Unchained

Why All 10,000 OnChainMonkey NFTs Will Move From Ethereum to Bitcoin - Ep. 548

Sep 26, 2023

Danny Yang and Bill Tai, cofounders of Metagood and creators of the OnChainMonkey NFT collection, dive into the exciting world of Bitcoin Ordinals. They discuss the strategic move of their NFT collection from Ethereum to Bitcoin and the innovative potential of Bitcoin as a platform for digital assets. The duo explores notable developments in the Ordinals protocol, including Casey Rodarmor’s proposal on inscription numbering and the concept of recursive inscriptions, while advocating for more NFT creators to embrace Bitcoin's capabilities.

01:06:27

Creator website

Episode guests

Danny Yang

Bill Tai

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Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Efficient coding techniques can incorporate images on Bitcoin without hindering transaction speeds.

Medi-Good leverages NFTs and community currencies to promote a culture of giving and earning.

Orno, a protocol for creating digital artifacts on Bitcoin, requires standardization for interoperability and scalability.

Deep dives

Efficient coding enables the integration of images on Bitcoin without slowing down transactions

Efficient coding techniques have shown that it is possible to incorporate images on Bitcoin without hindering transaction speeds. By optimizing coding practices, the best of both worlds can be achieved, allowing for the inclusion of images on the Bitcoin blockchain while maintaining efficient transaction processing.

Intro

2min

The Evolution of Bitcoin and NFTs

28min

Revolutionizing Bitcoin with Ordinals: A New Era for NFTs

5min

From Ethereum to Bitcoin: The NFT Migration

14min

Exploring Scalability and the Future of Bitcoin

2min

Innovations in Bitcoin: Recursive Ordinals and NFTs

8min

Trust and Transition in Crypto Trading

7min

Bitcoin Ordinals have exploded in popularity since their launch by developer Casey Rodarmor in January, changing the NFT game with millions of inscriptions to date. But what comes next for Bitcoin-based digital artifacts? Danny Yang and Bill Tai, cofounders of Metagood and creators of NFT collection OnChainMonkey, discuss why they will move OnChainMonkey from Ethereum to Bitcoin, Rodarmor’s proposal to change the Ordinals inscription numbering system, and why they believe more creators should consider moving to Bitcoin.

Listen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform.

Show highlights:

How the idea for Metagood came up
What is give-to-earn and how it is used to reward OnChainMonkey holders
The differences between Ethereum versus Bitcoin when it comes to digital assets
The creative potential of Bitcoin Ordinals
Why OnChainMonkey will move from Ethereum to Bitcoin
Thoughts on Casey Rodarmor’s Bitcoin Ordinals proposal to change the inscription numbering system
What are recursive inscriptions
How to convince NFT creators to leave other blockchains for Bitcoin

Thank you to our sponsors!

Guest:

Bill Tai, cofounder of Metagood and creator of OnChainMonkey
Previous appearances on Unchained:
https://unchainedcrypto.com/maitai-globals-bill-tai-on-why-blockchain-is-the-6th-wave-of-technology/
Danny Yang, cofounder of Metagood and creator of OnChainMonkey

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Unchained

Why All 10,000 OnChainMonkey NFTs Will Move From Ethereum to Bitcoin - Ep. 548

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

Efficient coding enables the integration of images on Bitcoin without slowing down transactions

Medi-Good and the Power of NFTs for Community Alignment

Orno's Growth in the Bitcoin Ecosystem and the Need for Standards

OCM Dimensions and the Potential of Digital Art on Bitcoin

The Shift from Ethereum to Bitcoin and the Role of Ordinals

Show highlights:

Thank you to our sponsors!

Guest:

Links

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Unchained

Why All 10,000 OnChainMonkey NFTs Will Move From Ethereum to Bitcoin - Ep. 548

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

Efficient coding enables the integration of images on Bitcoin without slowing down transactions

Medi-Good and the Power of NFTs for Community Alignment

Orno's Growth in the Bitcoin Ecosystem and the Need for Standards

OCM Dimensions and the Potential of Digital Art on Bitcoin

The Shift from Ethereum to Bitcoin and the Role of Ordinals

Show highlights:

Thank you to our sponsors!

Guest:

Links

Get the Snipdpodcast app

AI-poweredpodcast player

Discoverhighlights

Save anymoment

Share& Export

AI-poweredpodcast player

Discoverhighlights

Get the Snipd
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