Bitcoin.Review Podcast with NVK & Guests
BR052 - Convenance, Introspection, CTV and activation impasse ft. JamesOB & Rijndael
29 Sep 2023
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: [email protected] Nostr & LN:⚡[email protected] (not an email!) Full show notes: https://bitcoin.review/podcast/episode-52
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