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BITCOIN RAILS #37: The Birth of BRC2.0: Bitcoin’s Programmable Asset Layer | with Best in Slot | BRC2.0 🧑‍🍳 CEO Binari 🔗 YOUTUBE: 🌿 SPOTIFY: Programmable BRC20 tokens, dubbed “BRC2.0,” launched a few short weeks ago after more than a year of building and anticipation. This effort was spearheaded...

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Isabel Foxen Duke⚡️

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21,002 views • 1 year ago •via X (Twitter)

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domo's profile picture
domo1 year ago

@bestinslotxyz @0xBinari json technology in good hands

Layer 1 Foundation's profile picture
Layer 1 Foundation1 year ago

@bestinslotxyz @0xBinari So much great history in this episode 🤩

Isabel Foxen Duke⚡️'s profile picture
Isabel Foxen Duke⚡️1 year ago

@bestinslotxyz @0xBinari ❤️

BXL909's profile picture
BXL9091 year ago

@bestinslotxyz @0xBinari Bitcoin Rails has been added to 🧡

Isabel Foxen Duke⚡️'s profile picture
Isabel Foxen Duke⚡️1 year ago

@bestinslotxyz @0xBinari Omg so cool!! 😎 what an amazing list!

Best in Slot | BRC2.0 🧑‍🍳's profile picture
Best in Slot | BRC2.0 🧑‍🍳1 year ago

@0xBinari 🧡

Asher's profile picture
Asher1 year ago

@bestinslotxyz @0xBinari Excited to watch this!

Diego Vera Nieto's profile picture
Diego Vera Nieto1 year ago

@bestinslotxyz @0xBinari It's that time of the week again!! 🍿

Gabe's profile picture
Gabe1 year ago

@bestinslotxyz @0xBinari "You either build a cult, or you build for the cults. And I don't know how to build a cult..." - @0xBinari Loveee it! (and same here lol)

Peter's profile picture
Peter1 year ago

@bestinslotxyz @0xBinari I just had the time to watch this It was a great one, I love what you're doing, but, sweetheart, you interrupted binari alot, he wanted to say somethings but you cut him short, i need to learn alot from the man, he is great. Thank you for doing this 🤍

Benjamin Banks's profile picture
Benjamin Banks1 year ago

@bestinslotxyz @0xBinari Forgive my ignorance here. I watched the interview. But is BRC 2.0 aiming to be a layer 2 similar to Fractal Bitcoin? You see a lot of these protocols building on top of bitcoin saying they are bringing DeFi to bitcoin. Is this just another group trying to do the same?

Isabel Foxen Duke⚡️'s profile picture
Isabel Foxen Duke⚡️1 year ago

@bestinslotxyz @0xBinari Nope! BRC2.0 simply refers to an upgrade to the BRC20 core protocol - BRC20 is a bitcoin native metaprotocol on top of Ordinals

Benjamin Banks's profile picture
Benjamin Banks1 year ago

@bestinslotxyz @0xBinari Thanks for the response! Great interview. This obviously potentially benefits all BRC tokens in general. Could this pave the way for ORDI to have utility in the form of a governance token or other possibilities going forward? Or is it about the greater ecosystem in general?

Valarian's profile picture
Valarian1 year ago

@bestinslotxyz @0xBinari the spark ad in the BRC2.0 talk is insane lol but love the talk - many interesting infos by @0xBinari

