Casey Rodarmor on Ordinals, Inscriptions, and Digital Property Rights (EP.399)

Bitcoin developer Casey Rodarmor joins us to talk ordinals, inscriptions, and digital collectibles on Bitcoin. In this episode: What is an ordinal? Why the name? The history of ordinals and inscriptions How does ordinal theory work exactly? How to participate in ordinals and do you need Ord The interaction between inscriptions and Bitcoin fees Should inscriptions be compressed? How should this happen? Why did Casey not use Counterparty? How Bitcoin is the most premium blockspace for NFTs Inscribed content property rights on Bitcoin versus Ethereum Will Bitcoin state just be pruned? Who will store inscription data? How bitcoin data availability might be improving over time How ordinals affect Bitcoin’s security budget Why NFT traders are looking at Bitcoin for the first time Where the inscription 400kb limit comes from ‘Ripping a 4 megger’ Is Casey concerned about out of band transactions Do ordinals actually increase the possible efficiency of operating a full node? The primary bottlenecks in running Bitcoin Core and how inscriptions affect that Will ordinals catalyze more pruning in Bitcoin Core? Might ordinals make rollups more likely on Bitcoin? Do inscriptions dilute Bitcoin’s primary purpose as a monetary system? Transporting other NFTs to Bitcoin with teleburns What Casey is most excited about with ordinals Further reading:  Ordinals.com Rodarmor.com Casey's twitter