In this episode of Bitcoin, Explained, Aaron and Sjors explain Inscriptions, a new method to upload arbitrary data onto the Bitcoin blockchain. Chapters 00:00:00 Inscriptions and listener boosts 00:03:28 OP_RETURN and the cost of blockchain data 00:07:34 Inscriptions, Ordinals and on-chain images 00:09:59 How inscriptions use the transaction witness 00:17:16 Taproot and inscription size limits 00:19:48 The SegWit discount and block weight 00:24:34 The controversy: node costs and filtering 00:28:49 Fee markets and Bitcoin’s long-term security 00:33:25 Ordinals, NFTs and digital ownership Episode Sponsor: https://voltage.cloud/ Sjors New Book: https://www.amazon.com/Bitcoin-Technical-innovations-Sjors-Provoost/dp/9090360425