@moffat2021's profile picture
@moffat202111 months ago

@bestinslotxyz @0xBinari 关闭BRC2.0垃圾产品

@moffat2021's profile picture
@moffat20211 year ago

@bestinslotxyz @0xBinari 关闭BRC2.0这种垃圾东西，看见就恶心

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Isabel Foxen Duke⚡️

35,495 views • 6 months ago

BITCOIN RAILS #43: A HISTORY OF “SPAM” on BITCOIN | with Peter Todd 🔗 YOUTUBE: 🌿 SPOTIFY: “You cannot prevent arbitrary data from being published in Bitcoin transactions. Even at the consensus level…It’s mathematically impossible.” Legendary Bitcoin contributor since 2009 and self-described "weirdo with a fine arts degree," Peter Todd joins me to unpack the endless wars over Bitcoin's "true purpose," his pioneering work putting "spam" on the blockchain, and why he believes attempts to filter transactions are just “silly.” In this episode, we get deep into the history of using Bitcoin for data storage - which goes back, at least, to the development of Namecoin in 2011. Relatedly, we cover the history and long-fought governance battles around OP_RETURN, relay policy, and our community's evolving definitions of "arbitrary data. Suffice it to say, the Filter Wars of 2024/25 are not new... they are simply one battle in a decade+ war we unpack in detail in this context-rich episode of Bitcoin Rails. In more detail, this episode covers: - The development of Open Time Stamps + Bitcoin's use in validating election data and beyond. - OPRETURN battles of the early days... and how its use has evolved over the past decade. - Why Bitcoin Core "should not try to censor transactions" and the "performance art project" (Libre Relay) that shows why. - Bitcoin as a "replicated database" and why blockchains may legitimately be useful outside of sound money. - Why preventing arbitrary data on Bitcoin is "mathematically impossible" ...and trying to stop it is only distracting us from "more important" efforts, like the Great Consensus Cleanup Antoine Poinsot. This episode of Bitcoin Rails is powered by: - Best In Slot (Best in Slot | BRC2.0 🧑‍🍳) — the leading API for Ordinals and BRC-20 data aggregation and indexing. - Spark (Lightspark) — a statechains implementation advancing Bitcoin-powered payments. - Citrea (Citrea | Mainnet Live 🍊🍋) — the leading Bitcoin rollup technology and BitVM alliance contributor. Timestamps: 00:00 Intro 01:19 Bitcoin Early Days 03:44 OpenTimestamps Project 12:22 Governance and Bitcoin Protocol Debates 26:36 The Blockchain Use Case Argument 35:46 Transaction Version Numbers and Standardization 38:30 Preventing Exploits and DDoS Attacks 40:10 Relay Policies and Economic Decisions 42:00 The Taproot Annex and OP_RETURN 45:07 Libre Relay 01:01:18 Future of Bitcoin and Soft Fork Proposals
1:13:14

BITCOIN RAILS #43: A HISTORY OF “SPAM” on BITCOIN | with Peter Todd 🔗 YOUTUBE: 🌿 SPOTIFY: “You cannot prevent arbitrary data from being published in Bitcoin transactions. Even at the consensus level…It’s mathematically impossible.” Legendary Bitcoin contributor since 2009 and self-described "weirdo with a fine arts degree," Peter Todd joins me to unpack the endless wars over Bitcoin's "true purpose," his pioneering work putting "spam" on the blockchain, and why he believes attempts to filter transactions are just “silly.” In this episode, we get deep into the history of using Bitcoin for data storage - which goes back, at least, to the development of Namecoin in 2011. Relatedly, we cover the history and long-fought governance battles around OP_RETURN, relay policy, and our community's evolving definitions of "arbitrary data. Suffice it to say, the Filter Wars of 2024/25 are not new... they are simply one battle in a decade+ war we unpack in detail in this context-rich episode of Bitcoin Rails. In more detail, this episode covers: - The development of Open Time Stamps + Bitcoin's use in validating election data and beyond. - OPRETURN battles of the early days... and how its use has evolved over the past decade. - Why Bitcoin Core "should not try to censor transactions" and the "performance art project" (Libre Relay) that shows why. - Bitcoin as a "replicated database" and why blockchains may legitimately be useful outside of sound money. - Why preventing arbitrary data on Bitcoin is "mathematically impossible" ...and trying to stop it is only distracting us from "more important" efforts, like the Great Consensus Cleanup Antoine Poinsot. This episode of Bitcoin Rails is powered by: - Best In Slot (Best in Slot | BRC2.0 🧑‍🍳) — the leading API for Ordinals and BRC-20 data aggregation and indexing. - Spark (Lightspark) — a statechains implementation advancing Bitcoin-powered payments. - Citrea (Citrea | Mainnet Live 🍊🍋) — the leading Bitcoin rollup technology and BitVM alliance contributor. Timestamps: 00:00 Intro 01:19 Bitcoin Early Days 03:44 OpenTimestamps Project 12:22 Governance and Bitcoin Protocol Debates 26:36 The Blockchain Use Case Argument 35:46 Transaction Version Numbers and Standardization 38:30 Preventing Exploits and DDoS Attacks 40:10 Relay Policies and Economic Decisions 42:00 The Taproot Annex and OP_RETURN 45:07 Libre Relay 01:01:18 Future of Bitcoin and Soft Fork Proposals

