
MeetupPast event
Blockspace Value Theory
We welcome you to the Bitcoin Bay Office for a workshop on "Blockspace Value Theory" (BVT). What is Blockspace Value Theory? Blockspace Value Theory (BVT) is a term originating from the Bitcoin Ordinals space, though it applies beyond ordinal inscriptions. BVT states that "Tokenized Blockspace" (inscriptions, runes, brc20 tokens and more) has a floor value proportional to the amount of blockspace used, and that the value roughly tracks price of transaction fees. BVT originates from Bitcoin, but …
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