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LayerTwo Labs
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LayerTwo Labs Spaces
What Is Pleb Slop? Bitcoin's Media and Lightning Wars | L2L Spaces | 2025-10-31
Paul Sztorc, Michael Tidwell, Richard Greaser of Bugle News, and Rod Palmer debate what pleb slop means. The Bugle crew says it is not simply low-effort humor but the flood of predictable, low-self-awareness content that dominates Bitcoin media and turns plebs into an activated marketing base. They distinguish harmless pleb slop from weaponized pleb slop and argue that the audience is repeatedly funneled away from technical understanding. The group uses that frame to revisit the Bitcoin Standard, Austrian economics, Ordinals, Lightning, Michael Saylor, Treasury companies, What Bitcoin Did, and sound-money slogans. Paul connects the phenomenon to Lightning's custodial drift, Taproot's...
2026-09-14
1h 43
LayerTwo Labs Spaces
Quantum Computing: Bitcoin's Bane or a VC Narrative? | L2L Spaces | 2025-07-25
Isabel Foxen Duke moderates a quantum-computing debate with Robin Linus, Hunter Beast, Ethan Heilman, Rearden, and Jameson Lopp. Robin rates the current threat at zero: quantum computers have not demonstrated useful computation, Shor's algorithm remains impractical, and error-correction advances have not yet produced scaling. Hunter says Bitcoiners need not panic today but should have a credible post-quantum plan, while Ethan argues for mitigation as risk reduction and a way to avoid a panic-driven emergency fork. Rearden is skeptical that the threat exists but supports BIP 360 as optional pay-to-taproot-hash functionality. Jameson rates the ecosystem risk around seven because Bitcoin's slow governance...
2026-09-14
1h 35
LayerTwo Labs Spaces
Bitcoin Miners, the EIA Survey, and the L2 Debate | L2L Spaces | 2024-02-16
Nick Hanson of Luxor, Will Foxley of The Mining Pod, Brian Rudick of GSR, and later James McAvity join the Mining Pod takeover. The group debates what counts as a Bitcoin L2 and whether rollups really add scaling or just throughput. Will argues most current L2 projects are LARPs without a trustless exit or a consensus change, while Nick points to Babylon, Botanix's Spiderchain, and BitVM-based Citrea as the more interesting experiments. The conversation then turns to the U.S. Energy Information Administration's compulsory mining survey: miners describe the short compliance deadline, privacy concerns, legal challenges, and suspicion that the...
2026-09-14
58 min
LayerTwo Labs Spaces
Citrea BitVM Debate, Rollup Trust, and Wrapping Bitcoin Core | L2L Spaces | 2024-02-09
This LayerTwo Labs Space opens as a Citrea confrontation after Super Testnet called the project a scam. Orkun of Chainway Labs describes a Turkey-based team that moved from a client-side validated design to a BitVM-backed ZK rollup that inscribes state diffs on Bitcoin and verified Groth16 in BitVM. Super Testnet retracts the charge after accepting that ZK-proven execution plus a BitVM verifier already exist, while still criticizing Bitcoin as a data dump. Eric Wall defines a rollup as L1 data plus off-chain execution and argues BitVM bridges are 1-of-n, not classical rollups. After a restart, Super Testnet outlines Unisob, a...
2026-09-14
4h 13
LayerTwo Labs Spaces
BitVM, Lightning's Limits, and Quantum Fears With Robin Linus | L2L Spaces | 2024-01-26
Robin Linus returns to talk through BitVM's first release: a toy version promised within days, built on a RISC-V virtual machine, with a federation whose single operator risks slashing and a JavaScript prototype destined for a Rust rewrite. Paul Sztorc presses on the things BitVM is meant to make unnecessary — Michael Folkson's pull request and UTXO pollution, the politics that drive careful developers away, and Lightning, where HTLC enforcement and channel opens force large amounts of capital to be committed before a pool can pay a miner. The two sketch how payments might route between a handful of large sidechains th...
2026-09-14
2h 03
LayerTwo Labs Spaces
Soft Fork Myths and a BIP 300 Signet, With Udi Wertheimer | L2L Spaces | 2024-01-05
Paul Sztorc hosts a Friday hangout with Udi Wertheimer on stage, opening on the week's two stories: the spot ETF and a strong run for ordinals, with BlackRock's unilateral-fork wording read as ordinary legal leeway rather than a rug risk. Paul then spends much of the hour arguing that the belief that soft forks require consensus was never true, tracing the 2012 invention of the soft fork, the Polish-veto problem of letting any one percent block everything, the twenty months SegWit took against Taproot's forty-six, and mining pools whose hashers never knew what they were signaling. He also announces a global...
2026-09-14
58 min
LayerTwo Labs Spaces
Miners, CTV, and Drivechain With Paul Sztorc and James McAvity | L2L Spaces | 2023-12-22
Paul Sztorc and James McAvity open a LayerTwo Labs Space on CTV, arguing that Jeremy Rubin's treatment shows Bitcoin's soft-fork process is broken, then walk through batched-payout covenants, onboarding limits, and vaults. James, speaking as a miner, says public Western firms now dominate hash rate, pools rather than hashers set templates, and Peter Todd's solar-decentralization critique ignores seven-figure scale. After BIP16/P2SH history and a Lightning fee-revenue debate, a listener asks how sidechains could proceed without Bitcoin Core merges; Paul sketches a filter tray on unmodified Bitcoin Core that would enforce BIP 300. James leaves, then Paul walks RJ through...
2026-09-14
3h 23
LayerTwo Labs Spaces
Drivechain Talk with Paul Sztorc and Rootstock's Sergio Lerner | L2L Spaces | 2023-12-15
Paul Sztorc waits through Christmas music for Sergio Lerner, then they talk Argentina's new government, Lemon Wallet adoption, and financial inclusion as a sidechain use case. Sergio traces the stalled 2015 Blockstream sidechain paper to Drivechain as, in his view, the only theoretically workable decentralized peg, and argues that without sidechains Bitcoin becomes an expensive settlement network for large holders. They separate BIP 300 from BIP 301, argue against miner-node criticism associated with Peter Todd, and discuss MEV, Sergio's unpublished BitChain bidding chain, and hashrate escrows as a failsafe over federated pegs. After a question on whether Rootstock would become a drivechain, listeners...
2026-09-14
2h 28
LayerTwo Labs Spaces
Antoine Riard on Lightning Limits; Drivechain Q&A with Paul Sztorc | L2L Spaces | 2023-12-08
Paul Sztorc talks Lightning with Antoine Riard, then takes Drivechain questions after Riard leaves. Riard traces Lightning from BitcoinJ channels to liquidity, key-management, and on-chain timing problems, and walks through a timeout attack that can drain a routing node. He says only ten or fifteen people understand Lightning end to end, that flood-and-loot is a protocol issue Phoenix cannot fix, and that he is stepping back. Listeners ask whether high fees make Lightning custodial, how Drivechain's BIP 300 / BIP 301 peg behaves, whether BitVM shares Lightning's optimistic model, and how Ocean's ordinals policy transfers fees to other pools. Sztorc argues Drivechain deposits...
2026-09-14
3h 10
LayerTwo Labs Spaces
BitVM's Limits and BIP 300's Advance-Warning Defense | L2L Spaces | 2023-11-24
Paul Sztorc and Super Testnet ask why BitVM sucks and spend the episode separating useful innovations from practical limits. Super says BitVM's validator set is hard to expand after setup, its off-chain computation can require enormous data transfer, and a 51% miner can interfere without giving users much warning. Paul argues BIP 300 is stronger because withdrawals take time, miners visibly vote, and users can identify and pressure pools before an attack succeeds. Super proposes mitigation paths including time-locked withdrawal blobs, re-signing validators, and a derivative contract with existing validators, while both discuss covenants, CTV, OP_CAT, and activation politics. Robin Linus...
2026-09-14
1h 34
LayerTwo Labs Spaces
Paul Sztorc on Sidechain Fees, Ordinals, and BitAssets | L2L Spaces | 2023-11-10
Paul Sztorc takes questions on how Drivechain can lower transaction fees and where Ordinals fit. He explains that sidechain block space can be far cheaper than L1 even though every sidechain coin must originate from an L1 deposit, and he discusses cross-sidechain swaps through HTLCs and shared software. A caller asks whether Ordinals can move to a sidechain; Paul says yes and describes the BitAssets sidechain, which already supports UTXO-based assets and could index Ordinals so existing users are not left behind. He argues the attention around Ordinals is bound up with fee pressure, Lightning channel closures, and anxiety over...
