2 years ago
Episode 7 of CryptoSlate’s podcast, Bittalk, discussed the imaginable risks and benefits of introducing caller changes to Bitcoin. The hosts, Akiba from CryptoSlate, James from CryptoSlate’s probe team, and Nick from Mercury Wallet, touched connected assorted topics related to Bitcoin’s existent state, including developments of Bitcoin infrastructure and the Nostr Improvement Protocols (NIPs) and the Lightning network.
The podcast besides covered Ordinals, a database that allows users to constitute a chunk of information connected Bitcoin, and whether Bitcoin could beryllium considered a information successful the future. One of the main points made successful the treatment was the imaginable usage cases for Nostr, including Zapper, a micro-payment strategy crossed Nostr, and others. The Lightning web is besides acceptable to payment from Nostr’s developments, with expanding node numbers and exponential maturation successful web capacity.
One of the large talking points was the fearfulness of alteration among Bitcoiners, with immoderate believing that adding things similar ordinals could muddy the purest signifier of a hard wealth integer asset. Nick noted that the past and complexity of the statement furniture could beryllium a important origin down this fear. Bitcoin has had bugs successful the past, and changing its protocol could airs risks, conscionable similar changing an motor mid-flight connected an airplane.
The speech besides touched connected the contention surrounding the request for ostentation fees for miners to unafraid the network. While immoderate experts similar Peter Todd person suggested that immoderate benignant of ostentation interest is necessary, Nick argued that Bitcoin is inactive successful its aboriginal stages, and adding ostentation present is not a bully idea. He added that we could person a furniture of lightning channels that could supply capable information to warrant capable fees to warrant mining.
The hosts besides discussed the increasing involvement successful ordinals and NFTs, with immoderate adjacent buying ordinals via lightning. Nick noted that though galore of the NFT Ethereum guys were into Bitcoin for NFTs, they would apt enactment for lightning.
The BitTalk podcast is present weekly, with Akiba acceptable to articulation the podcast from Denver for the adjacent episode. Although BTC made a caller debased connected the time the podcast was recorded, the hosts inactive saw large imaginable for Bitcoin’s future.
The station Ordinals, Nostra proceed to predominate Bitcoin speech – BitTalk#7 appeared archetypal connected CryptoSlate.
English (US) 