A Primer on BRC-20: Innovation or an Attack on Bitcoin?

Bitcoin has recently set records for transactions. Fees are dramatically higher than they were a few months ago. Ordinals have ballooned to more than a million inscriptions per week. BRC-20 is a primitive token standard that uses ordinals to create a form of Bitcoin-native token. Just a couple months old, the market cap of BRC-20 tokens is over $400m and a great debate rages: is this Bitcoin builder innovation - or a new attack vector on the network? To join the discussion: bit.ly/breakdownpod Thanks to our sponsor: In Wolf's Clothing // Wolf is the first startup accelerator focused exclusively on Bitcoin and Lightning // Learn more at wolfnyc.com Bitcoin Builders is produced and hosted by Nathaniel Whittemore. Lead researcher is Scott Hill. Edited by Kyle Barbour-Hoffman. Images by Midjourney. Theme music is "Everybody Dance" by True Ripper, licensed via Track Club. Ad music is "Easy's First Tiger" by Bossfight