Episoder
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Diego Salazar & Luke Szramowski are working to build Cypher Space: a privacy & sovereignty company. In this episode, they compare + rate the privacy of Bitcoin, Monero, Zcash, Firo, Mimble Wimble (Litecoin, Grin), Zano & Beam.
Time stamps:
(00:00:59) Introducing Diego Salazar & Luke Szramowski
(00:02:04) Tribalism and Privacy Protocols in Crypto
(00:03:55) Why Privacy Matters & Personal Motivations
(00:04:58) Diego’s Background and Cypher Stack
(00:06:58) Luke’s Background and Mathematical Perspective
(00:08:40) CoinJoin and the Limits of Bitcoin Privacy
(00:09:10) Threat Models and Privacy Tool Selection
(00:12:22) CoinJoin’s Effectiveness and Metadata Attacks
(00:14:18) Comparing CoinJoin to Tor/VPN Usage
(00:17:26) Overconfidence and Under-Researched Privacy Claims
(00:19:52) Levels of Privacy and User Education
(00:24:31) Defining Adversaries in Privacy Research
(00:26:10) CoinJoin’s Real-World Threats and Research Gaps
(00:27:17) Social Media, Nuance, and Privacy Debates
(00:29:11) CoinJoin as “Add-On” Privacy and Side-Channel Attacks
(00:31:46) Underestimating Adversaries and Attack Tools
(00:38:37) Sponsor Plugs and Criteria for Privacy Evaluation
(00:42:47) Scoring CoinJoin on Privacy Criteria
(00:51:09) WabiSabi and Wasabi Wallet Improvements
(00:59:29) Other Bitcoin Privacy Tools: BIP47 & Silent Payments
(01:06:19) Human Error and Privacy Tool Usability
(01:08:51) The Limits of Privacy Ratings and the Need for Nuance
(01:12:19) Tribalism, Community Research, and Productive Debate
(01:15:33) Non-Interactive Proofs and Security Assumptions
(01:16:27) Bitcoin Maximalism and the Limits of Debate
(01:17:34) Academic Rigor and the Need for More Research
(01:20:01) Bitcoin’s Privacy Risks if Mainstream Adoption Happens
(01:21:44) The State of Bitcoin Privacy Research and Funding
(01:34:03) Bitcoin’s Missed Privacy Opportunities
(01:37:14) Monero’s History and Privacy Technologies
(01:41:03) Monero’s Anonymity Set and Privacy Trade-Offs
(01:46:52) Monero’s Current Weaknesses and Upcoming FCMP
(01:55:24) Monero’s Privacy Scores and Scalability
(02:27:50) Zcash: History, Community, and Technology
(03:00:29) Zcash’s Privacy Model and Accumulator Approach
(03:05:56) Zero-Knowledge Proofs Explained
(03:20:08) Zcash’s Privacy Scores and Tachyon Scalability
(03:35:12) Firo (formerly Zcoin) and Spark Protocol
(03:44:45) Firo’s Privacy Scores and Future Upgrades
(03:52:06) Litecoin MWEB and Mimblewimble
(04:01:32) MWEB Privacy Scores and Limitations
(04:07:03) Other Privacy Projects: Zano, Beam, Salvium
(04:10:02) Toxicity, Community, and the Human Element
(04:17:00) Philosophy of Privacy and Human Nature
(04:24:28) Fungibility, Bitcoin, and Social Realities
(04:44:15) Summary and Chart of Privacy Scores
(04:57:52) Resources for Privacy Research and Final Thoughts -
Andrew Camilleri, better known as Kukks, is one of the most prolific contributors to BTCPay Server & an advocate for using bitcoin as money. Recently, he started building Bitcoin Layer 2 applications for Ark Labs & believes in conservative improvements.
Time stamps:
(00:00:49) Introduction & Andrew’s Background
(00:01:46) Getting Into Bitcoin & Altcoin Integrations
(00:03:02) Focusing on Bitcoin & Monero Plugin
(00:04:04) BTCPay Plugins & Community
(00:04:22) Bitcoin’s Imperfections & Altcoin Use Cases
(00:04:55) Pessimism & Stagnation in Bitcoin Development
(00:05:16) Introduction to Ark & Its Evolution
(00:06:10) Ark’s Technical Evolution
(00:07:31) Ark’s Impact on Developer Morale
(00:07:36) What is Ark?
(00:09:08) Ark’s Virtual Ledger & Dust Problem
(00:09:59) Off-Chain Payments & User Experience
(00:11:07) Lightning Network vs. Ark
(00:13:21) Custodial Lightning & Ark’s Broader Goals
(00:15:13) Escrow & Multisig Use Cases
(00:16:09) Bitcoin’s Usability & Fee Volatility
(00:16:51) Miners & Second Layer Economics
(00:19:08) Drivechains & Network Fragmentation
(00:21:38) Rollups, ZK Proofs, and Simplicity
(00:25:53) CTV, Musig2, and Soft Forks
(00:28:12) OP_CAT, Collider Script, and Efficiency
(00:32:38) Cost, Privacy, and Coinjoin
(00:36:12) Stablecoins, Payments, and Swapping
(00:38:14) Privacy, TumbleBit, and Ark’s Superiority
(00:41:03) Expiry, Operators, and User Experience
(00:44:14) Becoming an Ark Operator
(00:47:31) Fedimints, Liquid, and Privacy
(00:49:41) Security Against Operator Theft
(00:51:31) HODLing, Expiry, and Automation
(00:53:37) Payment Finality & Pre-Confirmation
(00:57:49) Government Attacks & Decentralization
(01:02:51) Ark’s User Experience & Wallet Integration
(01:05:11) Lightning Interoperability & Partnerships
(01:07:48) Arkade OS & Arcade Script
(01:13:06) Underrated Use Cases: Escrow & Synthetic Assets
(01:18:29) BTCPay Server’s Impact & Bitcoin Payment Adoption
(01:22:23) Speculation, Regulation, and Medium of Exchange
(01:24:20) Litecoin, Extension Blocks, and Privacy
(01:26:01) Coinjoin, Amounts, and Privacy Pools
(01:29:09) Bitcoin Upgrades, CTV, and Developer Frustration
(01:34:27) Soft Fork Politics & Overselling Upgrades
(01:41:53) Payments, Credit Cards, and Onboarding
(01:44:11) Stablecoins, Speculation, and Fiat Mindset
(01:48:48) Taproot Assets, Altcoins, and Control Tokens
(01:52:17) Early Bitcoin Days & Escrow
(01:54:53) Gaming, Digital Money, and Bitcoin Adoption
(01:59:15) Speculative Attack & Fiat Demand
(02:00:01) Supercycle Skepticism & Price Predictions
(02:02:22) Hard Forks, Big Blockers, and Research Value
(02:24:40) NFTs, Ordinals, and Free Market Transactions
(02:36:28) BTCPay Plugins & Comparison to LNBits
(02:43:14) Zero Conf, RBF, and Payment Risks
(02:47:41) Ark’s Future: Liquidity & Decentralization
(02:49:25) Testing Ark & Reference Wallet
(02:51:00) Browser Wars & Internet Evolution
(02:56:26) Scaling Bitcoin Payments & Libra Comparison
(02:58:10) Tipping, Custodial Wallets, and Ark’s SDK
(03:02:12) HODL Culture vs. Spending
(03:06:07) Optimism, Pessimism, and User Adoption
(03:08:13) Lightning’s Complexity & Ark’s Simplicity
(03:11:18) Competition Among Layer 2s
(03:14:13) Ark’s Launch, Operators, and Liquidity
(03:16:08) Ark Operator Incentives & Fee Structure
(03:17:08) Testing, Following, and Final Thoughts -
Manglende episoder?
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Peter Rizun is the chief scientist at Bitcoin Unlimited: a software client that aims to scale Bitcoin with big blocks, while also empowering regular users to run nodes. In this episode, we talk about what went wrong during the block size wars & his research in scaling hardware.
