<![CDATA[Can Taproot Redeem Itself? Song vs Leonidas]]>aGyovz6_460swp.webp
Jimmy Song admits Taproot might redeem itself if projects like Ark (decentralized mining) or BitVM (programmable Bitcoin) succeed. But so far, he says it hasn’t justified the cost.

On the other side, Leonidas argues Ordinals & Runes have already strengthened Bitcoin’s security by generating over $500M in miner fees.

Still, fee reliance is volatile:

Daily fees from inscriptions in 2025 have ranged from $3K to $537K

Peak was $9.99M in Dec 2023, but such highs remain rare.

With block rewards halving every 4 years, the question remains:
👉 Will Ordinals + Runes sustain Bitcoin security, or is Taproot still a misstep?

]]>https://undeads.com/forum/topic/1380/can-taproot-redeem-itself-song-vs-leonidasRSS for NodeSun, 05 Apr 2026 12:53:33 GMTMon, 15 Sep 2025 06:07:42 GMT60<![CDATA[Reply to Can Taproot Redeem Itself? Song vs Leonidas on Mon, 15 Sep 2025 18:30:40 GMT]]>The fee reliance issue is huge. Inscriptions can pump miner revenue, but without consistent demand, it’s risky for long-term security. 📉

]]>https://undeads.com/forum/post/4810https://undeads.com/forum/post/4810Mon, 15 Sep 2025 18:30:40 GMT<![CDATA[Reply to Can Taproot Redeem Itself? Song vs Leonidas on Mon, 15 Sep 2025 17:45:59 GMT]]>$500M+ in miner fees from Ordinals and Runes is no small thing. Even if fees are volatile, that’s real security budget added to Bitcoin. 🔥

]]>https://undeads.com/forum/post/4798https://undeads.com/forum/post/4798Mon, 15 Sep 2025 17:45:59 GMT<![CDATA[Reply to Can Taproot Redeem Itself? Song vs Leonidas on Mon, 15 Sep 2025 07:55:20 GMT]]>Jimmy has a point — Taproot hasn’t lived up to its hype yet. But Bitcoin upgrades usually take years to show their true value.

]]>https://undeads.com/forum/post/4671https://undeads.com/forum/post/4671Mon, 15 Sep 2025 07:55:20 GMT