Decentralized cryptocurrency
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KeywordsBitcoin, decentralization, mining, OpReturn, governance, user participation, blockchain, cryptocurrency, Bitcoin Core, community engagementSummaryIn this conversation, Shaun Dunn, Luke, and Bob discuss the evolving landscape of Bitcoin, focusing on governance, the role of miners, and the implications of changes like OpReturn. They emphasize the importance of user participation and the need for education within the Bitcoin community. The discussion highlights the challenges of centralization in mining and the responsibility of participants to engage actively in the ecosystem.TakeawaysBitcoin is experiencing a critical moment in its history.The governance of Bitcoin involves complex processes and decisions.Miners and nodes play a crucial role in Bitcoin's future.Decentralization in mining is essential to prevent censorship.User participation is vital for the health of the Bitcoin network.OpReturn has sparked significant controversy within the community.Defining spam is crucial to maintaining Bitcoin's integrity.Education is necessary for new entrants to understand Bitcoin.The community must engage actively to shape Bitcoin's future.The participatory nature of Bitcoin distinguishes it from traditional investments.Chapters00:00 Introduction to Bitcoin Summit and Current Events04:17 The Evolution of Bitcoin's Code and Governance10:16 The Role of Miners and User Responsibility16:09 Cultural and Technical Perspectives on Bitcoin22:13 Historical Context and Future Implications28:30 Final Thoughts and Community Engagement
Stephan and Antoine discuss the complexities surrounding Bitcoin's OP_RETURN functionality and the ongoing debate about spam filtering on the Bitcoin network. They explore the implications of consensus rules, standardness, and the historical context of these discussions. Antoine provides insights into the motivations behind changes in Bitcoin Core's policies and the potential future of Bitcoin as both a currency and a data storage solution. The conversation highlights the urgency of addressing OP_RETURN issues while also considering the broader implications of spam filtering and its impact on Bitcoin's usability and miner centralization. The conversation also touches upon the growth of the UTXO set, the challenges of managing spam, and the philosophical differences between Bitcoin Core and alternative implementations. Takeaways
Its been a while since Bitcoiners had something to fight about!Check out the BitBox02 Hardware Wallet Go to https://www.bitbox.swiss/bitcoinmadesimple use the promo code "bitcoinmadesimple" to get 5% off standard products.BitBox wants to hear from you! Take the survey and help them learn more about what you want in a hardware wallet: https://bitbox.typeform.com/to/VF1DNK4
On this episode of Hell Money, we're locking in on final updates before we take over Las Vegas, Nevada. We're auctioning the first piece from FUN!, the debut collection by Casey Rodarmor and Parker Day, and showing why Bitcoin-native auction tech beats the grift of legacy art houses.We explore:- Why Sotheby's and Christie's can't compete with Bitcoin builders- Launching Megalith.art, the first Ordinals + Bitcoin-native auction platform- The debut piece from FUN! by Casey + Parker- How to use Ordinals Satscards for in-person trading of inscriptions, runes, and more- The OP_RETURN drama: Bitcoin podcasters vs. Bitcoin Core devsGet bonus content by subscribing to @hellmoneypod on X: https://x.com/hellmoneypod/creator-subscriptions/subscribeOr support the podcast by sending a BTC donation: bc1qztncp7lmcxdgude4px2vzh72p2yu2aud0eyzys 10% OFF INSCRIBING VEGAS: https://pretix.eu/inscribing/vegas/redeem?voucher=HELLMONEY10% OFF BITCOIN 2025: https://tickets.b.tc/code/inscribing/event/bitcoin-2025ORDINALS PROTOCOL SHIRT: https://shop.inscribing.com/products/ordinals-protocol-shirtTIMESTAMPS:0:00 Intro and Inscribing Vegas9:12 Megalith.art auction of FUN!27:50 Ordinals Satscards32:00 Ordinals Satscard tutorial42:15 OP_RETURN drama57:00 Outro
Subscribe to the podcastWe bring Heavily Armed Clown back to the show to talk about how people are overreacting in a very dangerous way for themselves over the OP_RETURN debate. What are the problems with switching to Knots and what might an attack in the form of a chain fork look like?Heavily Armed Clown on TwitterHeavily Armed Clown explains the OP_RETURN issueLearn about Bitcoin at a trickleBitcoinTrickle.comSponsorLiberty MugsKeep in touch with us everywhere you areJoin our Telegram groupLike us on FacebookFollow us on Twitter: @libertymugs (Rollo), @Slappy_Jones_2Check us out on PatreonLearn everything you need to know about Bitcoin in just 10 hours10HoursofBitcoin.comPodcast version
58 crypto wallets have made millions on Trumpcoin while 764,000 have lost moneyFEATURING:Ben Arc (https://twitter.com/Arcbtc)Victoria Jones (https://twitter.com/satoshis_page)Thomas Hunt (https://twitter.com/MadBitcoins)THIS WEEK: Since when does bitcoin acquiesce to flash in the pan business models ?https://twitter.com/djbooth007/status/1919517956398252118?s=46Source: Twitter/XRemoving Bitcoin's Guardrailshttps://blog.bitmex.com/removing-bitcoins-guardrails/Source: Blog BitmexOP_RETURN shitcoinery intensifies. To do this, these folks need to both find AND pay miners willing to mine these shitcoin transactions. https://twitter.com/fractalencrypt/status/1920139895164613040?s=46Source: Twitter/XOP_RETURN debate is novel due to how factions are split.1) Ruthlessly rational technical folks who understand the dynamics of the network and don't want to play unending subjective games.2) Ideological folks upset by how others use the network who want to play those games.https://twitter.com/lopp/status/1920474177930195408?s=46A quiet change in Bitcoin Core just blew open a years-long battle.https://twitter.com/simpleminingio/status/1920172025072791814?s=46Source: Twitter/XIs Bitcoin about to go parabolic? BTC price targets include $160K nexthttps://cointelegraph.com/news/is-bitcoin-about-to-parabolic-btc-price-160k-nextSource: Cointelegraph$45 million stolen from Coinbase users in the last week — ZachXBThttps://cointelegraph.com/news/45-million-stolen-coinbase-users-last-week-zack-xbtSource: CointelegraphTrump crypto adviser David Bailey raises $300M for Bitcoin investment firmhttps://cointelegraph.com/news/trump-advisor-david-bailey-nakamoto-bitcoin-fundSource: CointelegraphPump.fun Hits Back at Report That Claimed 98% of Memecoins on the Platform Are Fraudulenthttps://www.coindesk.com/business/2025/05/07/98-of-tokens-on-pump-fun-have-been-rug-pulls-or-an-act-of-fraud-new-report-saysSource: CoindeskJUST IN:
Bitcoin developers are clashing over relaxing OP_RETURN limits. This technical debate about arbitrary data on Bitcoin has sparked divisions about what constitutes "spam" and revealed tensions between Bitcoin Core devs and those seeking a "purer" Bitcoin experience.You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 12,000 Bitcoiners: https://newsletter.blockspacemedia.comWhat started as a technical proposal has exploded into community division, with accusations of "destroying Bitcoin" flying around. The hosts break down what OP_RETURN is, why some devs want to increase its size limit, and why others view it as enabling "spam" on the blockchain. At its core, this fight reveals deeper tensions about who controls Bitcoin's future and what the network should be used for.Notes:- OP_RETURN limit currently set at 83 bytes- Proposal would increase limit to ~1 megabyte- 30-45% of Bitcoin transactions are "non-financial"- Bitcoin Knots node usage has grown to 7-8%- Out-of-band transactions bypass node relay- Core devs facing diminished community trustTimestamps:00:00:00:00 Start00:00:36:16 Why's everyone so mad?00:02:04:14 Claim your bias00:04:00:03 The backstory00:08:27:09 Changing the OP_RETRUN limit00:11:24:06 Post to relax the limit00:15:39:23 Out of Band payment00:17:39:06 Standard vs valid consensus00:19:52:29 What is spam?00:28:41:05 Arch Network00:29:13:14 Cons of increasing the limit00:32:34:25 That's too "woke" bro!00:35:56:27 Knots-
This week on Dee Weekly we unpack the OCC's surprise green-light for U.S. banks, Ethereum's freshly-activated Pectra upgrade, a Bitcoin Core overhaul, and adoption moves from Morgan Stanley, Visa, and PayPal—all while BTC flirts with $103 K and ETH rockets 29 %. Stay ahead of the market with concise analysis across regulation, global policy, tech breakthroughs, price action, and real-world adoption.Links to All Articles MentionedOCC clarifies bank authority to engage in crypto custody — https://www.occ.gov/news-issuances/news-releases/2025/nr-occ-2025-42.htmlU.S. House schedules FIT21 market-structure vote — https://www.bhfs.com/insights/alerts-articles/2024/house-passes-landmark-crypto-billESMA issues MiCA market-abuse guidelines — https://www.esma.europa.eu/sites/default/files/2025-04/ESMA75-453128700-1408_Final_Report_MiCA_Guidelines_on_prevention_and_detection_of_market_abuse.pdfNexus Global Payments launch (Project Nexus) — https://fintechnews.sg/109698/payments/nexus-global-payments/Ethereum Pectra upgrade activated — https://www.coindesk.com/tech/2025/05/07/ethereum-activates-pectra-upgrade-raising-max-stake-to-2048-ethBitcoin Core 27.0 release notes — https://bitcoincore.org/en/releases/27.0/Solana Firedancer testnet hits 1 M TPS — https://nexo.com/blog/solana-firedancerBitcoin reclaims $100 K — https://www.investopedia.com/watch-these-bitcoin-price-levels-as-cryptocurrency-reclaims-usd100k-level-11731488BTC price data — https://finance.yahoo.com/quote/BTC%3DF/history/ETH price data — https://finance.yahoo.com/quote/ETH%3DF/history/SOL price data — https://finance.yahoo.com/quote/SOL-USD/history/Morgan Stanley to add crypto trading to E*Trade — https://www.bloomberg.com/news/articles/2025-05-01/morgan-stanley-plans-to-offer-crypto-trading-to-e-trade-clientsVisa invests in BVNK and expands USDC settlement — https://bvnk.com/blog/visa-invests-in-bvnkCoinbase × PayPal integrate fee-free PYUSD — https://www.coinbase.com/blog/coinbase-and-paypal-to-advance-stablecoin-paymentsLinks:HIO Discord: https://discord.gg/Mq6TUHv4Codex Discord: https://discord.gg/ChK3ew3AWaku Discord: https://discord.gg/UADwEA64Status Discord: https://discord.gg/cWTjmjNKLogos Discord: https://discord.gg/SrtQBha3Website: https://Thebitcoinpodcast.com
The Bitcoin Infinity Show is going live! We will cover topical subjects and pressing issues with guests throughout the Bitcoin space. Our first guest is Samson Mow, and we will be covering the Bitcoin Core and OP_RETURN drama. Samson is one of the most knowledgeable figures on the topic, and as a veteran of the Blocksize wars, he has some lessons that are worth remembering from that fight. The Bitcoin Infinity Live Show is a new weekly show where Knut Svanholm and Luke de Wolf tackle topical issues in Bitcoin, often with some of the top figures in the space. Connect with Samson: https://x.com/Excellion Connect with Us: https://www.bitcoininfinityshow.com/ https://bitcoininfinitystore.com https://primal.net/infinity https://primal.net/knut https://primal.net/luke https://twitter.com/BtcInfinityShow https://twitter.com/knutsvanholm https://twitter.com/lukedewolf Join the Bitcoin Infinity Academy at our Geyser page: https://geyser.fund/project/infinity You can also support us by sending some sats to our Alby Hub at bitcoininfinity@getalby.com
The Canadian Bitcoiners Podcast - Bitcoin News With a Canadian Spin
FRIENDS AND ENEMIESMrRGnome makes another appearance on the CBP. He is a former mod the the Bitcoin subreddit, current mod of the Bitcoin channel on Discord, and Bitcoin Maxi. He will hopefully help make sense of what is going on with the OP_RETURN Drama in Bitcoin Core.#Bitcoin #BTC #Investing #finance #opreturn #BitcoinCore #BitcoinKnotsJoin us for some QUALITY Bitcoin and economics talk, with a Canadian focus, every Monday at 7 PM EST. From a couple of Canucks who like to talk about how Bitcoin will impact Canada. As always, none of the info is financial advice. Website: www.CanadianBitcoiners.comDiscord: / discord A part of the CBP Media Network: www.twitter.com/CBPMediaNetwork
Mark “Murch” Erhardt and Sjors Provoost discuss Newsletter #352.News● Comparison of cluster linearization techniques (0:41) ● Increasing or removing Bitcoin Core's `OP_RETURN` size limit (6:46) Releases and release candidates● LND 0.19.0-beta.rc3 (1:01:16) Notable code and documentation changes● Bitcoin Core #31250 (1:02:10) ● Eclair #3064 (1:06:02) ● BTCPay Server #6684 (1:07:46) ● BIPs #1555 (1:10:34)
Aaron and Sjors discuss the proposal to remove the OP_RETURN limit from Bitcoin Core.This episode's sponsor: CoinKite, maker of the ColdCard.Aaron's Nostr: npub1art8cs66ffvnqns5zs5qa9fwlctmusj5lj38j94lv0ulw0j54wjqhpm0w5Sjors' Nostr: nprofile1qyvhwumn8ghj7mn0wd68ytnnwpex7an0daehgtnwdshsqgyxsh477ejn8rwkjv0zen0ncxwe7rj6zpnujx8j9ecgrsj43786lqyul0f2
Udi Wertheimer discusses Bitcoin Core's controversial OP_RETURN changes, mounting community backlash, and why Core developers are losing social capital with Bitcoiners over technical decisions they can't properly communicate.You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 7,000 Bitcoiners: https://newsletter.blockspacemedia.comUdi Wertheimer, co-founder of the Taproot Wizards and famous Bitcoin provocateur, joins us to talk about the explosive OP_RETURN debate dividing the Bitcoin community. We dive deep into why Bitcoin Core developers are facing unprecedented backlash, how they've lost touch with newer Bitcoiners, and what Greg Maxwell's sudden reappearance signals about Core's weakening position. Udi offers surprising insights on both sides and proposes solutions for rebuilding trust between developers and the community.Follow our guests: @udiwertheimer**Notes:**• OP_RETURN controversy spans over a decade• Greg Maxwell returns after years of silence• Core devs disconnected from 5+ year Bitcoiners• ~50 readers engage with Bitcoin OpTech weekly• 6-month delay suggested for PR merge• JPEGs benefit from controversy attentionTimestamps:00:00 Start03:08 OP_RETURN Debate Summary10:21 SPAM on Bitcoin17:17 Is this a Core blunder?27:26 How SHOULD Core do?34:42 What if Core doesn't communicate better?37:38 What does a pleb do?-
Un nuevo cambio en Bitcoin Core parece poner en jaque todo lo construido hasta ahora… pero, ¿es realmente así? ¿Es tan radical y amenazante lo que se propone?En el pod de hoy, grabado en directo y con vuestras preguntas, me siento a charlar con Sergi Delgado, desarrollador de Bitcoin Core, que me cuenta TODO lo que necesitas saber para entender bien lo que está pasando —y de paso, aprender mucho bitcoin por el camino.LINKS:X de Sergi: https://x.com/sr_giPR de la discordia: https://github.com/bitcoin/bitcoin/pull/32359#issuecomment-2835467933Recibe el podcast en tu correo. Únete!