Isabel Foxen Duke⚡️

10,768 views • 10 months ago

BITCOIN RAILS #49: The "Cultural Fork" of Bitcoin | with t.j. miller 🔗 YOUTUBE: 🌿 SPOTIFY: I was introduced to Silicon Valley's t.j. miller a little over a year ago while he was brainstorming how we could potentially inscribe a 4-megger comedy video through MARA Slipstream (shout out to OrdinalsBot ⚡ for the idea). A Bitcoiner since 2018, TJ saw the potential of Ordinals to orange-pill a whole new kind of Bitcoiner — the kind that may realistically be intimidated by (or straight up uninterested in) ivory-tower technical or economic topics. "I talk about cultural adoption and how do we bring Bitcoin into the cultural forefront." Letting me into "his world" for this interview, TJ and I recorded this chat straight from The Stand before his Bitcoin-focused set during Chainlink New York blockchain week [full set forthcoming in the comments]. Shout out to Kelley Weaver Melrose PR Validation Cloud and Bitwire ~ Your news, amplified. for organizing the event. It was a banger 🔥 In this episode, TJ and I jam about: - How TJ was orange-pilled by the Winklevoss twins Cameron Winklevoss Tyler Winklevoss (+ the Michigan twins of course!) - Why TJ's wife, Kate, is a hardcore Bitcoin maxi... despite TJ loving Ethereum and Department of Government Efficiency on the side - How comedy could orange pill the world - And as usual we end with... Brock Pierce. IYKYK. For good measure, we also clear the air on Peter Todd [probably not] being Satoshi. Unsurprisingly, we had an absolute blast and lots of laughs filming this episode. A nice little left turn from my usual technical schtick + some fun personal stories shared from both of our sides. Bitcoin Rails is powered by: — Best In Slot (Best in Slot | BRC2.0 🧑‍🍳) - the leading API for Ordinals and BRC-20 data aggregation and indexing. — Spark (Lightspark) - a statechains implementation advancing Bitcoin-powered payments. — Citrea (Citrea | Mainnet Live 🍊🍋) - a leading Bitcoin rollup technology and BitVM alliance contributor. TIMESTAMPS 📌 00:00 Intro 04:46 Trading and Crypto Misconceptions 08:47 Bitcoin and Early Adopters 17:13 Ethereum and Blockchain Exploration 38:55 NFTs and Artistic Ventures 40:46 The First NFT Comedy Special 41:31 The FTX Collapse and Its Impact 47:28 Ordinals and Bitcoin Utility 51:41 The Ordinals Cultural Fork 53:20 Cultural Adoption of Bitcoin 01:09:06 Bitcoin Comedy and Community
1:19:24