2026-09-14
35 min
LayerTwo Labs Spaces
Paul Sztorc on BIP 300, Syscoin, and Lightning Scaling | L2L Spaces | 2023-11-03
Paul Sztorc joins a LayerTwo Labs Space with Syscoin Foundation speakers Bradley and Jagdeep Sidhu. They describe merge-mined Syscoin as a UTXO-plus-EVM stack with Rolex optimistic rollups, optional chain-lock finality, and SYS rather than BTC for fees. Paul separates BIP 300's slow BTC deposits and withdrawals from BIP 301 merge mining, then explains Drivechain withdrawals and why L1 should ignore L2 state. Asked why Drivechain never activated, he points to the scaling war, a missing Bitcoin Core pull request, and critics who treat cheap mining like cheap nodes. Callers challenge Lightning as global electronic cash, covering flood-and-loot, HTLC court costs, and...
2026-09-14
3h 55
LayerTwo Labs Spaces
Paul Sztorc Replies to Peter Todd's Drivechain Analysis | L2L Spaces | 2023-10-27
Paul walks a LayerTwo Labs Space through Peter Todd's paid Drivechain analysis, skipping recent Lightning news to dispute fraud proofs, BIP 300 hash-rate escrow, BIP 301 blind merge mining, and the claim that miners must run every drivechain node. He argues Namecoin-style equivocation does not apply, that reorgs already invalidate some transactions, and that higher fee revenue is not the same as a high L1 fee rate. Callers say ordinals already crowd L1, that a good idea still needs a narrative, and that a miner-activated Drivechain soft fork would meet a user-reject campaign. Later talk covers whether inscriptions would leave L1, OP...
2026-09-14
3h 51
LayerTwo Labs Spaces
L2L Sidechain Extravaganza: BitVM, Drivechain & Spiderchain | L2L Spaces | 2023-10-20
A LayerTwo Labs Friday Space compares BitVM, Drivechain, and Spiderchain. After tabling Lightning channel-jamming news, speakers explain BitVM as a funded L1 challenge-response, using a chess wager, then a prover and many verifiers for a two-way peg that needs one honest party. Willem Schroe presents Spiderchain as sequential decentralized multisigs over a large staker set, with claimed forward security so a two-thirds takeover can halt the chain without stealing older coins. He walks through Botanix bridge deposits, slashing, and 51% miner risk. Later they cover BitVM verifier deposits, state-transition binary search, liveness versus safety, and atomic swaps in front of a...
2026-09-14
2h 14
LayerTwo Labs Spaces
BitVM, Drivechains, and the Fight for a Trustless Peg | L2L Spaces | 2023-10-13
Super Testnet takes over the LayerTwo space to explain BitVM and compare it with Drivechain. He describes BitVM as an off-chain virtual computer whose disputed results can be adjudicated on Bitcoin, traces its origin with Robin Linus and ZeroSync, and explains the two-party prover/verifier challenge game. He then compares three sidechain designs BitVM might support: rollups, SPV sidechains, and improved federations such as the Sentry Peg. Super argues Drivechain is better than the SPV and rollup alternatives because miner votes on withdrawals are visible in Bitcoin and censorship has a consensus-level alert path; federations still require trusting named participants...
2026-09-14
4h 17
LayerTwo Labs Spaces
Paul Sztorc on Drivechain Critiques, BIP 300 Votes, and Inscription Fees | L2L Spaces | 2023-10-06
Paul Sztorc and Moon Settler open this LayerTwo Labs Space on Drivechain critiques of blind merge mining: pool-size risk, searcher MEV, and whether L1 bids can be atomic with sidechain payouts. Sztorc answers with pool hopping, modest node costs, Liquid comparisons, and BIP 301 auctions. A Bitcoin Magazine article on miner votes and regulation follows; he says BIP 300 withdrawals are one automatic hash per three-month epoch, miners can collect zSide fees without running its node, and Bitcoin needs a politically subversive edge. Later, Alex argues recursive inscriptions have already started a fee market since April 23 and will not leave Bitcoin L1...
2026-09-14
6h 42
LayerTwo Labs Spaces
Drivechain, Prediction Markets, and the Fight Over Bitcoin's Future | L2L Spaces | 2023-09-29
Paul Sztorc leads a four-hour Drivechain discussion that ranges from his dispute with Peter Todd over merge-mined sidechains to practical questions about how BIP 300 would work. He argues that full-node costs matter to users but not to miners, that sidechains are an opt-in change rather than a forced L1 upgrade, and that users should be able to choose among different security and privacy models while keeping Bitcoin as the unit of account. The conversation explores prediction markets and HiveMind, Zcash privacy, BitAssets, colored coins, the launcher, and the case for cloning successful altcoin functionality onto Bitcoin. Callers ask about SpiderChain...
2026-09-14
4h 10
LayerTwo Labs Spaces
Paul Sztorc on BIP 300 Drivechains, Fees, and Sidechain Software | L2L Spaces | 2023-09-22
Paul Sztorc hosts a LayerTwo Labs Space on Drivechain, calling BIP 300 a small opcode that counts 13,000 blocks and a low-risk experiment even if Bitcoin could succeed without sidechains. Callers discuss ordinals as a fee-market floor, raising the OP_RETURN standardness limit, whether a fee-pocalypse would last, and Miguel's argument that BIP 300 lets Bitcoin Core ossify while testing ideas and dividing sats. Paul explains the three-to-six-month withdrawal window, the withdrawal hash, 90% slot votes, and security as fees versus stealable coins. After he leaves, remaining speakers compare Drivechain to Liquid and RGB, argue merge-mined fees could fill a post-halving security budget, and...
2026-09-14
5h 16
LayerTwo Labs Spaces
Drivechain Q&A with Paul Sztorc on BIP 300 and BIP 301 | L2L Spaces | 2023-09-15
Paul Sztorc hosts a LayerTwo Labs Q&A on Drivechain, BIP 300, and BIP 301. He explains test software that sends Bitcoin to separate L2s, including a Zcash-like privacy chain or an Ethereum clone, with a bridge that fails only if more than 75% of hash rate does a visible mis-withdrawal over three to six months. Callers cover BIP 301 blind merge mining, three-month withdrawal capsules, L1 congestion, receiving Drivechain coins without a Lightning-style open, and why he prefers new sidechain blockchains over sovereign rollups that park data on Bitcoin. In later hours he covers mining-pool pie charts, OP_NOP5 deposits, Block Size...
2026-09-14
3h 28
LayerTwo Labs Spaces
Pete Rizzo on Drivechain, maximalism, and Bitcoin consensus | L2L Spaces | 2023-09-08
Henry of LayerTwo Labs hosts Pete Rizzo of Bitcoin Magazine while Paul Sztorc debates Peter Todd at TABConf; Austin joins later. Pete maps two Bitcoin-only camps—one that wants to fulfill Satoshi's invention, including Drivechain and Ordinals, and one that treats Bitcoin as already complete—plus three fee-market views: no security-budget problem, developers assuming high future fees, and a proactive push to fill blockspace. He argues Drivechain stacks unfalsifiable beliefs and a consensus change, so proving it on another chain may work better than urgency appeals. Hosts counter that fees are a symptom: Bitcoin should be multi-chain, with one 21 million mone...
2026-09-14
1h 59
LayerTwo Labs Spaces
Drivechain, BIP 300 Activation, and Miner Incentives with Paul Sztorc | L2L Spaces | 2023-09-01
Paul Sztorc hosts a LayerTwo Labs Space on Drivechain, walking through BIP 300's long withdrawal gauntlet and BIP 301 blind merge mining, including L1 hash bids, Coinbase slots, atomic swaps, and why he thinks a failing sidechain would still clear near peg. Callers press miner-cartel, MEV, and ordinals analogies. After a tweet about miner interest, the room turns to activation: BIP-8 lockin-on-timeout, Taproot speedy trial, secret soft forks, and whether users can mount a URSF. Francis argues for a long public BIP-8 window; Luke Dashjr says Drivechain lacks consensus and miner-only enforcement would be a 51% attack. Shinobi then debates Paul for...
