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Bitcoin.Review Podcast with NVK & Guests

BR029 - SegWit, Taproot, Schnoor, Inscriptions & Witness Discount ft. Andrew Poelstra & Adam Gibson

31 Mar 2023

Description

I'm joined by guests Andrew Poelstra and Adam Gibson to discuss SegWit and related issues including taproot, schnoor, inscriptions and the witness discount. Discussion Topics: 00:02:14 Introductions to guests 00:05:06 Introductions to episode 00:06:12 bech32 00:15:46 The malleability problem 00:22:23 Mental model for understanding malleability 00:26:16 Primer on SegWit 00:36:23 Why does witness data have a discount? 00:42:40 What is sighash? 00:46:55 How is the weight calculated? 00:53:19 Inputs and outputs 00:58:41 Importance of the UTXO set 01:02:45 Block size considerations 01:04:13 Calculating the witness data discount 01:09:00 Introduction to Taproot and Schnoor 01:11:08 Schnoor signatures 01:21:01 Taproot 01:36:59 Taproot use cases 01:40:31 Timelocks, covenants and OP_VAULT 01:44:44 Taproot + lightning 01:47:17 Ordinals and inscriptions 02:06:40 References 02:09:11 Final 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: [email protected] Nostr & LN:⚡[email protected] (not an email!) Full show notes: https://bitcoin.review/podcast/episode-29/

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