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.
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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
I talk with Roberto Osegueda, a Salvadorian living here in New Zealand. We talk about Roberto's experience growing up in El Salvador among the backdrop of the civil war and gang violence, and how the country has managed to massively change its image over the last few years for the better. El Salvador adopted Bitcoin as legal tender in September 2021 and Roberto shares a very
I talk with Rob Clarkson, a Bitcoin Educator and Merchant Adoption Facilitator based in Queenstown, New Zealand. We talk about Rob's work running workshops, helping people get their first sats and even buying their first coffee with Bitcoin. We also discuss merchant adoption and what the opportunities are for this in New Zealand.
In this group chat we talk about the new RBNZ Issue paper on the future of money, point of sale hardware experiments on the Lightning Network, and how New Zealand government and business can be educated about the role of Bitcoin. We also discuss improved ways to bring about retail adoption and get Bitcoin into the hands of kiwis, along with a whole lot more!
Roland Bewick is a kiwi Bitcoiner and Lightning Developer working on Alby and Lightsats. We talk about Roland’s background and how he become involved in Bitcoin, how value4value and new kinds of revenue models for creators could work in the future, as well as the other possibilities that Bitcoin enables as the money of the internet.
I talk with Brad Henderson, a Power System Engineer and Head of Engineering and Design at ElectroNet, a New Zealand-owned consultancy firm. Brad share some exciting details about a new Bitcoin mining facility that his firm has been involved with on the West Coast of New Zealand. We discuss what energy sovereignty might mean for New Zealand, including the importance of electrifying the economy and how Bitcoin mining and solar power may help create energy abundance.