2026-09-14
7h 11
LayerTwo Labs Spaces
Drivechain Fees, BIP 300 Motivation, CTV, and Miner Signaling | L2L Spaces | 2023-08-25
This SztorcCenter Space starts with moonsettler on L1 fees, small blocks, and using BIP 300 and BIP 301 to bring MEV onto Bitcoin. Speakers then cover Bitcoin's already-perfect culture, oversimplified evangelism, and the CTV fight: review starts only at activation talk, bit 8 versus bit 9 derailed the debate, and ordinals-era high fees briefly revived covenant interest. Pierre Rochard calls ossification a myth and says BIP 300's motivation is economic illiteracy. He and Paul Sztorc argue over market-cap ratios, altcoins, Silk Road, and the two-way peg. After Pierre drops, a miner says pools ignore protocol talk; Paul reports a public Luxor signal for BIP 300. ...
2026-09-14
4h 21
LayerTwo Labs Spaces
Drivechain Activation, Soft Forks, and Miner Power | L2L Spaces | 2023-08-18
This LayerTwo Labs Space, later restarted after the original room dropped, examines how Drivechain would activate and who actually governs Bitcoin upgrades. Paul Sztorc and guests work through BIP 300 withdrawal scorekeeping, 51% versus 90% hash-power thresholds, the nuclear option of orphaning non-signaling blocks, blind merge mining, reversible activation, and whether miner-enforced soft forks leave older nodes secure. They also discuss security-budget pressure, sidechain governance, and candidate chains for privacy, large blocks, assets, and prediction markets. After the restart, Adam Back joins a discussion of Rootstock's hybrid peg, secret miner rules, SPV trade-offs, accidental chain splits, BIP 66, and early soft-fork coordination. The episode...
2026-09-14
7h 18
LayerTwo Labs Spaces
Drivechain, Miner Incentives, and the Large-Block Debate | L2L Spaces | 2023-08-11
This marathon LayerTwo Labs Space walks through Drivechain as optional Bitcoin L2: mainchain versus sidechains, miner fee capture, inflation-bug bank runs, sidechain upgrades, BitAsset issuance, BitNames, and fee markets versus fee rates. Paul Sztorc argues BIP 300 does not raise L1 block size, that sidechains lock BTC one-to-one rather than diluting supply, and that blind merge mining is the low-cost equilibrium that funds the security budget after halvings. Mid-episode questions cover first uses such as privacy, scale, and prediction markets, how miners choose which chains to merge-mine, node cost, and whether Drivechain is a hidden block-size increase. David Bailey compares BIP 300...
2026-09-14
7h 32
LayerTwo Labs Spaces
Drivechain Open Mic: Blind Merge Mining, Inflation, and Restaking | L2L Spaces | 2023-08-04
This LayerTwo Labs space is an August 4, 2023 open mic on Drivechain (BIP 300 and BIP 301). After a recap of last week's Adam Back recording, speakers debate Micah Warren's newly posted essay on blind merge mining: whether sidechain fee sniping, dollar-auction reorgs, and cheap block buying differ from proof of work, and whether inflation would be a tolerable substitute if merged mining is rejected. Paul Sztorc treats BIP 301's one-bid-per-sidechain-block rule as analogous to mining costs and argues hash-rate escrow demand already lifts Bitcoin's price, including via Rootstock and Liquid. Later, moonsettler outlines Bitcredit bills of exchange and credit-issued eCash as elastic...
2026-09-14
4h 48
LayerTwo Labs Spaces
Adam Back on Drivechain, Blind Merge Mining, and Ossification | L2L Spaces | 2023-07-28
Paul Sztorc and Adam Back spend three hours on why Drivechain still meets resistance: Bitcoin prefers simple win-win upgrades such as Schnorr and Taproot, while Drivechain is open-ended miner game theory. They cover modularity versus extension-block risk, the block-size war's hangover, Lightning and Fedimint trade-offs, drained altcoin bridges, and Drivechain's slow peg-out. CryptAxe walks through blind merge mining and BMM request transactions. Adam says BIP 300 could have given large blockers an opt-in sidechain; he wants covenants and Simplicity before ossification, and treats altcoins as a lottery rather than a feature race. Audience questions hit Simplicity as a free-for-all, miner-activated soft...
2026-09-14
3h 21
LayerTwo Labs Spaces
Drivechain Block Size Debate: Kurt Wuckert Jr vs Paul Sztorc | L2L Spaces | 2023-07-21
Paul Sztorc and BSV pool operator Kurt Wuckert Jr debate whether Bitcoin should keep small L1 blocks and put large blocks on Drivechain sidechains, or scale by raising the L1 limit. After Crypto Voyager cites Satoshi's data-center remarks and asks whether L2 storage still centralizes, Paul answers that Satoshi himself added the block-size limit, that Drivechain withdrawals are rare multi-month proposals, and that large blocks should sit at SPV security. Kurt likes sidechains and BIP 300 but prefers simple L1 scaling, treating cheap archival nodes as mostly symbolic and cheap votes that invite Sybil governance. They argue through a 700-versus-900 megabyte...
2026-09-14
3h 04
LayerTwo Labs Spaces
Drivechain Miner Power, MEV, and the Large-Block Sidechain Debate | L2L Spaces | 2023-07-14
Henry opens a LayerTwo Labs space on Drivechain, BIP 300, and BIP 301 with Paul. After inviting large-block critics, professor Micah Warren asks who can launch a sidechain, whether a celebrity could use miner custody, and whether votes on 256 slots add politics. Paul and Henry argue miners would maximize fees and Bitcoin's exchange rate, that layer-one users who do not deposit are unaffected, and that optional sidechains are less contentious than a mainchain block-size fight. Jay Berg says Drivechain tries to get consensus on every possible sidechain at once; he would rather list a few UTXO-style designs and warns that Ethereum-like MEV...
2026-09-14
3h 32
LayerTwo Labs Spaces
Drivechain Conversation with Bob McElrath on BIP 300 and BIP 301 | L2L Spaces | 2023-07-07
LayerTwo Labs hosts a Drivechain Friday Space on BIP 300 and BIP 301. Guests discuss the three-month hash-rate-escrow withdrawal, whether miners must validate sidechains, Stratum V2, cheap ZK clients, and a payments-first privacy sidechain. Paul Sztorc argues Drivechain is optional: L1 node cost is unchanged, a later soft fork can disable BIP 300, and specialized chains can still be composed. Ryan Dale replies that altcoins would persist and that an early sidechain might be a Bitcoin–Ethereum bridge, not a Rootstock clone. Bob McElrath objects that pegged sidechains look like fragmented currencies and a large-block sidechain home nodes cannot verify. He calls something li...
2026-09-14
3h 09
LayerTwo Labs Spaces
Drivechain (BIP 300 and BIP 301) Advanced Bitcoin Sidechains | L2L Spaces | 2023-06-30
This LayerTwo Labs Friday Space presents Drivechain, BIP 300 and BIP 301, as a way for Bitcoin to copy useful altcoin features onto miner-secured sidechains, collect their fees, and keep a conservative mainchain. Speakers contrast Drivechain with federated pegs and Lightning, walk through hashrate escrow and blind merged mining, and treat rollups as complementary rather than a substitute. Listeners ask what happens if a sidechain becomes unstable, how peg-out hashes are voted over months, whether the peg stays one-to-one, and how that compares with Liquid. The room checks Bitcoin fees after the ordinals spike, cites Ethereum's larger fee market, and argues merged...
2026-09-14
1h 59
LayerTwo Labs Spaces
Drivechain, Bitcoin's Fee Crisis, and the Coming Civil War | L2L Spaces | 2023-06-16
Henry opens with Drivechain's peer-to-peer sidechain case and a privacy-focused guest explains why large Bitcoin holders need zero-knowledge proofs before transacting. Shiny Cakes asks whether other projects experimenting with Drivechain-like designs could help or compete with BIP 300; Henry welcomes the experiments and compares them to Litecoin activating SegWit before Bitcoin. He then discusses scaling: Lightning and ARK degrade when L1 fees are high or volatile, while large-block sidechains can pause and recover, and he describes a launcher for running sidechains without exposing users to every command-line detail. Paul Sztorc joins to discuss the rebasing work, the minimal pull request, and...
