ROLLUP: Bitcoin NFTs | Canto | FOMC Interest Rates | Blur OpenSea Royalties
Bankless
00:00
The Rise of NFTs on Bitcoin: Exploring Ordinals
This chapter delves into the emergence of NFTs on the Bitcoin blockchain through the Ordinals protocol, sparking controversy among traditional Bitcoin advocates. It explores the implications of the Taproot upgrade and the impact on transaction fees, as well as the conflicting viewpoints within the cryptocurrency community regarding the legitimacy of using block space for non-fungible tokens. The discussion also highlights the evolving perceptions of Bitcoin as a versatile data storage mechanism beyond its traditional monetary role.
Transcript
Play full episode
