Why parent-child provenance matters w/ Danny Yang
In a conversation with Danny Yang, the founder of OCM and Osura.
The discussion delves into the concept of 'parent child provenance' and its significance in the world of ordinals and collections, particularly in a decentralized context. The key points include the challenges faced with provenance, such as unclear on-chain collections and centralized control by marketplaces like Magic Eden. It emphasizes the importance of parent child provenance for maintaining long-term value and organizing collections on the Bitcoin blockchain. The conversation explores tools and processes for implementing parent child provenance, the difficulties in adoption, and the potential for better UI and education to make it accessible. Innovative solutions like recursion in batch inscriptions and the significance of creating a structured hierarchy of collections were highlighted. Lastly, the discussion underscores the need for more widespread adoption and education to make the parent child approach ubiquitous in future collections.
The Ordinal Show is a series of regular Twitter Spaces featuring conversations with amazing people from the Bitcoin Ordinals community.
Every Mon at 10:30am ET & Wed at 6:30pm ET. Hosted by Trevor.btc, Jan and Leonidas.
Follow us on Twitter: https://twitter.com/TheOrdinalShow
Subscribe to our Substack: https://theordinalshow.substack.com
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