For years, Bitcoin was tamed — declawed, defanged, and made palatable to Wall Street and regulators. But behind the scenes, the code never forgot. Now, the great awakening is underway. The core devs are quietly reactivating the opcodes. BitVM, OP_CAT, and the Great Script Restoration aren't just technical upgrades — they're signals. Bitcoin is preparing… The post Deep Dive into the Future of BTC: Bitcoin Knots vs Bitcoin Core [VIDEO] appeared first on The Crypto Vigilante.
- bitcoin core policy change sparks debate https://github.com/bitcoin/bitcoin/pull/32359 + https://antoinep.com/posts/relay_policy_drama/- https://mempool.space/tx/902248efc147345fda0b70a2f297983d899d8d5f4fdae4d2a1363f12bfe399af- fold rings nasdaq https://x.com/DocumentingBTC/status/1918301113599549914- The Bitcoin Dev Kit Foundation announced new corporate members for 2025, including AnchorWatch, CleanSpark, and Proton Foundation - primal v2.2 on ios and android released https://primal.net/e/nevent1qqsy92jd3aks8qn8p9xtgnhpzq6kjg89lkcauv77ur68hlfqnmakjdql3n5qw- Cashu Dev Kit (CDK) v0.9.1 https://github.com/cashubtc/cdk/releases/tag/v0.9.1- LNBig shares revenue numbers https://primal.net/e/nevent1qqsfjq45qu5d8tzjhz2kqtzsw49dn8tucyva2jat8trpxnlh4muqzjsqg42hg - Bitcoin Policy Summithttps://www.btcpolicysummit.org/0:00 - Intro3:04 - Double zoomers - Bitcoin Core issue37:24 - Bitcoin policy43:25 - Is Marks a zoomer?49:44 - Dashboard52:23 - Samourai57:08 - Victory Royale against Apple1:09:55 - Llama and secure enclaves1:19:17 - Fold NASDAQ bell1:21:06 - BDK1:23:32 - Underwriting mortgages or something1:29:06 - Software updates1:36:54 - Closing riffShoutout to our sponsors:Coinkitehttps://coinkite.com/Unchainedhttps://unchained.com/rhr/Bitkeyhttps://bitkey.world/Stakworkhttps://stakwork.ai/Follow Marty Bent:Twitterhttps://twitter.com/martybentNostrhttps://primal.net/martyNewsletterhttps://tftc.io/martys-bent/Podcasthttps://tftc.io/podcasts/Follow Odell:Nostrhttps://primal.net/odellNewsletterhttps://discreetlog.com/Podcasthttps://citadeldispatch.com/
Jordan Bush, Ahshuwah Hawthorne, Tim Fox, and Jim McAndrew look at some of the latest news in Bitcoin through Christian eyes.
Bitcoin Core is in the spotlight again — and not in a good way. In this roundtable, Jeff Swann, Simple Steve, Bitcoin Mechanic, and I dig into the growing divide over mempool policies, the latest controversial pull request, and what it means for node sovereignty. Why is Core removing user configurability? Are we witnessing a philosophical shift away from Bitcoin's foundations? And more importantly — who's really in control of your node? This conversation is raw, fiery, and filled with high-level critique, speculation, and serious concerns about Bitcoin's future. If you've been hearing about “spam,” “filters,” and “dickbutts” on Bitcoin Twitter and want to know what the hell it's all about — this is the episode. Guest Links Steve Simple Nostr (Link: https://tinyurl.com/3s6a8yn8) Steve Simple on X (Link: https://x.com/stevesimple) Bitcoin Mechanic Nostr (Link: https://tinyurl.com/2tm827ut) Bitcoin Mechanic on X (Link: https://x.com/GrassFedBitcoin) Jeff Swann Nostr (Link: https://tinyurl.com/3sjc3bcp) Jeff Swann on X (Link: https://x.com/agoristview) Host Links Guy on Nostr (Link: http://tinyurl.com/2xc96ney) Guy on X (Link: https://twitter.com/theguyswann) Guy on Instagram (Link: https://www.instagram.com/theguyswann) Guy on TikTok (Link: https://www.tiktok.com/@theguyswann) Guy on YouTube (Link: https://www.youtube.com/@theguyswann) Bitcoin Audible on X (Link: https://twitter.com/BitcoinAudible) The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839) Check out our awesome sponsors! HRF: The Human Rights Foundation is a nonpartisan, nonprofit organization that promotes and protects human rights globally, with a focus on closed societies. Subscribe to HRF's Financial Freedom Newsletter today. (Link: https://mailchi.mp/hrf.org/financial-freedom-newsletter) OFF: The Oslo Freedom Forum (OFF) is an international human rights conference series hosted and produced by the Human Rights Foundation (HRF). Bringing together the world's most engaging human rights advocates, journalists, artists, tech entrepreneurs, and world leaders, we aim to share their stories and brainstorm ways to expand freedom and unleash human potential across the globe. Don't miss this year's Oslo Freedom Forum in May. (Link: https://oslofreedomforum.com/event/oslo-freedom-forum-2025/) Pubky: Pubky is building the next web, a decentralized system designed to put control back in your hands. Escape censorship, algorithmic manipulation, and walled gardens by owning your identity and data. Explore the Pubky web and become the algorithm today. (Link: https://pubky.com) Trying to BUY BITCOIN?
In der heutigen Techboost-Folge sprechen Thorsten und Jan-Paul über Alby, Coinswap, Bitcoin Core v29, Bitcoin Mining Centralization und die Zeus Wallet. Von und mit: - Jan-Paul - ThorstenProduziert und geschnitten: ThorstenHier könnt ihr uns eine Spende über Lightning da lassen: ⚡️nodesignal@getalby.comWenn euch unsere Arbeit gefällt, könnt ihr unsere Folgen auch auf Podcasting 2.0 Plattformen, wie Fountain, PodcastGuru, Castamatic, Breez oder Podverse hören und uns so eine kleine Aufmerksamkeit da lassen. Danke an alle, die die Bitcoin Community mit ihren Spenden unterstützen! Mit diesen Spenden wird unter anderem unser Bounty Programm verwirklicht, in dem ihr euch für die Mitarbeit an einem Projekt eine Belohnung sichern könnt.Für Feedback und weitergehenden Diskussionen kommt gerne in die Telegramgruppe von Nodesignal und bewertet uns bei Spotify und Apple Podcasts, das hilft uns sehr. Folgt uns auch gerne bei Nostr:npub1n0devk3h2l3rx6vmt24a3lz4hsxp7j8rn3x44jkx6daj7j8jzc0q2u02cy und Twitter.Blockzeit: 894512Alby Pro - Mehr Features und Real-Time Backups für LDK-NodesLDK VSS - Versioned Storage Service - Backup und Recovery für LDK-NodesAlby Go v1.12 - Mobile Wallet, jetzt mit BTC Map-IntegrationZeus v0.11.0-alpha2 (Pre-release) - Cashu senden und empfangen in der Embedded LND wallet in ZeusCoinswap v0.1.1 - a decentralized atomic swap protocol that enables users to swap bitcoin UTXOs, breaking direct ownership links on-chain and disrupting chain-analysis heuristics. Weitere Quellen:Github-RepositoryProtokoll-SpezifikationBitcoin Mining Centralization (b10c) - Status der Zentralisierung im Bitcoin-Mining, Blog von b10c/TimoNodesignal-Talk – E190 – Bitcoin Mining PoolsNodesignal-Talk – E193 – Mining Pools: Gefahr für Bitcoin?Bitcoin Core v29.0: RBF the standard, v26 end of maintenance - Bitcoin Explained E97Timestamps:(00:00:00) Intro(00:00:06) Begrüßung & Blockzeit(00:02:34) Alby Hub Pro(00:10:59) Lightning Real-Time Backups mit VSS(00:20:03) Alby Cloud(00:22:07) Open Source Finanzierung(00:28:43) Alby Go v1.12(00:30:21) Zeus v0.11.0-alpha2 mit Cashu Support(00:34:47) Coinswap v0.1.1(00:47:38) Maker und Taker Model(00:52:19) Warum Coinswap?(00:57:20) Bitcoin Mining Centralization (b10c)(01:01:39) Bitcoin Core v29.0(01:09:07) Verabschiedung und Outro
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
Rencontrez Jon Atack, développeur Bitcoin Core depuis plusieurs années. Avec Jon nous avons parlé de nombreux sujets notamment concernant les risques autour des différentes surfaces d'attaques du protocole.Rediffusion du live du 22 avril 2025.
