Bitcoin Audible13 Jul 2021

Read_542 - Sidechains for Scaling, Thunder Network [Paul Sztorc]

"Bitcoin (BTC, the currency) in its current form can scale – enough to process every txn in the world! It just needs the right combination of layer2s." - Paul Sztorc What would it look like if we could use sidechains today to scale Bitcoin to the worldwide payments capacity? Paul Sztorc, proponent and developer for Drivechains & BIP300 to bring this model to the Bitcoin ecosystem, lays out his vision for a future with the Thunder Network; sidechains with heavier data throughput to bridge to act as huge transaction aggregators that enables the quick deployment of any desired feature, an open landscape for design & privacy technology, & will allow Bitcoin to scale to every user in the world, and beyond. Sidechains for Scaling, Thunder Network: https://www.truthcoin.info/blog/thunder/ Check out the "Lessons from Bittorrent Series" covered on the show that was mentioned in the commentary: https://bitcoinaudible.com/why-bittorrent-mattered-lessons-for-crypto-1-of-4/ Check out tons of other great works & discussion at BitcoinAudible.com! Search the library for any topic or work you would like to hear, including other great pieces from Erik Cason. Don't forget your goodies from our awesome sponsors! 5% off the BitBox02 with code "GUY," your bank grade digital vault for your Bitcoin keys from Shiftcrypto.ch And $10 in sats for FREE by starting your automatic savings plan at SwanBitcoin.com/guy Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

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Episoder(1399)

Is Rolling Your Own Entropy The New Standard? (Coldcard Q&A P1)

In this Guy's Take, I walk through listener questions and comments on the Coldcard random number generation failure and what it really means for Bitcoin self-custody. We dig into why the RNG bug went ...

3 Sep 22min

Chat_178 - Our Burden To Carry with American HODL, Erik Cason, and Brandon Quittem

***"In the early days, the average user could probably use a Coldcard and know the amount of entropy required. The average Bitcoin user today, no clue. And so the times have changed, our message shoul...

1 Sep 2h 16min

Learning the Wrong Lessons

Thousands of careful Bitcoiners just got wiped out by a Coldcard entropy bug, and I use this episode to push back hard on the idea that self-custody is dead, and "don't trust, verify" failed us. I ...

28 Aug 16min

Chat_177 - Security Is Just a Hard Problem with Lloyd Fournier

***"I think that self custody is not going to be dead. I think that there is going to have to be a group, a vanguard of people that do this and take it seriously. The revolution won't work without tha...

25 Aug 2h 3min

BIP110 vs UASF: Do the Suitcoiners Control Bitcoin?

In this episode, I unpack the claim that BIP110’s failure proves corporate miners and suitcoiners now control Bitcoin. I walk through the real dynamics between miners and validating nodes, compare BIP...

20 Aug 11min

Chat_176 - Is Every Conspiracy True? with Talip

***"Today can you also use Coinbase to sell your coin? Yes. But can you guarantee that if Coinbase disappears, your funds will be with you? No. Because, it is, at the end of the day, their custody. Wh...

18 Aug 1h 40min

Chat_175 - Building in the AI Era with Luís Novo & Matt Ahlborg

***"It's going faster than most people thought. We thought that these models would be useful, but not extremely useful, for a while. Now you look at this and you feel [that] if I'm not using this the ...

12 Aug 1h 23min

Roundtable_023 - Staying Humble

In this episode, Steve, Jeff, and I walk through the catastrophic Coldcard entropy failure, how a trusted hardware wallet ended up generating weak keys, and how attackers are now brute-forcing Bitcoin...

4 Aug 1h 55min