Recently, a new phenomenon called Ordinals, known as NFTs on Bitcoin reignited interest in Bitcoin and got people wondering - what else is possible and is this the start of something bigger?
At the center of this discussion is Stacks, a smart-contract layer built on Bitcoin that is working to unlock the $500 billion Bitcoin capital via DeFi, NFTs, and more.
In this Blockcrunch episode, Muneeb, co-creator of Stacks shares with us:
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How Stacks is going to unlock the potential of Bitcoin
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Why build on Bitcoin over other ecosystems
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Stack's upcoming upgrades
Host: Jason Choi @mrjasonchoi . Not financial advice.
Timestamps:
(00:00:00) – Introduction to Stacks
(00:03:24) – Stacks over the years
(00:07:28) – Path to becoming 1st SEC-approved token offering
(00:11:48) – History of Bitcoin and blockchains
(00:18:53) – Ordinals drawing attention back to Bitcoin
(00:30:37) – Why some Bitcoin Maxis hate Ordinals
(00:36:38) – Ordinal's use-cases
(00:40:49) – What exactly is Stacks
(00:47:58) – Use-case of Stacks token
(00:51:26) – Why build on Bitcoin over other ecosystems
(00:57:08) – How Ordinals benefits Stacks
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More Resources:
Guest
Stacks's Website: https://www.stacks.co/
Stacks's Twitter: https://twitter.com/Stacks
Muneebs's Twitter: https://twitter.com/muneeb
Blockcrunch
Blockcrunch VIP: https://blockcrunch.substack.com/
Blockcrunch Twitter: https://twitter.com/theBlockcrunch
Jason Choi's Twitter: https://twitter.com/mrjasonchoi
Disclaimer:
The Blockcrunch Podcast ("Blockcrunch") is an educational resource intended for informational purposes only. Blockcrunch produces a weekly podcast and newsletter that routinely covers projects in Web 3 and may discuss assets that the host or its guests have financial exposure to. Views held by Blockcrunch's guests are their own. None of Blockcrunch, its registered entity or any of its affiliated personnel are licensed to provide any type of financial advice, and nothing on Blockcrunch's podcast, newsletter, website and social media should be construed as financial advice. Blockcrunch also receives compensation from its sponsor; sponsorship messages do not constitute financial advice or endorsement.
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