Citadel Dispatch

An expert in Bitcoin-powered Chaumian ecash discusses the history of ecash, lightning network benefits, potential for ecash in corporate infrastructure, scaling solutions, and more. Topics include the future of ecash, better bitcoin custodians, soft forks, VC conspiracies, and the interoperability of lightning network as a payment protocol.

Discussion on the simplicity and benefits of using Bitcoin, comparison to credit card fees, empowering individuals through decentralized money, potential for increased purchasing power, resistance to change, savings vehicle, challenges with centralized entities, and the concept of a circular economy.

Bitcoin's dual role as currency vs store of value, lightning tech updates like taproot channels, scaling challenges, stablecoins impact on Bitcoin, importance of non-standard transactions, need for transparent accelerator services, discussion on preventing centralization in mining, innovative projects like bolt12 and Bitkey hardware wallet

Topics include scaling Bitcoin challenges, lightning opportunities, Phoenix in ACINQ, earning bitcoin, differences between bitcoin and ecash, importance of clear communication, building on bitcoin excitement, and more.

The podcast delves into topics like nostr, client tradeoffs, chaumian ecash, and the future of decentralized platforms. It discusses challenges in community growth, relay selection, lightning node clients, and funding open-source projects. The conversation also covers social signals, transparency in grant approvals, and NPUB.cash for lightning transactions.

The podcast discusses home Bitcoin mining and the Apollo 2 miner. It emphasizes the importance of decentralization in mining to protect against manipulation. The development of Bitaxe mining hardware and its dependency on Bitmain chips is explored. The speakers share their experiences at an event in South Carolina and discuss mining centralization, censorship, and small miners' significance. They express excitement for an upcoming interview and talk about scarcity in the mining space.

Miljan from Primal discusses building a mainstream Nostr client and integrating a bitcoin wallet. They explore the focus of Nostr on bitcoin and the popularity of zaps. They also discuss the satisfaction of Lightning payments, the decision between custodial and non-custodial wallets, and Apple's stance on zaps. The podcast highlights the accessibility of Nostr, the importance of censorship resistance, and personal experiences with hyperinflation.

Host welcomes Adam and Cole to discuss Bitcoin circular economies and merchant adoption. They talk about updates in coin OS, including liquid support and experimenting with liquid atomic swaps. They discuss Liquid's lack of adoption and compare fees of Bitcoin and Liquid. They highlight advantages of using CoinOS as a mobile wallet. They discuss challenges of implementing dark mode and importance of community support for merchant adoption. They explore the concept of accepting payments using Bitcoin and its impact on circular economy. They highlight the importance of bitcoin meetups as valuable assets for local communities. Hosts discuss top boosts on Podcasting 2.0, express gratitude to their audience, and encourage listeners to try Coinos and share the show.

Evan Kaloudis, an expert in making freedom money easy to use, discusses interesting topics such as the challenges of including music in podcast feeds, the upcoming cycle of the bear market, disappointment with Twitter, the release of Zeus version 0.8.0 beta one, the significance of noster keys in Zeus easy mode wallet, privacy discussion, trade-offs in technologies, and the Phoenix wallet.

support dispatch: https://citadeldispatch.com/donate  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ EPISODE: 112BLOCK: 809610PRICE: 3813 sats per dollar TOPICS: using HSMs to reduce lightning hot wallet riskproject website: https://vls.technostr live chat: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://citadeldispatch.com/stream⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠nostr account: ⁠https://primal.net/odell⁠youtube: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/@citadeldispatch⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠podcast: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.podpage.com/citadeldispatch⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠stream sats to the show: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.fountain.fm/(00:00:30) Introduction to Citadel Dispatch and the topic of improving the security of Lightning Nodes(00:01:25) Background of Ken and his experience in Bitcoin and custody(00:09:52) Discussion on the hot wallet risk issue in Lightning Nodes and the need for additional signing mechanisms(00:14:36) Explanation of HSMDs (Hardware Security Module Daemons) and their role in securing hot wallets(00:20:08) Discussion on the vulnerabilities in Lightning Nodes and the need for improved security(00:28:07) Exploration of different use cases for VLS, including enterprise, consumer, and small retailer applications(00:39:46) Importance of open source and decentralization in the development of VLS(00:42:46) Status update on the progress of VLS and its collaboration with other projects(00:46:09) LND's signing abstraction and adaptation challenges(00:46:37) Effort to connect LND to VLS(00:47:06) Node integration and additional information(00:47:50) Adding hints to wallet addresses(00:49:03) Critical messages for VLS(00:49:31) Buy-in from maintainers of implementations(00:50:09) Anticipating a killer app for Lightning(00:52:50) Preparing for scaling and security issues(00:56:48) The vision of a plug-and-play Lightning node(01:00:38) Value for value and micro paywalls(01:04:30) Use cases for Nostr(01:09:53) Contributors and contact information