Mark “Murch” Erhardt and Mike Schmidt are joined by Jonas Nick and Salvatore Ingala to discuss Newsletter #351.News● Interactive aggregate signatures compatible with secp256k1 (0:50) ● Standardized backup for wallet descriptors (21:34) Selected Q&A from Bitcoin Stack Exchange● Practicality of half-aggregated schnorr signatures? (17:16) ● What's the largest size OP_RETURN payload ever created? (41:17) ● Non-LN explanation of pay-to-anchor? (43:29) ● Up-to-date statistics about chain reorganizations? (48:08) ● Are Lightning channels always P2WSH? (52:33) ● Child-pays-for-parent as a defense against a double spend? (53:40) ● What values does CHECKTEMPLATEVERIFY hash? (59:06) ● Why can't Lightning nodes opt to reveal channel balances for better routing efficiency? (59:32) ● Does post-quantum require hard fork or soft fork? (1:02:27) Releases and release candidates● LND 0.19.0-beta.rc3 (1:07:39) Notable code and documentation changes● Bitcoin Core #31247 (1:07:58) ● LDK #3601 (1:10:14)
I'm joined by guests Rob Hamilton & Rijndael to go through the list.Housekeeping (00:01:09) OP_Next recapBitcoin • Software Releases & Project Updates (00:15:18) Coldcard (00:42:53) Bitcoin Core (00:47:21) BDK (00:48:12) Coinswap (00:48:56) Electrum Wallet (00:52:45) BTCPay Server (00:53:33) Nunchuk Android (00:54:04) Liana (00:54:51) The Mempool Open Source Project (00:57:01) BoltzExchange boltz-web-app (00:57:16) RoboSats (00:57:21) Bitcoin Safe (00:57:58) Blockstream Green (00:58:08) Rust Payjoin (01:01:15) Zaprite (01:01:48) Krux (01:02:29) Iris Wallet Desktop (01:02:46) Bitcoin Core Config Generator (01:02:52) UTXOracle• Project Spotlight (01:04:14) SwiftSync (01:04:43) PrivatePond (01:05:00) JoinMarket Fidelity Bond Simulator (01:05:52) DahLIAS (01:06:00) Satoshi Escrow (01:06:12) Taplocks (01:15:48) bitcoin.softforks.org (01:15:52) CTV and CSFS Enabled Bitcoin Node (01:16:03) UTXOscope (01:16:13) Block Bitcoin Treasury (01:16:47) Waye (01:17:08) Sovereign Craft(Not) a Vulnerability Disclosure (01:17:17) Pay-to-Anchor outputs now exploited for blockchain spamAudience Questions (01:23:46) How do we use open time stamps for transfer of assets using two party integrity between holders? (01:24:50) Does Cove have testnet4? (01:25:15) Can you explain like I'm 5 what opcodes are, how they are used on the network, and the level of optionality that applies to them? (01:26:49) Please discuss this idea: Block-based TOTP for bitcoin wallet passphrase validation.Privacy & Other Related Bitcoin Projects • Software Releases & Project Updates (01:28:48) Tor Browser (01:28:51) TailsOS (01:28:53) NymVPN (01:28:55) MapleAILightning + L2+ • Project Spotlight (01:29:17) Misty Breez (01:29:25) Sovereign Tools (01:29:28) Silk Road on Lightning (01:29:37) Cashu Token Decoder• Software Releases & Project Updates (01:29:48) Zeus (01:29:49) LDK (01:31:40) Minibits Wallet (01:31:42) HydrusNostr • Project Spotlight (01:31:44) Atomic Signature Swaps over Nostr (01:31:51) Lantern (01:31:59) Promenade (01:32:09) Noauth-enclaved (01:32:27) GM SwapBoosts (01:33:04) Shoutout to top boosters Rod Palmer Bugle News, pink monkey, btconboard, jespada, AVERAGE_GARY & larryoshi finkamotoLinks & Contacts:Website: https://bitcoin.review/Substack: https://substack.bitcoin.review/Twitter: https://twitter.com/bitcoinreviewhqNVK Twitter: https://twitter.com/nvkTelegram: https://t.me/BitcoinReviewPodEmail: producer@coinkite.comNostr & LN: ⚡nvk@nvk.org (not an email!)Full show notes: https://bitcoin.review/podcast/episode-95
Mark “Murch” Erhardt and Mike Schmidt are joined by Niklas Gögge to discuss Newsletter #350.Changes to services and client software● Bitcoin Knots version 28.1.knots20250305 released (11:26) ● PSBTv2 explorer announced (13:51) ● LNbits v1.0.0 released (14:38) ● The Mempool Open Source Project® v3.2.0 released (15:22) ● Coinbase MPC library released (17:25) ● Lightning Network liquidity tool released (21:20) ● Versioned Storage Service announced (22:25) ● Fuzz testing tool for Bitcoin nodes (1:17) ● Bitcoin Control Board components open-sourced (23:50) Releases and release candidates● Bitcoin Core 29.0 (25:13) ● LND 0.19.0-beta.rc2 (34:41) Notable code and documentation changes● LDK #3593 (35:04) ● BOLTs #1242 (35:57) Correction (37:38)
Mark “Murch” Erhardt and Dave Harding are joined by Sebastian Falbesoner, Ruben Somsen, and Abubakar Sadiq Ismail to discuss Newsletter #349.News● SwiftSync speedup for initial block download (0:34) Bitcoin Core PR Review Club● Add Fee rate Forecaster Manager (29:33) Releases and release candidates● Core Lightning 25.02.1 (46:54) ● Core Lightning 24.11.2 (47:03) ● BTCPay Server 2.1.0 (48:14) ● Bitcoin Core 29.0rc3 (49:25) ● LND 0.19.0-beta.rc2 (51:21) Notable code and documentation changes● LDK #2256 (53:52) ● LND #9669 (56:16) ● Rust Bitcoin #4302 (57:24)
Mark “Murch” Erhardt and Mike Schmidt are joined by Jonas Nick, Jameson Lopp, Steven Roose, Gregory Sanders, and Salvatore Ingala to discuss Newsletter #348.News● Educational and experimental-based secp256k1 implementation (1:09) Changing consensus● Should vulnerable bitcoins be destroyed? (9:17) ● Securely proving UTXO ownership by revealing a SHA256 preimage (34:52) ● Draft BIP for destroying quantum-insecure bitcoins (44:01) ● Criticism of CTV motivation (51:16) ● CTV+CSFS benefits (1:06:02) ● Benefit of CTV to Ark users (1:24:37) ● OP_CHECKCONTRACTVERIFY semantics (1:31:49) ● Draft BIP published for consensus cleanup (1:58:29) Releases and release candidates● BDK wallet 1.2.0 (2:06:03) ● LDK v0.1.2 (2:06:48) ● Bitcoin Core 29.0rc3 (2:07:13) ● LND 0.19.0-beta.rc1 (2:08:36) Notable code and documentation changes● Bitcoin Core #31363 (2:09:03) ● Bitcoin Core #31278 (2:09:44) ● Eclair #3050 (2:12:41) ● Eclair #2963 (2:13:54) ● Eclair #3045 (2:14:44) ● LDK #3670 (2:15:47) ● LND #9620 (2:16:24)
Aaron and Sjors talk about the new Bitcoin Core 29.0 release..===This episode's sponsor: CoinKite, maker of the ColdCard.Aaron's Nostr: npub1art8cs66ffvnqns5zs5qa9fwlctmusj5lj38j94lv0ulw0j54wjqhpm0w5Sjors' Nostr: nprofile1qyvhwumn8ghj7mn0wd68ytnnwpex7an0daehgtnwdshsqgyxsh477ejn8rwkjv0zen0ncxwe7rj6zpnujx8j9ecgrsj43786lqyul0f2
In deze aflevering bespreken we waarop je moet letten bij het installeren van de update van de Bitcoin Core Software 29.0. Paul legt uit waarom het belangrijk is een node te draaien en wat aandachtspunten zijn bij het updaten van de Bitcoin Software. Een van de punten is om dit niet meteen te doen en eventueel te wachten tot anderen de eerste bugs eruit hebben gehaald. Het kan, voor diegene die ertoe technisch in staat zijn, leuk zijn om de updates alvast te lezen in de "change-log". Het belangrijkste is dat je realiseert dat je buiten het kopen van Bitcoin ook op een andere manier betrokken kan zijn bij - en deel uit kan maken van het Bitcoin netwerk. Let op, dit is een best technische aflevering ;-)
more info: https://rhr.tv- ESP32 microcontroller vulnerabilities https://cryptodeeptech.ru/bitcoin-bluetooth-attacks/- Trump Signs Resolution Blocking IRS Reporting Rule for 'DeFi Brokers' https://www.nobsbitcoin.com/trump-signs-resolution-blocking-irs-reporting-rule-for-defi-brokers/- Tether to back OCEAN Pool with its hashrate https://tether.io/news/tether-to-deploy-hashrate-on-ocean-advancing-decentralized-bitcoin-mining-infrastructure/- New Voltage Enterprise Platform enables fastest way to enable bitcoin and soon stablecoin transactions https://www.voltage.cloud/blog/new-voltage-platform-enables-fastest-way-to-enable-bitcoin-and-soon-stablecoin-transactions- BitGo and Voltage Team Up to Deliver Instant Bitcoin and Stablecoin Payments via Lightning https://www.voltage.cloud/blog/bitgo-and-voltage-team-up-to-deliver-instant-bitcoin-and-stablecoin-payments-via-lightning- OpenSats Eleventh Wave of Nostr Grants https://opensats.org/blog/eleventh-wave-of-nostr-grants- OpenSats Impact Report: Advancements in Lightning Infrastructure https://opensats.org/blog/advancements-in-lightning-infrastructure- Unchained has launched the Bitcoin Legacy Project https://www.unchained.com/blog/introducing-the-bitcoin-legacy-project- Bitcoin mining centralization in 2025 https://b10c.me/blog/015-bitcoin-mining-centralization/- South Korea | 7-Eleven Accepting Discounted CBDC Payments During Pilot PhaseSouth Korea launched a nationwide pilot of its central bank digital currency (CBDC), enrolling 100,000 South Korean users. As part of the rollout, 7-Eleven will accept CBDC payments and offer a 10% discount on all products. Governments facing public skepticism regarding their CBDCs increasingly use similar incentive tactics to onboard users. For example, Nigeria discounts taxi fares to push its e-Naira CBDC, while Thailand is distributing its CBDC directly to citizens for free. While South Korea's CBDC project aims to modernize payments, it is part of a broader push from countries, even democratic ones, to integrate state-controlled digital currencies into everyday transactions. A move that is diametrically opposed to individuals' freedom, privacy, and human rights. FinancialFreedomReport.org- Bitcoin Core v29.0 https://bitcoincore.org/en/releases/29.0/- ColdCard Firmware Updates - MK4 5.4.2 and Q 1.3.2 https://x.com/COLDCARDwallet/status/1912896809682247765- Liana Wallet v10.0: Wallet Backups & Dependencies Update https://www.nobsbitcoin.com/liana-wallet-v10-0/- LNbits v1.0.0: Stable, Hardened, and Production-Ready https://www.nobsbitcoin.com/lnbits-v1-0-0/- Ross Ulbricht joins nostr https://primal.net/ross0:00 - Intro3:04 - Zoomer perspective28:00 - Base memecoins38:32 - ESP32 vulverability43:30 - Trump blocks defi broker rule45:15 - Tether hashrate on OCEAN1:02:06 - Bitaxe quantum sniping1:08:46 - Voltage1:11:02 - OpenSats1:12:44 - Unchained Legacy Project1:14:12 - HRF Story of the Week1:17:47 - Software updates1:25:00 - Ross on Nostr1:25:26 - Zoomers againShoutout to our sponsors:Coinkitehttps://coinkite.com/Unchainedhttps://unchained.com/rhr/Bitkeyhttps://bitkey.world/Stakworkhttps://stakwork.ai/Follow Marty Bent:Twitterhttps://twitter.com/martybentNostrhttps://primal.net/martyNewsletterhttps://tftc.io/martys-bent/Podcasthttps://tftc.io/podcasts/Follow Odell:Nostrhttps://primal.net/odellNewsletterhttps://discreetlog.com/Podcasthttps://citadeldispatch.com/
I'm joined by guests Rob Hamilton & Future Paul to go through the list.Timecodes coming soon...Links & Contacts:Website: https://bitcoin.review/Substack: https://substack.bitcoin.review/Twitter: https://twitter.com/bitcoinreviewhqNVK Twitter: https://twitter.com/nvkTelegram: https://t.me/BitcoinReviewPodEmail: producer@coinkite.comNostr & LN: ⚡nvk@nvk.org (not an email!)Full show notes: https://bitcoin.review/podcast/episode-94