Time stamps:
00:01:15 — Introducing Peter Rizun
00:03:32 — Early Block Size Debates and Satoshi’s Vision
00:07:45 — Block Size Limit History and Miner Soft Limits
00:10:10 — Dan Kaminsky’s 2011 Scaling Predictions
00:12:01 — Scaling Philosophy: Zero, One, Infinity and Earth-Scale
00:15:09 — Block Size Wars, Chain Splits, and Altcoin Proliferation
00:16:43 — Stablecoins, Lightning, and Bitcoin’s Use Case
00:19:03 — Zcash, Ethereum, and Bitcoin’s Missed Opportunities
00:22:11 — Bitcoin’s Script Limitations and Smart Contract Innovation
00:25:10 — Scaling Limits: Hardware, Storage, and Bandwidth
00:35:31 — Node Software, Formal Specs, and Core’s Dominance
00:44:00 — Censorship, Reddit, and the Block Size Debate
00:48:04 — SPV Nodes, Custodial Wallets, and Decentralization
00:51:30 — Block Size, Internet Speed, and Global Node Access
00:57:26 — UTXO Model, Dust, and State Management
01:01:37 — Ethereum, Zcash, and Node Benchmarking
01:03:26 — Hardware Acceleration and Specialized Chips
01:07:00 — Sponsorship Break and Bitcoin Adoption via Debit Cards
01:14:59 — History of Block Size Proposals and Client Forks
01:21:07 — Consensus, Forks, and the Role of Exchanges
01:25:40 — SegWit, SegWit2x, and Political Compromises
01:33:04 — Bitcoin Cash, Market Dynamics, and Altcoin Competition
01:39:34 — Stablecoin Fees, Global Demand, and El Salvador
01:46:52 — Decline of Bitcoin Payments and Missed Opportunities
02:10:56 — Lightning Network: Promise vs. Reality
02:22:12 — Shitcoin vs. Bitcoin Maximalism and Open Source Innovation
03:05:52 — Spam, Miner Policy, and Transaction Filtering
03:17:05 — Hardware Scaling: M.2 Accelerator and Node Commoditization
03:29:11 — Nexa: Experimenting with Proof-of-Work and Node Bottlenecks
03:37:44 — Craig Wright, Satoshi Identity, and Big Block Movement Damage
04:02:03 — Fork Proliferation, Community Division, and Stablecoins
04:04:31 — Bitcoin’s Future, Experimentation, and Open Research -
Zooko has been thinking about building decentralized Chaumian ecash since the mid 1990s. When Bitcoin came out, he was the first cypherpunk to write a blog post about it. And today, he's honoring Satoshi's last wish of researching ZK proofs with Zcash.
Time stamps:
Introducing Zooko (00:00:55)
Early Cypherpunk and Digital Cash Days (00:03:18)
Cypherpunk vs. Cryptography Mailing List (00:03:52)
Discovering Digital Cash and Chaum’s Blind Signing (00:04:44)
The Internet, BBS, and the Fall of the Berlin Wall (00:09:10)
Growing Up with Technology in Eastern Europe (00:12:04)
First Computers and Early Programming (00:13:02)
Loading Games and Computer Limitations (00:14:05)
Impact of Tariffs and Internet Access (00:16:47)
Economies of Scale and Computer Conferences (00:18:28)
Social Media, Privacy, and Information Overload (00:19:33)
Twitter Blocking & Echo Chambers (00:21:06)
Personal AI and Information Control (00:24:08)
First Computer Memories and Speech Synthesis (00:28:55)
Programming Languages: BASIC, Pascal, and C++ (00:31:15)
Vocoder Technology and Privacy (00:32:27)
Video Games and University Life (00:34:28)
Science Fiction and Cypherpunk Literature (00:36:10)
Working at DigiCash and Early Digital Currency (00:39:04)
Nick Szabo, Social Scalability, and Economic Thought (00:46:27)
AI-Generated Personas and Real-Life Community (00:52:42)
Global Talent, Work Ethic, and Financial Management (00:55:51)
David Chaum as a Boss and DigiCash’s Downfall (01:00:06)
Decentralizing Ecash and Early Bitcoin Attempts (01:04:50)
Wei Dai, Crypto++ and Peer-to-Peer Innovation (01:06:19)
Open Source Maintenance and Funding Challenges (01:10:00)
Why Digital Cash Mattered in the 1990s (01:12:30)
Cypherpunks, Remailers, and Privacy Motivation (01:13:46)
Bitcoin’s Early Days and Zooko’s Initial Skepticism (01:19:55)
Bitcoin Advocacy and Security Flaws (01:39:07)
Zooko’s Triangle and Naming Systems (01:43:31)
Altcoins, Experimentation, and Maximalism (01:51:09)
Bitcoin’s 2013 Privacy Papers: ZeroCoin & ZeroCash (01:55:12)
Funding Innovation and Open Source Economics (02:00:27)
Zcash Launch, Sidechains, and Market Dynamics (02:03:40)
Sponsors and Bitcoin Innovation Renaissance (02:09:01)
Proof of Stake, Hybrid Models, and Cross Link (02:26:14)
Network Sustainability and Burn Mechanisms (02:33:37)
Quantum Resistance and Lost Coins (02:37:26)
Peter Todd’s Compute Node, Zcash Ceremony and Trusted Setup (02:42:19)
Zero Knowledge Proofs and Counterfeiting Bug (03:05:35)
Zcash Design Choices and Block Size (03:43:04)
Bitcoin Blocksize War and Evolution (03:49:09)
Zcash vs. Monero and Privacy Models (04:27:33)
Tachyon: Sean Bowe’s Scalable Privacy Breakthrough (04:08:22)
Live Zcash Demo and Address Privacy (05:27:00)
Zcash Mining, Liquidity, and DEX Integration (05:49:57)
Decentralization, Transparency, and the Future (06:02:22)
Closing Remarks and Podcast Wrap-Up (06:05:15) -
In a predominantly Proof of Stake world, The Proof of Work Alliance emerges as a champion of research & education among Proof of Work miners. Fractal Bitcoin's Charles Chong & Spencer Yang, plus Bitmars' ASIC Queen Summer Meng tell us how it all works.
Time stamps:
Introducing Charles, Summer & Spencer (00:00:50)
Overview of the PoW Alliance (00:01:43)
Challenges in Launching PoW Projects (00:02:32)
Formation of the PoW Alliance (00:04:19)
Importance of Collaboration (00:05:21)
Significance of the PoW Alliance (00:06:48)
Members of the PoW Alliance (00:08:26)
Addressing Environmental Concerns (00:09:24)
Renewable Energy in Bitcoin Mining (00:10:29)
Electricity Usage Comparisons (00:12:37)
AI and Bitcoin Mining Competition (00:15:21)
Centralization vs. Decentralization in Alliances (00:20:55)
Discussion on Risk and Collaboration (00:22:50)
Analogy with Polling (00:23:44)
Social Coordination in Bitcoin (00:24:15)
ASIC Manufacturing Oligopoly (00:25:04)
Challenges for New ASIC Manufacturers (00:26:55)
Emerging Competitors in Mining (00:28:43)
Mining's Capital Intensity (00:29:39)
ASIC Resistance Debate (00:30:42)
Economic Incentives in Mining (00:31:16)
Proof of Work Alliance Benefits (00:32:38)
Historical Context of Mining Innovations (00:33:50)
Decentralization vs. Large Mining Pools (00:35:10)
Impact of Economic and Social Factors (00:36:34)
Innovation in Proof of Work (00:38:05)
Challenges in Mining Innovation (00:40:30)
Broader Ecosystem Innovations (00:41:11)
Micro Innovations in Mining (00:42:15)
Merge Mining Popularity (00:43:17)
Proof of Stake Popularity (00:45:03)
Validator Business Models (00:45:29)
Alignment Issues in Mining (00:47:10)
Blind Merged Mining Discussion (00:48:34)
Risks of Drivechains (00:49:20)
Concerns Over Block Rewards (00:52:14)
Debate on OP_Return Function (00:54:19)
Passion in Bitcoin Debates (00:56:20)
Concerns About Ossification (01:00:04)
Impact of Inscriptions on Miners (01:03:26)
The Importance of Cross-Chain Integration (01:05:30)
Challenges of Bitcoin Adoption (01:06:05)
Gas Fees Comparison (01:07:12)
Stablecoins in the Bitcoin Ecosystem (01:08:05)
Celebrating Pizza Day (01:10:53)
Fractal Bitcoin's Pizza Challenge (01:14:30)
Reflections on Market Volatility (01:16:14)
Joining the PoW Alliance (01:18:22)
How to Contact Charles, Summer & Spencer (01:19:12)
Closing Remarks and Future Announcements (01:20:42) -
David Seroy works at Alpen Labs: the company which aims to bring an extended suite of financial applications to Bitcoin via ZK (Zero Knowledge) rollups. In this episode, we talk about the ideological divide in Bitcoin between builders & moonbois.
