Unchained16 Mai 2023

Bitcoin’s BRC-20 Mania: Is It Sustainable? - Ep. 493

Ordinal theory has unleashed a new wave of NFTs, memecoins and innovation on Bitcoin — but not without controversy. Bitcoin educator Dan Held and Bitcoin Frontier Fund Managing Partner Trevor Owens join the show to discuss the breakneck rise of BRC-20s and why they’re both bullish on what memecoins mean for the original blockchain. Listen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, TuneIn, Amazon Music, or on your favorite podcast platform. Show highlights: what ordinal theory is and how it enabled Bitcoin “NFTs” how the Ordinals Protocol differs from the ERC-721 token standard used by many Ethereum NFTs how BRC-20s work by relying on some off-chain mechanisms why Bitcoin is not a “dinosaur chain,” according to Dan why Trevor says BRC-20 memecoins are superior to those on Ethereum what the practical utilities of BRC-20s are, if any why transaction fees in Bitcoin rose so much and why it’s healthy for the network whether innovation is coming back to Bitcoin whether Satoshi Nakamoto would have approved of Bitcoin NFTs the role of speculation in fueling bitcoin adoption the current and future state of layer 2s on Bitcoin why Dan says BRC-20s “absolutely” solve the problem with Bitcoin’s security budget why it’s hard to determine an “appropriate” amount for the security budget of Bitcoin how the NFT market could be shaped after the rise of Ordinals and BRC-20s what needs to be developed so that BRC-20s can flourish Thank you to our sponsors! Crypto.com Guests: Dan Held, Bitcoin educator and marketing advisor at Trust Machines Trevor Owens, managing partner at Bitcoin Frontier Fund Previous coverage of Unchained on Ordinals: Bitcoin Ordinal NFTs Are Hot and Getting Hotter. What's the Hype About? - NFT Crypto Links Unchained: How to Create a Bitcoin Ordinal Bitcoin Core Developers Mull Getting Rid of BRC-20 Transactions Binance Briefly Halted Bitcoin Withdrawals Amid Network Congestion Domo’s thread on BRC-20s Anita Posch’s comments.on the high fees Nic Carter: There's No Such Thing as High Fees on Bitcoin Nic Carter’s MIT presentation: MIT Bitcoin Expo 2019 - 10 years of Bitcoin: Evaluating its Performance as a Monetary System Decrypt: Michael Saylor: Bitcoin Ordinals Are a ‘Catalyst’ for Adoption [bitcoin-dev] [Mempool spam] Should we as developers reject non-standard Taproot transactions from full nodes? Learn more about your ad choices. Visit megaphone.fm/adchoices

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(1149)

After April's $606 Million in DeFi Hacks, What's the Fair Value Yield Rate?

$606 million in DeFi exploits in one month. Two of the space's sharpest risk thinkers debate whether lenders are being paid anywhere close to enough. =================================================...

3 Mai 1h 6min

Pump.fun’s $370M Burn Was a Mistake, Says Luca Netz: Uneasy Money

Pump.fun set fire to $370 million in tokens. Luca lays out the airdrop math that says they should have done the opposite. Thank you to our sponsors!⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ MultiChain Advisors is an emerging...

1 Mai 1h 14min

The Chopping Block: Defi United’s “Bailout,” MegaETH’s KPI Vesting, and Prediction Market Chaos

Is the era of protocol bailouts upon us? The Chopping Block crew and MegaETH's Shuyao Kong debate Defi United’s community-funded rescue, the KPI vesting experiment shaking up token launches, whether D...

30 Apr 1h

How Microsoft Won the OpenAI Fight as Markets Rally on Iran

One side wins the OpenAI-Microsoft divorce, Ram calls a 19% earnings growth year 'bananas,' and Chris wants the US to hack back against DeFi exploiters. Here is the full rundown. --- Heads up! If y...

29 Apr 57min

How Microsoft Won in Its Revised Deal With OpenAI

Microsoft restructured its agreement with OpenAI, and Ram Ahluwalia has a clear verdict: Microsoft won. In this segment from Bits + Bips, Ram explains the three things Microsoft secured from the new...

29 Apr 3min

How Morpho Survived a $300M DeFi Hack With Only $1M Exposure

People think of Aave and Morpho as competitors. But Morpho only lost $1 million when North Korea drained $300M from a DeFi protocol. The architecture explains why. ===================================...

29 Apr 37min

Bits + Bips: How the Kelp rsETH Hack Left Aave With $193M in Bad Debt

Luke Leasure and Shaunda Devens of Blockworks Research explain how three compounding failures, Kelp's one-of-one bridge signer, Layer Zero's permissive default settings, and Aave's failure to flag it ...

28 Apr 9min

Arbitrum Froze $70M From North Korea? Griff Green on the Decision + Miguel Morel on the Hack

KelpDAO’s hackers left telltale signs pointing to one culprit, North Korea. Then, in a surprise move, the Arbitrum Security Council decided to fight back. ============================================...

26 Apr 1h 7min