Unbroken Chain

Using Ethereum as a benchmark, Bitcoin-native assets are a potential 100X opportunity. BRC2.0 co-creator @0xBinari (+ CEO of @bestinslot) shares key stats with Bitcoin Rails host @isabelfoxenduke

BRC2.0 is officially live on Bitcoin mainnet. Bitcoin L1 now has smart contracts, programmability, and 6-byte tickers. ⚡️ The road ahead is full of new products, features, and airdrops. Stay tuned! 🪂✨

@FarmerJoe0x Thank you sir.

@UnbrokenChainGP Yes, final sale, no refunds.

I can confirm. Bitcoin is a great employer! I work for Bitcoin.

@DavidFBailey Absolutely. But even shitcoins should trade on Bitcoin.

@UnbrokenChainGP Shitcoins are a hell of a drug

1. Bitcoin a massive Bitcoin treasury through accretive dilution. 2. Compound the Bitcoin treasury through accretive allocation. 3. Generate Bitcoin native income (satsflow) through accretive M&A. Nakamoto will become the Berkshire Hathaway of Bitcoin.

Oh my! Kraken thought $DOG was actually $ORDI.

@isabelfoxenduke @EliBenSasson Awesome 😎

BITCOIN RAILS EPISODE #24: The History of Zero-Knowledge Proofs | with ZK “Godfather” Eli Ben Sasson In 2013, computer science professor @EliBenSasson presented his research on zero-knowledge proofs at a small Bitcoin conference outside of Standford University. The presentation immediately sparked interest from Bitcoin Core developer Greg Maxwell—leading Eli into over a decade of sustained work advancing ZK-based solutions for blockchain scalability and privacy. Today, zero-knowledge proofs are widely considered some of the most powerful and promising cryptographic primitives for scaling—with their full potential for Bitcoin simmering just beneath the surface of active development. This episode shares Eli’s early discussions of ZKPs for scaling, the use of proofs in privacy-enhancing technologies like Zcash, the explosion of ZKPs for Layer 2s on Ethereum… and his recent return to exploring ZKPs for Bitcoin. As always, you can view this episode on YouTube or Spotify via the linktree in my bio—YouTube link in comments as well. This episode is powered by Best In Slot—the leading API for Ordinals and BRC20 data aggregation and indexing. TIMESTAMPS: 00:51 Eli Ben-Sasson: Godfather of ZKPs 02:15 Revealing Proof Research to Bitcoiners 04:15 Meeting Greg Maxwell; Mike Hearn 06:10 ZCash: Bringing ZK Based Privacy for Crypto 07:05 SNARKs and STARKs Explained 08:10 Would Satoshi Approve of Bitcoin STARKs? 11:41 ZCash Privacy Versus Monero 13:45 When did the ZKP era begin on Ethereum? 16:34 What’s different about ZK STARKs? 18:40 Vitalik and STARKs on Ethereum with Starkware 21:10 Academics finally appreciating STARKs 23:18 Healthy competition in the ZK industry 24:20 What is Starknet? 25:50 What is an L2, in Eli’s view? 27:20 Focustree, an app on Starknet 30:00 How Eli arrived at Bitcoin Season 2 34:45 When did ZK look realistic for Bitcoin? 36:55 Eli first heard about OP_CAT 39:30 Why Lightning isn’t good enough 40:30 When did Starkware start focusing on OP_CAT? 44:20 Runes bridge to Starknet! 46:00 Expanding Starknet staking to BTC 48:20 Why is OP_CAT “barely enough” for Bitcoin L2s? 51:00 The real reason people oppose OP_CAT, per Eli 53:00 The risks of *not* changing Bitcoin 55:35 The weakness of Bitcoin’s lack of governance 01:00:15 We will need to softfork for quantum!

@huuep @lashercorson Thank you, Danny! We agree.

