Supreme Court weighs Trump immunity claim after justices hear arguments. Trump criminal trial resumes after a day off with former CEO of the "National Enquirer's" parent company back on the stand. Disgraced movie mogul Harvey Weinstein's New York rape conviction thrown out. CBS News Correspondent Jennifer Keiper with tonight's World News Roundup.
Runes and Ordinals ‘Artist’ Creator, Casey Rodarmor has just invented two of the most dramatically impactful protocols in the blockchain industry's history and embraces cryptocurrency's speculative and gambling nature.
In this installment of "The Protocol," hosts Brad Keoun, the founding editor of The Protocol Newsletter, and tech journalists Sam Kessler and Margaux Nijkerk,
are joined by Casey Rodarmor to discuss the launch of Runes, a protocol on the Bitcoin blockchain that allows users to create and trade meme coins. Casey expresses skepticism about the usability of layer two solutions and the potential for stablecoins on Bitcoin.
Takeaways |
Casey Rotemar believes that many projects in the crypto space make false claims about utility and are ultimately worthless.
Runes embraces the speculative and gambling nature of cryptocurrency, positioning itself as a degenerate casino.
Casey discusses the potential regulatory concerns and the ability of Bitcoin to withstand a nation-state attack. Bugs were found before the launch of Runes and Ordinals, including a divide-by-zero bug and issues with high-fee transactions and the mint logic.
Getting Bitcoin soft forks adopted can be challenging, but there are new BIP editors who are helping to merge proposals and improve the process.
Casey is skeptical about the usability of layer two solutions and believes that developing on top of Bitcoin without modifying the base layer is often the best approach.
There is potential for stablecoins on Bitcoin, but Casey is unsure if there is enough market demand for them.
The names of some of the runes created by the community can be offensive, but there are also creative and funny names emerging.
Casey is interested in developing a file-sharing protocol unrelated to blockchain or cryptocurrency, with a focus on improving the user experience.
Chapters
00:00 Introduction and Background
05:58 Runes: A Degenerate Casino on the Bitcoin Blockchain
13:58 Bitcoin's Strengths and Ethereum's Weaknesses
27:58 Bugs and Challenges Before the Launch
35:26 The Potential for Stablecoins on Bitcoin
41:59 Creative and Offensive Rune Names
49:57 Developing a User-Friendly File-Sharing Protocol
The Stellar Community Fund (SCF) is an open-application awards program that draws on community input to support developers and startups building on Stellar and Soroban. Accelerate your web3 project today.
The Protocol has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “Take Me Back” by Strength To Last.
In Tracie McMillan's new book, The White Bonus: Five Families and the Cash Value of Racism in America, the author documents the lives and experiences of a handful of white Americans, including herself, and then attempts to quantify their racial benefit. Plus, Harvey Weinstein's NY State conviction is thrown out—a history and analysis of the Sandoval ruling.
Newly approved military aid package goes to Ukraine, Taiwan and Israel. We'll hear about what its impact on the battlefield will be. And in London, royal horses get loose during rush hour. Sign up for State of the World+ to listen sponsor-free and support the work of NPR journalists. Visit plus.npr.org.
Dr. Jo Boaler is a leading math education expert and one of the writers of the California Mathematics Framework, a set of guidelines focused on improving equity in California's math classrooms. We first talk about her upcoming book, Math-ish, and the beauty of pursuing more "ish" in our lives. Then, we discuss a recent anonymous complaint that was filed with Stanford University, accusing Dr. Boaler of misrepresenting research to serve her own agenda.
Update: Shortly after recording with us, Stanford University announced they would not be pursuing a formal investigation of Dr. Boaler, and that "...the allegations reflect scholarly disagreement and interpretation.”
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Host Jennifer Sanasie breaks down the latest news in the crypto industry from when Morgan Stanley could allow brokers to recommend ETFs to the auction of the iconic "Buy Bitcoin" sign.
To get the show every day, follow the podcast here.
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as Morgan Stanley (MS) is looking to allow its brokers to recommend spot bitcoin ETFs to their customers according to a report from AdvisorHub. Plus, Aligned Layer has raised a $20 million Series A, and the iconic 'Buy Bitcoin' sign has been auctioned off for 16 BTC.
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Consensus is where experts convene to talk about the ideas shaping our digital future. Join developers, investors, founders, brands, policymakers and more in Austin, Texas from May 29-31. The tenth annual Consensus is curated by CoinDesk to feature the industry’s most sought-after speakers, unparalleled networking opportunities and unforgettable experiences. Register now at consensus.coindesk.com.
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This episode was hosted by Jennifer Sanasie. “First Mover” is produced by Jennifer Sanasie and Melissa Montañez and edited by Victor Chen.
Ravi kicks off the show by tackling three of the week’s biggest breaking news stories: what TikTok’s future in the U.S. looks like after President Biden signed legislation that will ban or force a sale of the platform, the rationale behind the New York Court of Appeals’ decision to overturn Harvey Weinstein’s 2020 sex crimes conviction, and what to know about the pro-Palestine protests that have erupted on college campuses across the country.
Ravi then welcomes Keri Rodrigues, co-founder and founding president of the National Parents Union and co-host of The National Parents Union Podcast. Keri and Ravi discuss the impact of Moms for Liberty, what Gen Z’s future looks like, and why there’s so much debate around whether students should be allowed to have their phones with them during school.
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