BITCOIN RAILS #49: The "Cultural Fork" of Bitcoin | with t.j. miller 🔗 YOUTUBE: 🌿 SPOTIFY: I was introduced to Silicon Valley's t.j. miller a little over a year ago while he was brainstorming how we could potentially inscribe a 4-megger comedy video through MARA Slipstream (shout out to OrdinalsBot ⚡ for the idea). A Bitcoiner since 2018, TJ saw the potential of Ordinals to orange-pill a whole new kind of Bitcoiner — the kind that may realistically be intimidated by (or straight up uninterested in) ivory-tower technical or economic topics. "I talk about cultural adoption and how do we bring Bitcoin into the cultural forefront." Letting me into "his world" for this interview, TJ and I recorded this chat straight from The Stand before his Bitcoin-focused set during Chainlink New York blockchain week [full set forthcoming in the comments]. Shout out to Kelley Weaver Melrose PR Validation Cloud and Bitwire ~ Your news, amplified. for organizing the event. It was a banger 🔥 In this episode, TJ and I jam about: - How TJ was orange-pilled by the Winklevoss twins Cameron Winklevoss Tyler Winklevoss (+ the Michigan twins of course!) - Why TJ's wife, Kate, is a hardcore Bitcoin maxi... despite TJ loving Ethereum and Department of Government Efficiency on the side - How comedy could orange pill the world - And as usual we end with... Brock Pierce. IYKYK. For good measure, we also clear the air on Peter Todd [probably not] being Satoshi. Unsurprisingly, we had an absolute blast and lots of laughs filming this episode. A nice little left turn from my usual technical schtick + some fun personal stories shared from both of our sides. Bitcoin Rails is powered by: — Best In Slot (Best in Slot | BRC2.0 🧑‍🍳) - the leading API for Ordinals and BRC-20 data aggregation and indexing. — Spark (Lightspark) - a statechains implementation advancing Bitcoin-powered payments. — Citrea (Citrea | Mainnet Live 🍊🍋) - a leading Bitcoin rollup technology and BitVM alliance contributor. TIMESTAMPS 📌 00:00 Intro 04:46 Trading and Crypto Misconceptions 08:47 Bitcoin and Early Adopters 17:13 Ethereum and Blockchain Exploration 38:55 NFTs and Artistic Ventures 40:46 The First NFT Comedy Special 41:31 The FTX Collapse and Its Impact 47:28 Ordinals and Bitcoin Utility 51:41 The Ordinals Cultural Fork 53:20 Cultural Adoption of Bitcoin 01:09:06 Bitcoin Comedy and Community

Isabel Foxen Duke⚡️

15,227 views • 8 months ago

BITCOIN RAILS #50: HISTORY OF SEGWIT & TAPROOT | with Pieter Wuille 🔗 YOUTUBE: A primary maintainer of Bitcoin Core from 2011-2022, Pieter Wuille is arguably the most influential developer in Bitcoin’s history since Satoshi himself. After receiving keys to the Bitcoin codebase from Gavin Andresen, who was tasked with maintaining the codebase by Satoshi Nakamoto, Pieter went on to implement some of Bitcoin’s most dramatic and influential upgrades, including but not limited to: - Implementation of Bitcoin’s Taproot and Segwit upgrades - Implementation of libsecp256k + Bitcoin’s unique encoding structure for the cryptography securing all Bitcoin public/private keys - The first import/export feature for Bitcoin private keys into Bitcoin (now Bitcoin Core) - Development of hierarchical deterministic (HD) wallets, enabling backups via a single seedphrase and paving the way for seedphrases themselves - DER signatures, Miniscript, and so much more A truly special episode of Bitcoin Rails, this is a rare long-form interview with one of the most important historical figures in the arc of Bitcoin’s development. Pieter and I walk through how Bitcoin consensus works in practice, the history of Bitcoin's most critical early developments, and the key role of his good friend, Greg Maxwell, nearly every step of the way. This episode of Bitcoin Rails is powered by: — Best In Slot (Best in Slot | BRC2.0 🧑‍🍳) - the leading API for Ordinals and BRC-20 data aggregation and indexing. — Spark (Lightspark) - a statechains implementation advancing Bitcoin-powered payments. — Citrea (Citrea | Mainnet Live 🍊🍋) - a leading Bitcoin rollup technology and BitVM alliance contributor. TIMESTAMPS: 00:00 Intro 00:42 Early Days in Bitcoin 01:25 First Contributions to Bitcoin Core 04:38 Challenges and Innovations in Bitcoin Development 06:54 The Hal Finney Challenge 12:16 Bitcoin Core Contributors Back Then 14:18 The Creation of HD Wallets and Seed Phrases 17:47 Greg Maxwell Role and Relationship 21:00 Implementing Libsecp256k1 28:39 Why Did Satoshi Choose ECDSA 33:34 Addressing OpenSSL Issues 40:41 Why Pieter Wrote BIP 66 47:54 BIP 103 Proposal and Initial Reactions 49:57 SegWit Development and Implementation 01:05:39 Taproot's History, Details, and Benefits 01:11:09 Why Taproot Has No Hashed Addresses 01:16:55 Pieter's Thoughts on BitVM and other non-softfork dependent scaling solutions cc Robin Linus 🥖 01:18:27 Non-Soft Fork Scaling Solutions 01:23:03 Future Consensus Changes and Challenges 01:25:28 Bitcoin's Miner Centralization and Security Concerns (e.g. MEV) cc Matt Corallo 🟠 01:34:48 Miniscript: Simplifying Bitcoin Script? cc Rob Hamilton
1:40:30

