Season 3

Episode 28

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Ordinals Gaming

Thu May 11 2023





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Show Notes

Ordinals Gaming

Z3th carved his way through crypto cycles, winning and losing but always learning. His knowledge made him aware of the Ordinals and BRC-20 waves in a way that he could position himself to make his mark by inscribing a whole gaming ecosystem into Bitcoin. Z3th also brings to the table valuable insights into Asian markets with also much love for meme culture.

00:00 to 09:56 - Who's Z3th

09:56 to 12:15 - Ordinals

12:15 to 15:00 - Distribution

15:00 to 26:06 - Gaming on BTC

26:06 to 31:30 - How it Works

31:30 to 37:37 - Asian Markets

37:37 to 51:46 - Influencers

51:46 to 55:00 - Regulators and Enforcements

55:00 to 01:00:46 - Hong Kong

01:00:46 to 01:04:50 - Meme Culture

01:04:50 to 01:17:14 - Rounding Off


BRC-20: BRC-20 is a token standard similar to the widely used ERC-20 on Bitcoin.

Ordinals: Information inscribed on satoshi - similar to the ERC-721 standard on Bitcoin.

ICO: ICO stands for Initial Coin Offering. It is a fundraising method used by cryptocurrency projects to raise capital by selling their tokens or coins to investors. Investors typically purchase these tokens or coins in the hope that their value will increase in the future.

Shitcoins: Shitcoins is a colloquial term used in the cryptocurrency community to refer to cryptocurrencies or tokens that are considered to have little to no value or potential. It is often used to describe projects with questionable or dubious intentions.

Bullrun: Bullrun refers to a significant and sustained upward trend in the price of a cryptocurrency or the overall cryptocurrency market. It is characterized by increased buying activity, optimism, and positive market sentiment among investors.

Gas: In the context of blockchain and cryptocurrencies, gas refers to the unit of measurement used to calculate the computational effort required to perform a specific operation or transaction on a blockchain. Gas fees are the transaction fees paid by users to incentivize miners or validators to include their transactions in the blockchain.

Smart-contracts: Smart contracts are self-executing contracts with predefined terms and conditions written in code. They automatically enforce and execute the terms of the contract without the need for intermediaries. Smart contracts are typically built on blockchain platforms like Ethereum and enable the creation of decentralized applications (DApps).

Satoshi: Satoshi refers to the smallest unit of Bitcoin, named after the pseudonymous creator of Bitcoin, Satoshi Nakamoto. One Bitcoin is divisible into 100 million Satoshis, allowing for microtransactions and precise value representation within the Bitcoin network.

Inscription: In the context of blockchain, inscription refers to the act of adding or recording data or information on the blockchain. It involves writing or embedding data in a block, which is then appended to the blockchain in a permanent and tamper-resistant manner.

JSON: JSON stands for JavaScript Object Notation. It is a lightweight data-interchange format that is easy for humans to read and write and easy for machines to parse and generate. JSON is commonly used for data transmission and storage, including in blockchain applications.

ERC-20: ERC-20 is a token standard on the Ethereum blockchain. It defines a set of rules and functions that allow for the creation and management of fungible tokens. Most of the tokens issued on the Ethereum network, including many popular cryptocurrencies and utility tokens, follow the ERC-20 standard.

DeFi: DeFi, short for Decentralized Finance, refers to a category of financial applications and protocols that leverage blockchain and smart contract technology to provide traditional financial services in a decentralized and open manner. DeFi platforms enable activities such as lending, borrowing, trading, and yield farming, often without the need for intermediaries.

Solana: Solana is a high-performance blockchain platform designed for decentralized applications and cryptocurrency scalability. It aims to provide fast transaction processing and low fees while maintaining decentralization and security. Solana's unique architecture and consensus mechanism make it suitable for a wide range of applications, including DeFi, gaming, and NFTs.

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