Bitcoin NFTs Are Filling Blocks | The Mining Pod

The Mining Pod | Blockspace Media

Feb 02, 2023•31 min•Ep. 138

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Episode description

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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