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The Immutability of Bitcoin
Every attack made on Bitcoin is an opportunity for it to grow and expand. I think that once these last chains are starting to be lightning compatible, people are going to really experience the power of lightning. And so yeah, it's immutability. People have to understand they're so used to everything being that you can engineer everything.
In this first of a two-part series, Preston Pysh and Tuur Demeester cover all the talk about the inscriptions and the high fees that we’re currently seeing on layer one of the network. They also talk about scalability on layer two regulatory developments and plenty more.
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
01:59 - What do inscriptions actually mean for L1 and L2 bitcoin networks?
08:19 - Why do so many people have the urge to update the code base?
11:17 - Why are inscriptions potentially good for L2?
14:25 - Apps that are seamlessly working between L1 and L2.
15:36 - What will future fees look like on both layers in 10 years or more?
28:34 - Some of Tuur's previous writing and what he's focusing on now.
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