IN THIS EPISODE, YOU’LL LEARN:
What are ordinals?
A history on what updates occurred that allowed this to start happening on layer 1 Bitcoin.
The idea of a soft fork limiting an op-push in the input / output portion of each block.
A background on the current mining company that nearly filled an entire block with a .jpg file.
Is this a coordinated DoS attack on the network? Could it be?
Are their concerns with illicit pictures being put onto the blockchain a potentially attack vector?
Couldn't node operators simply run a pruned node to defend against such an attack?
What does this look like in 3 to 5 years from now if nothing is done?
Thoughts on Charlie Munger's Wall Street Journal article bashing Bitcoin.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Pierre's Twitter account.
- Pierre's mining company Riot Platforms.
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