An emergency back door that everyone thought was nailed shut has actually been like swinging open once in a while for no reason. The particular u t x o that i found a stayed spendable for about forty minutes, then there's also no after that, you have to wait for six confirmation. So call it an hour and a half total. Were these particular eight hundred and seventy b t c that i found were at risk? Wy, why wait for six confirmations? It's just responsible rule of them a consider like an attacker trying to double spend that transaction actively,. A six is a reasonable rule of thumb for it being very difficult to double spend. O e kesso, you include...
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.