We Study Billionaires - The Investor’s Podcast Network BTC242: Bitcoin Core Vs. Knots w/ NVK (BItcoin Podcast)
31 snips
Jul 9, 2025 
NVK, a Bitcoin expert and founder of Coinkite, shares his insights on Bitcoin's future and core development. He discusses the evolution from Satoshi's original code to Bitcoin Core and the intriguing differences with Bitcoin Knots. The conversation touches on the controversy surrounding GitHub governance and potential changes to transaction limits. NVK also highlights Nostr's revolutionary potential for decentralized identity management and AI communication, while emphasizing the importance of self-custody solutions in securing Bitcoin.
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Bitcoin Mining Incentives Sustain
- Bitcoin's mining incentives will sustain if the price doubles as projected, even after block reward halvings.
- Fee spikes are unpredictable, but the base layer will likely remain less congested due to layer two solutions.
Bitcoin Code as Spec
- Bitcoin protocol lacks a formal spec; the code itself acts as the specification.
- Satoshi's original code was rough but the economic design is brilliant.
Bitcoin Knots & Patched Core Usage
- Luke Dasher forked Bitcoin Core into Bitcoin Knots, keeping consensus aligned.
- Mining pools sometimes run patched versions of core with custom mempool policies.