2026-09-14
1h 48
LayerTwo Labs Spaces
Privacy Coins, Ark's Fee Problem, and ZeroSync vs Fraud Proofs | L2L Spaces | 2023-06-12
moonsettler and Paul Sztorc open on privacy coins, and moonsettler explains why he would rather keep state off-chain inside Bitcoin-clone sidechains such as Thunder than adopt someone else's privacy stack. Paul traces Monero's history — Ricardo on Bitcoin Uncensored, the decision to ban price discussion, the 'don't buy Monero' joke, and the exchange delistings that killed its momentum — to argue that displacement is harder than sidechain proponents expect, and moonsettler answers that Monero users doubt Bitcoin will stay ungovernable in the first place. A long Ark discussion covers the dust limit, the liquidity that uncooperative closes require, and how transaction-ID malleability make...
2026-09-14
1h 18
LayerTwo Labs Spaces
BIP 300 ATH Tech, Thunder Sidechains, and BitNames | L2L Spaces | 2023-06-09
The LayerTwo Labs Space on June 9, 2023 treats Drivechain (BIP 300 and BIP 301) as all-time-high technology whose prospect of activation could lift Bitcoin and pressure altcoins. moonsettler doubts that 2014-era window still exists and argues that covenant constructions, including surfchains, are not hashrate-escrow Drivechains. Paul Sztorc frames SPV proofs as miner courtesy that BIP 300 makes harder to abuse. After Ryan asks whether Drivechain would mainly wrap Bitcoin for Ethereum, citing Rootstock and PulseChain, the group uses Monero and Zcash as a smaller test of absorbing altcoin users. They discuss Thunder large-block sidechains, ARK on a covenant-capable chain, and a Bitcoin Core v25...
2026-09-14
3h 15
LayerTwo Labs Spaces
ARK, Lightning Fees, and Bitcoin Sidechain Scaling | L2L Spaces | 2023-06-05
Henry welcomes moonsettler for a technical discussion of ARK and Bitcoin scaling. moonsettler explains ARK's virtual UTXOs, the ARK service provider's liquidity constraints, four-week expiries, and unilateral exit. He argues that small VTXOs become economically unenforceable on-chain in a high-fee environment, while sidechains could provide cheaper block space when users need to exit. Paul Sztorc joins to discuss David Harding's ARK liquidity analysis and the tradeoffs around user turnover and capital costs. Hampus then joins the conversation about Lightning: high fees can trigger force closures when nodes disagree over fee rates, and mempool uncertainty, out-of-band fees, and RBF make the...
2026-09-14
1h 17
LayerTwo Labs Spaces
Drivechain tweet roundup: miner fees, NFTs, and a coming Core PR | L2L Spaces | 2023-06-02
Henry at LayerTwo Labs opens on BIP 300 and BIP 301, describing sidechains as a way to add protocols while keeping Bitcoin's 21 million cap through hashrate escrow. He and Ian discuss cheap full nodes as a decentralization metric, then read a nest of recent support tweets: Adam Back on peer-to-peer sidechains, Rootstock merge mining, Fiatjaf, Mike Tidwell, Super Testnet, and others, plus whether merge-mining fees can avoid tail issuance. Paul Sztorc joins to say sidechain messages pay merge-mined fees in real time, while peg-outs wait on a few yearly withdrawals. The conversation covers a Zcash sidechain, NFT and ordinals traffic, Stratum V2...
2026-09-14
1h 31
LayerTwo Labs Spaces
Drivechain Adoption, Flippening Risk, and LayerTwo Labs Sidechains | L2L Spaces | 2023-05-29
Henry opens a LayerTwo Labs Drivechain Space on BIP 300 Hashrate Escrow and BIP 301 Blind Merged Mining, arguing miner-controlled sidechains would replace federated 15-party pegs with a Bitcoin-only two-way peg. A guest asks about Miami and Bitcoin Core; Henry cites Mike Tidwell, Adam Back, and Luke Dashjr's rebase work, while conceding Super Testnet and Eric Wall still treat activation as unlikely. He pitches Thunder-scale blocks, merged-mining fees, and Drivechain as an anti-flippening way to copy Zcash and Ethereum features without selling bitcoin. Paul Sztorc recaps a quieter Bitcoin conference and lists LayerTwo Labs' testnet goals: Namecoin, prediction markets, a high-performance scaling...
2026-09-14
2h 24
LayerTwo Labs Spaces
Drivechain, Security Budget, and Peer-to-Peer Sidechains | L2L Spaces | 2023-05-25
Henry leads a long Drivechain discussion built around recent tweets and the case for peer-to-peer sidechains. He reads supportive arguments from Warren Togami, Adam Back, Jameson Lopp, Dan Held, Fiatjaf, and John Light, then argues that today's federated sidechains are not truly peer-to-peer and that Drivechain would let anyone compete economically to secure a sidechain. Much of the episode concerns the security budget: Henry disputes claims that fees only need to rise during an attack, examines Greg Maxwell's champagne-era fee spike, explains why halvings cannot be relied on to create demand, and walks through a blockchain.com total-fees chart showing...
2026-09-14
2h 29
LayerTwo Labs Spaces
Drivechain After Bitcoin Miami: BIP 300, zSide, and Five Reasons | L2L Spaces | 2023-05-22
After Bitcoin Miami, Henry of LayerTwo Labs recaps the conference booth and argues that Drivechain (BIP 300 and BIP 301) would let Bitcoin copy altcoin technology onto sidechains whose only tokens are synthetic bitcoin locked in hashrate escrows, while blind merge mining pays sidechain fees to mainchain miners. He reads Adam Back comments on a Zcash testnet sidechain and on win-win large-block Drivechains, and answers a contractor's escrow question by pointing to an Ethereum-style chain such as EthSide or Rootstock. He contrasts federated Liquid with miner-controlled peer-to-peer pegs, claims one percent of bitcoiners could make zSide larger than Zcash, and says Thunder...
2026-09-14
1h 41
LayerTwo Labs Spaces
Drivechain BIP 300 / BIP 301: Fees, Sidechains, and Security Budget | L2L Spaces | 2023-05-15
Henry of LayerTwo Labs opens Drivechain Twitter Spaces on BIP 300 and BIP 301, listing zSide, Thunder, BitAssets, BitNames, and Ethside as ways to avoid Bitcoin civil wars. Moonsettler asks about Thunder and Lightning covenants, then argues that if sidechains do not supply extra block space, altcoins will, and that on-chain payments are not really peer-to-peer. Paul Sztorc joins, treating block space as a different good from Lightning and discussing how a low security budget would show up as substitution into altcoins rather than a sudden 51% attack. After he leaves, Michael asks why Drivechain is needed when BRC-20 tokens already exist; the...
2026-09-14
1h 56
LayerTwo Labs Spaces
Drivechain With Bedtime Labs: RSK, Security Budget, and Innovation | L2L Spaces | 2023-05-12
LayerTwo Labs hosts Drivechain Twitter Spaces with Bedtime Labs, an RSK builder who joined for BIP 300 and BIP 301 updates. The host calls RSK Bitcoin's most significant merge-mined sidechain and cites a claim that it generates about three bitcoin per month in fees. They discuss RIF upgrades, a zk-rollup on RSK, and why federated designs such as Liquid, RSK, and wrapped Bitcoin have not grown more. High ordinals-era fees, they argue, shift talk from the security budget to scaling, yet miner security still depends on expected future revenue rather than one-off spikes. December 2017 is recalled as a prior fee spike that...
2026-09-14
47 min
LayerTwo Labs Spaces
Drivechain After the Fee Spike: Lightning, Handcrank, and BIP 300 | L2L Spaces | 2023-05-08
LayerTwo Labs restarts a Drivechain Space after a prior session glitched out. Paul Sztorc argues scalability is the only thing that matters for money with network effects, and that Drivechain exists because people will always disagree about what a blockchain should contain. Moonsettler says inscription-style fees were higher than expected and prefers permissionless experiments; Hampus wants large-block Drivechains so Lightning can keep working when layer-one fees are high. The middle hour debates Super Testnet's Handcrank versus BIP 300's three-month withdrawal window, whether the fee spike is a new normal, pruning versus smaller blocks, CTV and Lightning's fallback-to-dust problem, and optional...
2026-09-14
2h 26
LayerTwo Labs Spaces
Drivechain BIP Drafts, Large-Block Sidechains, and Altcoin Migration | L2L Spaces | 2023-05-04
The host opens a LayerTwo Labs Drivechain Space arguing BIP 300 and BIP 301 would keep Bitcoin's 21 million cap while cloning privacy, large-block cash, DNS, and oracles onto miner-secured sidechains instead of federations such as Liquid and Rootstock. A guest asks why the BIPs remain drafts and how a sidechain helps Lightning onboarding if users still want mainchain coins. The host says rebasing onto Bitcoin Core could take about a year and that Thunder is a cheap opt-in layer so people need not use Coinbase. Speakers cover two-way pegs for arbitrageurs and Lightning bridges via Fedimint, Cashu, and eCash. Moonsettler then argues...