BITCOIN RAILS #50: HISTORY OF SEGWIT & TAPROOT | with Pieter Wuille 🔗 YOUTUBE: A primary maintainer of Bitcoin Core from 2011-2022, Pieter Wuille is arguably the most influential developer in Bitcoin’s history since Satoshi himself. After receiving keys to the Bitcoin codebase from Gavin Andresen, who was tasked with maintaining the codebase by Satoshi Nakamoto, Pieter went on to implement some of Bitcoin’s most dramatic and influential upgrades, including but not limited to: - Implementation of Bitcoin’s Taproot and Segwit upgrades - Implementation of libsecp256k + Bitcoin’s unique encoding structure for the cryptography securing all Bitcoin public/private keys - The first import/export feature for Bitcoin private keys into Bitcoin (now Bitcoin Core) - Development of hierarchical deterministic (HD) wallets, enabling backups via a single seedphrase and paving the way for seedphrases themselves - DER signatures, Miniscript, and so much more A truly special episode of Bitcoin Rails, this is a rare long-form interview with one of the most important historical figures in the arc of Bitcoin’s development. Pieter and I walk through how Bitcoin consensus works in practice, the history of Bitcoin's most critical early developments, and the key role of his good friend, Greg Maxwell, nearly every step of the way. This episode of Bitcoin Rails is powered by: — Best In Slot (Best in Slot | BRC2.0 🧑‍🍳) - the leading API for Ordinals and BRC-20 data aggregation and indexing. — Spark (Lightspark) - a statechains implementation advancing Bitcoin-powered payments. — Citrea (Citrea | Mainnet Live 🍊🍋) - a leading Bitcoin rollup technology and BitVM alliance contributor. TIMESTAMPS: 00:00 Intro 00:42 Early Days in Bitcoin 01:25 First Contributions to Bitcoin Core 04:38 Challenges and Innovations in Bitcoin Development 06:54 The Hal Finney Challenge 12:16 Bitcoin Core Contributors Back Then 14:18 The Creation of HD Wallets and Seed Phrases 17:47 Greg Maxwell Role and Relationship 21:00 Implementing Libsecp256k1 28:39 Why Did Satoshi Choose ECDSA 33:34 Addressing OpenSSL Issues 40:41 Why Pieter Wrote BIP 66 47:54 BIP 103 Proposal and Initial Reactions 49:57 SegWit Development and Implementation 01:05:39 Taproot's History, Details, and Benefits 01:11:09 Why Taproot Has No Hashed Addresses 01:16:55 Pieter's Thoughts on BitVM and other non-softfork dependent scaling solutions cc Robin Linus 🥖 01:18:27 Non-Soft Fork Scaling Solutions 01:23:03 Future Consensus Changes and Challenges 01:25:28 Bitcoin's Miner Centralization and Security Concerns (e.g. MEV) cc Matt Corallo 🟠 01:34:48 Miniscript: Simplifying Bitcoin Script? cc Rob Hamilton