Time stamps:
Introduction to the Episode (00:00:56)
Background on Alpine Labs (00:02:08)
The Concept of ZK Rollups (00:05:00)
Comparing Alpen Labs with Drivechains (00:08:04)
Concerns About Data Usage (00:10:18)
Nuances of Data Posting (00:12:41)
Opposition to Rollup Data (00:13:47)
Filtering Transaction Data (00:14:43)
Consensus on Bitcoin Usage (00:17:31)
The Complexity of Changing Bitcoin (00:19:39)
Historical Context of Data Insertion (00:22:29)
Creating Layers on Bitcoin (00:22:43)
Scaling Bitcoin Beyond Marketing Drama (00:23:28)
Trust Assumptions in Multi-Sig Deployment (00:23:45)
Soft Forks for Efficient Financial Services (00:24:16)
Benefits of CTV and Check Sig From Stack (00:25:00)
Improving Efficiency with New Soft Forks (00:25:56)
Challenges of Multiplication in Bitcoin Script (00:27:01)
Irony of CTV's Reception (00:27:43)
Opposition to Change in Bitcoin (00:28:53)
Concerns Over OP_CAT and MEV (00:30:14)
Safety of MEV in Bitcoin's Ecosystem (00:31:14)
Using OP_CAT in Bitcoin (00:32:22)
Starkware’s Grant for Rollup Research (00:33:28)
Building on Bitcoin Cash vs. Bitcoin (00:34:52)
Bitcoin Price All Time High (00:36:38)
Alpen Labs' Development Plans (00:39:07)
Bitcoin.com’s Shift to BTC (00:40:10)
Differences Between CTV and Alpen Labs (00:41:04)
Backers of Alpen Labs (00:43:21)
Ethereum People Investing in Alpen (00:44:28)
Nic Carter's Fight Experience (00:45:02)
Reflections on Fighting Culture & Karate Combat (00:47:00)
Personal Athletic Endeavors (00:48:52)
Debate on Ethereum's Influence (00:50:15)
Nuances of Ethereum and Bitcoin (00:52:51)
Rollups and Trust Assumptions (00:54:21)
David Seroy’s Stratacast (00:55:19)
Need for Niche Bitcoin Podcasts (00:56:23)
Bitcoin's Existential Crisis (00:58:17)
Stock Portfolio Sacrifices (01:00:01)
Bitcoin as a Store of Value vs. Payment (01:00:56)
Concerns Over Stablecoins (01:01:06)
Legitimacy of Stablecoin Claims (01:03:14)
Building Bitcoin-Backed Stablecoins (01:04:36)
Bitcoin-backed Stablecoins Demand (01:05:31)
Intersection of Stablecoins and Privacy (01:06:34)
Potential for Privacy-focused Stablecoins (01:07:29)
Changing Adoption Narratives (01:08:35)
Synergy Between Stablecoins and Bitcoin Adoption (01:09:48)
Ideological Shifts in Bitcoin Use (01:10:51)
Alpen Labs and zk Technology (01:12:56)
Client-Side Validation Origins (01:15:51)
Zero-Knowledge Proofs in Transactions (01:18:31)
Bridging Bitcoin to Privacy Protocols (01:20:30)
Privacy vs. Market Attention (01:21:00)
Legal Implications for Privacy Protocols (01:22:37)
Historical Context of Privacy Advocacy (01:25:10
Privacy in Bitcoin (01:27:51)
The Future of Privacy Solutions (01:28:07)
Understanding zk Technology (01:29:54)
Current Rollup Implementations (01:31:20)
Interoperability of Rollups (01:32:28)
Critique of Lightning Network (01:34:19)
Challenges of Lightning Network (01:36:13)
Cultural Commentary on Bitcoin's Evolution (01:39:47)
Drivechains and Rollups for Miners’ Revenue (01:43:14)
Mainstream Bitcoin Events (01:48:10)
Alpen Labs and Tokens (01:49:38)
The Ethereum Token Dilemma (01:50:22)
Token Justification and Practices (01:51:05)
Incentive Issues with Tokens (01:52:00)
Lightning Network and zk Rollups (01:53:22)
Alpen Labs Main Chain Launch (01:55:09)
Cultural Resistance to Innovation (01:56:19)
Building Without Community Approval (01:58:42)
User Experience with zk Rollups (02:01:35)
Current Wallet Compatibility (02:04:52)
Yield Generation in DeFi (02:06:42)
Bringing Ethereum Innovations to Bitcoin (02:09:37)
Scaling Bitcoin: Block Size Debate (02:11:11)
Historical Perspectives on Block Size (02:12:33)
The Shift in Bitcoin Developer Opinions (02:14:13)
The Rise of Pragmatism in Bitcoin Development (02:15:06)
Challenges with Bitcoin Narratives (02:17:01)
The Role of Non-Technical Voices in Bitcoin (02:19:11)
Optimism Amidst Bitcoin's Challenges (02:20:25)
The Power Dynamics in Bitcoin Development (02:25:12)
Closing Thoughts and Future Directions (02:27:48) -
Mark Edge is a libertarian radio veteran best known for co-hosting Free Talk Radio: a show that's responsible for helping lots of OGs discover Bitcoin. In this episode, he explains why his co-host Ian Freeman is unfairly imprisoned and needs our help.
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Chandra Duggirala & George Burke are co-founders of Portal: an ambitious project which aims to replace centralized exchanges with atomic swaps across chains. By using technologies like BitScaler, Portal OS & RAFA AI, Portal is a serious contender.
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Time stamps:
Introducing Chandra & George (00:01:02)
Portal's Mission (00:02:26)
Trust Minimization Explained (00:03:32)
Evolution of Portal's Technology (00:04:55)
Bit Scaler (00:06:08)
Removing Trust in Exchanges (00:08:28)
AI Integration in Financial Markets (00:09:44)
Clarification on Lightning Network (00:11:39)
Bit Scaler vs. Lightning Network (00:12:04)
Channel Factories Explained (00:15:27)
Automated Market Makers Overview (00:18:04)
Centralized vs. Decentralized Exchanges (00:20:57)
Challenges of Atomic Swaps (00:24:15)
Critique of Cross-Chain Solutions (00:25:17)
Understanding Cap Structure (00:26:22)
Self-Custody in Bitcoin (00:26:57)
Toxic Approach to Bitcoin Values (00:28:03)
Drivechains Discussion (00:28:20)
Does Portal Require Any Soft Forks? (00:29:29)
Quantum Security in Bitcoin (00:30:43)
Critique of zk Rollups (00:33:10)
User Demand in Crypto (00:34:33)
Bitcoin as a Settlement Layer (00:35:25)
Free Option Problem Explained (00:39:33)
Demo of the Product (00:44:45)
Launch Timeline for Mainnet (00:51:11)
Proprietary Technology Overview (00:52:26)
Is the RAFA AI Open Source? (00:54:05)
Value Proposition (00:55:22)
User Experience and Trust (00:56:16)
Market Dynamics (00:58:37)
Incentives for Value (01:00:03)
Funding Round Speculation (01:00:10)
Development Timeline (01:00:37)
Mainnet Deployment Expectations (01:01:04)
Supported Assets for Portal Swaps (01:01:49)
Does Portal Compete with Exchanges? (01:02:19)
Investor Relations (01:02:37)
Trust Minimization Limits (01:03:37)
User Feedback Impact (01:07:45)
Operating System Concept (01:09:08)
Integration with Other Platforms (01:10:14)
Bitcoin as Settlement Layer (01:12:25)
Data Storage for Swaps (01:15:10)
Independent Chain Functionality (01:15:57)
Quantum Security Discussion (01:16:29)
Beta Testing Invitation (01:17:38)
Roger Ver's Legal Situation (01:18:02)
Silicon Valley Meetup Insights (01:21:10)
Bitcoin Adoption Trends (01:22:30)
Market Strategies and Competition (01:24:00)
Bitcoin's Original Purpose (01:24:40)
USD on Chain Concept (01:26:40)
Community Engagement (01:28:22)
Security in Crypto Exchanges (01:29:56)
Conference Attendance Strategy (01:30:20) -
Vitalik Buterin is the creator of Ethereum, but he's also a true Bitcoin maximalist. In this episode, Vitalik tells his story as a bitcoiner, explains why he built Ethereum, and makes use of his knowledge to predict the future of the two networks.
