Bitmap is on the verge of total blockout where every available bitcoin block is claimed through inscription. We review some ecosystem updates and explore new ideas behind what is being built. Several new projects are emerging, one being a way to claim parcels of earth by overlaying the bitmaps and associating them to google plus codes. This will allow infinite layers & infinite use cases for the community to mint their bitmap location on earth itself. Also, a community developer by the name of IMSO Chris is building the beginnings of Bitcoins first megalopolis and distributing his parcel ownership for the city. All of these are examples of amazing first attempts at adoption and leveraging the standard to create new value.
Links in Video
1. https://twitter.com/ChainRacingClub/status/1674020078898012160
2. https://twitter.com/ChainRacingClub/status/1674020078898012160/retweets/with_comments
3. https://twitter.com/TheBlockRunner/status/1674035669130158081
4. https://twitter.com/jksats/status/1674074580137267203
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Disclaimer
The views and opinions expressed by The Block Runner are for informational purposes only and do not constitute financial, investment, or other advice.
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https://www.youtube.com/watch?v=zXCi_noZeVI
Join Will and Iman from the Block Runner as they discuss the latest white document release in the Bitcoin space. They dive into the concept of BitVm, a computing paradigm that allows for Turing complete Bitcoin contracts. They explore how this infrastructure component, aims to improve the robustness of Bitcoin by introducing new abilities of functionality while maintaining decentralization. The hosts examine the potential functionalities and limitations of Bitvm, highlighting the need for verifiers and the risk of losing cryptocurrency in case of falsified claims. They also address the excitement around this development while cautioning that it is currently just a white paper.
Links
1. Whitepaper
https://twitter.com/robin_linus/status/1711378768059584723
2. Bob explaining
https://twitter.com/BobBodily/status/1711581484254192013
3. TheBlock
https://www.theblock.co/post/255683/bitvm-bitcoin-smart-contracts?utm_source=twitter&utm_medium=social
4. Spiderchain
https://twitter.com/WillemSchroe/status/1711764613237293419
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Disclaimer
The views and opinions expressed by The Block Runner are for informational purposes only and do not constitute financial, investment, or other advice.
0:00 - Progress with BRC 20, Benny, Track, Tap. Industry formation, swapping modules
5:05 - No network rule changes, verified computations, contracts
7:52 - Atomicals team impressed with their viable product
10:01 - Bitcoin taproot upgrade enables expressive smart contracts
14:46 - Tokens incentivize behavior
18:27 - Spider chain: leveraging bitvm for side chain
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https://www.youtube.com/watch?v=PgapfqcFurI
A podcast hosted by Will and Iman covering the Metaverse, Crypto, and Beyond.
From: Will Bitmap Become the Metaverse Standard on Bitcoin?! MUST WATCH!
Full Video? https://youtu.be/Ne52iHGvEBY
#theblockrunnerpodcast #metaverse #crypto #fyp #Bitmap #bitmapland #bitcoin
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https://www.youtube.com/watch?v=lWLZoSgUPZU
A podcast hosted by Will and Iman covering the Metaverse, Crypto, and Beyond.
From episode 130: Metaverse: The Multiplayer Version of the Internet | $Trillion Opportunity | Monaverse
Full Video? https://youtu.be/kEdQEhy4KvE
#podcast #TheBlockRunner #Metaverse #Crypto #Ethereum # #fyp #Google #Amazon
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https://www.youtube.com/watch?v=LU3r-n7TyOQ
A podcast hosted by Will and Iman covering the Metaverse, Crypto, and Beyond.
From: Why Bitmap is Close to Takeoff? Bitmap Takeover 1️⃣
Full Video?https://youtu.be/A3fPYsoOyNA?si=K8yBrM7dLi51ev1U
#TheBlockRunnerPodcast #metaverse #Crypto #BitmapTakeover #Web3 #Animoca #Bitmap
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https://www.youtube.com/watch?v=HO8bs9XHZdU
Hosts Iman and Will dive into the topic of Bitcoin and its current value proposition in the world. They discuss the shifting interest in Bitcoin, from meme lines and macroeconomics to its role as a digital store of value and hedge against the traditional financial system. They analyze the market sentiment and highlight the significance of accumulation phases for buying Bitcoin. The hosts also explore the potential for a new mania in the crypto space, focusing on artifacts and the development space on Bitcoin as the new frontier. They emphasize the advantage of Bitcoin's existing awareness and credibility compared to teaching new layer one technology. Overall, they believe that Bitcoin's lead in awareness and the simplicity of digital assets on the platform will attract users and drive further innovation in the Bitcoin ecosystem.
