BR052 - Convenance, Introspection, CTV and activation impasse ft. JamesOB & Rijndael

Bitcoin.Review Podcast with NVK & Guests

29-09-2023 • 2 hrs 9 mins

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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