What Is RSM (Runes State Machine)?
Since the Ordinals protocol debuted, the last two years of Bitcoin have been marked by increased spam and scams on the chain. Initially created as an easier way to inscribe data on-chain and tie it to a serial number, thus creating an NFT-like experience on Bitcoin, developers eventually used Ordinals to create token issuance meta […]
What Are Full Block Ordinals?
Ordinals have given the Bitcoin community much to think about. Some say they make Bitcoin fun, and others say they’re spam. Personally, I don’t need my money to be fun; I need it to be safe, secure, and reliable. But that’s just one plebs opinion. Ordinals have started their own movement, with businesses, applications, and […]
pStaking More Like Piss Taking
Bull markets are the ideal environment for opportunists. It’s the period in the cycle where bad ideas can get funding and live longer than they should. Once that influx of capital comes into Bitcoin as the great repricing begins, it raises all ships and dead wood surrounding those ships. As part of that deadwood are […]
Runes Have Failed To Excite The Degens
The launch of Runes on block 840,000 was heralded as a revolution for the Bitcoin network. Prior to the launch of Runes, tokens on Bitcoin were the talk of Twitter, despite the blockchain being bogged down by the inefficient meta protocol using ordinal theory to create BRC-20 tokens. BRC-20 tokens captured the imagination of speculators due to their fair […]
The Social Engineering Hacks Will Continue Until Self Custody Improves
When you decide to store your wealth in Bitcoin, security is paramount. The blockchain spares no expense in securing blocks for a reason, and you shouldn’t either. Trusting large entities with our money and assets might be the norm, but centralisation comes at a cost. While we fortify our digital wallets with strong passwords and […]
Lessons From The WBTC Address Poisoning Attack
In May 2024, the altcoin world threw up another epic loss for the ages when a whopping 1,155 WBTC (Wrapped Bitcoin), valued at over $70 million at the time, vanished from users’ wallets due to an address poisoning attack. While many reports will label it a hack, it is by no means coding on a […]
Rune Etching Mania Spiking Fees
The Bitcoin blockchain has just undergone its fifth halving event, marking a significant shift in the network’s ability to satisfy any growing demand for the asset. At block 840,000, the block subsidy – the incentive for miners to secure the network – was programmatically sliced in half, dropping to 3.125 BTC per block. The latest […]
Fair Mints: The Mexican Standoff
Altcoins have often painted themselves with a coat of decentralisation, claiming to democratise finance. It’s a “free market bro”. Anyone can create their own currency and participate in a revolution against traditional financial institutions. A movement that started with Bitcoin has seen a faction split off and devolve into a paragon of Ponzis, playing out […]
The Benefits Of Runes
Let me make this clear: I am an ordinal disrespector. I run Knots on my node, and I am proud of that; yes, Maxi brain doesn’t allow anything other than Bitcoin to fit in this blockhead. Now that you know my bias, let’s get down to the latest Tamagotchi craze hitting the blockchain. Ah, the […]
The Reality of Meme Coins
The world of Bitcoin is a wild ride, and we all have to forge our own path, form our own opinions, and build our convictions in our thesis. Eventually, if you put in enough work, you will find out that Bitcoin is the only way to do it. If you don’t bother to do your […]