Litecoin: Chikun Attack! (Ordinals, ordinals, ordinals)

Recorded: Feb. 9, 2023 Duration: 2:43:52

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You should know that I'm now with the power of nature Can bring you to the end of your life And you should know by my sky And I'm looking my eyes at you I've got to be massively full
♪ Chicken a Thai ♪ ♪ Chicken a Thai ♪ ♪ What you want back, what you want back ♪ ♪ What you want back, what you want back ♪ ♪ What you want back, what you want back ♪ ♪ What you want back, what you want back ♪ ♪ What you want back, what you want back ♪ ♪ What you want back, what you want back ♪ ♪ What you want back, what you want back ♪ ♪ What you want back, what you want#
♪ You want the sky ♪
With the power of nature you're never alone and you can't live long a night Every piece every three four of you to the end and you're about to be massacred
Alright, I can probably let that play. It sounds like if you hadn't heard that before you got to go watch it on YouTube. Uh, called Chicken Attack. That's the weirdest thing
ever my daughter found it. She just was looking up Japanese music and she found it because she's all into anime and stuff and that came up I'm gonna find it so I'll put it at the top. I think it should be our new official theme song to be honest with you. Chicken Attack is what it's called.
So, I had a few things we're going to get to today. I feel like this is getting back to the time when things are just something's changing every week.
I think we've went through a bit of a lull there after maybe this last fall it just seemed like. Nothing exciting was, well I guess after FTX nothing was happening for a while but...
This ordnals and descriptions thing, you know, big chief. I must say big chief was the first person to do any inscriptions. Well, at least on light coin like this, right? But, yeah, I mean, what do you guys think of all this right now?
after a week of digesting it.
I think it's amazing. Yeah, and it seems like all the Bitcoiners hate it and people from that are like NFT people hate it as well or like there is like etherheads or whatever
that don't like it. They're making fun of it on both sides, so that's probably a good sign. You think they hate it because it's competition in a way? Yeah. Well, that's not really an NFT.
whatever it is on Bitcoin is not really a smart contract because I mean it's not a smart contract and usually NFT is a smart contract and you can as an NFT to usually a smart contract where you can buy one without a third party involved or trustless.
Oh, that's a good question. I'm your bun and Ft. Because right now if you buy an ordinal, you would have to, that would not be a trust to this transaction.
have to trust the person to send you the ordinal or they would have to trust you to send them the Bitcoin once you received the ordinal. I think most there's not a marketplace yet. You're saying.
Yeah, there's no market play. Well, there's there's a
There's OrnalWallet.com, which is trying to be a marketplace. If you guys check that out, yeah.
I'm not sure yet. All right, again, this is a rescale. So this is when your boys write big cheats. Oh, don't that read up. He's just gonna spam the fucking thing. All right, is that what you're gonna do, bud?
I've been here in a long time, dude. I've been here in a while, but I can't have you, babe. I got to, I was in one of your buddy's spaces today, and I assume you guys all like
I don't know. Running the same circles all you Maxwell's. So I was surprised how little some of these guys knew about Lake Point. It's kind of disappointing to be honest with you. Yeah well there's not much interest in it.
I know. Why is that? Ah, because it's a scam. The founder dumped on everybody when it was at its all-time high. It doesn't serve any purpose.
I had like a real it's kind of all tied in because I was kind of going back and forth you a little bit shan and who was it crypto wrecking
about ordinals and I got really I found myself really frustrated that people were talking about how you need a sensor early find a way to stop these ordinals and I want to say they were saying censorship but
like he seemed to have a real concern about lack of decentralization, you know, and that if we let the nodes get too big, then just, you know, it was like the block size debate all over again. And he was like,
Well, if we don't have smaller nodes, we won't have decentralization. So we've got to stop these things. And like in my thought, it's like, well, the whole point of decentralization is so that transactions can't be stopped. So you can't say, let's break the rules of decentralization in order to preserve decentralization.
I don't know, I just started thinking a lot about like what when you're when we're sitting on these spaces and arguing like why do you want things

FAQ on Litecoin: Chikun Attack! (Ordinals, ordinals, ordinals) | Twitter Space Recording

What is the name of the song mentioned in the podcast?
The name of the song is 'Chicken Attack.'
Who found the song 'Chicken Attack'?
The host's daughter found the song 'Chicken Attack.'
What is the subject of the podcast?
The subject of the podcast is the recent developments in the cryptocurrency world.
Who was the first person to do any inscriptions on Litecoin?
Big Chief was the first person to do any inscriptions on Litecoin.
What is the sentiment of the Bitcoin and NFT communities towards the inscriptions on Bitcoin?
Both Bitcoin and NFT communities seem to hate the inscriptions on Bitcoin.
Why do some Bitcoin and NFT enthusiasts dislike the inscriptions on Bitcoin?
Some people believe that the inscriptions on Bitcoin are not smart contracts and that they require trust in the transaction.
Is there currently a marketplace for ordinals?
There is no official marketplace for ordinals yet, but ornalwallet.com is trying to be one.
Why is there not much interest in Litecoin?
There is not much interest in Litecoin because people believe that it is a scam and serves no purpose.
What does the host believe about the idea of stopping ordinals to preserve decentralization?
The host believes that the idea of breaking the rules of decentralization to preserve decentralization is flawed.
What is the block size debate?
The block size debate is a debate about whether to increase the size of blocks in the blockchain to allow more transactions or keep the blocks small to maintain decentralization.