@lashercorson Focusing on Bitcoin is a good strategy

What if there is no alt season? What if the crypto cycle is defined by attention & capital focusing on Bitcoin: Bitcoin treasury companies, Bitcoin ETFs, Bitcoin tokens, and Bitcoin-based digital art?

For me, living on the Bitcoin standard means diversifying with Bitcoin-related assets like Ordinals and Bitcoin companies, but holding the vast majority in Bitcoin itself. Traditional assets and the rest of crypto just aren't interesting to me.

@lashercorson 💯💯

Metaprotocols inherently make more sense than L2s. If you're gonna build an experimental thing that might not work, seems best to build it on something that definitely works. Instead of building something that might not work on top of something even less likely to work.

@isabelfoxenduke @januszg_ @redvelvetzip @TaprootWizards Good one 🎉

BITCOIN RAILS EPISODE #20: Breaking Down the Great Covenants Debate | with Janusz @januszg_ and Red @redvelvetzip If you’re following Ordinals, you’ve likely heard the term “OP_CAT,” a proposed Bitcoin opcode popularized by the @TaprootWizards In this episode, I brought on Janusz and Red from @BitcoinLayers to break down what OPCAT is, how it works, and what it makes possible for Bitcoin—hint hint: you’re gonna learn all about ‘covenants’ and their role in trustless bridging in this episode. Of course, this interview wouldn’t be complete without a breakdown of other covenant-enabling opcodes on the table—especially OP_CTV and OP_TXHASH. Fair warning: this episode goes deep into what an OP_CAT (or covenants) future for Bitcoin might look like… as well as the potential dark side of “doing nothing.” In this episode, we discuss: -The difference between CTV, TXHASH, and CAT -Why more expressivity isn’t always better -The Risks and Rewards of upgrading (+ the great script restoration debate) -Is the window for making changes to Bitcoin closing? -Why ossification won’t matter in a post-OPCAT world As always, this episode can be viewed on Spotify or YouTube—full episode in the comments or linktree in my bio. This episode is powered by Best In Slot—the leading API for Ordinals and BRC20 data aggregation and indexing. TIMESTAMPS: 0:00 Intro 01:20 Janus and Red’s backgrounds 03:30 What Ordinals revealed about degens and Bitcoin 05:48 What the fuck is a covenant? 06:38 Specific proposals that enable covenants: CTV, TXHash, OP_CAT 07:55 Using covenants for bridging 09:20 Are there limits to CTV? 11:15 What is TXHash? 13:20 What about OP_CAT? 15:35 OP_CAT enables SNARKs 17:30 Red’s analogy comparing the 3 proposals 20:00 How many Opcodes should we introduce? 21:15 Bitcoin’s Final Upgrade? Running out of time 24:00 The consequences of not changing Bitcoin 26:50 Bitcoin rollups will benefit Bitcoin security 31:57 Do we need to break BTC’s 21m supply cap? 35:00 Softforks can help more than just rollups 38:00 Every Bitcoin L2 is trusted right now 42:55 What does Bitcoin “scaling” mean? 44:00 Lightning can actually be trustless 46:20 Do all L2s need an L1 transaction to onboard? 52:10 Money making as a BitVM operator

