Coin Stories Bob Burnett: Block Space Scarcity and the Need For Layer 2s to Scale
Sep 14, 2023
Bob Burnett, CEO of Barefoot Mining, discusses block space scarcity, the need for layer 2 scaling solutions like Lightning, and the potential increase in block fees. They explore the importance of securing wealth and promoting societal fairness with Bitcoin for boomers.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7
Introduction
00:00 • 2min
Growing Up in Wisconsin and Designing Laptops
01:56 • 17min
Transition from Ethereum to Bitcoin Mining Operations and Discovery of Scarcity
18:27 • 4min
Scarcity of Block Space and the Need for Layer 2 Scaling Solutions
22:50 • 13min
Mining Pools and Transaction Processing
36:16 • 5min
Block Space Scarcity and Layer 2 Solutions
40:55 • 17min
Bitcoin for Boomers: Protecting Wealth and Building a Better Future
57:37 • 5min