Introduction to UTX Oracle Project

The hosts discuss the UTX Oracle project and introduce their guests, Steve Jeffress and Daniel Hinton, who will be diving deeper into the project. They express their excitement about tackling this specific problem in the Bitcoin space.

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Marty sits down with Steve and Daniel to discuss UTXOracle, a way to estimate Bitcoin's price using nothing but node data.

Steve on Twitter: https://twitter.com/SteveSimple

Daniel on Twitter: https://twitter.com/DanielLHinton

Check out UTXOracle and other data visualization: https://utxo.live/

0:00 - Intro
6:41 - Steve and Daniel’s background
10:59 - Explaining UTXOs
13:34 - Visualizing data
20:46 - Effect of Bitcoin ATMs on patterns
25:24 - How to infer price from UTXO data
35:27 - Usefulness as an oracle
45:28 - Possibility of price per block
46:41 - Human action, opportunities and attack vectors
53:26 - Effect of ordinals
55:49 - UTXO mismanagement
1:02:37 - Spending old coins
1:06:51 - Taproot changes and far future problems
1:18:20 - Fun new concepts
1:27:43 - Run the numbers yourself
1:32:58 - Wrapping up

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