Inscriptions, Stamps, and The Cat
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In this video, I discuss how "The Cat" soft fork proposal proposes to deal with the problem of UTXO set bloat, which has been chiefly driven by inscriptions, BRC-20 tokens, and Stamps.
Not investment advice! Consult a financial advisor.
New Soft Fork Proposal Being Censored?
https://www.youtube.com/watch?v=Q5bIIctm6ZY
Good example of a junk post that was allowed on Bitcoin Dev Mailing List:
https://groups.google.com/g/bitcoindev/c/cAqofdPRWLw/m/uvkGopcZAgAJ
Exploding UTXO set:
https://www.blockchain.com/explorer/charts/utxo-count
Inscriptions spam:
https://www.ord.io/?sort-by=trending
https://www.ord.io/112377543
https://mempool.space/tx/c0faad11e18c0d4be18d6bc17855f9b4956df09a996370866e535a04248ac0ad
"The Cat" soft fork proposal:
https://x.com/ostrom72158/status/1997537240701112497
https://github.com/ostromcode/The-Cat/tree/main
Claire documents inscriptions UTXO set bloat:
https://x.com/ostrom72158/status/1997476891536793619
https://github.com/ostromcode/The-Cat/blob/main/charts/README.md
Bitcoin Inscriptions vs Op Returns:
https://www.youtube.com/watch?v=7b2SNpcKTSk
Impact of Ordinals on node runners:
https://www.bitmex.com/blog/ordinals-impact-on-node-runners
"Rug the spammers":
https://x.com/NickSzabo4/status/1985576561568072023
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#inscriptions
#Cat
Disclaimer
Neither Matthew Kratter's Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky. Receive SMS online on sms24.me
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