Isabel Foxen Duke⚡️

43,894 views • 7 months ago

BITCOIN RAILS #39: The Bull Case for Statechains & Why Big Tech Wants Self-Custody Too | with Lightspark CTO & Spark creator Kevin Hurley 🔗YOUTUBE: 🌿SPOTIFY: It was about four years ago that Facebook’s famous effort at creating its own cryptocurrency and crypto-native payments system (Libra, then Diem) was effectively halted by an unending stream of regulatory scrutiny and compliance blocks. Some leaders of the project went on to create crypto-projects of their own (e.g. SUI and Aptos), however, “Head of Facebook Financial” David Marcus, along with Diem wallet technical lead Kevin Hurley made the key bet that Bitcoin’s decentralized rails were the only in the crypto space likely to be undisrupted by regulatory roadblocks long-term. They went on to create Lightspark - initially designed to make Lightning “usable” by enterprise payments companies - but ultimately came to the conclusion that Lightning alone was not going to scale to 8 billion people globally. After heavy research on scaling solutions for Bitcoin, they eventually developed a “statechains” layer-2 solution of their own Spark – which, since going live, has garnered attention from Ordinals degens to enterprise payments companies alike. In this episode, Kevin Hurley and I get into: — How the Libra/Diem regulatory blocks went down and why these concerns will likely only be addressed by a truly decentralized system like Bitcoin (+ self-custody on the wallets side) — Why Lightspark started building on the Lightning Network (raising more than 2X field leader Lightning Labs⚡️🌐 ), but developed serious concerns about its ability to scale — What a multi-system Bitcoin scaling future might look like: with Lightning as the liquidity provider feeding self-custody friendly systems like Spark, Ark, e-cash systems, and more. —What a multi-system Bitcoin scaling future might look like: with Lightning as the liquidity provider feeding self-custody friendly systems like Spark, Ark, e-cash systems, and more. Bitcoin Rails is powered by: — Best In Slot (Best in Slot | BRC2.0 🧑‍🍳) – the leading API for Ordinals and BRC-20 data aggregation and indexing — Spark (Lightspark) – a Statechains implementation leading the path toward institutional adoption of Bitcoin-powered payments — Citrea (Citrea | Mainnet Live 🍊🍋) – the leading Bitcoin rollup technology and contributor to the BitVM alliance 📌 Timestamps 00:00 Intro 00:26 How Lightspark came to life 03:41 Lessons from Libra and Diem 08:35 Universal Money Addresses and global payments 13:45 How traditional finance is approaching blockchain adoption 33:08 The core challenge of Lightning 37:53 Exploring alternatives: ARC and Statechains 40:18 How Statechains work and their benefits 56:43 The future of Lightning and Spark’s role
1:00:45

BITCOIN RAILS #39: The Bull Case for Statechains & Why Big Tech Wants Self-Custody Too | with Lightspark CTO & Spark creator Kevin Hurley 🔗YOUTUBE: 🌿SPOTIFY: It was about four years ago that Facebook’s famous effort at creating its own cryptocurrency and crypto-native payments system (Libra, then Diem) was effectively halted by an unending stream of regulatory scrutiny and compliance blocks. Some leaders of the project went on to create crypto-projects of their own (e.g. SUI and Aptos), however, “Head of Facebook Financial” David Marcus, along with Diem wallet technical lead Kevin Hurley made the key bet that Bitcoin’s decentralized rails were the only in the crypto space likely to be undisrupted by regulatory roadblocks long-term. They went on to create Lightspark - initially designed to make Lightning “usable” by enterprise payments companies - but ultimately came to the conclusion that Lightning alone was not going to scale to 8 billion people globally. After heavy research on scaling solutions for Bitcoin, they eventually developed a “statechains” layer-2 solution of their own Spark – which, since going live, has garnered attention from Ordinals degens to enterprise payments companies alike. In this episode, Kevin Hurley and I get into: — How the Libra/Diem regulatory blocks went down and why these concerns will likely only be addressed by a truly decentralized system like Bitcoin (+ self-custody on the wallets side) — Why Lightspark started building on the Lightning Network (raising more than 2X field leader Lightning Labs⚡️🌐 ), but developed serious concerns about its ability to scale — What a multi-system Bitcoin scaling future might look like: with Lightning as the liquidity provider feeding self-custody friendly systems like Spark, Ark, e-cash systems, and more. —What a multi-system Bitcoin scaling future might look like: with Lightning as the liquidity provider feeding self-custody friendly systems like Spark, Ark, e-cash systems, and more. Bitcoin Rails is powered by: — Best In Slot (Best in Slot | BRC2.0 🧑‍🍳) – the leading API for Ordinals and BRC-20 data aggregation and indexing — Spark (Lightspark) – a Statechains implementation leading the path toward institutional adoption of Bitcoin-powered payments — Citrea (Citrea | Mainnet Live 🍊🍋) – the leading Bitcoin rollup technology and contributor to the BitVM alliance 📌 Timestamps 00:00 Intro 00:26 How Lightspark came to life 03:41 Lessons from Libra and Diem 08:35 Universal Money Addresses and global payments 13:45 How traditional finance is approaching blockchain adoption 33:08 The core challenge of Lightning 37:53 Exploring alternatives: ARC and Statechains 40:18 How Statechains work and their benefits 56:43 The future of Lightning and Spark’s role

