Alkanes Are Fueling Programmable Bitcoin | With Oyl Dynamics episode artwork

EPISODE · Mar 13, 2025 · 1H 3M

Alkanes Are Fueling Programmable Bitcoin | With Oyl Dynamics

from Bitcoin Rails | Isabel Foxen Duke

Even after Ordinals, there’s a lot of infrastructure needed to make the Bitcoin economy work: wallets, indexers, interoperability, and programmable metaprotocols. Today's guests – Oyl Dynamics co-founders Alec Taggart and Ray Pulver – are building one software suite to tackle all of these problems, including the tools for anyone to spin up their own metaprotocol!In today’s episode, we discussed:The advantages of building on Bitcoin vs EthereumThe need for interoperability between Bitcoiin metaprotocolsHow Alkanes brings programmability to BitcoinWhether Wasm could overtake EVM in cryptoAirheads, $DIESEL, and marketing with an assetThis episode is powered by Best In Slot—the leading API for Ordinals and BRC20 data aggregation and indexing.00:30 What is Oyl Dynamics?02:30 Alec’s entry into Ordinals05:33 The need for Bitcoin wallets and indexing06:50 Indexing with Bitcoin vs Ethereum nodes09:10 Selling indexing tools to Bitcoin builders10:10:Metashrew: Spinning up any Bitcoin metaprotocol12:00 Ethereum vs Bitcoin wallets12:55 Unisat and OKX dominating the indexer13:55 The hardest asset should be easy to trade15:05 How BRC20s and Domo influence Oyl’s design16:00 Aggregating marketplace data for Runes, Ordinals, BRC20s18:00 Building a trustless AMM for Bitcoin18:40 From BRC20s, to Runes, to Programmable Runes22:20 What does “composable” mean?25:30 Alkanes: creating interoperability between all of the Protorunes29:55 The Oyl strategy: ultimate builder support33:10 Solving cross-metaprotocol interoperability35:00 The spectrum of programmability on Bitcoin36:00 Casey’s genius with Runes37:20 Where did the name “Alkanes” come from?39:00 Only BTC needed at Alkanes40:20 Using Ethereum as Bitcoin’s testnet42:00 Are there unique advantages of building on Bitcoin?43:00 What is special about Wasm?44:25 Will Wasm overwhelm EVM’s network effects?46:10 Is there any downside to building with Wasm?49:00 Wasm wasn’t ready when Ethereum launched50:25 Oyl’s Ordinal Collection: Airheads and Arthur Hayes54:38 Marketing tied to an asset you can trade55:30 Fundraising and Oyl’s $DIESEL EXP system01:00:20 How do people mine $DIESEL?› https://x.com/OylDynamics › https://x.com/oylwallet LISTEN / SUBSCRIBE TO THE PODCAST:› YouTube: / @bitcoinrails › X/Twitter: https://x.com/isabelfoxenduke › Spotify: https://open.spotify.com/show/5uPrBxvD691TpTqjijudkO?si=571634b88d574911 CONNECT WITH ISABEL:› Email: [email protected] › LinkedIn: https://www.linkedin.com/in/isabel-foxen-duke-87272423/ › X/Twitter: https://x.com/isabelfoxenduke #Bitcoin #Ordinals #BRC20 #Runes #BitVM #zkp

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Alkanes Are Fueling Programmable Bitcoin | With Oyl Dynamics

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This episode is 1 hour and 3 minutes long.

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This episode was published on March 13, 2025.

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Even after Ordinals, there’s a lot of infrastructure needed to make the Bitcoin economy work: wallets, indexers, interoperability, and programmable metaprotocols. Today's guests – Oyl Dynamics co-founders Alec Taggart and Ray Pulver – are building...

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