Drivechains For Miners? Exploring Layer 2’s | Layer 2 Labs | The Mining Pod

The Mining Pod | Blockspace Media

Dec 23, 2022•46 min•Ep. 131

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Episode description

On today’s show, we are joined by Paul Sztorc and Austin Alexander of Layer 2 Labs, a new Bitcoin company that raised $3 million to bring sidechains to the Bitcoin network.

https://layer2labs.com/

https://twitter.com/LayerTwoLabs

Paul Sztorci: https://twitter.com/Truthcoin

Will Foxley: https://twitter.com/wsfoxley

SPONSOR

https://foundryacademy.com

Enhance your ASIC education with hands-on courses offered by Foundry. Led by industry-veteran instructors, Foundry’s Mining Technician academy programs cover a range of topics - from identifying issues and troubleshooting common hardware failures, to coursework exploring bitcoin’s global impact.

TIMESTAMPS:

00:00 Start

01:10 Intro

01:44 Who is Paul?

02:50 Who is Austin?

04:33 ETH & Zcash on drivechains

07:10 What is merge mining?

10:08 The history of sidechains

20:49 Liquid vs sidechains

26:18 Cultural pushback against drivechains

32:53 Other scaling ideas

36:45 The BIP process

42:16 Wrap up

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