{
"p": "ons",
"op": "post",
"title": "Exclusive Interview with #Ordinals Co-founder Ordinally @VeryOrdinally",
"url": "https://ordinals.forsale/2023/03/16/exclusive-interview-with-ordinals-co-founder-ordinally-veryordinally/",
"author": "Ordinals.ForSale - Pepe The Ordinals Expert",
"body": "This exclusive Interview is for the history books. We recommend that everyone involved with Ordinals read it and learn from the Ordinal technical fellow, Ordinally\n\nFirst we would like to thank the sponsor for this interview: OrdinalsMansion.com,\n\nThey will donate all Ordinals proceeds to 1nft.blog so we can keep our non profit mission of documenting Ordinals and NFT history through exclusive Interviews going.\n\nThe Ordinals Mansion collection is a celebration of the historical link between the founding of Bitcoin by Satoshi Nakamoto in 2009 to founding of Ordinals in 2022 by Casey Rodarmor.\nYou are a co-founder of the ordinals protocol. How did you get into ordinals? What is your origin story and how has your journey been thus far?\n\nFirst, I would not label myself as a co-founder of the protocol. My journey with Ordinals began when I met Casey last summer, and I was immediately hooked when he told me about Ordinal Theory. It provides a lens on Bitcoin that I found fascinating, as I had thought about similar ideas but had yet to crystallize them as clearly.\n\nI then wanted to start hunting rare sats last September, and out of frustration with how long the indexing process for the Ord client took, I started contributing to the Ord codebase. I found this a perfect place for me; I had wanted to learn Rust, and dive deeper into Bitcoin development, so working with Casey on this was a great way to learn while working on something that fascinated me.\n\nI had never been into NFTs, so the concept of inscriptions, which was not yet implemented then, did not even interest me when I got into this. It has been a fun ride to experience this level of interest and growth from the front lines, and it has been overwhelming at times.\n\nI am excited about helping create an open protocol that prioritizes a sound concept of collectibles and digital art over the rampant speculation and scams that had me steer clear from ever looking into the NFT world. It’s incredible to see the number of people creating and building within the Ordinals ecosystem, and I eagerly anticipate the journey ahead!\nDid you ever imagine that Ordinals would take off exponentially and become a movement?\n\nThe explosive growth following the launch in January took me by complete surprise. I had expected a slow, steady journey with maybe a few hundred people showing interest in the first few months, at most. We thought we could continue to work quietly on implementing essential features like provenance and collections before experiencing such widespread adoption.\n\nAlthough the community’s support has been immensely gratifying, the rapid growth has also presented challenges, such as PR reviews becoming a bottleneck for our small team. There are some amazing-looking contributions in the pending PRs, and I look forward to getting more contributors tied into further development of the Ord codebase.\nThe ordinals ecosystem is growing with all sorts of inscription services, marketplaces and even ordinals wallets. What are your thoughts on these developments and do you have any favorite inscription services, marketplaces, and wallets for ordinals?\n\nThe rapid growth of the Ordinals ecosystem is thrilling and demonstrates the community’s appetite for a more sound approach to digital collectibles and art. Inscription services, marketplaces, and wallets tailored for Ordinals are essential for a seamless user experience.\n\nWe have the unique opportunity to develop a culture of self-sovereignty and decentralization in this new space, and not just copy successful examples from the existing NFT ecosystem, so I am particularly excited about truly decentralized and trustless offerings and am glad to see rapid developments in that direction.\n\nCan you comment on rare sats hunting. What is a rare sat and why is it valuable and can ordinary folks do rare sats hunting?\n\nThis is one of the first things I got interested in after learning about Ordinal Theory from Casey last summer. I created a script to catalog all my UTXOs and identify old, rare, and exotic sats. Rarity and scarcity are crucial properties of collectibles, so this was a lot of fun, and it’s an interesting and beautifully weird aspect of this space.\n\nHowever, I’d caution those who venture into sat hunting to be mindful of counterparty risks. When sending large amounts of Bitcoin to exchanges and withdrawing again in the hope of finding some rare sats, you need to be aware of these risks.\n\nSome Bitcoin purists think ordinals are not good for Bitcoin. What are your thoughts on this assertion?\n\nI’m a Bitcoiner first and foremost, and if it weren’t for my firm belief that Ordinals and Inscriptions would make Bitcoin stronger, I would not be interested in Ordinals. The critical signal is Bitcoin and sound money, Ordinals and inscriptions will always remain a sideshow to that, in my opinion.\n\nI believe Ordinals makes Bitcoin stronger in many ways, with increased adoption being a key example. An unprecedented number of people have started running Bitcoin full nodes in the last few weeks – many of whom were completely new to Bitcoin or previously only active on other chains. I’m hopeful that Ordinals continues to introduce newcomers to Bitcoin and encourages users to run their own nodes.\n\nOf course, Ordinals also creates a more competitive fee market for blockspace – which I believe is a positive as it incentivizes miners to secure the network. As the block subsidy for mining decreases with each halvening, a robust fee market will become increasingly important for the broader security of the network. A robust fee market will also drive adoption for L2 protocols like Lightning for payments, which strengthens Bitcoin as a medium of exchange.\n\nI also believe that Bitcoiners can have fun, too, and that it’s important to be welcoming to new Bitcoiners coming from other ecosystems – and help them to learn about Bitcoin and Ordinals!"
}