We Study Billionaires - The Investor’s Podcast Network cover image

BTC145: Adam Back on Drivechains, Mining Hardware, & L1 scaling w/ James Macedonio (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Navigating Bitcoin's Scalability Challenges

This chapter discusses the complexities of scaling Bitcoin, focusing on layer one considerations and the potential of drivechains as a solution. The conversation highlights the importance of maintaining decentralization and censorship resistance while exploring sidechains, particularly in relation to miners' incentives. Additionally, the chapter touches on the evolution of Bitcoin scripting capabilities and the implications of opcode updates for enhancing Bitcoin's functionality.

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