Will Ordinals ignite the application era for Bitcoin? with Stacks Founder Muneeb Ali | EP 12
Good Game
00:00
Bitcoin L1 Mining
The system that we have designed is to think of that as once BTC is actually minted through proof of work. Once Stacks, people are spending BTC, so that's your money spent like your money's gone from your pocket. And you get a probability based on how much you're spending and given the probability function, you get selected as a leader. The leader basically writes the block. But there must be, you must have also designed the man for STX as well, right? Meaning what can you use STX for? Right now, like you basically pay gas fees in STX, and you can lock it into consensus.
Transcript
Play full episode
