This Week in Bitcoin (June 14th, 2023)

We are back with the weekly updates! Feels good man.

We are back baby!

After a couple month hiatus, it’s time to jump back into the weekly update goodness and keep you informed on all the cool stuff happening around Bitcoin.


Weekly interviews with the best founders building on Bitcoin.
Catch the podcast on YouTube, Apple, Spotify, or Fountain.
Latest episode #117 with Kody Low

Bitcoin

  • The BTC Startup Lab’s next cohort applications close this week. This is a great program for super early stage founders, typically at the idea phase, to meet like-minded entrepreneurs and build an investment ready Bitcoin startup.

  • The Bitcoin Optech newsletter is still the best place to get in the weeds updates around Bitcoin Core development. Latest newsletter (released today) is here.

Ordinals

  • Recursive Inscriptions are live! The TLDR is now inscriptions can call the data from other inscriptions and display it properly. An easy example is inscribed a website that has 3 files (HTML, CSS and an image). With recursive inscriptions you can upload each file individually and actually render an HTML website using data pulled directly from Bitcoin nodes. Lots of experiments to come!

  • Best in Slot is an Ordinals marketplace aggregator. Now you can scan all the popular Ordinals marketplaces to get the best deal on a collection piece. Best in Slot

  • Magic Eden pushed an update to allow filtering by trait attributes within Ordinal collections.

Stacks

  • BitFlow finance’s stable swap protocol is live on mainnet. These are a core piece of DeFi infrastructure that wasn’t live anywhere until now.

  • Xverse wallet pushed out a couple updates to the chrome extension this week.

  • NeoSwap continues to innovate with their Ordinals smart auctions.

Lightning

  • Amboss (Data analytics provider) has announced Liner. A way to tell how much yield (sats earned) the Lightning network is providing so investors and node runners can make more informed decision on how to allocate BTC.

  • Strike (Ran by everyone’s favorite cool BItcoiner, the other Jack) announced they now run all their own infrastructure. From holding Fiat to custody BTC. They claim to now have no other trust party risk outside of themselves.

  • BitKit got a big update with some quality-of-life stuff around Lightning payments, transaction details, and tags. I still haven’t done research into BItKit or anything from Synonym. You can take a deeper dive into BitKit here.

  • Mash has been building Lightning tools for websites for awhile. They have a slick browser extension and website SDK. They just announced a super slick web-based Lightning wallet. Sign in via Safari on iOS and you can add it to your homescreen, The UI feels just like a native app.

  • Blockstream open-sourced a bunch of their Lightning-focused work (called Greenlight) on GitHub.

Rootstock

  • Rootstock has $2.5 million set aside to identify and fund up to 100 projects building on their chain in the Bitcoin Scaling Hackathon. With an average check of $25k ready to deploy to founders. Read more

Interesting podcast I enjoyed this week.

Thats it for this week.
Love yall!
-Jake