Ladies and gentlemen, allow me to present a truly remarkable piece from the "Black Eyes Edition" of the Ordinal Maxi Biz (OMB) collection, a pioneering ordinals project inscribed on the Bitcoin blockchain. This artwork serves as a profound bridge between the vibrant counterculture of the 1960s and the digital art revolution of the 2020s, masterfully marrying the iconic imagery of the Grateful Dead with the innovative spirit of Bitcoin ordinals. Here, we see the Grateful Dead’s "Lightning Skull"—also known as "Steal Your Face"—and the beloved "Dancing Bears," reimagined through OMB’s distinctive hand-drawn, one-of-a-kind profile picture style, a testament to the enduring power of art across mediums and eras. The artwork draws deeply from the rich legacy of the Grateful Dead, a band formed in San Francisco in 1965, whose imagery has long symbolized the freedom and rebellion of the countercultural movement. The "Lightning Skull" was first conceptualized in 1969 by Owsley "Bear" Stanley, the Grateful Dead’s visionary sound engineer and a pivotal figure in the psychedelic era, in collaboration with artist Bob Thomas. Stanley’s inspiration emerged from an unexpected source—a freeway sign he glimpsed through the rain, a circle divided by a white bar with orange and blue halves. He reimagined this as a striking red and blue circle pierced by a 13-point lightning bolt, a design initially created for a practical purpose: to mark the band’s equipment during the chaotic festival tours of the era, ensuring their gear stood out amidst a sea of black road cases. Thomas later added a skull beneath the circle, and this emblem made its debut on the 1973 album *History of the Grateful Dead, Volume One (Bear’s Choice)*, a heartfelt tribute to the late Ron "Pigpen" McKernan, featuring recordings from February 13-14, 1970, at the Fillmore East in New York City. The name "Steal Your Face" emerged later, tied to the 1976 album of the same name, inspired by a poignant lyric from the song "He’s Gone," reflecting on loss and betrayal. Complementing this electrifying symbol are the "Dancing Bears," also designed by Bob Thomas for *Bear’s Choice*. These whimsical figures were a nod to Stanley himself, affectionately nicknamed "Bear," and his deep ties to the psychedelic movement as a pioneering LSD producer. Stanley, ever the purist, insisted that the bears were not dancing but marching, their high-stepping poses inspired by a lead sort from an unknown font—a subtle nod to the era’s typographic artistry. Over time, these bears became an enduring symbol of the communal joy and unity of the Grateful Dead’s devoted fanbase, the Deadheads, who followed the band through over 2,300 live performances from 1965 to 1995. These shows included iconic moments in music history, from the Monterey Pop Festival in 1967 to Woodstock in 1969, and even a transcendent performance at the Great Pyramid of Giza in 1978, where the band played under a lunar eclipse, blending their music with the ancient energies of the site. In this "Black Eyes Edition" piece, the fusion of these historic symbols with the cutting-edge medium of Bitcoin ordinals invites us to reflect on the evolution of art, community, and freedom itself. The Grateful Dead’s ethos of openness and resistance to centralized control finds a direct descendant in the digital age through John Perry Barlow, the band’s lyricist, who co-founded the Electronic Frontier Foundation in 1990. The EFF’s 1996 victory in establishing code as protected speech under the First Amendment laid the philosophical groundwork for Bitcoin’s decentralized, censorship-resistant architecture—a legacy of liberty that the Ordinal Maxi Biz collection proudly inherits. Thus, this artwork stands as a fitting tribute to the Grateful Dead’s timeless spirit of creativity and connection, now reimagined in the boundless frontier of the internet.

@OrdTorches @isabelfoxenduke Isbael is beloved by many!

“ISABEL” Isabel Foxen Duke is a key figure in the Ordinals space. She managed communications for the protocol (Feb - May 2023) and played a pivotal role in its early adoption, working closely with prominent creators. She is now a general partner at Unbroken Chain, the first Ordinals-focused liquid fund backed by BTC Inc. She invests in and trades Bitcoin-native assets. Isabel also hosts Bitcoin Rails, a podcast exploring Ordinals, Bitcoin tech, and Layer 2 developments.