Isabel Foxen Duke⚡️

25,909 views • 11 months ago

BITCOIN CORE IS COMPROMISED! Meanwhile the Ordinals empire expands 🔥 [FULL EPISODE] On this episode of Hell Money, we’re locking in on final updates before we take over Las Vegas, Nevada. We’re auctioning the first piece from FUN!, the debut collection by Casey and Parker Day, and showing why Bitcoin-native auction tech beats the grift of legacy art houses. We explore: - Why Sotheby’s and Christie’s can’t compete with Bitcoin builders - Launching the first Ordinals + Bitcoin-native auction platform - The debut piece from FUN! by Casey + Parker - How to use Ordinals Satscards for in-person trading of inscriptions, runes, and more - The OP_RETURN drama: Bitcoin podcasters vs. Bitcoin Core devs TIMESTAMPS: 0:00 Intro and Inscribing Vegas 9:12 auction of FUN! 27:50 Ordinals Satscards 32:00 Ordinals Satscard tutorial 42:15 OP_RETURN drama 57:00 Outro
1:00:11

BITCOIN CORE IS COMPROMISED! Meanwhile the Ordinals empire expands 🔥 [FULL EPISODE] On this episode of Hell Money, we’re locking in on final updates before we take over Las Vegas, Nevada. We’re auctioning the first piece from FUN!, the debut collection by Casey and Parker Day, and showing why Bitcoin-native auction tech beats the grift of legacy art houses. We explore: - Why Sotheby’s and Christie’s can’t compete with Bitcoin builders - Launching the first Ordinals + Bitcoin-native auction platform - The debut piece from FUN! by Casey + Parker - How to use Ordinals Satscards for in-person trading of inscriptions, runes, and more - The OP_RETURN drama: Bitcoin podcasters vs. Bitcoin Core devs TIMESTAMPS: 0:00 Intro and Inscribing Vegas 9:12 auction of FUN! 27:50 Ordinals Satscards 32:00 Ordinals Satscard tutorial 42:15 OP_RETURN drama 57:00 Outro

Hell Money

30,979 views • 1 year ago

BITCOIN RAILS #46: BITCOIN MINING IN THE AGE OF AI | with MARA CEO Fred Thiel 🔗 YOUTUBE: 🌿 SPOTIFY: In response to the AI-driven shock in global demand for computing power, large players in the Bitcoin mining industry have been forced to make significant strategic shifts to remain competitive. MARA — the largest Bitcoin miner in the world by hashrate — is emerging as one of the more well-positioned beneficiaries of these changing tides, having transitioned from an “asset-light” strategy (via hosted mining at third-party facilities) to an “asset-heavy” approach (owning its own land, power, and infrastructure) just ahead of the AI compute wave in 2024/25. I sat down with MARA CEO Fred Thiel to discuss how these shifting industry dynamics are playing out in practice — as well as his perspective on how key mining-related security and infrastructure issues may evolve in the coming months and years. In this episode, we cover: — How MARA scaled from near-zero hash rate in 2020 to the largest Bitcoin miner globally by the end of 2023 — Key differences between operating Bitcoin mining facilities versus AI data centers, and where the two models meaningfully intersect — Why ownership of power generation — rather than reliance on PPAs — may represent a durable competitive edge for miners and AI data center operators over time — Why Bitcoin may be entering its “IPO phase,” and why recent price corrections could reflect increasing market maturity rather than structural weakness We also explore more technical and often under-discussed topics, such as heat reuse, open-source mining technologies, and the implications of US policy goals around Bitcoin mining. This episode offers a grounded, operator-level view of where Bitcoin mining is headed, informed by one of the most influential leaders in the public mining sector. This episode of Bitcoin Rails is powered by: — Best In Slot (Best in Slot | BRC2.0 🧑‍🍳) — the leading API for Ordinals and BRC-20 data aggregation and indexing. — Spark (Lightspark) — a statechains implementation advancing Bitcoin-powered payments. — Citrea (Citrea | Mainnet Live 🍊🍋) — a leading Bitcoin rollup technology and BitVM alliance contributor. TIMESTAMPS 📌 00:00 Intro 01:09 From Marathon Patent Group to MARA 06:35 Why Owning Infrastructure is Key 07:46 First Public Companies Mining Bitcoin 09:54 Data Centers For AI vs Bitcoin Mining Facilities 14:07 How AI Data Centers Will Look Going Forward 15:37 How MARA is Diversifying From Bitcoin Mining 19:03 Private Cloud and Data Security 22:20 The Exaion Partnership 26:03 Future of Bitcoin and AI 40:22 Innovative Approaches to AI and Bitcoin Mining 42:06 Challenges and Opportunities in Power Generation 45:38 Strategic International Partnerships 50:43 The Future of Real World Assets 53:53 Bitcoin Mining in China 57:24 Why MARA Runs Their Own Software 01:00:19 Where is Bitcoin Mining Headed 01:04:17 Benefits of Running a Mining Pool 01:07:17 Heat Reuse in Mining 01:12:23 The Role of Data Centers in Power Generation
1:18:39

