Bitcoin.Review Podcast with NVK & Guests
Technology
BR052 - Convenance, Introspection, CTV and activation impasse ft. JamesOB & Rijndael
2023-09-29
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I'm joined by guests James O'Beirne & Rijndael to discuss CTV.
Discussion Topics
- 00:01:23 Guest intros
- 00:01:58 Recap
- 00:03:10 Technical overview of covenants
- 00:14:41 Watchtowers
- 00:16:16 Use cases for vaulting & scripts
- 00:21:53 Use cases for vaulting & scripts
- 00:26:10 Covenants as a solution to third party
- 00:27:42 Covenants and censorship risks
- 00:33:24 Covenants and censorship risks
- 00:34:07 Risks of major Bitcoin changes
- 00:39:39 Cryptographic improvements of CTV
- 00:40:14 Quantifying the scale of change in code
- 00:46:52 TX hash
- 00:49:04 Simplicity of CTV
- 00:50:19 The consensus deadlock
- 00:55:34 Social coordination and activation
- 01:05:55 Speedy trial - good or bad for Bitcoin?
- 01:16:00 Problems with Bitcoin core defaults
- 01:18:18 The politics of changing Bitcoin
- 01:23:36 Testing for consensus
- 01:28:37 State sabotage
- 01:31:56 Moving forward with activation
- 01:36:48 State of development and economic
- 01:53:04 Bitcoin.Review going late night call
- 01:54:04 Next steps
- 01:59:58 Bitcoin politics closing summary
- 02:01:38 Closing thoughts
Links & Contacts
- Website: https://bitcoin.review/Podcast
- Twitter: https://twitter.com/bitcoinreviewhq
- NVK Twitter: https://twitter.com/nvk
- Telegram: https://t.me/BitcoinReviewPod
- Email: producer@coinkite.com
- Nostr & LN:⚡nvk@nvk.org (not an email!)
Full show notes: https://bitcoin.review/podcast/episode-52
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