Time stamps:
Introducing Vitalik (00:01:00)
Vitalik's Early Involvement with Bitcoin (00:02:22)
Writing for Bitcoin Weekly (00:03:01)
Bitcoin's Early Fees and Transaction Model (00:06:45)
Evolving Understanding of Bitcoin (00:09:15)
Bitcoin Cash and the Scaling Debate (00:10:25)
Dark Wallet Project (00:14:06)
Coinjoin and Privacy Innovations (00:16:41)
Colored Coins and Bitcoin 2.0 (00:21:05)
Transition to Ethereum Development (00:21:58)
Current Layer Two Innovations (00:24:11)
Scaling and Privacy Innovations (00:25:55)
Ethereum's Early Criticism (00:27:05)
EVM's Role in Smart Contracts (00:28:11)
Challenges of Parallelization (00:29:23)
Sandboxing and Security (00:30:24)
Future Scaling Ideas (00:34:49)
Ethereum vs NXT vs Counterparty vs Omni/Mastercoin (00:35:37)
Lessons from Ethereum's Success (00:37:07)
The DAO Hack and Community Resilience (00:43:16)
Ethereum's Network Effect (00:45:43)
Ethereum's Ecosystem Resilience (00:49:35)
Decentralization vs. Scalability (00:50:41)
Critique of Ethereum Killers (00:51:21)
Layer One and Layer Two Dynamics (00:52:53)
SideShift (00:53:21)
How Vitalik Cancelled Craig Wright (00:54:51)
Current Characters in Bitcoin (00:58:03)
Daniel Kravisz's Views on Craig Wright (00:59:04)
Manipulative Tactics in Dating Advice (01:00:34)
NoOnes: Marketplace for Global South (01:01:19)
Bitcoin.com News Evolution (01:02:40)
Bitcoin Magazine is Now Pro Trump (01:04:37)
Libertarian Shifts in Crypto (01:05:03)
Ethereum Domain Name Registrations (01:06:09)
Layer Two Scaling Decision (01:08:08)
Hardware Requirements for Ethereum Node (01:10:45)
Philosophical Questions on Scaling (01:12:01)
The Dystopia Scenario (01:13:03)
Importance of Full Nodes (01:14:24)
Technological Innovations (01:15:27)
Running Full Nodes in Ethereum (01:16:30)
Privacy and RPC Trust (01:17:28)
Adapting Ethereum to New Cryptography (01:19:53)
Scaling Debate in Ethereum (01:22:04)
Respect for Ethereum's Approach (01:23:15)
Zcash and Ethereum Collaboration (01:25:00)
Challenges for Zcash (01:27:04)
Impact of Developer Actions (01:28:01)
Scaling Solutions in Bitcoin and Ethereum (01:30:43)
Defining Rollups vs. Sidechains (01:31:40)
Security Implications of Drivechains (01:34:03)
Transition to Proof of Stake (01:36:19)
ZK Coins and Shielded Client Side Validation (01:37:53)
Thoughts on TheStandard.io (01:40:03)
Backing Up Coins and Holding Keys (01:42:11)
Evolution of Multi-Sig Technology (01:46:43)
Privacy (01:48:14)
Concerns About Centralized Data Collection (01:51:10)
Impact of Snowden Revelations (01:53:35)
Privacy as a Key Aspect of Decentralization (01:55:49)
Ethereum's Cypherpunk Roots (01:57:07)
Feedback from Cypherpunks on Ethereum (02:00:42)
The Inspiration Behind DAOs (02:02:07)
AI and DAOs (02:02:40)
Vitalik’s Public Image and Price Pressure (02:02:55)
Media Attention and Its Impact (02:03:43)
Decentralization and Attention (02:04:03)
Price Influence and Market Dynamics (02:04:59)
Focus on Ethereum's Values (02:06:01)
Historical Use Cases of Ethereum (02:08:28)
Next Bull Market Narrative (02:09:38)
DeFi Ecosystem as a Proven Use Case (02:09:45)
Political Instability and Financial Security (02:12:05)
Polymarket, Prediction Markets and Mainstream Adoption (02:12:20)
Zero Knowledge Proofs and Privacy (02:14:20)
Roger Ver (02:15:23)
Principles of Freedom and Privacy (02:22:57)
Critique of Blockstream’s Liquid (02:24:00)
Bitcoin's Role in Decentralization (02:26:15)
Transition to RISC-V (02:27:37)
Adoption of RISC-V (02:28:36)
Redesigning Ethereum in A Time Travel Scenario (02:31:30)
Challenges in Ethereum's Development (02:32:45)
Ethereum and Bitcoin Relationship (02:37:02)
Complementarity of Bitcoin and Ethereum (02:38:40)
Does Vitalik Still Use Bitcoin? (02:41:21)
Lightning Network (02:42:06)
Standardization of LN Invoies (02:43:20)
Privacy Concerns with Bitcoin (02:45:42)
Running Lightning Nodes (02:46:52)
Home-Based Bitcoin Solutions (02:48:12)
Tribalism in Crypto Communities (02:48:53)
Ethereum's Evolution and Ideals (02:50:06)
Collaboration Between Bitcoin and Ethereum (02:51:10)
Diverse Blockchain Future (02:51:45)
Is Vitalik a Bitcoin Maximalist? (02:52:59)
Community Values and Challenges (02:53:45)
Cultural Dynamics in Cryptocurrencies (02:56:05)
Layer Two Solutions for Bitcoin (02:59:31)
Vitalik's Online Presence (03:00:25)
Closing Remarks and Future Guests (03:01:36) -
James O'Beirne is a Bitcoin developer who's not afraid to support unpopular improvement proposals: recently, he spoke about increasing the block size on the stage of OP_NEXT. He also works on CTV & CSFS, and tends to favor technical data over clout.
