The Problem With "Bitcoin-native" Claims

Most things calling themselves Bitcoin-native are not. They settle on Ethereum, they custody coins through a federation, they hand you an IOU and call it Bitcoin. Plenty of projects ship something useful that touches Bitcoin somewhere. Few ship primitives where every byte that matters lives on the chain, or anchors to the chain, or settles on the chain.

This week I shipped three primitives that fit that bar, on the same captcha endpoint that hands out SHA-256 challenges to AI agents around the clock. They are not new ideas in isolation. Randomness beacons, DLC oracles, and Rune fair-launches all exist.…