Unchained

Unconfirmed: How Taproot Could Improve Bitcoin -- If It Gets Adopted - Ep.243

Jun 4, 2021

Jeremy Rubin, a Bitcoin Core contributor and founder of Judica, dives into the transformative potential of Taproot. He explains how this upgrade can enhance Bitcoin privacy and efficiency, particularly through improved multi-signature transactions. Rubin discusses the implications for on-chain analytics and how Taproot could revolutionize wallet functionality, enabling features like vaults. He also touches on the complexities of miner signaling and the balance between network upgrades and user interests, all while celebrating the vibrant atmosphere of the Miami Bitcoin Conference.

42:58

Creator website

Episode guests

Jeremy Rubin

AI Chapters

Episode notes

Intro

2min

Unleashing Taproot: Enhancing Bitcoin Privacy

10min

Exploring Taproot's Role in Bitcoin Vault Functionality

5min

Understanding Merkle Trees and Bitcoin's Taproot Upgrade

13min

Shifting Paradigms in Bitcoin Mining and Regulatory Landscape

6min

Bitcoin Updates and Crypto Trends

7min

Jeremy Rubin, a Bitcoin Core contributor and founder of Judica, a Bitcoin R&D Lab, joins Unchained from the Miami Bitcoin Conference (2021) to discuss all things Taproot. Show highlights:

a general update on the Miami Bitcoin Conference
what Taproot will do for the Bitcoin network
how Taproot will make Bitcoin transactions more private
what effect Taproot might have on on-chain analytics companies
what parts of Bitcoin transactions will be public if/when Taproot goes live
what new wallet features Taproot will unlock for Bitcoin
how Bitcoin vaults might work
a user-friendly definition of MASTs (Merklized Abstract Syntax Tree)
how Taproot signaling works
when/if Taproot will lock-in
why network updates strain the relationship between miners and users

Thank you to our sponsors!

Crypto.com: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2021

Tezos: https://tezos.com/discover?utm_source=laura-shin&utm_medium=podcast-sponsorship-unconfirmed&utm_campaign=tezos-campaign&utm_content=hero

NEAR: https://near.org

Episode Links:

Jeremy Rubin

Twitter: https://twitter.com/JeremyRubin
Judica: https://judica.org/
Personal website: https://rubin.io/

Taproot

Signaling status of Taproot: https://taproot.watch/
Bitcoin Magazine on Taproot: https://bitcoinmagazine.com/technical/taproot-coming-what-it-and-how-it-will-benefit-bitcoin
Why Taproot matters: https://www.coindesk.com/bitcoins-privacy-and-scaling-tech-upgrade-taproot-just-took-a-big-step-forward
Marathon lifts block mining censorship: https://www.coindesk.com/marathon-wont-censor-bitcoin-transactions-says-mining-ceo

MASTs: https://bitcointechtalk.com/what-is-a-bitcoin-merklized-abstract-syntax-tree-mast-33fdf2da5e2f

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