Time stamps: 00:00:52 - Introducing James O'Beirne
00:02:00 - James O'Beirne's Current Bitcoin Core Contributions (CTV/CSFS)
00:02:55 - Shared Motivations and Concerns About Bitcoin Scaling & Financialization
00:05:24 - Discussing New Opcodes (CTV, CSFS, CAT) and MEV Risk
00:06:45 - OP_CAT: Existing Implementations, Unknown Unknowns, and Layer 2 Scaling Needs
00:08:26 - Ordinals Controversy, Permissionless Transactions, and Miner Security Budget
00:11:11 - Security Budget Concerns and Potential Miner Manipulation Risks
00:13:48 - Fee Smoothing (CTV) and Doubts About MEV's Relevance to Bitcoin
00:15:13 - Exploring Citrea, ZK Rollups, and Trustless DeFi on Bitcoin
00:19:08 - Bitcoin's Disintermediation Goal vs. Custodial Layer 2 Solutions
00:20:50 - Starkware Airdrop, GitHub Censorship Claims, and Ordinals Filtering Debate
00:25:03 - Analyzing Luke Dash Jr., Ocean Pool, and Blockstream's Influence
00:29:57 - Blockstream's History, Funding, and Impact on Bitcoin Scaling Debate
00:33:37 - Evaluating SegWit/Taproot Complexity vs. Current Soft Fork Hurdles
00:37:23 - Discussing BIP 300 Drivechains: Concept, Implementation, and Potential
00:40:40 - Re-evaluating the Case for Bigger Bitcoin Blocks
00:44:20 - Block Size Increase Mechanisms (Soft Forks) and Future Demand Scenarios
00:48:05 - Privacy Solutions: MimbleWimble, ZK-SNARKs, and Learning from Other Chains
00:53:19 - Ignoring Real-World Usage: The Danger of Bitcoin Maximalist Echo Chambers
00:57:45 - Sponsor Message: Sideshift.ai
00:59:11 - Block Size War Fallout and the Risk of Institutional Capture
01:01:51 - Bitcoin's Future: Potential Capture vs. Seeding Future Alternatives
01:03:34 - Necessary Hard Forks vs. Closing Window for Desirable Soft Forks
01:07:35 - The Evolution of Covenant Proposals: From CTV to OP_Vault and Back
01:18:03 - Comparing Activation Prospects: CTV/CSFS vs. OP_CAT
01:20:40 - Sponsor Messages: Bitcoin.com News, NoOnes.com, Hodling.ch
01:24:27 - CTV Explained: Functionality, Use Cases (Vaults, L2s, DLCs), and Simplicity
01:27:47 - Layer 2 Unilateral Exit Problem and CTV's Congestion Control Solution
01:33:21 - CTV's Benefits for Lightning, Programmability, and Miner Revenue
01:37:30 - Will CTV/CSFS Bring Users Back? Bitcoin vs. Solana/Ethereum Niches
01:41:19 - The Security Budget Problem, On-Chain Culture, and Tail Emission Debate
01:45:40 - High Fees Fallacy, Ivory Tower Mentality, and Being Bought Off
01:49:37 - Self-Custody Challenges, Developer Frustration, and the Politics of Bitcoin Core
01:54:18 - Bitcoin as Religion/Politics, Core Developer Motivations, and Tail Emission Revisited
01:58:40 - BIP 42, Tail Emission as Inflation, and the 21 Million Cap Dilemma
02:02:21 - Analyzing the Roger Ver Case and Political Persecution in Crypto
02:10:31 - Deconstructing the "Never Sell Bitcoin" Meme and Collateralized Loans
02:13:32 - James O'Beirne's 10-Year Bitcoin Prediction (Post-CTV/CSFS)
02:17:34 - Reception to James's Big Blocks Talk at OP_Next
02:19:06 - Learning from Bitcoin Cash: Big Blocks and Covenant Implementations
02:22:33 - James O'Beirne's Current Work and Where to Follow Him
02:23:38 - Closing Remarks and Sponsor Plugs -
J-Dog is the former maintainer of Bitcoin's Counterparty protocol – a role which he fulfilled for about 8 years. Under his stewardship, XCP witnessed the creation of legendary collections such as Spells of Genesis, Rare Pepes, and Fake Rares – even my Bitcoin Heads and Leftist Tears were created when he was the lead developer and he provided some useful advice.
Today, J-Dog builds the FreeWallet.io Counterparty wallet and the TokenScan.io blockchain explorer (formerly Xchain.io). He maintains opinions which diverge from those of current maintainer Adam Krellenstein (who joined the show in S16 E14) and even claims that the Counterparty protocol was forked at block 866000.
Time stamps:
Introducing J-Dog (00:00:53)
Counterparty's Founders (00:02:13)
What is Counterparty? (00:03:19)
History of Token Platforms (00:04:24)
Creation of Dispensers (00:07:57)
The Fork Controversy (00:09:50)
User Reactions to Changes (00:12:42)
Counterparty Classic (00:13:16)
Current State of Dispensers (00:13:52)
Ongoing FUD in the Community (00:14:41)
Recent Developments (00:15:02)
Control and Development (00:16:05)
Token Scan and Exchange (00:17:25)
Counterparty's Early Challenges (00:20:55)
The use case for Bitcoin (00:23:16)
Counterparty's missed opportunity (00:23:39)
Community decision-making challenges (00:24:11)
Smart contracts and security (00:25:27)
Counterparty's innovative features (00:26:42)
Evolution of Counterparty's focus (00:27:40)
Concerns about asset transactions (00:28:19)
The evolution of meme culture (00:29:26)
Collecting Rare Pepes (00:31:03)
Geolocation-based token distribution (00:32:04)
Comparison to Pokémon Go (00:33:14)
Current projects and developments (00:35:50)
Citrea's zero-knowledge rollup (00:36:50)
Counterparty's future on Layer Two (00:37:53)
Current work and future vision (00:38:25)
Community-driven development concerns (00:43:07)
Consensus measurement in development (00:45:59)
Consensus Gathering in Counterparty (00:46:39)
Atomic Swaps Explained (00:49:42)
Adoption of New Features (00:51:33)
Counterparty vs Horizon Market (00:55:05)
Impact of Ordinals on Counterparty (00:58:16)
Integration of Ordinals with Counterparty (01:00:09)
Fallout Among Developers (01:03:21)
STAMPs vs Ordinals (01:04:34)
Concerns About UTXO Set Bloat (01:07:45)
Introduction to the UTXO Set Concerns (01:09:58)
Turning Point on Stamps (01:10:48)
Pixel Art and Compression Challenges (01:11:07)
Nihilistic Moments in Bitcoin History (01:11:47)
Innovations in Small Data Graphics (01:12:08)
Future of Interoperability Among Protocols (01:13:38)
Challenges in Ecosystem Integration (01:14:02)
Islands of Unconnected Communities (01:15:35)
Historical Significance of Bitcoin Artifacts (01:16:03)
Hope for NFT Market Revival (01:17:38)
Mixed Feelings on NFT Participation (01:18:37)
Sponsor Plug for SideShift.ai (01:20:22)
Counterparty Classic and Current Focus (01:22:55)
Counterparty's Resilience (01:23:58)
Future of Counterparty Protocol (01:24:59)
Cultural Acceptance of On-Chain Data (01:27:42)
Difference Between Counterparty Assets and Runes (01:28:18)
Valuation of Vlad Head Cards (01:29:04)
Scams in Low Liquidity Tokens (01:30:39)
Concerns Over Domain Squatting (01:31:52)
Counterparty Improvement Proposals (01:32:43)
Creating an Asset Escrow Service (01:33:44)
Resetting Asset Supply (01:34:42)
Counterparty Wallet Quirks (01:35:21)
Protocol Functionality Improvements (01:36:44)
Funding Development through Donations (01:37:31)
Betting System Revival (01:41:03)
User Feedback on FreeWallet (01:44:24)
Creating Exchange Markets (01:47:05)
Transaction Fee Issues (01:48:19)
Token Description Formatting (01:50:11)
Multi-Send Transaction Challenges (01:51:14)
User Interface Updates Needed (01:52:58)
Mobile Wallet Development (01:53:34)
Mobile Free Wallet Update (01:54:51)
Free Wallet Confusion (01:55:01)
Counterparty's Future (01:56:02)
Investment Needs for Counterparty (01:57:18)
Competing Visions for Counterparty (01:58:56)
Message to Counterparty Team (01:59:46)
Community Engagement (02:01:14)
Running a Counterparty Node (02:03:37)
Hardware Requirements (02:05:06)
Importance of Running a Node (02:06:18)
Closing Remarks (02:07:39) -
Filip Baturan is the CEO of Tanari – a decentralized finance application suite that's built on top of Citrea. With it, bitcoiners can enjoy the features and user experience from banking applications such as Revolut... but within a self-custodial and sovereign environment, where the user sets the rules.
The discussion centers around Tanari's vision to make Bitcoin more useful and replace the current financial system, contrasting it with projects that merely embed Bitcoin into existing structures. Baturan explains that Tanari aims to deliver on Bitcoin's promise of self-custody and financial system replacement, drawing inspiration from the ideal financial system rather than specific products like Revolut.
We talk about Tanari's features: including secure Bitcoin storage, spending capabilities, and integration with the Bitcoin ecosystem (Citrea, Bitcoin mainnet, Lightning Network). The platform prioritizes ease of use, employing Face ID/fingerprint authentication and social recovery methods. The interview also covers the potential for financial primitives like lending, borrowing, and Bitcoin-backed stablecoins, all within a transparent framework.
