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Stephan Livera Podcast
Great Consensus Clean up, MEVil and LN isn’t dead - Steve Lee and Matt Corallo SLP565
Apr 18, 2024
Steve Lee and Matt Corallo of Spiral discuss the Great Consensus Clean Up in Bitcoin, MEVil, implications for miner centralisation, and address Lightning Network rumors. They highlight the importance of bug fixing, MEV concerns, and the continued relevance of Lightning Network in the Bitcoin ecosystem.
01:03:59
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Quick takeaways
- Fixing bugs with 'Great Consensus Cleanup' proposal improves Bitcoin's protocol reliability.
- MEVel poses risks of miner centralization, emphasizing concerns over Minor Extractable Value dynamics.
Deep dives
The Great Consensus Cleanup Proposal
The podcast discusses the 'Great Consensus Cleanup' proposal by Matt Corallo from 2019, which aims to address significant bugs in Bitcoin. The proposal emphasizes the importance of fixing issues known for a long time but not previously prioritized. The discussion delves into the relevance of the proposal in the context of soft forks and potential improvements in Bitcoin's protocol.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode