Bitcoin & NFTs w/ Leonidas King of Ord.io
Originally aired on July 26, 2023
Leonidas King, the creator of Ord.io, joins the podcast to discuss ordinals, a new way to create NFTs through Bitcoin. He explains how ordinals work, the concept of rare stats, and the recent upgrade to the protocol called recursion. Leonidas also shares his thoughts on the future of Bitcoin and the potential collaborations and innovations in the ordinals space.
Bitcoin & NFTs with Leonidas King of Ord.io
- Leonidas King discusses the ordinals protocol, which allows for the creation of NFTs on Bitcoin through a unique indexing method.
- He explains the concept of rare stats, which are individual SATs that hold value based on their history and inscriptions.
- Leonidas shares his excitement about the recent upgrade to the ordinals protocol called recursion, which allows for even more possibilities in creating NFTs on Bitcoin.
- He talks about the importance of immutability and how storing data fully on chain in ordinals provides a secure way to preserve and store valuable assets.
- Leonidas mentions the potential collaborations between ord.io and centralized exchanges, as well as the interest from large cryptocurrency companies in the ordinals protocol.
- He also discusses the future of the ordinals space, including the potential for generative art and the trading of rare stats.
- Lastly, he gives a shoutout to Trevor Owens, the host of the ordinal show, and Adam and Jake from Emblem Vault, who are working on a cross-chain bridging technology.