Links in Video
1. https://charts.bitbo.io/rainbow/
2. https://charts.woobull.com/bitcoin-price-models/
3. https://www.coindesk.com/policy/2023/10/23/all-spot-bitcoin-etf-applications-may-be-approved-together-crypto-etf-expert-predicts/
4. https://cointelegraph.com/news/bitcoin-etfs-600-billion-tipping-point-crypto
5. https://twitter.com/incomesharks/status/1716276298426073123?s=42&t=oucAziOWLeCc2bYU5pll1w
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Disclaimer
The views and opinions expressed by The Block Runner are for informational purposes only and do not constitute financial, investment, or other advice.
0:00 - Buy in blue bands for repeating success
4:36 - Prelude to bullish sentiment, market cleaning up
9:34 - Agreement on new marketing vector, unchanged product
10:55 - Crypto and economy impacted by recession and inflation
15:32 - Rumor: ETF approval could cause big sell-off
16:52 - Influx of capital, driven by influential figures
20:33 - Believe Bitcoin will drive next cycle, despite challenges
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https://www.youtube.com/watch?v=U3sBMOGtz34
We broke down the Bitmap standard a couple of days ago and introduced how it has the potential to become a foundation to the metaverse existence on top of Bitcoin. Within a couple of days, the inscription counts for .bitmap ID’s has risen by more than 40X!!! We were not expecting this much traction to generate so quickly but upon re-evaluation it makes sense. The narrative of standardizing an ownership mechanic to blocks produced on Bitcoin and leveraging that model as a metaverse infrastructure layer is so powerful. Quickly the Ordinal community is understanding that and claiming their desired blocks in hopes to one day be able to convert them into virtual environments they can be proud to own. Will all roughly 800k blocks on Bitcoin be minted out? And if so, will other blockchains like Solana, Ethereum, and Binance copy this standard and roll out their own versions of bitmap?
Links in Video
1. https://unisat.io/search?q=.bitmap&type=text&p=1
2. First youtube video on bitmap: https://www.youtube.com/watch?v=Ne52iHGvEBY&t=522s
3. https://twitter.com/fishbrainLtd
4. https://twitter.com/blockamoto/status/1666426881564979200
5. https://bitfeed.live/
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Twitter: @Nat_Thom_
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Disclaimer
The views and opinions expressed by The Block Runner are for informational purposes only and do not constitute financial, investment, or other advice.
...
https://www.youtube.com/watch?v=e8yX1vVmWVQ
In this episode, Will and Man discuss an interesting update in the world of Bitmap. They delve into the idea of tokenizing Bitmap to achieve more liquidity, and a concept called Wrapped BMap is introduced. They explore the need for fungibility in Bitmap and the potential challenges in creating a fungible token for an ecosystem that is based on non-arbitrary uniqueness. The hosts also touch upon the importance of stablecoins in the metaverse and the potential future developments in this area. They highlight various past attempts at creating fungible tokens on Bitmap and discuss the experimental nature of the metaverse ecosystem. Rcsv.io already showing tremendous traction and contribution to the Bitmap ecosystem may be what makes the launch of this token under the Unisat Module system work.
Links in Video
1. https://twitter.com/UnisonX_/status/1724297385965420592
2. https://twitter.com/rcsvio/status/1724394554814845219
3. https://bmpbrc.com/
4. https://unisat.io/brc20/%24BMP
5. https://docs.bitplots.com/
6. https://academy.nftx.io/staking/what-is-a-staker/
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Disclaimer
The views and opinions expressed by The Block Runner are for informational purposes only and do not constitute financial, investment, or other advice.
0:00 - Image describes ecosystem, deposit bitmap, withdraw maps
3:09 Bitmap's unique properties challenge fungibility, but possible
8:22 Issue with token allocation disregards rare blockchributes
11:09 UNISAt group creates extension of BRC 20
14:25 Trading wrapped map for bitmap, same result?
17:30 Future gap of supply, inflationary difficulty with bitmaps
19:22 Random bitmap may not work due to unknown traits and embedded data
23:48 More token standards and experimentation for bitmap
...
https://www.youtube.com/watch?v=sNp5BXgbYcM
A podcast hosted by Will and Iman covering the Metaverse, Crypto, and Beyond.
From video: How Bitmap Community Devs are Creating the next Billion-Dollar MANIA
Full Video?https://youtu.be/bL8b-_LskeI
#TheBlockRunnerPodcast #metaverse #Crypto #fyp #AI #Decentralized #Bitmap
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https://www.youtube.com/watch?v=zXJ0Ys5uPpE