Bitcoin developer Casey Rodarmor (https://twitter.com/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 (https://ordinals.com/) • Rodarmor.com (https://rodarmor.com/) • Casey’s twitter (https://twitter.com/rodarmor)