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Innovation Out of Necessity
Alex is a young founder with tech skills flowing through his veins. Eventually meeting Robert, they created, developed, and mostly had fun throughout the years. Both ended up in the blockchain but saw the opportunity through the Ordinals theory. They made a big statement by inscribing BTC Punks and later on created the largest Ordinals Marketplace.
00:00 to 09:00 - Who’s Alex
09:00 to 11:25 - BTC Punks
11:25 to 14:04 - Being First
14:04 to 19:20 - Indexing
19:20 to 25:11 - Ordinals Market
25:11 to 28:45 - BTC + ETH
28:45 to 31:22 - Aggregating Stats
31:22 to 34:50 - In Slot Model
34:50 to 39:20 - Bridging NFTs from ETH to BTC
39:20 to 41:30 - ETH Inscriptions
41:30 to 46:50 - Burning the Asset
46:50 to 48:50 - Innovating
48:50 to 54:23 - Releases
54:23 to 58:15 - Don’t Trust, Verify
58:15 to 01:02:44 - Rounding Off
Episode Important Links
Kiwi's Twitter: https://twitter.com/kiwi_dream
Ordinals: Information inscribed on satoshi - similar to the ERC-721 standard on Bitcoin.
Indexer: Indexer is a software program that tracks the state of a blockchain network and provides information about it to other users. Indexers are used by a variety of applications, such as wallets, exchanges, and analytics platforms.
Rust: Rust is a programming language that is designed to be safe, fast, and expressive. It is often used for developing blockchain applications because of its performance and security features.
Taproot: Taproot is a new upgrade to the Bitcoin protocol that was activated in November 2021. Taproot introduces a number of new features, including Schnorr signatures and Tapscript, which can make Bitcoin transactions more efficient and private.
BRC-20: BRC-20 is a token standard similar to the widely used ERC-20 on Bitcoin.
OTC Trades: OTC Trades are over-the-counter trades that are executed directly between two parties without the use of an exchange. OTC trades are often used for large or complex transactions, or for transactions that require privacy.
BRC-721e: Token standard that allows transfer of NFTs to Ordinals.
ETHscriptions: A new protocol that enables the creation and sharing of digital entities on the Ethereum blockchain similar to BTC’s inscriptions.
ERC-1155: Token standard that is designed to be more efficient than the ERC-721 and ERC-20 token standards. ERC-1155 tokens can represent a variety of different assets, such as digital collectibles, in-game items, or even real-world assets.
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