Bitcoin’s Next Generation Meta Protocol is Bringing Back Smart Contracts | Adam Krellenstein

13/11/2025 56 min
Bitcoin’s Next Generation Meta Protocol is Bringing Back Smart Contracts | Adam Krellenstein

Listen "Bitcoin’s Next Generation Meta Protocol is Bringing Back Smart Contracts | Adam Krellenstein"

Episode Synopsis

In this episode, co-creator of Counterparty Adam Krellenstein joins the show to unveil Kontor – a next-generation Bitcoin meta-protocol offering native smart contracts and scalable file storage built directly on Bitcoin. He explains how Kontor builds on the legacy of Counterparty, colored coins, and Ordinals to bring true DeFi to Bitcoin without sidechains. Enjoy!



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Timestamps:

(00:00) Introduction

(02:02) Kontor: The Next Bitcoin Meta Protocol

(03:48) Why Bitcoin Needs a Meta Layer Now

(08:05) Smart Contracts, Storage & Kontor’s Design

(13:00) Ethics, On-Chain Activity & Bitcoin’s Moral Debate

(17:43) Launch Playbook & Kontor Tokenomics

(19:36) Kontor’s Scripting Language & Transaction Flow

(25:06) FG Trailer

(26:18) How Data Moves Through Kontor & Bitcoin

(32:06) Building on Bitcoin vs. Alt-L1 Ecosystems

(36:59) Bitcoin’s Next Era: Protocols, Miners & Markets

(47:52) Multiple Implementations & the Future of Consensus

(51:23) Bitcoin Wall Street-ification & Guardrails

(55:18) Final Thoughts





Disclaimer: Nothing said on Supply Shock is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed.



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