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Bitcoin NFTs Are Filling Blocks | The Mining Pod
Manage episode 354305184 series 2908609
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
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
259 tập
Manage episode 354305184 series 2908609
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
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
259 tập
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