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Crypto: Then They Fight You, Ep 356 Paul Quickenden

NZ Everyday Investor

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The Evolution of Ordinals in the Bitcoin Ecosystem

Before ordinals came along, every one of these blocks was called a Toshi. Ordinalized them and put serial numbers on every single set. They suddenly became unique. So non-fungible. And then what the other clever bit that they did is allow a used taproot to start injecting a little bit of data into the coin network. It's driving like $50, $60, $70 million extra a month of mining revenue.

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