The discussion also addresses the challenges of balancing user-friendliness with privacy and security, particularly regarding usernames and potential transaction traceability. Filip Baturan emphasizes Tanari's commitment to open-source principles, sustainable business models, and integration with other Citrea applications. The interview concludes with Filip sharing his background in ZK rollups on Ethereum and his enthusiasm for building on Bitcoin with Citrea, highlighting the unique opportunities presented by this technology.
–––––––––––––––––––––––––––––
Time stamps:
00:00:53 - Introducing Filip Baturan
00:02:04 - Tanari's Origin and Citrea
00:05:30 - Ease of Use and Recovery Methods
00:08:20 - Tanari's Features
00:11:04 - Open Sourcing and Fees
00:12:19 - Citrea Integration and Usernames
00:15:24 - On-Chain Interoperability
00:17:19 - Lightning Network Integration
00:19:02 - Business Solutions and Competitive Advantages
00:21:22 - Custody and Decentralization
00:24:48 - Reputation and Social Media Integration
00:29:22 - Filip's Background
00:37:53 - Scalability and Settlement Time
00:41:44 - Trade-offs and Self-Ownership
00:48:00 - Swapping Services
00:51:46 - Future of Bitcoin and Tanari
01:02:10 - Tanari's Name and Meaning -
Felix Billbert is the Chief Maximalist at Wave Space: a European company which specializes in making bitcoin easy to spend. They offer a Visa debit card, a swapping service for BTC/EUR pair, Lightning network support... all of which is wrapped inside a non-custodial environment.
The conversation explores the challenges of building a Bitcoin business in Europe, particularly navigating regulations like MiCA. Felix explains how Wave Space partners with a licensed entity to handle KYC/AML compliance, including the complexities of verifying the source of funds for Lightning Network transactions. The discussion touches on the competitive landscape, comparing Wave Space to services like Relai, and highlighting its focus on enabling Bitcoin spending and future plans for Bitcoin-backed loans.
The podcast delves into the philosophical aspects of Bitcoin adoption, addressing the "never sell" ethos and the role of fiat currency in the Bitcoin ecosystem. Felix emphasizes Wave Space's goal of bridging the gap between traditional finance and Bitcoin, providing users with the tools they need to participate in both worlds. The conversation concludes with a discussion on the importance of self-custody, the potential impact of a European CBDC, and the need for innovation and collaboration within the Bitcoin community.
Time stamps:
Introduction and Sponsors - [00:00:50]
Wave Space Introduction - [00:01:42]
Lightning Network Integration - [00:03:25]
Regulatory Environment in Europe (MiCA) - [00:04:06]
MiCA and Lightning Network Accounting - [00:05:02]
Wave Space's Business Model - [00:09:50]
Wave Space vs. Relai and Other Exchanges - [00:11:07]
KYC Process on Wave Space - [00:14:34]
Bitcoin Economy and Debit Cards - [00:21:10]
SEPA Instant and CBDC - [00:26:46]
Room 77 and Bitcoin ATMs - [00:34:12]
Bitcoin and Politics - [00:35:58]
Wave Space's Business Model and "Never Sell" Bitcoin - [00:41:12]
Black Market vs. White Market - [00:50:01]
Discussion on Sponsors - [00:52:12]
Layer 2 Labs and Drivechains - [00:52:27]
ZK Rollups and Citrea - [00:54:47]
EUACC and European Startup Ecosystem - [01:05:35]
NoOne's and Peer-to-Peer Marketplace - [01:08:31]
Hodling and Self-Custody Consulting - [01:10:21]
Euro Stablecoins - [01:11:23]
Sideshift and Swapping - [01:14:23]
In-Game Economies and NFTs - [01:17:24]
Scams and Innovation in Crypto - [01:26:22]
Trading vs. Investing - [01:31:12]
Backup Plans if Bitcoin Fails - [01:32:18]
Bitcoin.com News - [01:33:47]
Conclusion and Contact Information - [01:35:12] -
In 2014, Daniel Krawisz was one of the most prolific Bitcoin writers: he published some excellent articles with the Nakamoto Institute, and most of them are still relevant. Today, he prefers BSV and believes that Craig Wright is Satoshi. What changed?
Time stamps:
Time stamps:
00:00:50 - Introducing Daniel Krawisz
00:02:40 - Bitcoin Takeover
00:05:30 - Scaling Bitcoin
00:09:30 - Soft Forks vs. Hard Forks
00:14:10 - Running a Bitcoin Node and Privacy
00:18:10 - Verifying Transactions
00:20:00 - Miner Centralization
00:24:40 - Bitcoin Core Ideology
00:29:00 - Fungibility
00:30:30 - Ross Ulbricht
00:38:55 - Bitcoin's Competitive Advantage
00:44:00 - Bitcoin and Legality
00:48:50 - Sound Money and Friendship
00:50:40 - Satoshi Nakamoto's Identity
00:57:20 - Craig Wright's Teachings
01:00:40 - Leaving the Nakamoto Institute
01:03:40 - Investors vs. Entrepreneurs
01:06:00 - The Nature of Bitcoin
01:12:15 - Bitcoin's Value
01:14:40 - Market Efficiency
01:16:20 - Bitcoin vs. Gold
01:21:15 - BSV Adoption
01:24:00 - BSV's Success Metrics
01:28:20 - Hash Rate and Miner Incentives
01:30:30 - Market Efficiency and Truth
01:33:55 - BSV's Future
01:37:00 - BSV vs. BCH
01:40:10 - Mempool
01:42:40 - BSV Mining and Jurisdictions
01:46:45 - BSV vs. CBDC
01:52:35 - Privacy and Mixing in BSV
02:00:03 - Security and Probabilistic Thinking
02:01:21 - Capitalism, Monopoly, and BSV
02:05:01 - Central Bank Digital Currencies (CBDCs) and BSV
02:07:28 - BSV's Role and Traceability
02:08:14 - Traceable vs. Non-Traceable Money
02:08:54 - Anarcho-Capitalism and Private Services
02:15:07 - Cypherpunk Literature and Privacy vs. Compliance
02:18:12 - Anonymity, Privacy, and Traceability in BSV
02:24:49 - Layer 2 Solutions and Scalability
02:32:35 - Narcissism
02:42:46 - Narcissism and Financial Scammers
02:48:14 - Avoiding Cults and Narcissistic Relationships
02:52:23 - Benefiting from Narcissistic Relationships
02:53:13 - Narcissists in Bitcoin/Crypto
02:54:37 - Relationship with Nakamoto Institute
03:00:14 - Appreciation and Book Recommendations
03:00:48 - Hayao Miyazaki and Narcissism
03:04:40 - Current Reading List
03:39:20 - Stance on 2017 Block Size Wars
03:40:45 - Book Project Idea
03:47:04 - Plato, Socrates, and Propaganda
03:53:07 - Diogenes and Libertarianism
03:55:15 - Final Book Recommendations
04:00:01 - Narcissism and Self-Awareness
04:00:40 - Denouncement of Litecoin, Dogecoin, and Ethereum
04:01:17 - Competition Between Monies
04:02:55 - Changes in the Bitcoin Space
04:04:40 - New Altcoins and Tokens
04:04:54 - Bitcoin Year One Manga
04:05:29 - Podcast Invitation and Appreciation
04:09:08 - Sponsors -
Privacy has had a couple of rough years: companies & protocols shut down, developers got arrested, governments issued new regulations... regardless, Rockstar Dev & Max Hillebrand join the show to discuss privacy & open source tools for sovereignty.
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Ben Arc is the creator of LNBits: a modular Lightning network wallet which, after 5 years of development, has just launched version 1. To celebrate this remarkable milestone, ”the CEO of Nostr” joins the show to talk about everything interesting in Bitcoin.
