Season 3

Episode 32

Available Now

Bitcoins Past & Future

Thu Jun 08 2023





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Show Notes

Bitcoins Past & Future

Charlie is a true Bitcoin OG, operating a mining business with a deep love for the BTC ethos. Although he has an orange heart, he is also very open-minded and eager to learn everything that resonates with fun. With that in mind, he participated in the first Ordinals and BRC-20 discussions, having a front seat to what is now considered the Bitcoin Summer.

00:00 to 05:55 - Who's Charlie

05:55 to 09:10 - DeGods

09:10 to 13:48 - Taproot Wizards

13:48 to 16:48 - Block's Artisans

16:48 to 26:15 - Rare Sats

26:15 to 31:22 - Maxis

31:22 to 44:55 - Inscribing Gold

44:55 to 47:22 - Security

47:22 to 58:54 - BRC-20

58:54 to 01:06:37 - Leveling the Plain Field

01:06:37 to 01:13:45 - Halving

01:13:45 to 01:17:17 - Rounding Off


Blocksize War: Blocksize War refers to the debate and conflict within the cryptocurrency community regarding the appropriate size of blocks in a blockchain. It revolves around the scalability and capacity of a blockchain network and involves different stakeholders advocating for different block size limits.

Ordinals: Information inscribed on satoshi - similar to the ERC-721 standard on Bitcoin. L1: Layer 1, refers to the base layer of a blockchain, which handles the core functionalities and security of the network.

Mining Pools: Mining pools are groups of miners who collaborate and combine their computing power to increase their chances of successfully mining blocks and earning rewards in cryptocurrency. By pooling their resources, miners can collectively solve complex mathematical problems more efficiently and distribute the rewards among participants.

Nodes: Nodes are individual devices or computers that participate in a blockchain network. They maintain a copy of the blockchain's entire transaction history, verify transactions, and propagate information across the network. Nodes can be full nodes, which store the complete blockchain, or lightweight nodes that rely on other full nodes for transaction verification.

WAGMI: WAGMI is an acronym in the cryptocurrency community that stands for "We are gonna make it." It is often used as a motivational or optimistic expression to convey confidence in the future success and growth of a particular cryptocurrency or investment.

MV: MV bots, or Market Value bots, are automated programs or algorithms that monitor and analyze market data in real-time to provide insights and make informed decisions related to trading or investment strategies. These bots leverage various indicators, technical analysis, and machine learning algorithms to assess market conditions, identify trends, and execute trades based on predefined rules or strategies. MV bots aim to optimize trading efficiency, minimize human bias, and potentially generate profits in volatile markets.

Mem Pools: Mem Pools, short for Memory Pools, are data structures used in blockchain networks to store and manage pending transactions. It is a temporary storage area where transactions wait to be included in the next block. Miners and nodes typically prioritize transactions from the mempool based on factors like transaction fees and network congestion.

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