Why Ordinals and BRC20 Tokens are Driving Bitcoin Layer 2 Development

from The Breakdown · host Blockworks

Bitcoin has been experiencing much higher-than-normal fees of late, driven by Ordinal inscriptions and BRC-20 token memecoin mania. On this Long Reads Sunday, NLW reads two essays that explore how they're driving layer 2 development. Frogs, Fevers and Fees: Bitcoin’s New Governance Challenge - Michael Casey As Bitcoin Scales, We Need Better Custodial Solutions - George Kaloudis Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/nathanielwhittemorecrypto Subscribeto the newsletter: https://breakdown.beehiiv.com/ Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW

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This episode was published on May 21, 2023.

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