@isabelfoxenduke @cryptoquick super interesting

BITCOIN RAILS EPISODE #18: MAKE BITCOIN QUANTUM RESISTANT | with BIP360 author Hunter Beast @cryptoquick Quantum computing is a complicated topic—one that incites equal amounts of fear and skepticism depending on who you talk to… especially in Bitcoin. In this episode, BIP360 author Hunter Beast wisely shares why the “truth is likely somewhere in the middle,” citing incremental advancements in quantum computing that may eventually pose a legitimate threat to some Bitcoin addresses—as well as steps we can take to protect ourselves in the short, medium and long term. The correct posture is to “be prepared, not scared,” says @cryptoquick Ultimately, the introduction of quantum resistant cryptography—via proposals like BIP360—will be needed for higher degrees of security. That said, individuals can mitigate personal risk substantially through proper address-use hygiene. This episode breaks down the specific challenges Bitcoin will face in the event of a quantum attack, the likelihood of an attack over time, and the steps we’ll need to take at the individual and communal level to ensure Bitcoin’s safety. This episode includes detailed discussion of: 1) How quantum computing could potentially affect Bitcoin public/private key cryptography—and technologies built on vulnerable addresses (e.g. Taproot) 2) Best practices for protecting yourself against quantum in the short and long term 3) Implications of vulnerable address types—e.g. what about Satoshi’s coins? 4) Deep Dive into BIP360 + proposed long-term solutions 5) Industry roadmaps for quantum computing + how banks and governments are preparing for “Q Day” As always, this episode can be viewed on Spotify or YouTuve—full episode in the comments or linktree in my bio. This episode is powered by Best In Slot—the leading API for Ordinals and BRC20 data aggregation and indexing. TIMESTAMPS: 00:00 Intro 02:05 What is quantum computing? 04:30 How could quantum threaten your Bitcoin wallet? 06:50 Addresses that are safe from quantum 09:13 Satoshi’s coins are in danger! 11:25 What happens if Satoshi’s coins are touched? 14:45 Do we softfork to shield Satoshi’s coins? 16:38 “Transitory inflation” for bitcoin after quantum 21:05 Why Taproot addresses are vulnerable 23:50 Do NOT reuse your Bitcoin addresses! 26:03 When will Quantum become a threat? 28:34 The long/short exposure attack; explained 31:45 Protection using private mempools 33:20 Why all the new Bitcoin L2s are in danger 37:45 Quantum is 5 to 10 years away, governments fear 40:34 Non-Bitcoin systems threatened by quantum 42:26 Centralized systems can adapt to quantum 43:50 Hunter’s BIP: Post quantum cryptography in Bitcoin 47:40 Hunter’s three new signature algorithms 53:48 Is new cryptography on Bitcoin risky? 56:33 Why not just stick to hash-based cryptography? 58:49 A 16X discount for quantum resistant addresses? 01:02:30 Creating quantum resistant multisig addresses 01:04:00 What is Frost? 01:06:50 The long process of approving a BIP 01:08:30 What developers think of Hunter’s BIP 01:10:00 Matt Corallo’s concerns with Hunter’s approach 01:11:00 Steps to implementing the BIP 360 01:17:00 Where to learn more about BIP 360 01:17:50 Who can push the button to change Bitcoin?

