Who's Bidding? Inside Bitcoin Domain Auctions
https://youtu.be/GjWBxStmtY4
What makes spaces special?
Spaces are anchored in Bitcoin, the most secure Proof-of-Work blockchain, and have the following properties:
Primary spaces are community identifiers, capped at ~3600 per year, acquired through permissionless auctions on the Bitcoin blockchain.
Each primary Space is a community that may issue sovereign handles off-chain known as subspaces.
Spaces AND subspaces (once allocated) are permissionless and as secure as Bitcoin itself! No bridges, slashing, or any kind of optimistic security.
The spaces protocol is designed with zk-light clients in mind making these identities verifiable on resource constrained devices.
Subspaces do not need to trust the community operator once allocated, and they can do 100% of their transactions on-chain if they wish.
Minimal on-chain footprint.
#BitcoinBidding #BitcoinAuctions
curiousbitcoin
npub13a…u3m02
2026-03-18 12:04:51 UTC
Author Public Key
npub13a78vq9z0dn4se7f9jtqk0wmx6adc646d576uw86nskxuqd6v6eqeu3m02Published at
2026-03-18 12:04:51 UTCEvent JSON
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"content": "Who's Bidding? Inside Bitcoin Domain Auctions\nhttps://youtu.be/GjWBxStmtY4\nWhat makes spaces special?\nSpaces are anchored in Bitcoin, the most secure Proof-of-Work blockchain, and have the following properties:\n\nPrimary spaces are community identifiers, capped at ~3600 per year, acquired through permissionless auctions on the Bitcoin blockchain.\n\nEach primary Space is a community that may issue sovereign handles off-chain known as subspaces.\n\nSpaces AND subspaces (once allocated) are permissionless and as secure as Bitcoin itself! No bridges, slashing, or any kind of optimistic security.\n\nThe spaces protocol is designed with zk-light clients in mind making these identities verifiable on resource constrained devices.\n\nSubspaces do not need to trust the community operator once allocated, and they can do 100% of their transactions on-chain if they wish.\n\nMinimal on-chain footprint.\n#BitcoinBidding #BitcoinAuctions",
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