#
45
80
Minutes
October 13, 2023

Overview of Eltoo, Covenants, and Vaults on Bitcoin with Rob Clarkson

Where to Listen To This Episode:

Listen on FountainListen on SpotifyListen on Apple PodcastsListen on Apple Podcasts
Listen on Fountain

Show Notes

I talk with Rob Clarkson about scaling Bitcoin’s Layer 2 Lightning protocol, and how changes happen to Bitcoin more generally.

Rob provides a technical introduction to some of the proposals such as ELTOO, APO, CTV, and we talk a bit about what covenants and vaults mean in Bitcoin. 

Now I am still trying to work a lot of this out for myself and Rob does well to break it down and explain it. Even though these are quite advanced topics I think it is important to have the discussion and work together to understand what proposed changes to Bitcoin might mean and what the dangers and opportunities are.

Show Sponsors

⁠⁠⁠⁠⁠⁠⁠⁠⁠Swarbricks⁠⁠⁠⁠⁠⁠⁠⁠⁠ - New Zealand's first law firm to accept Bitcoin for legal services (https://www.swarbricks.co.nz/bitcoin)

Connect with The Transformation of Value

Follow me on twitter at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://twitter.com/TTOVpodcast⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

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If you send a donation please email or DM me so I can thank you!

Links:

Rob Clarkson on Twitter - ⁠https://twitter.com/r0bertclarkson⁠

Eltoo paper - ⁠https://blockstream.com/eltoo.pdf⁠

Kiwi Bitcoin Guide - ⁠https://kiwibitcoinguide.org/⁠

SIGHASH_ANYPREVOUT - ⁠https://bitcoinops.org/en/topics/sighash_anyprevout/⁠

Arc Layer 2 Protocol - ⁠https://brqgoo.medium.com/introducing-ark-6f87ae45e272⁠

Covenants - ⁠https://bitcoinops.org/en/topics/covenants/⁠

Base 58 - ⁠https://base58.info/⁠

Breez SDK - ⁠https://breez.technology/sdk/⁠

Year 2106 problem in Bitcoin - ⁠https://bitcoin.stackexchange.com/questions/7393/what-will-happen-when-the-time-field-wraps-around

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