@lashercorson ⛓️💀⚡️

@isabelfoxenduke @domodata 🔥🔥

BITCOIN RAILS EPISODE #17: DOMO’S SIDE OF THE STORY & the HISTORY OF BRC20 A particularly special episode—@domodata sits down with me for his first video interview ever—to recount the unique history of the BRC20 protocol. The first Bitcoin-native token standard ever created, BRC20 came into existence almost overnight and quickly emerged as a multibillion dollar asset class in 2024. This episode covers the influences leading up to the birth of $ORDI, the roles of different players involved along the way, and how core maintainers are preparing for their next major update—affectionately dubbed “BRC 2.0” by Bitcoin educator @bobbodily Additionally, Domo shares his memory of key moments in BRC20 history—including: —the development of BRC20's canonical indexer and details of Domo's working relationship with @unisat_wallet —Ordi's listing on OKX and Binance (+ what he believes triggered listing decisions by those exchanges) —the creation of the Layer 1 Foundation and the responsibilities of its member organizations in maintaining the core protocol —why Domo has never accepted funding (including advisory fees) from either of his lead maintainer companies @unisat_wallet or @bestinslotxyz We also go into depth about what sparked the “BRC20 indexer wars” and how stakeholders are ensuring the integrity of its consensus going forward. This episode includes special mentions of major influences in the evolution of BRC20—including @redphone @robertjfclarke @Bitcoin_Punks_ @satsnames @bestinslot @unisat_wallet and others. This episode can be viewed on YouTube or Spotify using the linktree in Isabel’s bio—YouTube episode is also in the comments. As always, thanks to the show's sponsor @bestinslotxyz for making this episode possible— in addition to being a core maintainer of BRC20, Best In Slot maintains the leading API for Ordinals and BRC20 data aggregation and indexing. TIMESTAMPS: 01:04 Domo, Ethereum, and how he found Bitcoin 05:04 Why Ordinals clicked for Domo 07:58 Ordinals going from underground to mainstream 11:13 Who helped Domo ideate around Ordinals? 16:21 How did Domo announce ORDI, the “first” BRC20? 20:02 Why did BRC20 blow up so fast? 22:25 How did UniSat get involved with BRC20? 25:12 Catalysts for the BRC20/ fungibles boom 26:35 When did BRC20 get good pricing data? 29:00 Domo’s stresses during the ORDI blowup 31:34 How involved was Domo with UniSat early on? 35:00 Exchanges instantly deciding to list ORDI 37:38 How did Best In Slot start indexing BRC20s? 41:48 Centralization of indexers 44:18 Coordinating indexers around Ordinals forks 47:25 Relaunching the Layer 1 Foundation 49:25 The relationship between Domo, UniSat, and Best In Slot 51:02 Upgrading BRC20: Swap and Programmability Module 54:55 How the programmability module came to be 57:00 “Standard Maxiness” is hurting the industry 59:00 Plugging BRC20 into everything else 01:00:50 Do programmable metaprotocols solve interoperability? 01:02:50 Metaprotocols and L2s: do they compete? 01:05:00 Does BRC20 have an advantage over the metaprotocols? 01:06:20 How should the community approach Bitcoin’s issues? 01:08:50 Competition rising in the BItcoin space 01:10:00 People are underestimating metaprotocols 01:11:55 Single step transfer for BRC20

@L1Fxyz @bestinslotxyz 🔥🔥

BRC20 PROTOCOL UPDATE ▶️▶️ 1. The BRC2.0 Programmable Module, developed by the @bestinslotxyz team, will be available on Bitcoin Signet this Monday, March 31st. This upgrade introduces a virtual machine and Turing-complete functionality into the BRC20 canonical indexer—enabling BRC20 tokens to become programmable. Documentation and tooling will be available for developers interested in building DeFi and other applications with the BRC20 standard on Bitcoin L1, without relying on bridges, multi-sig schemes, L2s, or validator networks For more information about the BRC2.0 Programmable Module, follow the @bestinslotxyz team for updates and Q&A. 2. The @unisat_wallet team has developed three implementations for a BRC20 single-step transfer function—for three indexing service providers, including OKX, UniSat and OPI. The team intends to publish its implementation proposal by the end of this week. Additionally, UniSat will be facilitating testing of this function in various environments—including on the @fractal_bitcoin network. For updates on testing of the BRC20 single-step transfer function implementation—follow @unisat_wallet 3. As of today, the @unisat_wallet team is including two additional implementations of the BRC20 swap module on the @fractal_bitcoin network, after its initial implementation was introduced in September 2024. Over the next 2–4 weeks, these new implementations will be rigorously tested to ensure their stability and reliability—in preparation for activation on Bitcoin mainnet. For updates on the testing status of the BRC20 swap module upgrade —follow @unisat_wallet All teams involved with the development of BRC20 appreciate any and all feedback on code, docs, etc. as these updates are implemented. We're thrilled to push the BRC20 core protocol forward throughout 2025!