Witcon is rapidly becoming the crypto version of australian wild life. The federations are as secure as it gets. It's past time we walked out and asked our neighbors what they're up to. Lightning is much more complex than it needs to be. And its complexity is leading to a bunch of arcane attacks on the memory pool logic, and leads to lightning being insecure for small payments because it's insecure for anything less than a transaction fee....
In this episode, Su and Hasu are joined by James Prestwich, one of the leading technical experts and thinkers in this space.
Topics covered:
- What is Blockstream Liquid
- The bug James found
- Disclosure and aftermath
- Sidechains, channels, plasma, and rollups
- How Bitcoin isolates itself from innovation happening on other chains (recommended reading)
- Bitcoin in DeFi
Su Zhu is the CEO and CIO of Three Arrows Capital.
Hasu is a cryptocurrency researcher and writer.
Together, they publish on Deribit Insights and uncommoncore.co.