Script Cats retweeted
Ordinals and fungible tokens on Bitcoin (BRC-20, Runes) enable something novel: permissionless exchange between two assets, no oracle, with the finality of L1 Bitcoin.
Two parties, one transaction, no intermediary, no fiat price feed. Just Bitcoin. A true free market.
The fungibles haven’t found a durable use case yet beyond speculation; but I’d bet they will. Not memecoins.
Script Cats retweeted
THIS TIME WITH NO TECHNICAL ISSUES
NEW YEARS EVE ASTROLOGY Q&A FOR SUBS
nitter.gq/i/spaces/1lPKqvVqZjeGb
Script Cats retweeted
Ordinals szn is back. ⚡️
Builders are building. Floors are moving.
Let's Keep Making Bitcoin fun again. 🟧
#Runelings
Script Cats retweeted
Ordinals is the purest free market in existence. No gatekeepers, no bailouts, no rules. Just code and blockspace.
Script Cats retweeted
For over a year, I've been wondering - can we improve Bitcoin's settlement assurances and stabilize Nakamoto consensus?
And how will new opcodes and new fees impact miner economics and, more critically, network stability?
We explore this and more in Pooling in OP_CAT's World
Script Cats retweeted
What are Bitcoin Runes and why I love them?
Bitcoin was originally built to do one thing and one thing only - hold and transfer BTC. But the world wants to do moar with Bitcoin. For example, use it to create, trade and transfer other assets, that aren't necessarily BTC.
The talented Mr. Casey Rodarmor created the Runes protocol as a way to "etch" into Bitcoin messages fungible tokens (like ERC20 style).
The safety of these Runes isn't guaranteed by Bitcoin's core protocol, but rather relies on indexers to parse and interpret them correctly. The data about Runes isn't screened and verified by Bitcoin miners, which means they don't have the safety of Bitcoin. But nevertheless users do trade in them and find them interesting.
Why do I like them?
I am a Bitcoin Maxi in the following sense: I want Satoshi's invention to be the infrastructure on which most digital assets of value or based on.
I want this to empower humans and increase their freedom. But (!) this requires Bitcoin to allow more economic activities than just hodling and transferring BTC. So Runes is one such activity that, I hope, will lead Bitcoiners to want and do more, like apply an OP_CAT soft fork.
THE END.
Script Cats retweeted
Bitcoin, a $2T ecosystem based on software, can't reach consensus on 9 lines of code needed to allow more and better scale (op_CAT).
And it can't agree, for past 4 years, on any other minor change/update. Pretty insane.
Script Cats retweeted
The Script Army Knife
OP_CHECKCONTRACTVERIFY
OP_CAT
OP_CHECKSIGFROMSTACK
OP_AMOUNT
OP_CHECKTEMPLATEVERIFY
Script Cats retweeted
WHAT HAPPENS ON BITCOIN, STAYS ON #BITCOIN, WHAT HAPPENS IN VEGAS STAYS ON CHAIN 🚀
See y'all at Inscribing Vegas May 27‼️