2026-09-14
1h 33
LayerTwo Labs Spaces
Drivechain Explained: Peer-to-Peer Sidechains and Altcoin Absorption | L2L Spaces | 2023-05-01
Henry gives an accessible overview of Drivechain and answers questions from Raybon and Jeff. He explains that today's Bitcoin sidechains such as Liquid and Rootstock are federated, while Drivechain would use hashrate escrow and blind merge mining to make sidechains more peer-to-peer. The discussion covers Bitcoin's token versus its block space, how a two-way peg lets demand for sidechain tokens increase demand for Bitcoin, and why privacy, large-block, smart-contract, DNS, and oracle technologies could run on Bitcoin without issuing new monetary tokens. Henry contrasts Drivechain's optionality with Lightning, notes the channel-opening constraints Lightning faces, and argues that Drivechain would weaken...
2026-09-14
1h 26
LayerTwo Labs Spaces
Drivechain's Uphill Battle: Catalysts, Rollups, and Credit | L2L Spaces | 2023-04-27
Henry asks how to measure growing interest in Drivechain, and David Seroy joins to argue that the idea faces an uphill battle because it feels old and lacks a clear route to consensus. David prefers Stark-based ZK rollups as the more likely next Bitcoin upgrade, sees Simplicity and Liquid as competing paths, and thinks Drivechain may arrive later even though he values it. He explains his work around Rootstock, Sovereign, Bitcoin-backed credit, and stablecoins, including 0% borrowing against Bitcoin and the federation, liquidation, and oracle risks involved. The group discusses blind merge mining, MEV, centralized stablecoins, whether rollups need one or...
2026-09-14
1h 24
LayerTwo Labs Spaces
BIP 300 Basics, a HiveMind Explainer, and a Ladder of Scaling Options | L2L Spaces | 2023-04-20
Henry of LayerTwo Labs spends the first hour answering audience questions. He explains why the design gives miners the job of starting and stopping sidechains rather than making sidechains a free-for-all, then works through the difference between BIP 300's hashrate escrow and BIP 301's blind merged mining, Satoshi's 2010 BitDNS post, and why a merge-mined sidechain is better than a merge-mined altcoin with its own speculative token. Most of the hour is a HiveMind explainer: Paul Sztorc's Truthcoin-derived prediction market, futarchy, the oracle problem, the cash coin and vote coin, and a hypothetical decentralized stablecoin. moonsettler then joins to describe statechains...
2026-09-14
1h 17
LayerTwo Labs Spaces
Drivechain Fees, Hashrate Escrow, and Proof of Work vs Stake | L2L Spaces | 2023-04-17
Henry hosts Drivechain Talk on April 17, 2023 with Michael of San Juan BitDevs, who heard Austin Alexander present Drivechain in Puerto Rico. They discuss a privacy sidechain so fees and token value accrue to Bitcoin through a two-way peg, then how Drivechain might be adopted if well-known developers drop objections rather than through a simple majority vote. Henry argues low fees raise a security-budget problem that merged mining could address, while high fees would justify Thunder, a large-block sidechain for everyday cash. Wayne, an early Drivechain funder, says abstract advocacy matters less than shipping one working application such as a DEX...
2026-09-14
1h 49
LayerTwo Labs Spaces
Sidechains, Spacechains, and Reorg Security | L2L Spaces | 2023-04-13
Super Testnet joins Henry for a Drivechain discussion centered on how sidechains differ from spacechains and how each handles reorg security. Super Testnet explains that spacechains work today but poorly, while Drivechain is still under development and relies on blind merge mining. The conversation turns to whether a Drivechain inherits Bitcoin's un-reorgability, with moonsettler correcting the model: low sidechain activity lowers the cost of reorging it, even though mainchain anchoring limits the number of alternate histories. They also debate one-way pegs and spacechain valuation, including the idea that burned coins can trade at a persistent discount, then compare that dynamic...
2026-09-14
1h 05
LayerTwo Labs Spaces
Luxury Ordinals, Fee Crises, and Drivechain vs Rollups | L2L Spaces | 2023-03-30
Henry of LayerTwo Labs hosts a Drivechain Space with Andrew Bailey, then Alex Kravets and moonsettler. Bailey asks how advocacy success is measured and whether influencers can admit a fee problem while selling number-go-up. Henry frames Drivechain as persuasion of plebs and key developers, and prefers usefulness and innovation over claiming an inevitable security-budget failure. Alex says education has failed; only a crisis—months of high Layer 1 fees, or an Ethereum flippening—will force scaling. He cites luxury ordinals paying hundreds of dollars per inscription, mempool backlogs, and more than a million dollars in Bitcoin fees on March 23. He wants both...
2026-09-14
2h 31
LayerTwo Labs Spaces
Drivechains as Peer-to-Peer Sidechains and Bitcoin's Fee Security Budget | L2L Spaces | 2023-03-27
Henry of LayerTwo Labs hosts a March 27, 2023 Drivechain Twitter Space. An early guest compares Blockstream's Liquid federation with Drivechain. Henry says Drivechain is BIP 300 and BIP 301: a miner-controlled hashrate escrow plus blind merged mining, so sidechain coins stay synthetic Bitcoin and most sidechain fees go to Bitcoin miners. He describes consensus and a possible Bitcoin Core soft fork, points to Drivechain.info supporters, and walks through possible sidechains—privacy, big-block Funder, BitNames, BitAssets, HiveMind—and testing layer-one upgrades with real value at risk. After a Second Layer Discord note from Roz, the Space turns to Bitcoin's security budget. Henry argues Mich...
2026-09-14
1h 39
LayerTwo Labs Spaces
Federated Sidechains, Stacks, and moonsettler's Case Against | L2L Spaces | 2023-03-23
Henry of LayerTwo Labs hosts an audience-driven hour that keeps returning to one comparison: federated sidechains versus a miner-controlled peg. A newcomer named Malcolm asks how Drivechain relates to Lightning and whether Liquid counts as a sidechain, and Henry answers with the two-way peg, synthetic Bitcoin, the fifteen Liquid functionaries, and the argument that anyone can become a miner while federation membership needs social approval. PorkChop then presses on which pain points are actually served, which brings out the planned zSide, Thunder, HiveMind, and BitNames sidechains and the claim that all Bitcoin sidechains together hold under one percent of Bitcoin's...
2026-09-14
1h 26
LayerTwo Labs Spaces
The Full Drivechain Case: Ossification, Fees, and Dominance | L2L Spaces | 2023-03-20
Henry of LayerTwo Labs hosts a solo hour laying out the whole Drivechain case. He starts from the two components — a miner-controlled two-way peg under BIP 300 and blind merged mining under BIP 301 — and the consequences he expects from them: more layer-one ossification, higher miner fee revenue, and altcoin users and developers migrating onto Bitcoin sidechains. The Zcash community's hypothetical move to zSide serves as the worked example, along with his term for the sidechain unit of account, synthetic Bitcoin. He reviews the state of an eight-year debate, the supporters he has collected from Adam Back and Fiatjaf to Ruben Somsen, and...
2026-09-14
50 min
LayerTwo Labs Spaces
Drivechain, Miner Concentration, and Merge Mining Critics | L2L Spaces | 2023-03-16
Henry of LayerTwo Labs hosts a Drivechain Talk on BIP 300 and BIP 301, arguing that peer-to-peer two-way-pegged sidechains could ossify Bitcoin layer one and send merge-mined fees to miners. Satoshi Enjoyer shares the vision but presses hashrate-concentration risks and Super Testnet's hand-crank design that might create a two-way peg without a soft fork. The host answers that miner professionalization was expected, that merge mining already exists through Rootstock and Namecoin, and that objecting to software profits while accepting cheap power and better ASICs is arbitrary. He points to Paul Sztorc's Measuring Decentralization and The Mirage of Miner Centralization, treats cheap full...
