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NFTs Attacking Bitcoin? with Eric Wall & Casey Rodarmor
Bankless
Bitcoin Block Space Demand - Is That a Fair Summary?
The extra data that's going into a bitcoin block Doesn't need to be validated because they're not transferring bitcoins and not transferring satoshis around We're just adding in data into the chain. Because of this mechanism of assume valid You actually don't have to do the computational processing to make sure that all these bitcoin transfers are valid or not. The more nft data is in the block the less computational overhead there is per block And so boom we've solved perhaps solved bitcoin's block space demand problem while also making the Chain more manageable by nodes globally across the world.
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