The Importance of Clarity in the Language

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The SPDC impact wouldn't be there unless it was a different type of above where the SPDC specific information is corrupted. So, just like very specific on this bug, it would not trigger because it did not trigger some of the other functionality that was using the STX supplier as a lock or is it not locked? That's one thing. But I do think that the theoretical attack vector, that what if the knowledge of the protocol for what the when the supply lock does gets corrupted? I think this bug wouldn't have done it, but it is it is theoretically possible that it can be done.

Muneeb Ali joins us to discuss how Stacks is bringing DeFi to Bitcoin. We cover Stacks design, the Bitcoin DeFi thesis, L2 security guarantees, Stacks' recent implementation bug and more!

And as usual, we start the episode with our analyst bullpen to discuss Aave's GHO, TradFi announcements, Optimism's Bedrock, Frax governance shenanigans and BitDAO.

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Timestamps:

(00:00) Introduction

(00:55) Hot Seat/Cool Throne

(27:19) Interview Start: Stacks

(42:22) The Proof-of-Transfer Mechanism

(46:55) The Nakamoto Release: A Security Budget Upgrade

(53:21) The Bitcoin DeFi Thesis

(57:49) Bitcoin Subnets

(1:01:10) The “Stack Increase” Bug

(1:17:15) Bitcoin MEV and Censorship

(1:25:03) Increasing Miner Competition

(1:28:37) Reorg Concerns and Orphan Blocks

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Resources:

Stacks

https://www.stacks.co/

Stacks Roadblocks (Blockworks Research Twitter thread)

https://twitter.com/blockworksres/status/1659228801384194049

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