2026-09-14
1h 30
LayerTwo Labs Spaces
Drivechain Peg Theft, Mining Centralization, and Inscription Fees | L2L Spaces | 2023-03-13
Henry of LayerTwo Labs opens the Monday Drivechain Space with reasons people care: partitioned innovation, security-budget fees, competition with altcoins, and less pressure on layer-one upgrades. AcrossFireX asks whether Stratum V2 still contains 51% pool risk once Drivechain is live. Crown Bitcoin and Satoshi Enjoyer ask if miners must run full sidechain nodes, and whether extra bandwidth and MEV centralize mining. Henry names two stock objections—months-long hashrate-escrow theft by a majority miner, and mining centralization from merged mining—and answers with Fiatjaf's essay, BIP 301 blind merged mining, Rootstock already paying Bitcoin miners, and the claim that extra computers are no more...
2026-09-14
1h 57
LayerTwo Labs Spaces
moonsettler on Drivechain, Security Budget, and Covenants | L2L Spaces | 2023-03-09
Henry interviews moonsettler about whether Drivechain can turn Bitcoin sidechains into peer-to-peer systems and whether that framing is too simple. moonsettler says Drivechain is now good enough to try but doubts it will activate, and he is most interested in miner incentives, L2 block production, and what happens if sidechain fees dwarf L1 miner revenue. The conversation walks through five reasons Drivechain might become likely: freedom and creativity, Bitcoin's latent expressiveness, the ossification problem, the security budget, and altcoin competition. It covers big-block sidechains, blind merge mining, the imperfect trust model, ordinals and data availability, burn-address UTXOs, and covenants. moonsettler...
2026-09-14
1h 25
LayerTwo Labs Spaces
Ordinals, Rollups, and Drivechain's Security Budget | L2L Spaces | 2023-03-06
Henry hosts a wide-ranging Drivechain talk with Paul Sztorc, Super Testnet, Post Capone, and Alex Kravets. They begin with whether ordinals and inscriptions expose a false divide between Bitcoin as money and as a platform, then separate coin supply from block space and assess why the security budget needs total fee demand. Super Testnet argues inscriptions are data dumping and should be blocked; the group pivots to smaller L1 blocks, sidechains, and Lightning tradeoffs. They debate how a 51% or security-budget attack might play out and whether proof-of-work changes help, then examine Rollkit, Bitcoin rollups, and John Light's validity-rollup research. The...
2026-09-14
1h 33
LayerTwo Labs Spaces
Drivechain, Rootstock, and Bitcoin's Security Budget | L2L Spaces | 2023-03-02
Henry of LayerTwo Labs hosts a Drivechain Space around a CoinMarketCap article on Bitcoin's security budget and whether extra miner fees can keep the network economically secure. Guest Post Capone says additional layers are necessary, that L1 should stay simple, and that BIP 300 / BIP 301 are a practical way to offload computation, while raising miner-incentive worries about large-block sidechains. The host explains blind merged mining and cites Satoshi's BitDNS comments on sharing hash power. Rootstock co-founder Gabriel Kurman reports about half of Bitcoin hash rate already merge-mining Rootstock, argues BIP 300 / BIP 301 may be too complex compared with Sergio Lerner's R11, and...
2026-09-14
1h 36
LayerTwo Labs Spaces
Ordinals, Covenants, and Drivechain vs Rollups | L2L Spaces | 2023-02-27
Henry opens BIP 300/301 and brings SuperTestNet on to review MaxMoney21Million's essay, Paul's existing testnet fork, and the Ordinals fight. SuperTestNet splits Ordinals from inscriptions, says large files belong on BitTorrent, and calls Drivechain a better custodial sidechain; Henry answers that miner-controlled hash rate escrow is peer-to-peer and that fee pressure can overcome a hostile majority. They cover Adam Back's reply to Roger Ver, opt-in big-block Drivechains, altcoin counterfactuals, and Ethereum's permissioned proof-of-stake plus custodial admin-key trend. Reindahl describes covenant-based hash rate escrow via BIP 118/119, sidechain slots, and a worry that sidechain software pushes miners to outsource block construction; Henry...
2026-09-14
2h 05
LayerTwo Labs Spaces
Drivechain Objections, Sidechain Slots, and Lightning's Role | L2L Spaces | 2023-02-23
Henry opens with the BIP 300/301 pitch: blind merge mining, peer-to-peer pegs, synthetic Bitcoin, and sidechain fees flowing to layer-one security. Carl asks how activation would happen and why skeptics object; Henry explains the escrow-theft objection, the merge-mining centralization objection, and why participation stays voluntary. A later guest asks about bloat and sidechain count, leading Henry through ordinals, small blocks, over 200 slots, drivechains-on-drivechains, and reversibility. Later he frames Drivechain as the alternative to Bitcoin inflation, says Lightning is a complement rather than a competitor, and argues the long-run goal is 100% Bitcoin dominance. The Space closes with resources, a Clubhouse handoff, and...
2026-09-14
1h 16
LayerTwo Labs Spaces
Subsidy, Fees, and State Attacks: Drivechain's Security Debate | L2L Spaces | 2023-02-21
The host opens after a mute glitch and frames the two main Drivechain objections: miners stealing hashrate escrow and merge mining centralizing miners, arguing users should have the option to experiment. Aeon BTC joins to challenge whether the coinbase subsidy actually defends Bitcoin; they debate fee pressure, white-market versus black-market miners, and the cost of a 51 percent state attack. The second half covers blind merge mining, fees paid in layer-one Bitcoin, peer-to-peer versus federated two-way pegs, and the case for cloning altcoin protocols such as privacy, oracles, and DNS onto Drivechains. The episode closes with the argument that Drivechain can...
2026-09-14
1h 47
LayerTwo Labs Spaces
Answering Drivechain's Critics: Ordinals, Stacks, and Peer-to-Peer | L2L Spaces | 2023-02-17
Henry of LayerTwo Labs opens with three criticisms of Drivechain he wants retired: that trustless sidechains are perpetual motion, that a federation can be sued where anonymous miners cannot, and that Drivechain brings shitcoins to Bitcoin. Teddy Bitcoins joins to argue Bitcoin may already be sufficiently ossified, and the two spend the first hour on ordinals-driven fee pressure, the security budget, and Satoshi's 2010 BitDNS post that all networks would merge mine with Bitcoin. Henry answers J.W. Weatherman's charge that voting with hashrate is a security disaster and walks HeroGamer through what the testnet does and does not show. A...
2026-09-14
2h 03
LayerTwo Labs Spaces
Why Henry Supports Drivechain: Politics, Ordinals, and Synthetic Bitcoin | L2L Spaces | 2023-02-10
Henry reads his Substack essay on why he supports Drivechain, then takes questions from Maverick. The essay argues that today's Bitcoin sidechains use federated pegs, while Drivechain would create peer-to-peer hashrate escrow pegs that can host privacy, large-block, oracle, DNS, and smart-contract software while preserving Bitcoin's 21 million limit. Maverick asks what is blocking adoption and what the roadmap looks like. Henry compares the consensus path to SegWit and Taproot, says community political will and developer energy matter most, and argues the Overton window could widen if the flippening approaches. He prefers adoption for love of innovation rather than fear of...
2026-09-14
1h 34
LayerTwo Labs Spaces
Drivechain vs Altcoins, MEV, Rollups, and Luke Dashjr | L2L Spaces | 2023-02-06
Henry of LayerTwo Labs opens with favorable tweets from Checkmate of Glassnode, Ari Paul, and Joe007 and lays out the case that a miner-controlled peg would let the software of any altcoin be cloned onto Bitcoin, and that even one percent of Bitcoiners entering such a sidechain would make it larger than the coin it copies. Cullen O'Brien and SuperTestNet press him on that: altcoiners cannot port their holdings over, and existing sidechains go nearly unused, though SuperTestNet concedes privacy is the feature Bitcoiners actually ask for. Luke Dashjr joins unannounced to call the 2013 increase to one megabyte the original...
2026-09-14
6h 14
LayerTwo Labs Spaces
Drivechain Security, Wrapped Bitcoin, and Fee-Security | L2L Spaces | 2023-02-02
Henry hosts a Drivechain Lunch with Greg Slepak, Andrew Bailey, and later moonsettler. Greg warns that sidechain tokens will be marketed as Bitcoin even though they have different security and property guarantees, then debates wrapped Bitcoin's effect on Bitcoin demand, fee flow, and pump-and-dumps. His central objection is that Drivechain's hash-rate escrow makes theft possible under a 51% miner majority, whereas base-layer miners cannot directly steal UTXOs, so he views it as a strict security reduction. Henry argues the public, multi-month withdrawal process makes theft practically unlikely and lets the community discontinue a harmful sidechain; Greg suggests Stratum V2 and more...
