In this episode of The Ordinal Show, we dive into the latest developments in Bitcoin's ecosystem, focusing on the new CATNIP token protocol that may be enabled by OP_CAT. The conversation covers the distinction between CATNIP and existing protocols like BRC20 and Runes, emphasizing CATNIP's programmability and potential for Bitcoin stablecoins. Udi and Rijndael explain how CATNIP tokens enforce consensus on-chain, making transactions more secure compared to off-chain indexed methods used in Runes and BRC20. They also explore the implications for building decentralized applications and bridging assets to L2s.
The Ordinal Show is a series of regular Twitter Spaces featuring conversations with amazing people from the Bitcoin Ordinals community.
Every Mon at 10:30am ET & Wed at 6:30pm ET. Hosted by Trevor.btc, Jan and Leonidas.
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