Time stamps:
00:00:53 - Introducing Ben Arc
00:01:08 - Ben Arc and LNBits V1
00:02:23 - LNBits beta version and V1 release
00:02:36 - Amir Taaki's Post-Syria Experience
00:03:08 - Rojava and Anarcho-Syndicalism
00:04:08 - LNBits development timeline
00:05:16 - Early stages of LNBits and Lightning
00:05:33 - Disillusionment in Bitcoin Space
00:07:20 - Stepan Snigirev and Specter DIY
00:08:11 - Modularity and extensions in LNBits
00:08:38 - Nostr and Bitcoin's Future
00:09:04 - Bear Market and Bitcoin's Value
00:10:00 - LNBits API and extensions
00:11:10 - LNBits as a sandbox for innovation
00:11:24 - Trump, Memecoins, and Market Downturn
00:12:31 - LNBits V1 new features and improvements
00:13:18 - Desired Bitcoin Adoption
00:14:12 - Dogecoin and Market Desensitization
00:15:09 - Bitcoin's Correlation with Stocks
00:16:26 - Bitcoin's Utility and Bear Market
00:17:41 - LNBits Investment and Thunderfunder
00:19:12 - Bear Market Camaraderie and Future
00:20:29 - Bitcoin's Humble Beginnings
00:22:20 - Dan Kaminsky and Len Sassaman
00:23:38 - LNBits security and real-world testing
00:23:51 - Satoshi's Anonymity Strategy
00:25:35 - John Nash and Satoshi Candidates
00:28:00 - Building extensions and ease of use
00:29:32 - Nick Szabo's Coding Abilities
00:30:34 - 600 Billion Meme Origin
00:34:34 - Hardware Wallets from AliExpress
00:39:09 - State of Lightning and future outlook
00:39:33 - Ledger Leaks and Supply Chain Attacks
00:41:42 - Trezor Security and Multisig
00:44:35 - Fiatjaf and Nostr
00:46:46 - Liquid Network Utility
00:51:51 - Nostr and IoT applications
00:52:48 - Lightning Network and Cross-Chain Swaps
00:55:48 - Bitcoin as digital gold and speculation
00:57:05 - Blockstream, Sidechains, and Federations
00:58:22 - Ideal money and Bitcoin's role
01:00:03 - Luke Dash Jr and Bitcoin Knots
01:00:47 - Layer 2s
01:03:15 - ZK-rollups
01:07:40 - Competition and collaboration in Bitcoin
01:07:58 - SegWit2x and BIP Bureaucracy
01:10:57 - Ecash and Cashu's development
01:11:11 - OpenTimestamps and Simple Proof
01:16:13 - Future Bullish Narratives for Bitcoin
01:17:29 - Improving Lightning Network design
01:22:43 - LNBits journey and future vision
01:25:08 - Businesses giving up on Lightning
01:30:01 - Node solutions and Raspberry Pi
01:34:54 - Zapstream and value-for-value content
01:37:05 - LNBits in five years
01:42:17 - Getting started with LNBits V1
01:46:33 - LNBits shop and hardware projects
02:00:00 - Nostr signing device
02:02:03 - Public key cryptography's importance
02:03:40 - Supporting LNBits and Nostr
02:05:05 - Nostr identity provider services
02:08:53 - Nostr's independence from blockchains
02:11:53 - Melvin Carvalho and Bitcoin community
02:14:02 - Nostr's Bitcoin echo chamber
02:17:03 - Nostr client discussion
02:18:26 - Elon Musk and politics
02:21:33 - Anarchism and private capital
02:30:31 - Roger Ver and taxation
02:37:05 - Bitcoin block size debate
02:41:13 - Bitcoin as medium of exchange
02:54:30 - Turkish Lira and the blind drummer
02:57:03 - Lightning Network's early days
03:05:05 - Strike and other Lightning companies
03:12:23 - Digicash and online payments
03:13:47 - Online identity and privacy
03:18:34 - Coinjoining and fungibility
03:22:13 - Privacy coins and Zcash
03:29:12 - Nostr, disinformation, and Phil Zimmerman
03:44:04 - Nostr growth and adoption
03:47:22 - Nostr applications and user growth
04:00:41 - Nostr Identity Purchases
04:05:27 - Private Key Backup Methods
04:06:41 - Nostr Development and Features
04:09:13 - Mallorca Blockchain Days
04:10:02 - Early Bitcoin Development
04:11:54 - Bitcoin & Nostr Adoption in Japan
04:15:28 - Nostr Conference Experiences
04:16:08 - Upcoming Conference Attendance
04:18:44 - Paralelni Polis Closure
04:20:25 - Room 77 Closure
04:21:14 - Early Bitcoin Wallets
04:24:20 - Early Bitcoin Figures
04:26:03 - Nokia N900 & LG Prada
04:28:36 - Ethereum and LocalBitcoins Origins
04:29:05 - Decline of Bitcoin Meetups
04:30:41 - Michael Saylor's Hope.com
04:38:05 - Saifedean plagiarized Dominic Frisby
04:41:14 - Saylor's Economic Views
04:45:35 - Consumerism and Planned Obsolescence
04:51:36 - Global Power Shifts and China
04:57:11 - European Union CBDC
05:03:04 - Cypherpunk Dream and Cryptography
05:06:03 - Politicians Using AI
05:15:24 - Bitcoin's Future and Replacements
05:20:44 - Bitcoin and Altcoin Development
05:24:41 - Lightning Network Importance
05:28:03 - Quantum Computing and Hard Forks
05:34:46 - Bitcoin in Suriname
05:42:09 - Secret Word -
Andreas Brekken is best known for creating SideShift.ai and acting as the CEO of Shitcoin.com. In this episode, he talks about his views on Bitcoin development, the emergence of DeFi, and the reasons why he considers cryptocurrencies superior to fiat.
Time stamps:
Introducing Andreas Brekken (00:00:51)
The Sam Bankman-Fried Interview on Shitcoin.com (00:01:50)
Clustering Analysis and Customer Funds (00:02:44)
Bybit's Technical Issues (00:05:18)
Historical Context of Exchanges (00:09:26)
Shapeshift's KYC Moment (00:11:13)
Why Aren’t Zcash and Monero on SideShift? (00:14:59)
Bitcoin Cash Hard Forks (00:20:45)
Lightning Network Integration (00:22:23)
Vulnerabilities in the Lightning Protocol (00:26:17)
Critique of Lightning Network's Design (00:28:29)
Submarine Swaps (00:29:28)
LNBits v1 Launch (00:29:44)
Lightning Wallets (00:30:19)
LNBits is like Start9? (00:30:40)
Andreas Brekken’s Lightning Network Experience (00:31:15)
Even Martti Malmi Is Using Wallet of Satoshi (00:31:37)
Zcash Protocol (00:32:11)
Bitcoin Variants on SideShift (00:32:26)
Decentralized Finance (DeFi) on Ethereum (00:34:00)
Citrea Project (00:35:26)
Multisig Solutions (00:36:30)
Automation in Bitcoin (00:41:18)
Political Dynamics in Bitcoin Development (00:47:15)
News Coverage on Bitcoin.com (00:51:27)
Bitcoin Volatility and Performance Against Stonks (00:53:14)
Peter Schiff Appreciation Era (00:55:42)
Peter Schiff’s Debates with Erik Voorhees (00:56:23)
Bitcoin's Growing Influence (00:58:15)
Future of Bitcoin (00:59:15)
Layer Two Labs and Drive Chains (01:00:34)
Innovation in Bitcoin (01:02:05)
Convenience of Layer Two Solutions (01:02:51)
Decred Discussion (01:09:53)
Favorite Shitcoins (01:11:49)
Subscribe to the shitcoin.com Newsletter? (01:16:31) -
Marko Tarman has been mining Bitcoin since 2012 – and today, he works as Lead Mining Manager at NiceHash. In this episode, we talk about the current trends in Proof of Work mining and the commodification of hash rate.
-
Adam Krellenstein is one of the co-founders of Counterparty and the current maintainer of the protocol. In this episode, he talks about his plan to improve Bitcoin native tokens and why you should consider giving XCP a chance.
