May 7, 2023
Bitcoin has recently set records for transactions. Fees are dramatically higher than they were a few months ago. Ordinals have ballooned to more than a million inscriptions per week. BRC-20 is a primitive token standard that uses ordinals to create a form of Bitcoin-native token. Just a couple months old, the market cap of BRC-20 tokens is over $400m and a great debate rages: is this Bitcoin builder innovation - or a new attack vector on the network?
To join the discussion: bit.ly/breakdownpod
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Bitcoin Builders is produced and hosted by Nathaniel Whittemore. Lead researcher is Scott Hill. Edited by Kyle Barbour-Hoffman. Images by Midjourney. Theme music is "Everybody Dance" by True Ripper, licensed via Track Club. Ad music is "Easy's First Tiger" by Bossfight