BITCOIN RAILS #46: BITCOIN MINING IN THE AGE OF AI | with MARA CEO Fred Thiel 🔗 YOUTUBE: 🌿 SPOTIFY: In response to the AI-driven shock in global demand for computing power, large players in the Bitcoin mining industry have been forced to make significant strategic shifts to remain competitive. MARA — the largest Bitcoin miner in the world by hashrate — is emerging as one of the more well-positioned beneficiaries of these changing tides, having transitioned from an “asset-light” strategy (via hosted mining at third-party facilities) to an “asset-heavy” approach (owning its own land, power, and infrastructure) just ahead of the AI compute wave in 2024/25. I sat down with MARA CEO Fred Thiel to discuss how these shifting industry dynamics are playing out in practice — as well as his perspective on how key mining-related security and infrastructure issues may evolve in the coming months and years. In this episode, we cover: — How MARA scaled from near-zero hash rate in 2020 to the largest Bitcoin miner globally by the end of 2023 — Key differences between operating Bitcoin mining facilities versus AI data centers, and where the two models meaningfully intersect — Why ownership of power generation — rather than reliance on PPAs — may represent a durable competitive edge for miners and AI data center operators over time — Why Bitcoin may be entering its “IPO phase,” and why recent price corrections could reflect increasing market maturity rather than structural weakness We also explore more technical and often under-discussed topics, such as heat reuse, open-source mining technologies, and the implications of US policy goals around Bitcoin mining. This episode offers a grounded, operator-level view of where Bitcoin mining is headed, informed by one of the most influential leaders in the public mining sector. This episode of Bitcoin Rails is powered by: — Best In Slot (Best in Slot | BRC2.0 🧑‍🍳) — the leading API for Ordinals and BRC-20 data aggregation and indexing. — Spark (Lightspark) — a statechains implementation advancing Bitcoin-powered payments. — Citrea (Citrea | Mainnet Live 🍊🍋) — a leading Bitcoin rollup technology and BitVM alliance contributor. TIMESTAMPS 📌 00:00 Intro 01:09 From Marathon Patent Group to MARA 06:35 Why Owning Infrastructure is Key 07:46 First Public Companies Mining Bitcoin 09:54 Data Centers For AI vs Bitcoin Mining Facilities 14:07 How AI Data Centers Will Look Going Forward 15:37 How MARA is Diversifying From Bitcoin Mining 19:03 Private Cloud and Data Security 22:20 The Exaion Partnership 26:03 Future of Bitcoin and AI 40:22 Innovative Approaches to AI and Bitcoin Mining 42:06 Challenges and Opportunities in Power Generation 45:38 Strategic International Partnerships 50:43 The Future of Real World Assets 53:53 Bitcoin Mining in China 57:24 Why MARA Runs Their Own Software 01:00:19 Where is Bitcoin Mining Headed 01:04:17 Benefits of Running a Mining Pool 01:07:17 Heat Reuse in Mining 01:12:23 The Role of Data Centers in Power Generation

Isabel Foxen Duke⚡️

31,915 views • 9 months ago