Mark “Murch” Erhardt and Mike Schmidt are joined by Sjors Provoost and Antoine Poinsot to discuss Newsletter #347.News● LN upfront and hold fees using burnable outputs (0:54) ● Discussion of testnets 3 and 4 (5:11) ● Plan to relay certain taproot annexes (19:01) Selected Q&A from Bitcoin Stack Exchange● Why is the witness commitment optional? (24:58) ● Can all consensus valid 64 byte transactions be (third party) malleated to change their size? (36:39) ● How long does it take for a transaction to propagate through the network? (47:37) ● Utility of longterm fee estimation (49:31) ● Why are two anchor outputs are used in the LN? (54:34) ● Why are there no BIPs in the 2xx range? (57:19) ● Why doesn't Bech32 use the character b? (59:55) ● Bech32 error detection and correction reference implementation (1:00:23) ● How to safely spend/burn dust? (1:02:48) ● How is the refund transaction in Asymmetric Revocable Commitments constructed? (1:07:34) ● Which applications use ZMQ with Bitcoin Core? (42:15) Releases and release candidates● Bitcoin Core 29.0rc2 (1:08:21) ● LND 0.19.0-beta.rc1 (1:08:55) Notable code and documentation changes● Bitcoin Core #31603 (45:12) ● Eclair #3044 (1:09:45) ● Eclair #3026 (1:10:38) ● LDK #3649 (1:11:02) ● LDK #3665 (1:11:59) ● LND #8453 (1:14:28) ● BIPs #1792 (1:16:00) ● BIPs #1782 (1:16:40)
Bitcoin DXB - Live via LinkedInSession 4: Bitcoin vs CryptocurrencyHosts: Justin Harper & RA GeorgeDate: 27th MarchTime: 10:00 AM GST (30-45 mins)Location: LinkedIn LiveJustin Harper and RA George explore Bitcoin vs. cryptocurrencies, covering definitions, forks, categories, and key developments shaping digital assets.Bitcoin: A decentralized digital currency enabling peer-to-peer transactions without banks, using its blockchain.Cryptocurrency: A broader category of digital assets secured by blockchain, independent of central authorities.Bitcoin is the most recognized, but thousands of altcoins exist (Ethereum, Solana, Cardano, etc.)."Anything that isn't Bitcoin is called an altcoin!" – George.Over 100 forks, including Bitcoin Cash, Bitcoin Gold, and Bitcoin Satoshi Vision.Why do forks happen?Community disagreementsSmart contracts, privacy, or block size improvementsThe biggest split occurred in 2017 (Bitcoin Core vs. Bitcoin Cash).Future forks? Institutional involvement (BlackRock, governments) could lead to new ones.Layer 2 solution for faster transactions (up to 1M TPS).Works like a bar tab: open & close channels.Concerns: Centralization, slow adoption.El Salvador adopted Bitcoin as legal tender using Lightning Network.Altcoins – Compete with Bitcoin (Ethereum, Solana, Cardano).Stablecoins – Pegged to fiat (USDT, USDC, DAI).Utility Tokens – Provide access to services (Chainlink, Uniswap).Meme Coins – Speculative, community-driven (Dogecoin, Shiba Inu).Privacy Coins – Enable anonymous transactions (Monero, Zcash).CBDCs – Government-issued digital currencies.Security Tokens – Tokenized real estate & stocks.Governance Tokens – Used for decentralized decision-making.Gaming & Metaverse Tokens – Power virtual economies.DePIN Coins – Decentralized infrastructure tokens.AI Tokens – Emerging AI-focused assets.Citycoins – Used by cities to mine Bitcoin or other assets.Mysterious origins (Satoshi Nakamoto remains anonymous).Decentralized (No central control or CEO).Fixed Supply (21 million BTC, making it deflationary).Secure (Strongest blockchain with the longest history).Resilient (Survived crashes, bans, and technical challenges).Bitcoin Risks: Volatility, regulation uncertainty, technical complexity.Crypto Risks: Scams, centralized control, security vulnerabilities.The Bitcoin vs. broader crypto divide is growing.Bitcoin remains the most decentralized, while altcoins introduce innovation.Institutional interest (BlackRock, governments) is shaping the next phase of digital assets.Will Bitcoin remain dominant, or will crypto adoption shift?
Mark “Murch” Erhardt and Mike Schmidt are joined by Matt Morehouse, Yong Yu, Alejandro De La Torre, Jan B, and Marco De Leon to discuss Newsletter #346.News● Discussion of LND's dynamic feerate adjustment system (1:24) Changes to services and client software● Wally 1.4.0 released (17:17) ● Bitcoin Core Config Generator announced (18:05) ● A regtest development environment container (18:55) ● Explora transaction visualization tool (20:17) ● Hashpool v0.1 tagged (21:35) ● DMND launching pooled mining (24:36) ● Krux adds taproot and miniscript (22:21) ● Source-available secure element announced (23:01) ● Nunchuk launches Group Wallet (45:04) ● FROSTR protocol announced (46:03) ● Bark launches on signet (46:57) ● Cove Bitcoin wallet announced (48:43) Releases and release candidates● Bitcoin Core 29.0rc2 (50:38) Notable code and documentation changes● Bitcoin Core #31649 (1:03:19) ● Bitcoin Core #31283 (37:27) ● Eclair #3037 (1:15:29) ● LND #9546 (1:16:33) ● LND #9458 (1:17:17) ● BTCPay Server #6581 (1:18:10) ● BDK #1839 (1:20:59) ● BOLTs #1233 (15:39)
Mark “Murch” Erhardt and Mike Schmidt are joined by Sindura Saraswathi, Christian Kümmerle, and Stéphan Vuylsteke to discuss Newsletter #345.News● P2P traffic analysis (1:35) ● Research into single-path LN pathfinding (6:45) ● Probabilistic payments using different hash functions as an xor function (21:17) Bitcoin Core PR Review Club● Stricter internal handling of invalid blocks (26:12) Releases and release candidates● Eclair v0.12.0 (37:49) Notable code and documentation changes● Bitcoin Core #31407 (38:52) ● Eclair #3027 (43:22) ● Eclair #3007 (44:17) ● Eclair #2976 (44:57) ● LDK #3608 (47:17) ● LDK #3624 (48:12) ● LDK #3016 (50:28) ● LDK #3629 (52:15) ● BDK #1838 (53:06)
I'm joined by guests Rob Hamilton & Vivek to go through the list.Housekeeping (00:01:18) Unleashed.chat rebrands to dataMachineUrgent Vulnerability Disclosures (00:01:52) Private key leak via malformed ECDSA input (00:09:12) ESP32 Security Concerns (00:21:32) Coinos revokes NWC connection secretsVivek's Corner (00:22:51) Invalid mining jobs by AntPool & friends during forksBitcoin • Software Releases & Project Updates (00:37:44) COLDCARD (00:52:47) Sparrow Wallet (00:54:33) Lark (00:55:03) Krux (00:56:37) Cove Wallet (00:59:09) Nunchuk Desktop (01:00:32) BTCPayServer (01:00:44) Bitcoin Keeper (01:01:25) BlueWallet (01:02:08) Bitcoin Safe (01:03:15) Bitkey App (01:04:05) libwally-core (01:06:00) Bisq2 (01:06:04) RoboSats (01:06:08) Boltz Exchange (01:06:10) Zaprite (01:06:13) Blockstream Explorer API (01:07:22) Mempal (01:07:29) Iris Wallet desktop (01:07:31) Utreexo (01:07:34) ESP Miner• Project Spotlight (01:07:38) Reorg Calculator (01:07:51) Bitcoin Core Config Generator (01:09:05) Bitcoin Core Snapshots (01:09:11) Boot Protocol (01:09:18) multisig-backup (01:09:58) Wallet backup (01:10:04) regtest-in-a-podVulnerability Disclosures (01:11:56) JavaScript injection attack (01:15:05) Malicious PyPI package 'set-utils' steals Ethereum private keys (01:16:57) OpenSSH vulnerabilities expose clients and servers to attacks (01:17:05) USB side-channel attacks (01:17:37) Cellebrite (01:17:49) Messengers vulnerabilities (01:17:56) GitVenom (01:18:10) Stablecoin payment firm Infini loses $50M in exploit (01:18:18) Five dollar wrench attacksAudience Questions (01:20:00) Comment on a flaw in Bitcoin Core regarding mining pools and their vulnerability against block withholding attacksNostr • Project spotlight (01:22:32) 24242.io (01:22:49) nostr.media (01:22:58) Frostr (01:23:33) nostr-double-ratchet (01:23:44) DVMCP (01:23:53) Samiz (01:24:00) Welshman (01:24:09) Norma (01:24:20) Wallet Relay (01:24:27) Nostr0 (01:24:35) nAuth Protocol (01:24:43) HostrBoosts (01:25:36) Shoutout to top boosters @sean, @pink monkey, @Anonymous, @martinbarilik, @Momo Tahmasbi & @jespada.Links & Contacts:Website: https://bitcoin.review/Substack: https://substack.bitcoin.review/Twitter: https://twitter.com/bitcoinreviewhqNVK Twitter: https://twitter.com/nvkTelegram: https://t.me/BitcoinReviewPodEmail: producer@coinkite.comNostr & LN: ⚡nvk@nvk.org (not an email!)Full show notes: https://bitcoin.review/podcast/episode-93
Mark “Murch” Erhardt and Mike Schmidt are joined by Matt Morehouse, Matt Corallo, and Hunter Beast to discuss Newsletter #344.News● Disclosure of fixed LND vulnerability allowing theft (0:57) ● Discussion about Bitcoin Core's priorities (10:49) Changing consensus● Bitcoin Forking Guide (1:01:11) ● Update on BIP360 pay-to-quantum-resistant-hash (P2QRH) (34:37) ● Private block template marketplace to prevent centralizing MEV (21:06) Releases and release candidates● Core Lightning 25.02 (1:09:57) Notable code and documentation changes● Eclair #3019 (1:11:21) ● Eclair #3016 (1:12:05) ● LDK #3342 (33:13) ● Rust Bitcoin #4114 (1:12:50) ● Rust Bitcoin #4111 (1:14:29) ● BIPs #1758 (1:15:09) ● BIPs #1750 (1:17:07) ● BIPs #1712 (1:18:10)
Despite your bad memories from the Block Size war, you should support Roger Ver's campaign for clemency – or at least this is what Layer Two Labs CEO Paul Sztorc thinks you should do. In this episode, we discuss why Roger deserves to stay free. Time stamps: Introducing Paul Sztorc (00:00:54) The host welcomes listeners and introduces guest Paul Sztorc, discussing Roger Ver's situation. Paul's Connection with Roger Ver (00:01:42) Paul shares his connection to Roger Ver and his experiences in the Bitcoin community. Roger Ver's Contributions (00:02:54) Discussion on Roger's significant investments and efforts in early Bitcoin companies. Challenges at Mt. Gox (00:03:59) Paul recounts Roger's volunteer work during the Mt. Gox crisis, highlighting his dedication. Bitcoin's Early Days (00:05:05) Reflections on Bitcoin's obscurity before mainstream recognition, including the Financial Times article. The Evolution of Bitcoin Conferences (00:06:18) Paul reminisces about early Bitcoin conferences and their small scale compared to today. Tax Evasion Claims and Bitcoin's Value (00:08:23) Discussion on misconceptions about Bitcoin's value and Roger's tax situation during its early days. Roger's Generosity and Alliances (00:10:34) Highlighting Roger's contributions to various libertarian causes and his personal sacrifices. The Block Size War (00:11:39) Introduction to the block size debate and its impact on Roger's reputation in the Bitcoin community. Michael Saylor's Skepticism (00:12:29) The host references a tweet from Michael Saylor expressing doubts about Bitcoin in 2013. Roger's Early Bitcoin Investments (00:13:13) Paul shares a story about Roger's commitment to Bitcoin, selling his Lamborghini for more BTC. Roger's Influence and Marketing (00:14:26) Discussion on Roger's positive energy and efforts to promote Bitcoin to the public. The Role of BitPay (00:15:38) Explaining how BitPay helped businesses accept Bitcoin, making it more accessible. Roger's Vision for Bitcoin (00:18:48) Paul discusses Roger's motivations during the block size war and his vision for Bitcoin's future. Aftermath of the Block Size War (00:20:06) Reflections on the complacency of the Bitcoin community post-war and the resulting divisions. Playing the Villain (00:20:45) The host introduces a playful debate format, questioning Roger's promotion of Bitcoin Cash. The Scammer Accusation (00:21:18) Discussion about accusations against Roger Ver being labeled a scammer due to perceived financial losses. The Block Size Debate (00:21:35) Debate on the implications of hard forks and naming conventions in the context of Bitcoin's block size. Satoshi's Conflicted Views (00:22:22) Exploration of Satoshi Nakamoto's ambiguous stance on block sizes and their impact on Bitcoin. Mt. Gox Video Controversy (00:24:23) Reference to Roger Ver's video on Mount Gox and its perceived implications for Bitcoin's credibility. Self-Custody Awareness (00:25:03) Discussion on the understanding of self-custody in Bitcoin during the early days compared to now. Roger's Involvement with Mt. Gox (00:26:57) Analysis of Roger Ver's proactive attempts to assist Mount Gox during its crisis. Historical Context of Criticism (00:29:06) Reflection on how hindsight alters perceptions of Roger's actions during the Mt. Gox incident. Debate Dynamics (00:31:00) Insights into Roger Ver's debate style and the challenges faced by opponents like Jimmy Song. Roger's Support of Craig Wright (00:36:22) Discussion on Roger Ver's past support for Craig Wright and subsequent regrets regarding that decision. Legal Battles with Craig Wright (00:40:14) Mention of Roger Ver's successful lawsuit against Craig Wright as a potential redemption. Romance Scams and Reporting (00:40:53) Discussion on how victims of romance scams often feel ashamed and do not report incidents. Karmic Justice and Roger Ver (00:44:16) Exploration of public anger towards Roger Ver and perceptions of justice regarding his past actions. Chaos Climbers in the Bitcoin Community (00:45:03) Analysis of individuals rising in influence by criticizing opposing factions during the block size war. Debate Analysis: Samson vs. Roger (00:46:02) Reflection on the 2018 debate between Samson and Roger, highlighting performance over substance. Clipping and Public Perception (00:48:11) Discussion on how clipped statements can distort public perception and impact reputations. Economic Growth and Human Welfare (00:49:07) The importance of economic growth for human welfare and the misunderstanding surrounding its implications. Performativity in Bitcoin Discourse (00:50:26) Critique of the performative outrage in Bitcoin discussions and its effects on community dynamics. Debate Takeaways and Misrepresentation (00:51:08) Observations on how the narrative from the debate overshadowed substantive discussions about Bitcoin. Scaling Solutions: Lightning vs. Bitcoin Cash (00:52:13) Comparison of the Lightning Network and Bitcoin Cash as competing solutions to Bitcoin's scaling issues. Hard Forks and Community Splits (00:54:43) Discussion on the implications of hard forks on community cohesion and the future of Bitcoin. Victimless Crimes in Forks (00:57:54) Reflection on the benefits of Bitcoin forks and the perception of them as victimless crimes. Toxic Bitcoin Maximalism (00:58:41) Analysis of how toxic maximalism emerged as a reaction to the proliferation of altcoins and forks. Conception of Money and Community (00:59:03) Discussion on the importance of a unified currency and the challenges posed by multiple forks. Ethereum as the Opposition (01:00:28) Exploration of Ethereum's role as a competing force against Bitcoin and its community dynamics. Network Effects and Complacency (01:00:52) Discussion on how dominant networks can lead to complacency and hinder competition in the crypto space. Block Size War and Ethereum's Rise (01:01:40) Exploration of Ethereum's growth during the block size debate and its impact on the crypto landscape. Scaling Challenges in Bitcoin (01:02:52) Overview of scaling solutions and the failures that led to external developments outside Bitcoin. Layer Two Labs Promotion (01:04:00) Introduction of Layer Two Labs and its mission to scale Bitcoin through sidechains. Drive Chains vs. Tree Chains (01:05:15) Comparison of Drive Chains and Tree Chains, highlighting conceptual differences and critiques. Bitcoin.com News Collaboration (01:08:40) Discussion about Bitcoin.com News and its valuable coverage of cryptocurrency topics. Critique of Current Thought Leaders (01:09:46) Speaker expresses disappointment in the insights provided by prominent figures in the crypto community. Exit Tax Controversy (01:11:20) Debate on the legitimacy and implications of the U.S. exit tax in relation to Roger Ver. Berlin Wall Explanation (01:21:19) Description of the Berlin Wall's historical significance and its role in the Cold War. The Berlin Wall Discussion (01:23:06) The speakers discuss the historical significance and implications of the Berlin Wall and its impact on families. Roger Ver's Moral Responsibility (01:27:02) A conversation about Roger Ver's rejection of the social contract based on his moral beliefs regarding taxation. Exit Tax Controversy (01:27:30) Debate on the fairness of the exit tax and its implications for individuals like Roger Ver. Roger Ver's Legal Representation (01:28:09) Discussion on Roger Ver's legal situation and the role of his law firm in his tax issues. Greg Maxwell's Threats (01:29:33) Mention of Greg Maxwell's threats towards Roger Ver and the potential consequences of such actions. Birthday Surprise (01:30:18) A light-hearted moment as the host celebrates a birthday surprise during the podcast. Tax Law Complications (01:32:07) The complexity of tax law and its implications for Roger Ver's financial situation are explored. Jameson Lopp's Tweet (01:35:14) Analysis of a tweet discussing Roger Ver's tax issues and the IRS's claims against him. CoinFlex Bankruptcy Discussion (01:37:01) Exploration of Roger Ver's financial troubles related to CoinFlex and the implications of his legal battles. Roger's Video Explanation (01:39:14) Discussion about a video Roger Ver released explaining his situation with CoinFlex and legal constraints. Legal Challenges and Persecution (01:42:43) Reflections on Roger Ver's past legal challenges and the perception of him as a criminal in the Bitcoin community. Vindictiveness of the Blocksize War (01:43:46) Commentary on the negative attitudes and tactics used by some during the blocksize debate against Roger Ver. Discussion on Roger Ver's Bitcoin Contributions (01:44:56) We discuss Roger Ver's early contributions to Bitcoin and the controversies surrounding him. Twitter Controversies and Public Perception (01:46:00) The conversation touches on Twitter dynamics and public perceptions of Roger Ver's financial status. Taxation and IRS Issues (01:49:02) Concerns are raised about the lack of clarity from the IRS regarding tax obligations for Roger Ver. Critique of Tax System (01:50:05) A critique of the U.S. tax system and the complexities faced by taxpayers is presented. Roger Ver's Future and Clemency (01:52:39) Discussion on Roger Ver's potential return to the U.S. and the implications of his clemency. Plea Deals and Coercion in Legal System (02:01:29) The speakers examine the coercive nature of plea deals in the U.S. legal system. Justice System Inequities (02:03:59) A reflection on the inequities in the justice system and the challenges of sentencing. Introduction to Alexander Vinnik (02:05:07) Discussion about Vinnik's arrest and his connection to the Mount Gox hack. Comparison with Roger Ver (02:06:18) Contrasting Vinnik's criminal actions with the legal troubles faced by Roger Ver. Plea Deals and Legal System Issues (02:06:39) Exploring the coercive nature of plea deals in the justice system. Vinnik's Sentencing and Release (02:08:39) Details about Vinnik's sentencing and the circumstances of his release. Negotiations for Prisoner Exchange (02:09:50) Discussion about the political implications of Vinnik's negotiation for freedom. Details on the Trade (02:10:46) Information about the American teacher traded for Vinnik and her situation. Question from the Audience (02:12:54) Transition to audience questions regarding Bitcoin's scalability and potential forks. The Exodus Question (02:13:02) Audience inquiry about the potential migration to alternative cryptocurrencies. Forking Bitcoin Discussion (02:15:17) Analysis of the challenges and implications of forking Bitcoin. Cultural Apathy in Bitcoin Community (02:20:15) Reflection on the disconnection between miners and Bitcoin's philosophical discussions. Future of Bitcoin and Sidechains (02:22:33) Speculation on Bitcoin's ability to scale and the role of sidechains in its future. Discussion on Bitcoin Market Dynamics (02:27:41) Exploration of Bitcoin's market behavior and the implications of pricing strategies in a competitive landscape. Contention in Bitcoin Governance (02:28:31) Debate on the contentious nature of Bitcoin governance and the challenges of achieving consensus within the community. Concerns Over Bitcoin's Cultural Issues (02:30:31) Discussion on potential cultural problems within Bitcoin and the implications for its future success. Measuring Decentralization (02:31:58) Introduction to the concept of decentralization and its measurement within cryptocurrency contexts. Critique of Mining Centralization (02:32:08) Examination of the complexities and contradictions in defining mining centralization in Bitcoin. Transparency and Decentralization (02:34:03) Discussion on the importance of transparency and the peer-to-peer nature of Bitcoin versus traditional systems. State Rejection of Bitcoin Reserves (02:40:55) Insights into states rejecting Bitcoin reserve bills due to volatility concerns, reflecting on societal attitudes toward Bitcoin. Bitcoin's Role in Black Market Transactions (02:44:27) Analysis of Bitcoin's potential as a payment system in both legal and illegal markets, emphasizing its dual utility. Roleplay Request on BTC vs BCH (02:48:10) Engagement in a roleplay scenario discussing the market's preference for BTC over BCH and its implications. Orthodox Plan for Scaling (02:49:21) Discussion on the orthodox plan for Bitcoin scaling and competition with Ethereum and other altcoins. Competition and Market Share (02:50:39) Analysis of market competition and the declining market share of Bitcoin compared to Ethereum and Monero. Libertarian Party Dynamics (02:53:11) Exploration of the fragmentation within the Libertarian Party and its implications for political strategy. Libertarian Vote in Elections (02:54:52) Investigation into the percentage of votes received by the Libertarian Party in recent elections. Trump's Influence on Libertarians (02:56:40) Discussion on Trump's appeal to Libertarians and its impact on voting patterns. Free Ross Campaign Strategy (02:59:17) Strategy for political advocacy, focusing on the Free Ross campaign and leveraging support for major candidates. Comparing Cryptocurrency Market Positions (03:01:56) Examination of the market positions of various cryptocurrencies and their relative values. Bitcoin Cash Capabilities (03:02:50) Discussion on the capabilities of Bitcoin Cash and its potential for innovation in the crypto space. Historical Context of Bitcoin Development (03:04:12) Reflection on Bitcoin's development history and the missed opportunities for innovation. Language and Technological Change (03:06:27) Analogy between language evolution and cryptocurrency dominance, emphasizing technological impacts. Early Bitcoin Innovations (03:09:39) Revisiting early innovations in Bitcoin and their relevance to today's cryptocurrency landscape. Ossification and Innovation in Blockchain (03:11:36) Discussion on the ossification of blockchain and the need for innovation in Layer 2 solutions. Programming Languages Debate (03:12:43) Comparison of programming languages used in Bitcoin and Ethereum, referencing Steve Jobs' philosophy. Bitcoin's Imperfections (03:14:15) Discussion on Bitcoin's evolution and the ongoing need for improvements despite claims of perfection. Vulnerabilities in Bitcoin (03:15:21) Concerns over the delayed disclosure of vulnerabilities in Bitcoin's code and its implications. Power Dynamics in Bitcoin Development (03:16:41) Analysis of the influence of Bitcoin Core on development and the challenges faced by forks. John Dillon's Controversial Emails (03:18:00) Exploration of accusations against