3min chapter

Bankless cover image

NFTs Attacking Bitcoin? with Eric Wall & Casey Rodarmor

Bankless

CHAPTER

Bitcoin

Erica, can you kind of help just articulate this difference in vision of how the Bitcoin protocol works? Which is what more bankless audience might be used to with the Ethereum world? Yeah, so creating different clients that interpret what is going on inside the Bitcoin blockchain has existed for a long time. So it's always been possible to create like an NFT layer on Bitcoin. It already exists like rare pepus exists on counterparty on Bitcoin already today. Just now you can make much larger content types due to certain limits that were removed in Taproot script versus regular segregated witness scripts. After taproot happened you could basically make a single transaction that takes up the entirety of an entire block

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