Bitcoin DLC Self Custodial Finance with Philipp Hoenisch of 10101 SLP554
Stephan Livera Podcast2 Maalis 2024

Bitcoin DLC Self Custodial Finance with Philipp Hoenisch of 10101 SLP554

What applications exist for Bitcoin self custodial finance? Philipp Hoenisch, founder of 10101 (pronounced ten-ten-one) joins me on the show to talk about bitcoin trading without counterparty risk. We discuss:

  • DLC overview and basics
  • DLC channels and lightning
  • 10101 walkthrough
  • “Funding rate”
  • Synthetic stablecoins
  • For individuals or business?
  • Risks and things can break down

Prior Episodes:

Links:

Sponsors:

Stephan Livera links:

Timestamps/Chapters:

  • 00:00 - Introduction and Background
  • 05:58 - The Concept of Discrete Log Contracts (DLCs)
  • 10:28 - Non-Custodial Trading and DLC Channels
  • 12:46 - Using the 10101 App
  • 21:32 - Expiry and Funding Rates
  • 26:01 - NomadCapitalist.com
  • 27:47 - Coinkite.com
  • 28:57 - Market Makers and Trade Sizing
  • 32:05 - Limits and Future Plans
  • 35:55 - Security and Hardware Wallets
  • 37:41 - Non-Degen Uses for 10101
  • 38:50 - Comparison of Stable Coin Concepts
  • 41:58 - High Interest Rates and Risks
  • 48:33 - Swan.com
  • 49:42 - Mempool.space
  • 50:44 - Comparison of Stable Value Options
  • 56:49 - Technical Complexity and Education
  • 58:43 - Future of the 10101 App
  • 01:00:45 - Reasons for Lack of Non-Custodial Finance Adoption
  • 01:03:56 - Closing Thoughts

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