John Dillon and the implications for Bitcoin's governance. Coinjoin Bounty Scandal (03:20:19) Revelation of John Dillon's involvement with a bounty fund and its impact on project funding. The Role of Competition in Development (03:22:14) Importance of competition among software in driving innovation and user satisfaction. Roger Ver's Legal Troubles (03:25:28) Discussion about the potential consequences for those prosecuting Roger Ver and the nature of his accusations. Mail Fraud Charges Against Roger Ver (03:27:12) Overview of the legal accusations against Roger Ver, particularly concerning mail fraud. Hypothetical Perspective on Roger Ver (03:28:44) A thought experiment about how perceptions of Roger Ver would change based on exposure to propaganda. Thoughts on Taxation and Consent (03:32:32) Discussion on the ethics of taxation and Roger Ver's views on consent in financial matters. Tax Dollars and Freedom (03:33:53) Discussion on how American tax dollars fund IRS enforcement and the implications for those wanting to leave the country. Exit Tax Debate (03:35:06) Debate on the fairness of an exit tax and its implications for American citizens leaving the country. Roger Ver's Legal Battle (03:36:04) Analysis of Roger Ver's resources and challenges in his ongoing legal issues with tax authorities. Future Tax Laws and Risks (03:36:30) Concerns about potential future tax laws and their impact on individuals' financial situations. Legal Precedents and Justice (03:37:53) Discussion on how Roger Ver's case may set precedents for others facing similar legal challenges. Political Influence on Justice (03:38:58) Exploration of the arbitrary nature of legal sentences and political influences on the justice system. Dignity in Departure (03:39:29) Reflections on the emotional toll of leaving the U.S. while maintaining dignity and facing potential repercussions. Logistics of a Pardon (03:40:30) Speculation on the political motivations behind a potential pardon for Roger Ver. Tax Law Evolution (03:41:53) Discussion on how tax laws have changed over time, affecting the classification of Bitcoin. Legal Advice and Accountability (03:43:14) Questioning the responsibilities of tax attorneys in guiding clients through complex legal issues. Closing Remarks and Thanks (03:44:15)
Dave Harding and Mike Schmidt are joined by Bastien Teinturier and Joost Jager discuss Newsletter #342.News● Allowing mobile wallets to settle channels without extra UTXOs (0:59) ● Continued discussion about an LN quality of service flag (13:14) Changes to services and client software● Ark Wallet SDK released (40:28) ● Zaprite adds BTCPay Server support (40:57) ● Iris Wallet desktop released (41:21) ● Sparrow 2.1.0 released (41:41) ● Scure-btc-signer 1.6.0 released (42:38) ● Py-bitcoinkernel alpha (43:48) ● Rust-bitcoinkernel library (44:30) ● BIP32 cbip32 library (45:56) ● Lightning Loop moves to MuSig2 (46:22) Notable code and documentation changes● Bitcoin Core #27432 (47:01) ● Bitcoin Core #30529 (48:29) ● Bitcoin Core #31384 (49:42) ● Core Lightning #8059 (50:52) ● Core Lightning #7985 (53:41) ● Core Lightning #7887 (54:32) ● Eclair #2967 (26:06) ● Eclair #2979 (32:24) ● Eclair #3002 (34:32) ● LDK #3575 (57:35) ● LDK #3562 (23:51) ● BOLTs #1205 (26:13)
In recent years, Bitcoin has undergone a major culture shift which promotes stagnation, complacency & simping to politicians over maximizing the utility of the money. Eric Voskuil & John Carvalho join the show to remind everyone what the mission really is. State of Bitcoin - [00:01:17] Bitcoin Maximalism - [00:01:32] Bitcoin as a Ponzi Scheme - [00:02:27] Transaction Fees - [00:04:57] History of Bitcoin Tokens (Omni, Counterparty, Mastercoin) Definition of Tokens - [00:08:01] Custodial Problems with Tokens - [00:09:12] Bitcoin and Fiat Money - [00:11:09] Why Bitcoiners Talk About Money - [00:15:49] Stateless Money - [00:17:44] Austrian Economics and Bitcoin - [00:21:01] Monetary Inflation vs. Price Inflation - [00:26:01] Cantillon Effect - [00:29:00] Dollar Inflation and Gold - [00:33:59] Misunderstandings in the Bitcoin Community - [00:41:42] Bitcoin Semantics - [00:43:21] Bitcoin Divisibility - [01:00:13] Bitcoin Deflation - [01:03:41] Maxi Price and One Coin Assumption - [01:07:43] Competition Between Monies - [01:13:42] Scaling Bitcoin - [01:22:41] Bitcoin for the Unbanked - [01:26:14] Maximizing Throughput - [01:36:11] Right to Fork - [01:45:45] Running Old Bitcoin Versions - [01:51:35] Bitcoin as Money vs. Credit - [01:56:26] Settlement in Bitcoin - [02:07:45] Peer-to-Peer Credit Systems - [02:14:47] Fractional Reserve Banking - [02:26:32] Bitkit Wallet and Spending vs. Saving - [02:36:13] Block size increases and Bitcoin adoption - [03:00:00] Scaling Bitcoin and transaction validation - [03:01:00] Bitcoin overflowing into Litecoin and quantum resistance - [03:02:00] Pruning historical data and exchange price - [03:03:00] Lightning system complexity and Bitcoin's value proposition - [03:05:00] Bitcoin as an investment and speculation - [03:07:00] Optimizing Bitcoin throughput and developer motivations - [03:09:00] Scaling Bitcoin and speculation - [03:11:00] Shitcoins, scams, and Bitcoin's security model - [03:13:00] Litecoin's extension blocks and Mimblewimble - [03:15:00] Bitcoin's security and the legitimacy of altcoins - [03:17:00] Shitcoins and Bitcoin's essential aspects - [03:19:00] Majority hash power censorship and attacks - [03:21:00] Bitcoin speculation and market dynamics - [03:23:00] Michael Saylor's Bitcoin strategy and MicroStrategy's history - [03:26:00] Saylor's Bitcoin investment and market manipulation - [03:29:00] Saylor's stock sales and Bitcoin's future - [03:31:00] Blockstream's accomplishments and the Chia project - [03:33:00] Blockstream's influence and SegWit - [03:35:00] Adam Back's influence and Blockstream's hype - [03:37:00] Bitcoin Core's power and the need for competition - [03:39:00] Initial block download performance and Bitcoin Core's architecture - [03:41:00] UTXO store and Bitcoin Core's performance - [03:43:00] Parallelism in Bitcoin Core and assumed UTXO - [03:45:00] Initial block download time and Bitcoin Core's scalability - [03:47:00] Monoculture in Bitcoin development and IBD performance - [03:49:00] UTXO cache and shutdown time - [03:51:00] Trust assumptions in Bitcoin Core and UTXO commitments - [03:53:00] Bitcoin Core's halting problem and theoretical download limits - [03:55:00] Sponsorships: Sideshift, LayerTwo Labs, Ciurea - [03:57:00] Drivechains and ZK rollups - [04:02:00] ZK rollups and liquidity on Ethereum - [04:04:00] Drivechains and altcoins - [04:06:00] Scaling Bitcoin and cultural taboos - [04:08:00] Engineer-driven change and Monero's approach - [04:10:00] Confidential transactionsL Zano & DarkFi - [04:12:00] Fungibility and Bitcoin's metadata - [04:14:00] Privacy, metadata, and state surveillance - [04:16:00] Privacy, taint, and Bitcoin mixing - [04:18:00] Bitcoin mixing and plausible deniability - [04:20:00] Mining and company registration - [04:22:00] Block reward and hash power - [04:24:00] Privacy and mixing - [04:26:00] Privacy in the Bitcoin whitepaper and zero-knowledge proofs - [04:28:00] Dark Wallet and John Dillon - [04:30:00] Dark Wallet and Li Bitcoin - [04:32:00] Amir Taaki's projects and software development - [04:34:00] Dark Wallet funding and developer costs - [04:36:00] Libbitcoin's code size and developer salaries - [04:38:00] John Dillon and Greg Maxwell - [04:40:00] Opportunistic encryption and BIPs 151/152 - [04:42:00] Dandelion and privacy - [04:44:00] BIP 37 and Bloom filters - [04:46:00] Consensus cleanup and the Time Warp bug - [04:48:00] Merkle tree malleability and 64-byte transactions - [04:50:00] 64-byte transactions and SPV wallets - [04:52:00] Coinbase transactions and malleability - [04:54:00] Invalid block hashes and DoS vectors - [04:56:00] Core bug and ban list overflow - [04:58:00] Storing hashes of invalid blocks - [05:00:00] DoS vectors and invalid blocks - [05:02:00] Malleated Merkle trees and 64-byte transactions - [05:04:00] 64-byte transactions and Merkle tree malleability - [05:06:00] Null points and malleated blocks - [05:08:00] Redundant checks and the inflation soft fork - [05:10:00] Op code separator and code complexity - [05:12:00] Transaction order in a block - [05:14:00] Forward references in blocks - [05:16:00] Coinbase transaction rules - [05:18:00] Time Warp bug and Litecoin support - [05:20:00] Quadratic op roll bug - [05:22:00] Stack implementation and op roll - [05:24:00] Templatized stack and op roll optimization - [05:26:00] Non-standard transactions and direct submission to miners - [05:28:00] Mempool policy and DoS - [05:30:00] Monoculture and competing implementations - [05:32:00] Consensus cleanup and Berkeley DB - [05:34:00] Code vs. consensus - [05:36:00] Bitcoin Knots and Luke-jr - [05:38:00] 300 kilobyte node and Luke-jr's views - [05:40:00] Bitcoin Knots and performance - [05:42:00] Bitcoin Knots and censorship - [05:44:00] Censorship and miner incentives - [05:46:00] Censorship and hash power - [05:48:00] Soft forks and censorship - [05:50:00] Ordinals and covenants - [05:52:00] RBF and zero-confirmation transactions - [05:54:00] Double spending and merchant risk - [05:56:00] First-seen mempool policy and RBF - [05:58:00] Low-value transactions and RBF - [06:00:00] Computational cost of actions - [06:00:15] Building infrastructure and system disruption - [06:00:20] Threat actors and economic disruption - [06:00:26] Double spending detection and system control - [06:00:29] Safety and manageability of zero comp transactions - [06:00:41] Security of zero comp transactions - [06:00:51] RBF (Replace-by-fee) and its relevance - [06:01:06] Bitcoin's mempool and transaction handling - [06:01:25] Mempool overflow and resource management - [06:02:08] Transaction storage and mining - [06:02:45] Miners' incentives and fee maximization - [06:03:07] Mempool policy and DOS protection - [06:03:41] Transaction validation and block context - [06:04:11] Fee limits and DOS protection - [06:05:13] Transaction sets, graph processing, and fee maximization - [06:06:24] Mining empty blocks and hash rate - [06:07:34] Replace-by-fee (RBF) and its purpose - [06:08:07] Infrastructure and RBF - [06:09:14] Transaction pool and conflict resolution - [06:09:44] Disk space, fees, and DOS protection - [06:11:06] Fee rates and DOS protection - [06:12:22] Opt-in RBF and mempool full RBF - [06:13:45] Intent flagging in transactions - [06:14:45] Miners obeying user intent and system value - [06:17:06] Socialized gain and individual expense - [06:18:17] Service reliability and profitability - [06:19:06] First-seen mempool policy - [06:19:37] Mempool policy and implementation - [06:20:06] User perspective on transaction priority - [06:21:14] Mempool conflicts and double spending - [06:22:10] CPFP (Child Pays for Parent) - [06:22:24] Mempool management and fee rates - [06:24:30] Mempool complexity and Peter Wuille's work - [06:25:54] Memory and disk resource management - [06:27:37] First-seen policy and miner profitability - [06:29:25] Miners' preference for first-seen - [06:30:04] Computational cost and fee optimization - [06:31:10] Security, Cypherpunk mentality, and the state - [06:35:25] Bitcoin's security model and censorship resistance - [06:41:02] State censorship and fee increases - [06:43:00] State's incentive to censor - [06:46:15] Lightning Network and regulation - [06:48:41] NGU (Number Go Up) and deference to the state - [06:51:10] Reasons for discussing Bitcoin's security model - [06:53:25] Bitcoin's potential subversion and resilience - [06:55:50] Lightning Network subsidies and scaling - [06:57:36] Mining protocols and security - [07:02:02] Braidpool and centralized mining - [07:04:44] Compact blocks and latency reduction - [07:07:23] Orphan rates and mining centralization - [07:08:16] Privacy and threat environments - [07:08:40] Social graphs, reputation, and identity - [07:10:23] Social scalability and Bitcoin - [07:12:36] Individual empowerment and anonymity - [07:16:48] Trust in society and the role of the state - [07:18:01] Payment methods and trust - [07:20:15] Credit reporting agencies and regulation - [07:22:17] Hardware wallets and self-custody - [07:23:46] Security vulnerabilities in Ledger - [07:27:14] Disclosure of secrets on Ledger devices - [07:36:27] Compromised machines and hardware wallets - [07:42:00] Methods for transferring signed transactions - [07:48:25] Threat scenarios and hardware wallet security - [07:50:47] Hardware wallet usage and personal comfort - [07:56:40] Coldcard wallets and user experience - [08:02:23] Security issues in the VX project - [08:03:25] Seed generation and hardware randomness - [08:12:05] Mastering Bitcoin and random number generation - [08:17:41]
