><br></p> <p><strong>MINE</strong></p> <p>Start mining your own bitcoins with Compass. <a href="https://bit.ly/3CehBf1"><u>https://bit.ly/3CehBf1</u></a></p> <p><br></p> <p><strong>WATCH</strong> <a href="https://youtube.com/c/CompassMining?sub_confirmation=1"><u>https://youtube.com/c/CompassMining?sub_confirmation=1</u></a></p> <p><br></p> <p><strong>LISTEN</strong></p> <p>Apple Podcasts <a href="https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbkRxX0MwTUdPY290VEQzN0J2ME1KbDVSRG1rQXxBQ3Jtc0tsME5TQmZfSHJnMG0xWC1iYXFNZ3ZYRGpTTDNfSUtCVFhoSklibDFtMGU3RmV6Z2k5MVM5MlpUMWxzdVgtOHJ4d0ZpbXVrUnMxTXVkN0xSeHdXZWE2aGh5WEpLUkx4dndBaUZtclVhMXZZcHY1My0zbw&q=https%3A%2F%2Fapple.co%2F3fNfrdi"><u>https://apple.co/3fNfrdi</u></a></p> <p>Spotify <a href="https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbE5renJPTkpwVC1IMzBoaWg4c3BWdzhnR0J6d3xBQ3Jtc0trTUJROW1aZDRMOEpiNFpOYmZyUEZxTWxFSHRWaXd3REtGWXZDMkhhbkY0cDk0UVNtZlptMkR1ajBlWDljQV9obWxub3NtdmhDcDNwV1dkcDFkVUloZHdRYVdiTm9Fel90bWdoSU4yUzZEczNLakFCQQ&q=https%3A%2F%2Fspoti.fi%2F3tSf9G1"><u>https://spoti.fi/3tSf9G1</u></a></p> <p>Amazon <a href="https://amzn.to/3557cqg"><u>https://amzn.to/3557cqg</u></a></p> <p>Anchor <a href="https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqa25WckRfQzBqcTJpWWRHRTFiUF9IM0hVbW9Bd3xBQ3Jtc0trdEdoZmFQbXlXajB3c0ZLNGMtUjFSVWloWFBraHoyMFlpVHVFckljbFZRRmQzSTlIRm9VUkFVUTNzS2xhblhvS1E0YnNPLVIxeUl4a3F2aHRQNnV6M0lUZmJVakZGbTI4SUUyc0haUG0xY0JLcmFqRQ&q=https%3A%2F%2Fbit.ly%2F3rmb7UF"><u>https://bit.ly/3rmb7UF</u></a></p> <p>Fountain <a href="https://bit.ly/3NeNTec"><u>https://bit.ly/3NeNTec</u></a></p> <p>RSS <a href="https://bit.ly/3chpULV"><u>https://bit.ly/3chpULV</u></a></p> <p><br></p> <p><strong>LEARN</strong></p> <p>Every week, Compass sends a memo to over 18,000 professional miners and investors with the most important news and data in cryptocurrency mining. Get the free newsletter in your inbox too: <a href="https://bit.ly/3vOGzxD"><u>https://bit.ly/3vOGzxD</u></a></p> <p><br></p> <p><strong>FOLLOW</strong></p> <p>Twitter: <a href="https://twitter.com/compass_mining"><u>https://twitter.com/compass_mining</u></a></p> <p>LinkedIn: <a href="https://www.linkedin.com/company/compassmining"><u>https://www.linkedin.com/company/compassmining</u></a></p>

The Mining Pod | Blockspace Media · Blockspace Media

February 2, 202331m 40s

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Show 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?


MINE

Start mining your own bitcoins with Compass. https://bit.ly/3CehBf1


WATCH https://youtube.com/c/CompassMining?sub_confirmation=1


LISTEN

Apple Podcasts https://apple.co/3fNfrdi

Spotify https://spoti.fi/3tSf9G1

Amazon https://amzn.to/3557cqg

Anchor https://bit.ly/3rmb7UF

Fountain https://bit.ly/3NeNTec

RSS https://bit.ly/3chpULV


LEARN

Every week, Compass sends a memo to over 18,000 professional miners and investors with the most important news and data in cryptocurrency mining. Get the free newsletter in your inbox too: https://bit.ly/3vOGzxD


FOLLOW

Twitter: https://twitter.com/compass_mining

LinkedIn: https://www.linkedin.com/company/compassmining

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