Mix dough. In a large bowl, add bubbly, active starter and lukewarm water. Whisk until there are no large clumps and the liquid looks milky and cloudy. Add flour and salt directly on top. Mix the dough with a spatula until it looks like a shaggy ball and there are no more visible streaks of flour. If there is a visible layer of flour, use wet hands to squeeze the dough until fully absorbed.
Bulk Ferment: cover the shaggy dough ball and rest for 1 hour at room temperature. Remove the lid and stretch and fold the dough 4-6 times. Cover and rest for 1 hour, then stretch and fold again. Cover and rest for 1 hour, then stretch and fold again for a minimum of three sets of stretch and folds. Repeat until roughly doubled in size.
Add chili oil. Lightly flour a clean counter. Gently dump the dough onto the counter. Stretch gently into a rectangular shape, making sure not to rip or puncture the dough. Drizzle chili oil or chili crisp all over the surface of the rectangle. Using the back of a spoon, evenly spread out the chilli oil. Make sure to leave a 1-2 inch border on the edges of the dough.
Add cheddar cheese. Sprinkle the grated cheddar cheese directly on top of the chili oil. Again, leave a 1-2 inch border on all the edges.
Shape the dough. Fold the dough into thirds, like an envelope. Roll the envelope of dough into a boule or round ball, making sure to pinch the ends together. Make sure not to puncture the dough.
Final Proof. The 2nd rise or Final Proof is the last step in the fermentation process. After shaping the dough, transfer (seam side up) to a banneton bread basket. Or, use a bowl and dishcloth. Cover with plastic wrap or a shower cap. Transfer to the fridge for 12-24 hours.
Pre-heat oven. Place a Dutch oven in the middle rack of the oven. When ready to bake, preheat the oven and Dutch oven to 500F/260C.
Score. Transfer the cold dough from the fridge onto a piece of parchment paper, right side up. Using a bread lame, score the loaf. Make sure the cut is deep enough to allow the steam to escape.
Bake. Transfer the parchment paper and scored loaf to the pre-heated Dutch oven. Add 2-3 ice cubes to the Dutch oven and cover. Be careful and use heavy-duty insulated oven mitts -- it will be very hot! Bake covered for 25 minutes. Remove the lid and continue baking until brown and crispy, another 25 minutes. *If you prefer a lighter colored loaf, lower the heat to 400F/204C and bake for 35-40 minutes after removing the lid.
Cool. Transfer to a wire metal rack and remove the parchment paper. Cool for 1-2 hours at room temperature. It should crackle while it cools. Do not cut into the loaf immediately or the bread will be gummy.
Enjoy! When cooled, cut into thick slices. Serve with butter and Hot Honey.