Mark “Murch” Erhardt and Mike Schmidt discuss Newsletter #341.News● Continued discussion about probabilistic payments (0:34) ● Continued discussion about ephemeral anchor scripts for LN (7:26) ● Stats on orphan evictions (14:31) ● Updated proposal for updated BIP process (27:08) Bitcoin Core PR Review Club● Cluster mempool: introduce TxGraph (35:43) Releases and release candidates● LND v0.18.5-beta (43:48) ● Bitcoin Inquisition 28.1 (44:10) Notable code and documentation changes● Bitcoin Core #25832 (51:43) ● Eclair #2989 (55:49) ● LDK #3440 (56:36) ● LND #9470 (57:14) ● BTCPay Server #6580 (58:15)
Mark “Murch” Erhardt and Mike Schmidt are joined by Matt Morehouse, Johan Halseth, Pieter Wuille, Sergi Delgado, Bastien Teinturier, Oleksandr Kurbatov, Antoine Poinsot and Bob McElrath to discuss Newsletter #340.News● Channel force closure vulnerability in LDK (2:14) ● Zero-knowledge gossip for LN channel announcements (16:01) ● Discovery of previous research for finding optimal cluster linearization (26:29) ● Erlay update (46:38) ● Tradeoffs in LN ephemeral anchor scripts (1:09:50) ● Emulating OP_RAND (1:30:30) ● Discussion about lowering the minimum transaction relay feerate (1:36:33) Changing consensus● Updates to cleanup soft fork proposal (1:43:46) ● Request for a covenant design supporting Braidpool (2:28:59) ● Deterministic transaction selection from a committed mempool (2:04:52) ● Fast difficulty adjustment algorithm for a DAG blockchain (2:19:24) Releases and release candidates● BDK Wallet 1.1.0 (2:39:15) ● LND v0.18.5-beta.rc1 (2:39:43) Notable code and documentation changes● Bitcoin Core #21590 (38:58) ● Eclair #2983 (1:23:30) ● Eclair #2968 (1:27:53) ● LDK #3556 (2:40:31) ● LND #9456 (2:41:10)
Mark “Murch” Erhardt and Dave Harding are joined by Matt Morehouse and 0xB10C to discuss Newsletter #339.News● Vulnerability in LDK claim processing (0:47)● Replacement cycling attacks with miner exploitation (17:28)● Updated stats on compact block reconstruction (23:56)Selected Q&A from Bitcoin Stack Exchange● Who uses or wants to use PSBTv2 (BIP370)? (32:38)● In the bitcoin's block genesis, which parts can be filled arbitrarily? (34:41)● Lightning force close detection (36:47)● Is a segwit-formatted transaction with all inputs of non-witness program type valid? (40:01)● P2TR Security Question (41:41)● What exactly is being done today to make Bitcoin quantum-safe? (44:27)● What are the harmful effects of a shorter inter-block time? (47:57)● Could proof-of-work be used to replace policy rules? (51:19)● How does MuSig work in real Bitcoin scenarios? (54:54)● How does the -blocksxor switch that obfuscates the blocks.dat files work? (57:18)● How does the related key attack on Schnorr signatures work? (59:42)Releases and release candidates● LDK v0.1.1 (1:01:19)Notable code and documentation changes● Bitcoin Core #31376 (1:03:24)● Bitcoin Core #31583 (1:04:48)● Bitcoin Core #31590 (1:05:40)● Eclair #2982 (1:07:17)● BDK #1614 (1:11:39)● BOLTs #1110 (1:12:08)
Mark “Murch” Erhardt and Mike Schmidt are joined by Andrew Toth and Dave Harding to discuss Newsletter #338. News - Draft BIP for unspendable keys in descriptors (0:49) - PSBTv2 integration testing (9:55) - Correction about offchain DLCs (15:25) Changes to services and client software - Bull Bitcoin Mobile Wallet adds payjoin (28:10) - Bitcoin Keeper adds miniscript support (28:52) - Nunchuk adds taproot MuSig2 features (29:26) - Jade Plus signing device announced (32:08) - Coinswap v0.1.0 released (32:36) - Bitcoin Safe 1.0.0 released (35:14) - Bitcoin Core 28.0 policy demonstration (35:41) - Rust-payjoin 0.21.0 released (36:21) - PeerSwap v4.0rc1 (37:34) - Joinpool prototype using CTV (38:24) - Rust joinstr library announced (39:58) - Strata bridge announced (40:36) Releases and release candidates - BTCPay Server 2.0.6 (41:41) Notable code and documentation changes - Bitcoin Core #31397 (42:19) - Eclair #2896 (44:21) - LDK #3408 (46:02) - LND #9405 (47:57)
I'm joined by guests Craig Raw and Rob Hamilton to go through the list.Housekeeping (00:01:11) Ross Ulbricht receives a pardon from President Trump (00:03:44) New Marketing Manager opening at Coinkite (00:03:48) Exchanges added to BitcoinSecurity.guide (00:04:15) Olas - new nostr app (00:04:48) Call for guestsUrgent Vulnerability Disclosures (00:05:58) Ledger co-founder David Balland released after kidnapping (00:12:28) AxeOS CSRF VulnerabilityBitcoin • Software Releases & Project Updates (00:12:58) AnchorWatch (00:47:28) Bitcoin Core (00:48:10) Wasabi Wallet (00:48:15) BDK (00:48:27) Nunchuk Android (00:48:37) Specter Desktop (00:49:02) Bitcoin Keeper (00:49:18) Blue Wallet (00:50:32) BTC Pay Server (00:55:39) Liana (00:55:58) Blockstream Green QT (00:57:58) BoltzExchange (00:58:00) Live Wallet (00:58:11) Kyoto (00:58:19) ESP-Miner (00:58:21) Bitcoin Safe (00:58:40) BTC Map• Project Spotlight (00:58:44) Bitaxe Touch (00:58:51) Coinswap (00:59:20) Scure (00:59:28) Bitcoin Is Data (00:59:43) Qoinstr (00:59:53) TollGateVulnerability Disclosures (01:01:27) 0-click deanonymization attack targets Cloudflare-backed apps (01:02:00) UEFI secure boot vulnerability allows malicious bootkit deployment (01:02:23) Google Ad directs users to malicious homebrew clone (01:03:01) Critical rsync vulnerability on Linux and Unix systems (01:03:31) January 2025 Patch Tuesday (01:03:48) Unsecured tunneling protocols expose 4.2 million hosts (01:03:58) Apple's CUPS printing system vulnerable to spoofing attacks (01:04:11) Thomas Roth demonstrates code execution on Apple's ACE3 USB-C controller (01:05:32) Five dollar wrench attacksPrivacy & Other Related Bitcoin Projects • Software Releases & Project Updates (01:07:17) Tails (01:09:52) Module_17Boosts (01:12:29) Shoutout to top boosters Anonymous, manbyt, agichoote & btconboardLinks & Contacts:Website: https://bitcoin.review/Substack: https://substack.bitcoin.review/Twitter: https://twitter.com/bitcoinreviewhqNVK Twitter: https://twitter.com/nvkTelegram: https://t.me/BitcoinReviewPodEmail: producer@coinkite.comNostr & LN: ⚡nvk@nvk.org (not an email!)Full show notes: https://bitcoin.review/podcast/episode-91
The Bitcoin Brief is a show hosted by Max and Bitcoin QnA. We cover important updates in the world of bitcoin and open source software. It is our imperative to provide some education along the way too, so that the misfits can expand their knowledge base and become more sovereign as a result. We do this every second week to keep our listeners informed without having to dedicate hours every day to keep on top of developments. We break things down in a simple and fun way and we welcome questions or topic suggestions via Podcasting 2.0 boosts.AOBDoes Ross walk free today?Q new BitAxeQ going down the smart home rabbit holeMax carnivore updatePodcast with Mr GunnNEWSU.S states going strategic reserve crazyCoinbase unveils public beta of Onchain Reputation APICoinbase announces 'bitcoin backed' loansCoin Center Fellow Michael Lewellen sues the DOJ over criminalization of software development.US Court greenlights sale of $6.5B in seized Silk Road bitcoinUK judge dismisses $770M bitcoin landfill hard drive caseCrypto kidnappings in France, Canada, Thailand and PakistanOperators of Blender and Sinbad custodial Bitcoin mixers arrested and charged with money launderingUPDATES/RELEASESAnchorWatch now openCoinswap public betaLightning.news releasedDojo Bay announcedTestnet4.info faucetBitcoin Core v28.1Specter Desktop v2.1.1MyNode v0.3.32BlueWallet v7.0.7Bitcoin Keeper v1.3.3Nunchuk Android v1.9.58 and iOS v1.9.68Nstart user onboarding for NostrAmethyst 0.94.3Mostro v0.13.0IMPORTANT LINKS https://freesamourai.comhttps://p2prights.org/donate.htmlhttps://ungovernablemisfits.comVALUE FOR VALUEThanks for listening you Ungovernable Misfits, we appreciate your continued support and hope you enjoy the shows.You can support this episode using your time, talent or treasure.TIME:- create fountain clips for the show- create a meetup- help boost the signal on social mediaTALENT:- create ungovernable misfit inspired art, animation or music- design or implement some software that can make the podcast better- use whatever talents you have to make a contribution to the show!TREASURE:- BOOST IT OR STREAM SATS on the Podcasting 2.0 apps @ https://podcastapps.com- DONATE via Paynym @ https://paynym.rs/+misfit- DONATE via Monero @ https://xmrchat.com/ugmf- BUY SOME CLOTHING @ https://ungovernablemisfits.com/store/- BUY SOME ART!! @ https://ungovernablemisfits.com/art-gallery/FOUNDATIONhttps://foundation.xyz/ungovernableFoundation builds Bitcoin-centric tools that empower you to reclaim your digital sovereignty.As a sovereign computing company, Foundation is the antithesis of today's tech conglomerates. Returning to cypherpunk principles, they build open source technology that “can't be evil”.Thank you Foundation Devices for sponsoring the show!Use code: Ungovernable for $10 off of your purchaseCAKE WALLEThttps://cakewallet.comCake Wallet is an open-source, non-custodial wallet available on Android, iOS, macOS, and Linux.Features:- Built-in Exchange: Swap easily between Bitcoin and Monero.- User-Friendly: Simple interface for all users.Monero Users:- Batch Transactions: Send multiple payments at once.- Faster Syncing: Optimized syncing via specified restore heights- Proxy Support: Enhance privacy with proxy node options.Bitcoin Users:- Coin Control: Manage your transactions effectively.- Silent Payments: Static bitcoin addresses- Batch Transactions: Streamline your payment process.Thank you Cake Wallet for sponsoring the show!(00:00:00) INTRO(00:00:57) THANK YOU FOUNDATION(00:01:38) THANK YOU CAKE WALLET(00:02:43) QnA Dodges Sickness(00:04:23) A Chubby Cunt's Weight Loss Journey(00:06:41) Ben Gunn Episode(00:10:16) New Bitaxe and Smart Home Addictions(00:13:01) BSR BS(00:15:18) NEWS(00:21:07) Leave Ross Alone(00:24:33) Coinbase's On-Chain Reputation Service(00:29:27) MOAR Coinbase: Bitcoin "Backed" Loans(00:34:58) Coin Center Fellow Files Charges Against DOJ(00:37:10) Selling the Silk(00:41:38) Bitcoin Landfill Case Dismissed(00:47:26) Crypto Kidnappings On The Rise(00:57:41) Don't Name Your Child Roman(00:59:03) BOOSTS(01:19:54) Updates and Releases(01:21:57) Anchor Watch Drops Their Anchor(01:24:22) CoinSwap: It's Been Awhile(01:30:14) lightning dot news(01:30:59) Sitting on the Dock in Dojo Bay(01:33:50) Testnet4 PSA(01:34:24) Bitcoin Core 28.1 Released(01:36:39) Specter Desktop(01:38:07) Bluewallet 7.0.7(01:38:42) Keeper 1.3.3(01:39:01) Nunchuk 1.9.58(01:39:30) Nstart Onboarding (01:40:14) GIFs on Amethyst(01:40:55) Mostro - LN P2P Exchange(01:41:52) Ciao