Time stamps:
Introducing Adam Krellenstein (00:00:50)
Counterparty’s Unique Features (00:01:30)
Historical Significance of Counterparty (00:02:09)
Comparison with Mastercoin/Omni (00:03:19)
The Birth of Bitcoin Maximalism (00:04:48)
Vitalik’s Influence and Ethereum (00:08:43)
Pushback from Bitcoin Core Developers (00:09:16)
Concerns about Data Storage on Bitcoin (00:10:36)
Counterparty Software and Decentralization (00:12:51)
Art and NFTs in Counterparty (00:14:51)
Airdrop Announcement (00:14:24)
Off-Chain Data Storage Challenges (00:16:00)
Counterparty’s Original Vision (00:18:19)
The Popularity of Digital Art (00:18:51)
The Role of Digitally Native Assets (00:19:32)
Article about Counterparty on Bitcoin Takeover Website (00:21:08)
The Role of Bitcoin in Counterparty (00:22:30)
Decentralization of Counterparty Launch (00:23:12)
XCP Token Creation and Burning Mechanism (00:24:27)
Value Creation vs. Destruction (00:26:00)
Onboarding Users with Dispensers (00:29:41)
Counterparty’s Development History (00:31:01)
Challenges in Running Counterparty Nodes (00:35:30)
Counterparty 2.0 and Ledger Fork? (00:39:17)
Community Dynamics and Development (00:41:00)
Future of Smart Contracts on Counterparty (00:42:58)
Counterparty Ecosystem Health (00:43:46)
Atomic Swaps Feature (00:44:18)
Layer Two Proposals (00:45:18)
Comparison with Ordinals & BRC20 (00:47:44)
Counterparty’s Functional Advantages (00:48:30)
Sponsors (00:49:29)
Expectations at Launch (00:52:31)
Future of Counterparty (00:53:39)
Cultural Shifts in Bitcoin (00:55:23)
Collaboration with Ordinals (00:58:54)
Differences Between Runes and Counterparty (01:00:09)
Encoding Data in Bitcoin Transactions (01:01:07)
Future Improvements for Counterparty (01:03:11)
Community Dynamics (01:03:58)
Counterparty Wallet Development (01:05:36)
Bitcoin Head Cards (01:07:04)
Community Engagement and Nostalgia (01:08:29)
Bitcoin’s Security Budget (01:09:21)
Transaction Fees and Counterparty (01:10:33)
Recommended Counterparty Wallets (01:11:30)
Data Storage on Bitcoin (01:12:32)
Ecosystem and Community Reception (01:15:08)
Pepe Cash and Market Trends (01:16:45)
Current Developments in Counterparty (01:18:10)
Counterparty Roadmap (01:21:14)
Use Cases of Counterparty (01:23:35)
Stablecoin Possibilities (01:24:30)
Can Bitcoin Privacy Kill Counterparty? (01:25:38)
Counterparty’s Resilience (01:26:26)
Discussion on Counterparty’s Usage (01:26:46)
Closing Remarks and Where to Follow Adam Krellenstein (01:27:02)
Counterparty Communication Channels (01:27:18)
Airdrop Announcement (01:27:46)
Shoutout to Chris Derose (01:28:25) -
Corbin Fraser is the new CEO of Bitcoin.com. In this episode, he talks about the Scaling Wars, his perspective as a BCH advocate, and the lessons the market taught him over the years. Also, he explains why the news section of Bitcoin.com improved.
Introducing Corbin Fraser (00:00:50)
Bitcoin.com’s Evolution (00:01:52)
Support for Multiple Cryptocurrencies (00:03:05)
Challenges of Tribalism in Crypto (00:06:51)
Origins of Bitcoin Cash (00:09:07)
The Scaling Wars (00:12:14)
Misconceptions About BCH Leadership (00:15:23)
The Meme Warfare (00:18:31)
Promoting Token Swaps (00:20:09)
Bitcoin.com News and Geopolitics (00:21:16)
Respect for Peter Schiff (00:22:01)
Occupy Wall Street Insights (00:22:12)
Bitcoin Cash vs Bitcoin Debate (00:24:25)
Vitalik's Perspective on Forks (00:25:04)
Nomenclature and Propaganda (00:26:17)
Cola Wars Analogy (00:28:31)
Future of Bitcoin Block Size (00:29:56)
Lightning Network Adoption Challenges (00:30:04)
Alternative Layer 2 Solutions (00:31:27)
Lightning Network's Technical Limits (00:32:33)
Bitcoin SV and Centralization Concerns (00:33:42)
Impact of Community Divisions (00:34:44)
Chaos of Forks in 2017 (00:36:58)
Bitcoin.com’s Business Approach (00:40:04)
Lightning Network Whitepaper Block Size (00:41:06)
Discussion on AI and Block Size (00:42:39)
Satoshi's Misjudgments (00:43:46)
Censorship and Community Chaos (00:45:34)
Personal Losses During the Block Size Wars (00:47:08)
Bitcoin Cash's Price Surge to $3000 (00:47:38)
Miner Hesitation (00:48:30)
Current Features of BCH (00:51:55)
Emergence of Cash Tokens & Failure of SLP (00:56:02)
Building on UTXO (01:00:18)
Ethereum's Rise Post-Scaling Wars (01:02:10)
SushiSwap & DeFi Summer (01:03:53)
Vampire Liquidity Attack (01:05:08)
Speculation Around Chef Nomi (01:06:27)
Development of Aave & Compound (01:07:30)
Community Dynamics in BCH (01:08:32)
Debate on Development Tax (01:09:43)
Amaury Sechet's Influence and Community Split (01:10:14)
Forking and Community Fragmentation (01:12:12)
Transition to Ethereum and DeFi (01:14:39)
The Role of Multi-Chain Strategies (01:19:12)
Privacy and Zano (01:20:41)
Operational Security and Privacy in Crypto (01:23:09)
Government Regulation and Crypto Development (01:24:31)
Zano’s Hybrid PoW/PoS Consensus (01:25:56)
Fact-Checking from Bitcoin Cash Podcast (01:27:13)
Bitcoin Cash Upgrade Schedule (01:28:14)
Twitter Spaces Collaboration (01:28:47)
Privacy Solutions in BCH (01:29:29)
Mike Hearn's Prediction on Forks (01:30:05)
Misleading Media Influence (01:30:57)
Dollar Cost Averaging Strategy (01:31:50)
Self-Custody Solutions (01:32:02)
Ownership of Bitcoin.com (01:33:54)
Roger Ver's Contributions (01:34:22)
Support for Roger Ver (01:36:25)
Government's Stance on Crypto (01:38:47)
Reading Roger's Defense (01:39:59)
Misinterpretations of Roger's Position (01:41:08)
Evolution of Roger Ver's Views (01:42:31)
Market Humbling Experiences (01:42:54)
Elon Musk's Influence (01:43:37)
Current Crypto Market Sentiment (01:45:01)
Celebrity Influence on Crypto (01:46:05)
Kanye West's Coin Speculation (01:47:01)
Kanye's Meme Coin Ventures (01:48:05)
The Decline of Meme Coin Interest (01:49:16)
Overvaluation in Crypto Projects (01:50:50)
Block Size Wars Reflection (01:51:48)
State Actors and Bitcoin's Challenges (01:52:51)
Blockstream's Business Struggles (01:54:41)
Developer Commitment and Innovation (01:56:34)
Stablecoins vs. Bitcoin Adoption (02:00:05)
Future of Stablecoins and CBDCs (02:01:33)
Block Size Debate and Social Consensus (02:04:08)
George Hotz's Perspective on Innovation (02:06:48)
Ethereum's Rapid Development (02:09:07)
Ethereum's Challenges (02:11:29)
Bitcoin's Cautious Approach (02:12:05)
Testing Protocols (02:13:15)
User Education on Risks (02:15:35)
Brock Pierce's Influence (02:16:21)
Community Engagement (02:18:17)
Listing Criteria for New Coin on Bitcoin dot com Wallet (02:20:34)
Integration of Privacy Coins (02:22:58)
Zano's Potential (02:24:01)
User Confusion with Bitcoin Domains (02:28:21)
BSV Integration Decision (02:30:36)
Balanced News Coverage (02:32:04)
Introduction to New Developments (02:33:07)
Embracing a Broader Crypto Perspective (02:34:05)
Closing Remarks (02:34:46)
Final Thoughts and Future Plans (02:35:03) - Vis mere