Sergio Demian Lerner is the architect of Rootstock, Bitcoin's first sidechain. Recently, he became interested in BitVM as an instrument to create trust-minimized sidechains. So he optimized the design & created BitVMX! Introduction Sergio... again! (00:00:31) Evolution of BitVM (00:02:18) Improvements in BitVM X (00:13:26) Trust-minimized Computing (00:17:11) The politics of Bitcoin software (00:18:34) Decentralization and financial inclusion (00:20:06) Miners' role in supporting sidechains ...
Jun 22, 2024•1 hr 15 min•Season 15Ep. 43
What are the Bitcoin projects that suck? In this episode, Super Testnet & Shinobi point out to lots of suboptimal features in CoinJoins, Lightning Network, Nostr, BitVM, and Bitcoin development itself. It's fun, it's educational & it's brutally honest! Time stamps: Introducing Shinobi & Super Testnet (00:00:00) Recording at Paralelni Polis (00:01:06) Why Taproot Sucks (00:01:49) Lightning Network (00:05:06) Wasabi Wallet (00:08:19) Nostr Social Media (00:16:15) Cryptographic Key Mana...
Jun 20, 2024•1 hr 10 min•Season 15Ep. 42
F/Dev, also known as 1440000bytes or simply "Floppy", is an open source developer best known for his work on Joinstr: a CoinJoin implementation for Electrum wallet. In this episode, he talks about Bitcoin privacy & his new job at LayerTwo Labs. Time stamps: Mr. Floppy's Work on CoinJoin (00:01:31) Discusses the implementation of CoinJoin feature in Electrum wallet and the challenges faced. Differences in CoinJoin Protocols (00:04:02) User Reception and Usage of CoinJoin (00:06:35) Challenges...
Jun 05, 2024•1 hr 54 min•Season 41Ep. 15
Rijndael is the CTO of Taproot Wizards – a group of bitcoiners who want to make Bitcoin magical. In this interview, he talks about why OP_CAT matters and what kind of features we should expect to see in Bitcoin once a covenant soft fork gets activated. Taproot Wizards and Bitcoin Magic (00:01:53) Memes as Tools for Bitcoin Advancement (00:03:20) Discussion on Taproot Wizards' Intentions (00:03:47) Rijndael's Background and Work (00:06:38) Discussion on BitKey Hardware Wallet (00:09:12) Statechai...
May 31, 2024•1 hr 47 min•Season 15Ep. 40
Pete Rizzo is a veteran Bitcoin journalist who still remembers the time when Bitcoin & crypto were the same undivided community. In this episode, he talks about why Bitcoin history matters & how he approaches journalism. Time stamps: Bitcoin's Historical Significance (00:00:48) Bitcoin's Emergence and Pete Rizzo's Journey (00:02:09) Challenges in Understanding Bitcoin's History (00:03:40) Bitcoin's Ever-Changing Nature (00:05:24) The Importance of Contextualizing Bitcoin's History (00:08...
May 29, 2024•1 hr 53 min•Season 15Ep. 39
Crypsi is the representative of an art collective which expresses its anti-establishment ideas through physical paintings & collages, as well as digitally tokenized ideas. In this episode, he explains why memes are art & why memecoins matter. Time stamps: Bitcoin Art Collective's Origin (00:01:39) Evolution of Crypto Art (00:03:19) Role of Art in Bitcoin Revolution (00:12:21) Intersection of Memes and Art (00:13:28) Importance of Privacy in Bitcoin Art (00:18:15) Debate on Bitcoin Art an...
May 29, 2024•1 hr 33 min•Season 15Ep. 38
Marek Narozniak is a Polish physicist who works on a MimbleWimble implementation that can get added to Bitcoin via extension blocks to become a privacy layer. He also specializes in quantum computing, and busts some FUD about their threat. Time stamps: Introduction to Mimblewimble and Grin (00:00:40) The Privacy Model of Mimblewimble (00:02:07) What is Mimblewimble and Grin? (00:03:47) Scalability and Growth of Grin (00:05:18) Marek's Interest in Grin and Quantum Computing (00:07:16) Challenges ...
May 24, 2024•1 hr 8 min•Season 15Ep. 37
Back in 2014, Eli Ben-Sasson co-authored the Zerocash paper, which proposed a ZK SNARK system that creates anonymous Bitcoin payments. Around the same time, he also spoke about the compression benefits of zero-knowledge proofs – a full Bitcoin node can be synced within seconds just by verifying against a valid proof. More recently, he became interested in STARKs and built a company around this cryptographic breakthrough. If SNARKs require a trusted setup, then STARKs are a major leap towards tru...
