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Hell Money
@hellmoneypod
Bitcoin & Ordinals podcast w/ @rodarmor and @realizingerin 🔥 Full episodes in highlights, subscribe for exclusive spaces
Joined May 2022
278 Following    11.3K Followers
THE CREATOR OF ORDINALS SAYS BIP-110 IS DOOMED Casey @Rodarmor and @realizingerin dive into the history and drama behind BIP-110, Bitcoin's controversial anti-spam filter proposal. This episode covers the origins of Bitcoin's spam debate, @LukeDashjr's decade-long anti-spam crusade, the rise of Ordinals, Inscriptions, and Runes, the Bitcoin Core vs. Bitcoin Knots conflict, and a full technical breakdown of what BIP-110 actually does — and why it's doomed to fail. TIMESTAMPS 0:00 Intro 2:11 Satoshi Dice and the origin of Luke Jr's anti-spam crusade 10:20 Meta-protocols arrive: Counterparty, OmniLayer, and Tether's origins on Bitcoin 11:56 The op_return byte limit history 18:41 Why Ethereum failed 28:51 Ordinals launch in Jan 2023 40:12 Insidious motivations behind anti-Ordinals backlash and the Swanfluencers 53:42 What BIP-110 actually is and does 1:00:43 BIP-110 signaling timeline and activation dates 1:08:16 Explaining the mining difficulty adjustment problem for a minority fork 1:21:00 Why BIP-110's filters are trivial to bypass (Ordinals and Runes survive regardless) 1:25:33 Final thoughts: why the whole community should log off and move on
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