Using Bitcoin Ordinals for Permissioned Subnets–New Governance Primitive?

1 AppropriateTest 1 5/6/2025, 5:27:02 PM github.com ↗

Comments (1)

AppropriateTest · 5h ago
KIP-31 proposes anchoring high-throughput subnets to Bitcoin via drivechains and using ordinal inscriptions to manage subnet permissions. This sidesteps the need for consensus-layer changes while introducing a novel governance mechanism.

Could this kind of ordinal-based permissioning offer a scalable way to extend Bitcoin’s utility—without compromising its base-layer conservatism?

Would appreciate any thoughts or critique from others working in L2s, rollups, or Bitcoin-native DeFi.

A summary of the proposal: https://medium.com/@bobnymous/unlocking-bitcoins-potential-h...