2026-09-14
2h 13
LayerTwo Labs Spaces
Peer-to-Peer Pegs, Federation Trust, and Miner Decentralization | L2L Spaces | 2023-01-30
Henry opens with recent Drivechain essays and Fiatjaf's claim that a BitAssets sidechain would have absorbed the activity that became Ordinals. Paul discusses his large-block sidechain article and how early sidechain decisions might have changed Taproot's path. Super Testnet then debates whether Drivechain's peg is peer-to-peer, arguing that users will often have a client relationship to miners, while Paul defines peer-to-peer by economic rather than social barriers and stresses that miners are a dynamic, replaceable set. The group contrasts that with federated sidechains, whose members are selected and trusted. Joe joins to discuss miner fee economics, the limited adoption of...
2026-09-14
1h 21
LayerTwo Labs Spaces
What Drivechain Is Not, and Whether Ethereum Could Flip Bitcoin | L2L Spaces | 2023-02-13
Henry from LayerTwo Labs hosts a short Spaces built around four tweets: Adam Back calling himself an innovation maximalist and altcoin seigniorage critic, Fiatjaf's list of what Drivechain is not, Samuel's Bitcoin Magazine article arguing Drivechain is Bitcoin's best chance, and Alex Kravets' comparison of money-only Bitcoin to an internet that carries only email. He argues that money is naturally layered, with a conservative digital-gold base and opt-in environments above it for privacy, scalability, and expressivity. Alex Kravets joins the stage, and the second half turns to Ethereum: whether it is a layer two without a layer one, whether validity...
2026-09-14
22 min
Bitcoin Rails | Isabel Foxen Duke
Expecting Hardforks | PAUL SZTORC
Paul Sztorc founder and CEO of LayerTwo Labs and author of Bitcoin Improvement Proposals 300 and 301 (Drivechains), has been one of Bitcoin's most persistent—and controversial—thinkers, advocating for merge-mined sidechains as a way to dramatically expand Bitcoin's functionality while preserving the security of the base layer. Following our previous episode introducing his proposed Bitcoin hard fork, eCash, we discuss how the project has evolved in recent months, what to expect when the fork launches on mainnet, and Paul's perspectives on today's Layer 2 landscape and the soon-to-activate BIP 110 soft fork. An entertaining, popcorn-style conversation with one of B...
2026-08-07
1h 32
Bitcoin Takeover Podcast
S17 E30: Martin Matejka on Firefish, BTC-backed Loans & Bitcoin's Purpose
Martin Matejka is the CEO of Firefish, a company which offers a platform where BTC holders can connect with fiat borrowers in order to achieve the ”never sell your bitcoin” status. In this episode, we talk about how these BTC-backed loans work, and also pursue a more philosophical conversation about the purpose of Bitcoin and whether or not it's currently achieving it. Sponsors: Proudly sponsored by Orangerock.com: Trade Without Limits Orangerock is the pro trading terminal that fits in your pocket. Perps and spot, instant cross-chain swaps, and a self-custodial wallet. Trade crypto, stocks, and commodities with up to 40x le...
2026-06-28
1h 28
Bitcoin Rails | Isabel Foxen Duke
Not Your Keys, Not Your AI | ERIK CASON & JESSE POSNER
As language models evolve into extensions of memory, judgment, and decision-making—questions of ownership, privacy, and autonomy become increasingly difficult to ignore. In this interview, Vora founders Erik Cason and Jesse Posner share why the future of AI will look very different depending on our ability to do one thing: maintain self-custody of our personal data—with private keys, just like Bitcoin. A conversation about who controls the systems shaping human cognition, and how we can protect ourselves with the same ethos we protect our Bitcoin—this interview covers: Why AI is the most intima...
2026-06-23
1h 21
Bitcoin Rails | Isabel Foxen Duke
BIP 110 & The Future of Soft Forks | SUPER TESTNET
One of Bitcoin's most prolific experimental developers, Super Testnet is known for building software at the frontier of Bitcoin research — including notable contributions to BitVM, Drivechains, Lightning, and numerous prototypes that have pushed the boundaries of Bitcoin's design space. More recently, he's become a prominent participant in discussions surrounding BIP 110, a proposed soft fork intended to restrict transaction patterns associated with Ordinal inscriptions. While Super broadly agrees with the proposal's underlying goals, he argues its current restrictions are overly broad and could impact "legitimate" monetary uses of Bitcoin. These concerns led him to sh...
2026-06-16
1h 28
Monero Talk
Can ZSide Outperform Monero and Zcash? Paul Sztorc Debates Bitcoin Privacy & More | EPI 386
Any donation is greatly appreciated! 47e6GvjL4in5Zy5vVHMb9PQtGXQAcFvWSCQn2fuwDYZoZRk3oFjefr51WBNDGG9EjF1YDavg7pwGDFSAVWC5K42CBcLLv5U OR DONATE HERE: https://www.monerotalk.live/donate TODAY'S SHOW: Douglas Tuman speaks with Paul Sztorc of LayerTwo Labs about the current state of Bitcoin, the future of sidechains, privacy technologies, Monero's growing real-world relevance, and his efforts to launch a new Bitcoin fork featuring native sidechain functionality. The discussion explores Bitcoin maximalism, network effects, privacy tradeoffs, Zcash vs. Monero, decentralized naming systems, and whether Bitcoin's culture is preventing meaningful innovation. ...
2026-06-12
1h 32
Bitcoin Rails | Isabel Foxen Duke
Bitcoin's threshold for trust-minimization—without a soft fork | SAM BLACKSHEAR
Some of the most impressive technical and commercial leaders in digital assets emerged from what insiders call the "Libra Mafia" — the team assembled by Meta to build Libra (later Diem). Though the project ultimately succumbed to regulatory pressure, it produced a generation of founders and engineers who went on to shape the industry, including Sam Blackshear, a leading expert in blockchain programming languages and CTO of Mysten Labs. In this episode of Bitcoin Rails, Sam joins me to discuss: why Mysten Labs has turned its focus toward Bitcoin + why Sam leans conservative on soft-fork ch...
2026-06-04
58 min
Bitcoin Rails | Isabel Foxen Duke
Bitcoin's 3 Biggest Challenges | NEHA NARULA
Neha Narula is the Director of the MIT Digital Currency Initiative, where she focuses on Bitcoin research and the broader design tradeoffs of decentralized money systems. Her work often centers on what Bitcoin gets right—and where it runs into hard limits—especially around scaling, decentralization, and how systems behave as global demand increases. In this interview, Neha and I explore longer-term risks to Bitcoin—including advancements in quantum computing and the implications of a diminishing block subsidy—as well as the ongoing challenge of scaling Bitcoin without losing access to self-custody. A thoughtf...
2026-05-27
1h 22
Bitcoin Rails | Isabel Foxen Duke
Post-Quantum Cryptography For Bitcoin | DAN BONEH
One of the most prolific and influential cryptographers in the world, it’s difficult to fully quantify the impact that Dan Boneh has had on Bitcoin and digital assets more broadly. Through both his own research and his mentorship of some of the space’s most important contributors — e.g. Andrew Poelstra, Benedikt Bunz and Robin Linus — few people have done more to shape the cryptographic foundations underlying modern blockchains and digital finance. More recently, Dan co-authored Google’s widely discussed paper, “Securing Elliptic Curve Cryptocurrencies against Quantum Vulnerabilities,” which reduced prior estimates of the resources requ...
2026-05-20
1h 44
Bitcoin Rails | Isabel Foxen Duke
Breaking Down Digital Payments | DAVID MARCUS
Few people have had a closer view of the evolution of digital money than Lightspark CEO David Marcus. After helping scale PayPal and leading Meta’s ambitious—but highly scrutinized—cryptocurrency project Libra/Diem, Marcus has spent years navigating some of the toughest challenges in the payments industry, in both traditional and digital assets. Marcus more recently turned his focus to Bitcoin with Lightspark, exploring the limits of Lightning payments and building his own Bitcoin layer-2, Spark. After the regulatory challenges of Libra/Diem, Marcus shares why Bitcoin is the only digital assets network he wants...