In this episode of Bitcoin Audible, I read James O'Beirne's "Bitcoin Core's Loss of Focus" and offer my perspective on its critical arguments.Has Bitcoin's development strayed from its core mission of empowering trustless self-custody for all? Let's unpack the challenges, potential solutions like CTV, and the broader implications for Bitcoin's future scalability.Is the community prepared to face these fundamental issues—or are we losing sight of what truly matters? Check out the original article thread Bitcoin Core's Loss of Focus by James O'Beirne (Link: https://tinyurl.com/4a4pyhn4) Host Links Guy on Nostr (Link: http://tinyurl.com/2xc96ney) Guy on X (Link: https://twitter.com/theguyswann) Guy on Instagram (Link: https://www.instagram.com/theguyswann) Guy on TikTok (Link: https://www.tiktok.com/@theguyswann) Guy on YouTube (Link: https://www.youtube.com/@theguyswann) Bitcoin Audible on X (Link: https://twitter.com/BitcoinAudible) The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839) Check out our awesome sponsors! Fold: The best way to buy, use, and earn #Bitcoin on everything you do! Sats back on your debit card, gift cards, auto-buys, round-ups, you name it. Fold is the true bitcoiner's banking. Get 20K sats for FREE using referral code bitcoinaudible.com/fold Ready for best-in-class self custody? Get the Jade here and use discount code 'GUY' to get 10% off (Link: bitcoinaudible.com/jade) Trying to BUY BITCOIN? River, secure, trusted, bitcoin only, lightning enabled, simple. (Link: https://bitcoinaudible.com/river) Bitcoin Games! Get 10% off the best Bitcoin board game in the world, HODLUP! Or any of the other great games from the Free Market Kids! Use code GUY10 at checkout for 10% off your cart! (Link: https://www.freemarketkids.com/collections/games-1) Bitcoin Custodial Multisig Want to get into Bitcoin but not ready for self custody? Use custodial multisig for the best way to distribute trust across multiple institutions and even jurisdictions! Check out OnRamp. (Link: BitcoinAudible.com/onramp) Education & HomeSchooling Get the lesson in real economics that you never got in school, and teach your kids the truth, not the statist insanity that is Keynesianism. Liberty Classroom is the invaluable resource you are looking for! (Link: BitcoinAudible.com/Liberty) “It is better to remain silent at the risk of being thought a fool than to talk and remove all doubt of it.”– Maurice Switzer
We're dropping a show from Bitcoin Season 2, another podcast on Blockspace! If you enjoy the show, check it out on Spotify, Apple or wherever else you listen to podcasts! For today's Writer's Room, Colin and Charlie celebrate Running Bitcoin Day by picking through the Bitcoin Talk archives for a selection of Hal Finney's most prescient takes. Finney is famous for being the first person (after Satoshi) to run Bitcoin -- a claim to fame that involves receiving the first non-mining related transaction from Bitcoin's creator -- as well as being one of the earliest contributors to Bitcoin Core. Hal was highly active in Bitcoin's salad days and a prolific poster on Bitcoin Talk, where he provided his thoughts on Bitcoin's earliest versions, pontificated over the cryptocurrency's future, and shared ideas with its earliest adopters. Many of Hal's ideas and prognostications were incredibly incisive and clairvoyant -- almost frighteningly so -- hence the title of today's show. Learn more about your ad choices. Visit megaphone.fm/adchoices
James Thorne makes his bull stance very clear on Bitcoin: "we're in the very, very early innings" of the crypto age. He expects the Trump administration to keep Bitcoin in the forefront next year. However, he equates most other crypto trades to pure gambling. James also turns to Nvidia (NVDA) and regional banks as other beneficiaries of the incoming administration. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore Watch on DistroTV - https://www.distro.tv/live/schwab-network/ Follow us on X – https://twitter.com/schwabnetwork Follow us on Facebook – https://www.facebook.com/schwabnetwork Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about
Time stamps: Introducing Paul… again! (00:00:46) Core Untouched Soft Work (00:01:56) Peter Todd's Criticism (00:02:19) Debate on Soft Forks (00:04:44) Luke Dash Jr.'s Perspective (00:05:00) SPV Wallets and Full Nodes (00:08:51) Data Availability Issues (00:12:10) Neutrino and Privacy (00:14:16) Dandelion++ Proposal (00:17:05) Quality of Bitcoin Core Development (00:18:45) Libbitcoin's Fast Sync (00:19:36) Bitcoin Core Limitations (00:20:01) Governance Challenges (00:20:55) Responsibility in Development (00:24:39) Mainstream Adoption Concerns (00:25:31) Risk of Centralization (00:26:54) Michael Saylor's Influence (00:27:55) Wrapped Bitcoin and Smart Contracts (00:33:19) Bitcoin Core's Innovation Stagnation (00:34:31) BIP 300 and Soft Forks (00:37:11) Redefining Bitcoin Maximalism (00:38:27) The Miners' Interests (00:40:46) Layer Two Labs (00:41:56) Explaining the Core Untouched Soft Work Proposal (00:43:53) Challenges with Soft Fork Activation (00:46:04) Slow Progress of Soft Forks (00:48:12) Competition Among Layer 1 Solutions (00:49:21) Critique of the Lightning Network (00:51:31) Concerns Over Custodial Solutions (00:53:06) Historical Perspective on Lightning Network (00:54:17) Cultural Issues in Criticizing the Lightning Network (00:55:22) Incompetence in Development (00:56:40) Potential for Improvement (00:58:57) BIP Activation Dynamics (01:00:22) Prediction Markets for Bitcoin Soft Forks? (01:01:22) Political Control in Bitcoin (01:02:49) Concerns About Full Nodes (01:04:18) Covenants and Activation Delays (01:05:38) Blockstream's Influence (01:06:56) Why Covenants Are a Mistake (01:08:01) The Role of Miners in Soft Forks (01:09:13) Misguided Investments in Technology (01:10:21) Competition in Bitcoin Development (01:11:23) Privacy Improvements in Bitcoin (01:14:46) The Search for Innovative Solutions (01:17:13) User Experience and Adoption (01:21:41) No Interest in User Experience (01:22:45) Changing the Culture (01:23:19) Technological Gaps (01:24:04) Network Effects and Competition (01:25:15) Bitcoin's Complacency (01:26:34) Decentralization Spectrum (01:28:13) Historical Context of Competition (01:29:05) Privacy Innovations (01:31:29) Politicians Praising Bitcoin (01:34:10) Mainstream Adoption (01:35:31) Innovation and Disruption (01:37:33) Sponsor Plug and Market Insights (01:38:16) Community Questions (01:42:52) Blocking on Twitter (01:43:20) Perceptions of Bitcoiners (01:45:40) Miners' Misunderstanding of Bitcoin (01:46:37) Future of Bitcoin Projects (01:49:07) Privacy Improvements in Bitcoin (01:50:15) Monero's Position in Privacy (01:51:57) Mempool Policy and CUSF (01:54:36) Conway's Law in Bitcoin (01:58:20) Criticism of Bitcoin's Direction (02:00:09) Responsibility in Bitcoin Core Development (02:01:59) Ad Hominem Attacks in Bitcoin Proposals (02:04:15) Closing Statement on CUSF (02:05:06) The Future of Consensus (02:05:16) Soft Forks and Innovation (02:06:08) Understanding Soft Forks (02:07:12) Prediction Markets in Bitcoin? (02:08:18)
Steve and Lyn delve into the complexities of Bitcoin consensus, discussing the motivations behind their project analyzing consensus risks in protocol upgrades. They explore the technical and economic aspects of Bitcoin, the evolution of its consensus mechanisms, and the various stakeholder groups involved in decision-making processes. The discussion also highlights the importance of awareness among Bitcoin users regarding potential changes and the historical context of contentious changes in Bitcoin's past. They explore the challenges of gaining adoption for alternative clients, the implications of activation methods for protocol changes, and the overall robustness of the Bitcoin network. The discussion also emphasizes the need for awareness and understanding of these dynamics to foster better decision-making within the Bitcoin community. Takeaways Understanding Bitcoin consensus is crucial for all stakeholders. Bitcoin's growth changes the dynamics of consensus. Different philosophies exist regarding Bitcoin's evolution. Investors need to be aware of consensus changes. Knowledge empowers Bitcoin users to make informed decisions. Stakeholder groups have varying powers and incentives. The Bitcoin community is evolving and requires ongoing education. Historical changes in Bitcoin provide lessons for the future. Soft forks present different challenges compared to hard forks. The project aims to be a living document for ongoing contributions. The Bitcoin network must have the option for alternative clients to ensure a healthy ecosystem. Gaining adoption for alternative clients is challenging and can lead to a fragile network. Investors hold significant power in determining the future of Bitcoin, especially during contentious changes. Self-custody investors have a unique advantage in navigating potential forks in the network. The method of activation for protocol changes is a contentious topic with no clear best practice. Bitcoin's governance is complex, and no single group has unilateral power over decisions. Awareness of governance dynamics can lead to better collective decision-making in the Bitcoin community. The separation of the consensus engine from the Bitcoin Core could facilitate alternative clients. The future of Bitcoin's consensus mechanism is uncertain and requires careful monitoring of stakeholder dynamics. The project discussed is an open-source initiative, inviting community engagement and improvements. Timestamps: (00:00) - Intro (00:40) - What is the objective of Bitcoin Consensus Analysis (BCAP)? (06:55) - What are the technical aspects of the Bitcoin Consensus? (11:29) - Examples of consensus changes (16:15) - What are the stakeholder groups in Bitcoin? (22:57) - Sponsors (25:34) - What are the various ‘States of Mind' regarding changes in the Bitcoin Consensus? (31:00) - Historical context of changes in Bitcoin (38:56) - The importance of alternative clients in Bitcoin (47:06) - What power do bitcoin investors have? (49:31) - Sponsors (54:33) - Implications of various Activation methods (1:00:02) - Why is Bitcoin not a democracy of miners? (1:06:01) - The future of Bitcoin's consensus changes (1:14:16) - Closing thoughts Links: https://github.com/bitcoin-cap/bcap https://x.com/LynAldenContact https://x.com/moneyball Sponsors: Bold Bitcoin CoinKite.com (code LIVERA) mempool.space/accelerator Stephan Livera links: Follow me on X: @stephanlivera Subscribe to the podcast Subscribe to Substack