May 23, 2024•1 hr 6 min•Season 15Ep. 36
OpenDelta is a synthetic dollar (stablecoin) that's built on top of Bitcoin's newly-launched Runes protocol. In this episode, co-founders Nick Schteringart & Konstantin Wünscher discuss about how and why they built this.
May 17, 2024•1 hr 3 min•Season 15Ep. 35
MWEB was activated on Litecoin's main net in 2022, providing a useful mix of privacy and scalability. It's a fascinating soft fork that's 100% compatible with Bitcoin. In this episode, Charlie Lee explains how MWEB works & why it matters. Time stamps: Introduction to the Episode (00:00:35) Bet with Roger Ver (00:01:19) Lightning Network Adoption (00:02:49) Expectations for Lightning Network (00:04:10) Lightning as a Privacy Solution (00:05:11) Second Layer Solutions Discussion (00:06:23) Blo...
Apr 28, 2024•1 hr 20 min•Season 15Ep. 34
David Bailey is the owner of Bitcoin Magazine. Ideologically, he is a Bitcoin maximalist who wants everything to happen on Bitcoin and get traded for BTC. During this episode, we also mint a special ordinal... which you can buy for 3.125 BTC! Time stamps: Bitcoin Maximalism (00:04:03) Inscribing Ordinal 70326676 on Bitcoin (00:11:57) Criticism and Autonomy in Transactions (00:22:06) RGB Protocol and Color Coins (00:25:42) Bitcoin maximalism and control (00:26:02) OP_CAT and use cases (00:28:12) ...
Apr 28, 2024•1 hr 44 min•Season 15Ep. 33
Aaron Day has been a bitcoiner since 2012 – and in the aftermath of the scaling wars, he decided to support the big block camp due to ideological reasons. Today, Aaron is concerned that adoption might not catch up with the rise of CBDCs. Time stamps: Aaron Day’s Work (00:00:54) Defining Central Bank Digital Currency (00:02:04) Comparison of CBDC with Existing Banking System (00:03:51) Historical and International Perspectives on Monetary Control (00:08:32) Globalization and CBDCs (00:11:21) Pote...
Apr 26, 2024•2 hr•Season 15Ep. 32
Ray Youssef is the CEO of NoOnes, a P2P marketplace which enables people from the Global South to exchange bitcoin for gift cards or local currencies. As he describes it, NoOnes is the platform where "everyone eats" – meaning that all parties make advantageous trades that help them feed themselves and their families. Consequently, Ray is an advocate of free market money who agrees with Roger Ver on some points. In this episode, he explains what those points are and why he believes Bitcoin was tr...
Apr 16, 2024•2 hr 3 min•Season 15Ep. 31
Charlie Lee is the creator of Litecoin and the current managing director of the Litecoin Foundation. Some may also remember him as Engineering Director at Coinbase. But very notably, Charlie Lee is one of the earliest believers in the power of the Lightning Network and an investor in Lightning Labs. I've decided to invite Charlie on the Bitcoin Takeover podcast for the third time in order to ask him a simple yet puzzling question: how come Litecoin is still successful and thrives in a world wher...
Apr 16, 2024•31 min•Season 15Ep. 30
Polish bitcoiner & libertarian Tomek Kolodziejczuk is co-organizing the 2nd annual Bitcoin Film Fest. In 2024, the event happens at the same time as the European Halving Party. In this episode, we talk about Bitcoin-related art, the current state of cinema, and why the halving (or halvening?) is such a major event.
Apr 08, 2024•1 hr 42 min•Season 15Ep. 29
Amaury Séchet is the developer who forked Bitcoin to create Bitcoin Cash in August 2017. A year later, he became one of the first people to find out about the inflation bug in Bitcoin – yet he chose to not exploit it and collaborate with the Bitcoin Core devs instead. Deadalnix was also one of the first large blockers to figure out that Craig Wright is not Satoshi. On the other hand, he appears to be a fan of dev taxes. Why did he not destroy Bitcoin? Why do large blockers keep on creating forks...
Apr 05, 2024•2 hr 43 min•Season 15Ep. 28
Adam Soltys is a Canadian bitcoiner, best known for his work on Raretoshi – a marketplace for Liquid network NFTs. Cole is a marketer who likes the Lightning network. Together, they built Coinos: a custodial & newbie-friendly Lightning wallet.
Mar 29, 2024•1 hr 17 min•Season 15Ep. 27
As of 2024, Roger Ver has been in Bitcoin for 7 years and in Bitcoin Cash for 7 years. This episode is a reflection on his journey and an attempt to bring back one of the greatest Bitcoin advocates and entrepreneurs.
