By Pepe The Expert

Firstly let’s talk about your cool name, Shremp. How did that come about? Did you get the idea from Forrest Gump’s shrimp boat?

Nah, not really, although that association popped up pretty soonish. The origin story goes like this: There is this meme of liking the BTC holdings to marine animals. And the shrimp is at the bottom of the foodchain there. The poorest of crypto holders, owning less than a single bitcoin.

So in the beginnings 2021 bullrun i said, “Ok, let’s do this shrimp thing.” The idea was, if i got more than one bitcoin i will evolve to a crab, a bit like a pokemon, you know? As i followed inversebrah and all the other degens it was pretty obvious i had to play it dumb as well, so Shremp was born. An idiot on CT, too stupid to write their own name, lightyears away from owning more than a single BTC. If only i had known this would be prophetic…

You have developed
a cool platform for searching #satsnames How did you discover #satsnames and why are you bullish about them?

Maybe it’s fair to say that i’m actually more of an ETH maxi (Shremp.eth 😂.) I read about ordinals on Udi Wertheimers tweets.

I always found him very smart and very open towards the ETH community, he has a unifying energy. I like that.

So when he said there’s NFTs coming to BTC i was intrigued. I followed the Taproots Wizard project closely and pretty soon NotSoFast showed up with his Ordinals Smokes.

I’ve been following NSF for quite some time and repsect him a lot, so i loved to see that. The Ordinal Smokes were too expensive for me at the time, but i was hooked by the pure anarchy of what happened within the first 10k inspriptions on BTC.

So naturally i was following all the people who popped up on twitter. And as i saw the
@sats_names account, it immediately clicked with me.

Ordinals Name Service, that got to be a thing! I checked out the format they proposed, researched a bit the thechnical side of how that could work out and created a few sats names myself to get some skin in the game.

I’m bullish on stas names because they are inscribed on BTC and not in a tag-on system like the .btc from Stacks. I’m also bullish, because it was 100% organic growth, no premining and a very fair launch. It just felt right.

Do you have any special satsnames in your ordinals collection?

I got some of the top 100 list of web2 domains as .sats, yes. And shremp.sats of course 😂.

Do you know the origins story of #satsnames and do you know anything about the mysterious
@sats_names who seems to have founded the project?

No, met them on Twitter, like you all did. Writing DMs with them regularly, but they seem to be a team, not a single person.

Do you see Bitcoin wallet addresses being replaced by satsnames in the future?

Yeah, that’s a future far away, right now, but yes. That’s the basis of my “investment” thesis. It’s inscribed on the most important decentralized ledger humankind has. Is there a better way to track ownership?

How are satsnames different from ENS, sol and other blockchain naming services out there?

As Ethereum and Solana have real smart contracts that can live on-chain, it’s easier to build systems that are much closer to the world of domain names as we know them from web1 and web2. That’s quite more complicated on bitcoin. How would you handle a redirect from a sats name to a wallet address? There are a lot of question that still need to be answered.

But the main difference for me is that you rent .eth and .sol names. They expire unless you pay up. Which allows the registry to sell them again. This is not the case with sats names. If you own them, you own them. If you want them, you have to buy them.

Also: censorship-resistance. The .ens and .sol systems are not immutable so while they offer a higher level of censorship resistance due to the decentralization they offer (to varying degrees) they are not 100% immutable due to the fact that you have to renew the domains periodically