Bitcoin Manipulation, Incentives, and Scripting Design

I'm joined by guests Andrew Poelstra, Rob Hamilton, and Rijndael to discuss OP_CAT.

Discussion Topics

• 00:00:50 Guest introductions
• 00:01:13 Overview of OP_CAT
• 00:02:47 History of OP_CAT
• 00:08:48 Technical explanation of OP_CAT
• 01:00:31 Issues with existing complexity
• 01:02:05 OP_CAT versatility and product market fit
• 01:06:07 Complexity of interactive protocols
• 01:10:05 Analogies, historical challenges and solutions
• 01:19:27 Risks and safe engineering of OP_CAT
• 01:24:03 Bitcoin economics and technicals vs Ethereum
• 01:38:39 Drivechain history, economic incentives and attacks
• 01:51:59 What you can do with OP_CAT
• 02:00:59 Script restoration
• 2:09:40 Activation strategies
• 02:23:00 Closing remarks

Links & Contacts

• ⁠⁠⁠Website⁠⁠⁠: https://bitcoin.review/Podcast
• ⁠⁠⁠Substack⁠⁠⁠: https://substack.bitcoin.review/
• ⁠⁠⁠Twitter⁠⁠⁠: https://twitter.com/bitcoinreviewhq
• ⁠⁠⁠NVK Twitter⁠⁠⁠: https://twitter.com/nvk
• ⁠⁠⁠Telegram⁠⁠⁠: https://t.me/BitcoinReviewPod
• ⁠⁠⁠Email⁠⁠⁠: producer@coinkite.com
• Nostr & LN:⚡nvk@nvk.org (not an email!)

Full show notes: https://bitcoin.review/podcast/episode-69