The Rise Of Ordinals And NFTs On The Medium Of Bitcoin
The Ordinals protocol was introduced to Bitcoin in early 2023 at a most opportune time. Bitcoin had nearly two years of low transaction fees from the lack of demand to…
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The Ordinals protocol was introduced to Bitcoin in early 2023 at a most opportune time. Bitcoin had nearly two years of low transaction fees from the lack of demand to…
Traditionally, creating an n-of-n multisig using CHECKMULTISIG means you’ll publish a proportional number of signatures and public keys on the blockchain to signers in the transaction. This approach not only…
Lightning is doomed. High fees from Ordinals have killed all hope of scaling Bitcoin non-custodially, there is no chance at all that people will be able to cost effectively open…
Bitcoin miners provide a valuable service to the ecosystem. In exchange for the work they do securing the network, they are rewarded by the same network they protect. This sound…
Atomically purchasing digital files with digital currency is an idea that has a long history in this space. Digital goods, digital money, the two seem like a perfect pairing together.…
Austin Alexander is Co-Founder of LayerTwo Labs, a company focused on advancing the Bitcoin ecosystem through innovative solutions and specializing in the development of Drivechain, a specific type of blockchain…
Does Bitcoin need any sidechains for its future? The DeFi community nowadays is split between “yes” and “no” as an answer to this question after the resurgence of a six-year-old…
I have written quite a bit about my concerns regarding drivechains and miner incentives over the years, because I think it is a very important set of risks to be…
Ever since the Bitcoin community embarked on discussions surrounding the optimization of covenants, there’s been a growing interest in learning more about their tradeoffs and the covenants already deployed on…
Today is fifteen years from the date of the publication of the Bitcoin whitepaper. A lot has happened in that fifteen years. Bitcoin went through the blocksize war. A nation…