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Stephan Livera Podcast
A Shift in Bitcoin Developer Thought? with Brandon Black (aka reardencode) SLP573
May 10, 2024
Brandon Black (aka reardencode), Bitcoin developer, discusses recent covenant proposals and the shift in Bitcoin developer thought post Bitcoin++ conference. Topics include covenant proposals, Great Script Restoration, potential side effects, and the importance of good engineering in Bitcoin development.
56:45
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Quick takeaways
- Debates at BTC++ conference focused on covenant proposals' expressiveness and scalability implications for layer two protocols.
- Efficient fee structures within proposed covenant solutions raised concerns regarding handling fees for transaction closure.
Deep dives
Bitcoin Covenant Proposals Discussed at BTC++
The BTC++ conference featured discussions on various Bitcoin covenant proposals, including LN-Hands and OpCats. Different proposals like LN-Hands and OP-CAT were evaluated based on their hashing modes and trade-offs for covenant implementation. The conference highlighted debates on the expressivity needed for layer two protocols to enhance Bitcoin scalability. Concerns were raised about minimalistic vs. complex covenant mechanisms and their implications for layer two scalability.
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