Mar 28, 2024•1 hr 27 min•Season 15Ep. 26
Thanks to the efforts of CommerceBlock CEO Nicholas Gregory and CTO Tom Trevethan, Statechains are now a reality on the MercuryLayer. Originally designed by Ruben Somsen, Statechains serve the purpose of transferring ownership of bitcoins in a private, scalable, and affordable environment. However, the original Statechain design requires the ANYPREVOUT soft fork – something Bitcoin didn't get. But thanks to the efforts of Nicholas Gregory and Thomas Trevethan, MercuryLayer works around the limit...
Mar 24, 2024•1 hr 13 min•Season 15Ep. 25
Bryan Bishop is a computer programmer who currently moderates the Bitcoin-dev mailing list and considers a position as BIP editor. In this episode, he talks about his work in Bitcoin, his Webcash experiment, and why he is an advocate of biokaching.
Mar 18, 2024•1 hr 54 min•Season 15Ep. 24
As the CEO of Synonym, John Carvalho has experimented with many Bitcoin layers & protocols – including OmniBolt, Lightning & sidechains. In this episode, he explains what lessons he's learned and why he believes in more conservative ways to scale Bitcoin.
Mar 14, 2024•2 hr 11 min•Season 15Ep. 23
Eric Voskuil is the maintainer of Libbitcoin & the author of Cryptoeconomics. In this episode, he offers details about the Libbitcoin incident that took place in the summer of 2023 and also criticizes some aspects of the cult of Michael Saylor.
Mar 07, 2024•2 hr 52 min•Season 15Ep. 22
Fiatjaf is the creator of Nostr, a decentralized social media protocol which enables everyone around the world to communicate without censorship. Surprisingly, he doesn't agree with some existing Nostr software, no longer likes Lightning & promotes BIP300. Nostr Bitcoin and Lightning (00:00:47) Fiatjaf's creation Nostr, association with Bitcoin, and differing opinions on its development and use. Creation of Nostr (00:01:55) Decentralization and BlueSky (00:07:31) Comparison between Nostr and...
Feb 22, 2024•1 hr 56 min•Season 15Ep. 21
Bastien and Baudoin are the creators and main promoters of Satochip: an affordable self-custody solution which makes use of the smart card technology to provide hardware wallet features. In this episode, they explain how Satochip works & why it's unique.
Feb 15, 2024•1 hr 38 min•Season 15Ep. 20
Alexei Zamyatin is an academic cryptographer who works on the Build on Bitcoin projects. His approach to scaling Bitcoin with second layers involves some unconventional methods, which he describes in this interview. Zero Knowledge Proofs and Rollups (00:01:21) Discussion of the development of layer two solutions, including zero knowledge proofs and rollups. Defining BitVM Rollups (00:01:58) Explanation of the debate surrounding the definition of zk rollups and the introduction of the new categor...
Feb 13, 2024•54 min•Season 15Ep. 19
ZK rollups are certainly promising, as they can bring scalability and privacy to Bitcoin. In this episode, Orkun Kilic talks about Citrea: the first protocol to enable ZK rollups on Bitcoin. He explains the advantages, the tradeoffs & why you should use.
Feb 06, 2024•1 hr 26 min•Season 15Ep. 18
Andrew Poelstra is a mathematician who heads the research department at Blockstream. Over the years, he experimented with many Bitcoin OP codes – some of which are also enabled on Liquid. In this episode, he explains why he likes and prefers OP_CAT.
Feb 02, 2024•1 hr 16 min•Season 15Ep. 17
Paul Sztorc returns with a twist: he's talking about sidechains, rollups, BitVM, Lightning, and ever other scaling solution... but can't say the words "Drivechain" or "BIP 300". If he breaks the rule, he must send a Lightning transaction and drink vodka.
Jan 20, 2024•3 hr 33 min•Season 15Ep. 16
Aaron van Wirdum is a veteran Bitcoin journalist who has been writing for Bitcoin Magazine since 2014. On January 3rd 2024, after nearly five years of working on this project, he launched The Genesis Book: a reflection on the history before Bitcoin.
Jan 12, 2024•1 hr 16 min•Season 15Ep. 15
Nicolas Dorier talks about the early days of BTCPay Server, activating SegWit before it was cool on NBitcoin, contributing to TumbleBit, writing a book about coding Bitcoin projects in C#, and working with colored coins.
Dec 31, 2023•1 hr 53 min•Season 15Ep. 14
