Bitcoin Ossification Debate with Vijay Boyapati and Reardencode SLP583
Stephan Livera Podcast
Safety and Assurance in Bitcoin Upgrades
This chapter discusses the importance of safety and assurance in Bitcoin upgrades like SegWit, Taproot, CTV, and the great script restoration, emphasizing thorough engineering techniques, community review, and validation. The debate on Bitcoin's ossification, Miner Extractable Value (MEV), Automated Market Makers, drive chain hash rate escrow, and L1 decentralization concerns is explored, along with the vulnerability of Bitcoin to MEV and the need for avoiding enabling features. The chapter also touches on potential changes like CISA, simplicity, and Great Script Restoration, considering decentralization and advancements in cryptography.
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