2026-05-12
59 min
Bitcoin Takeover Podcast
S17 E22: Jeremy Rubin on CTV, Char & Building on Bitcoin
Jeremy Rubin is the author of BIP 119 (OP_CTV, Check Template Verify) and co-author of BIP 348 (CSFS, Check Sig From Stack). More recently, he started working on Char: a decentralized shared sequencer for Bitcoin layer 2s. In this episode, which we recorded at the LayerTwo Labs booth during the Bitcoin 2026 conference in Las Vegas, we talk about the challenges involved in improving Bitcoin and why Jeremy chooses to be a relentless builder even in an adversarial environment. Time stamps: 00:00:48 Podcast Introduction and Sponsors 00:03:02 Jeremy Rubin's Bitcoin Journey 00:03:24 Introduction to Check Template Verify (CTV) 00:04:44 The Philosophy Behind CTV 00:06:40 CTV for Congestion...
2026-05-06
1h 23
Bitcoin Rails | Isabel Foxen Duke
Post-Quantum Bitcoin Signatures (+ their tradeoffs) | ETHAN HEILMAN & JONAS NICK
According to BIP 360 co-author, Ethan Heilman, Bitcoin needs a minimum of two soft forks to become quantum resistant: P2MR (or an output type that can safely execute PQ signatures) + a post-quantum checksig (signature scheme). Ethan and the BIP 360 team (including myself and Hunter Beast) introduced the P2MR part via a BIP 360 update late last year—but the question remains, what’s the most appropriate PQ signature scheme for Bitcoin? They all have substantive tradeoffs, but hash-based signatures seem to be leading technical discourse—likely due to recent optimizations by Jonas Nick and the broade...
2026-05-05
1h 18
CoinDesk Podcast Network
Blockspace: Tether’s $XXI merger, Paul Sztorc is forking BTC, and $MARA buys a gas plant
Tether proposes a massive merger of Strike, 21 Capital, and Elektron to create the ultimate Bitcoin services company, $XXI. And developer Paul Sztorc discusses his controversial Bitcoin fork and why Drivechains are needed to save Bitcoin. We also discuss MARA's $1.5 billion energy acquisition. Paul Sztorc, Drivechain author and founder of LayerTwo Labs, joins us to talk about his decision to fork Bitcoin and why he believes the current path is “like the Titanic heading for an iceberg”. Also Tether proposing a merger of 21 Capital, Strike, and Elektron to create a "super soldier chimera" of public Bitc...
2026-05-02
1h 17
Bitcoin Takeover Podcast
S17 E21: Paul Sztorc Hard Forks Bitcoin to Launch Ecash with Drivechains!
After 15 years of being a Bitcoin-only maximalist and about a decade of promoting BIP300 as a soft fork, LayerTwo Labs CEO Paul Sztorc decided to launch Ecash: a hard fork of Bitcoin in which every BTC holder gets free coins. There's a catch, though: while everyone can claim 1 ecash for every bitcoin that they own, Satoshi can only claim half. Meaning that a returning Satoshi will only be able to claim half his coins, while the other half (550k) is currently being sold to investors in order to fund the development and bootstrapping of Ecash. What's more controversial: the hard...
2026-04-24
2h 07
Bitcoin Rails | Isabel Foxen Duke
DRIVECHAINS AUTHOR TO HARDFORK BITCOIN I with PAUL SZTORC
Paul Sztorc is one of the most controversial figures in Bitcoin—and he’s about to pull off one of his most controversial moves of all: a full-blown Bitcoin hardfork. Actuating his vision of “e-cash,” as the new protocol is called, Paul is pushing forward a new Drivechains-enabled Bitcoin experience—citing governance challenges and a “broken soft fork process” as reasons for the move. “If BIP300/301 was activated in Bitcoin, we would stop,” says Paul Sztorc—adding, “it’s an irony that the soft fork was invented because the hard fork was too difficult.” In this interview, I ask...
2026-04-24
1h 27
Bitcoin Rails | Isabel Foxen Duke
Bitcoin Mining's Heatpunk Revolution | TYLER STEVENS
Tyler Stevens—author of Bitcoin Mining Heat Reuse and a leading voice in the space—joins the show to unpack the growing “heatpunk” movement in Bitcoin mining. Traditionally viewed as a drawback, excess heat from mining is being reframed by heatpunks as a valuable feature, e.g. to generate useful heat—like home heating or hot water. Use for these heat byproducts can effectively subsidize the cost of Bitcoin mining—making operations significantly more profitable, or even free, while contributing to higher hashrate and a more decentralized network. As Stevens puts it, “Heat reuse solves the security b...
2026-04-14
1h 11
Bitcoin Rails | Isabel Foxen Duke
The Untold History of Stablecoins | PHIL POTTER
There are few people as consequential in crypto history as Phil Potter, co-founder of Tether and creator of the world's first stablecoin. After trading Bitcoin in “Satoshi Square” amongst peers like Erik Voorhees, Charlie Shrem, the Winklevoss twins and others, Potter became known for two things: 1. Professionalizing Bitcoin trading via the development of Bitfinex—and managing the 2nd largest exchange hack in Bitcoin's history 2. Inventing stablecoins — arguably the most important piece of crypto-infrastructure outside of Bitcoin itself. Ultimately, Potter shares that stablecoins were “too successful,” adding that “anytime someone makes a lot of money really f...
2026-04-07
2h 25
Bitcoin Takeover Podcast
S16 E52: Paul Sztorc on Bitcoin's Culture Wars
While the Bitcoin Core v30 vs Knots debate went on, Paul Sztorc was hard at work building the Drivechains software. However, this doesn't meant that he doesn't have any opinions about the recent events and their greater significance. Time stamps: 00:01:30 - Welcome to the Bitcoin Takeover Podcast and Paul's Second Appearance This Season 00:02:28 - Bitcoin Civil War: Core v30 vs Knots Debate 00:03:02 - Nick Szabo Joining the Debate and Ties to Samson Mow's Company 00:04:11 - Op Return Limit Silliness and Historical Bitcoin Uncensored Humor 00:05:21 - Shift in Bitcoin Community: From Subversive to Suit Coiner Route 00:06:02 - Resistance Money, Privacy, and...
2025-10-24
1h 48
Bitcoin Takeover Podcast
S16 E49: Jay Berg on Bitcoin, SidePit & Maximalism
Jay Berg joined Bitcoin in 2010 and became the first person to tweet about BTCUSD when the price hit a new high of $12. In this episode, he talks about why most Bitcoiners are wrong in their recent filter debate and how SidePit aims to fix trading. Time stamps: 00:01:57 - Hot take: Maxis wrong, shitcoining new Bitcoining 00:03:00 - Bitcoin kernel: Litecoin, Ethereum, Zcash, Lightning, Liquid 00:03:23 - Bitcoin failed as P2P cash 00:04:09 - Filters vs. OP_RETURN debate 00:05:18 - Luke Dash Jr. fork prediction 00:05:45 - Original sin: No OP_CTV (BIP 119) 00:06:47 - 2017 civil war: Gavin Andresen, Mike Hearn 00:07:45 - Craig Wright conspiracy 00:08:42...
2025-10-10
4h 15
Bitcoin Takeover Podcast
S16 E45: Shai Wyborski on Bitcoin, Kaspa & Proof of Work Research
Shai Wyborski is one of the three co-authors of the GHOSTDAG paper, and a man who takes pride in his independent thinking and divergent approach to research. As a PhD in quantum cryptography, he's got lots of knowledge to share. But by virtue of his involvement in Bitcoin and Kaspa, he's got stories to tell too. What does the future of Proof of Work look like? Let's find out! Time stamps: 00:01:09 - Welcoming Shai Wyborski 00:01:28 - Dig into GhostDAG; most interesting PoW scaling tech. 00:04:44 - Shai's BTC opinions over time 00:05:21 - How Shai spent BTC on "creativity fuel" (undisclosed). 00:06:31...
2025-09-25
8h 28
Bitcoin Takeover Podcast
S16 E44: Abdel on ZK STARKs & Bitcoin Maximalism
Abdel is a Starkware engineer who, over the last 7 years, went from building EIP 1559 on Ethereum to becoming a Bitcoin maximalist who wants ZK STARKs to happen. In this episode, we talk about his journey & some of Bitcoin's cultural issues. Time stamps: 00:00:59 - Sponsors: Sideshift, Citrea, Bitcoin.com News, LayerTwo Labs, NoOnes.com 00:01:38 - Abdel's unique journey: From Ethereum core dev at ConsenSys to Bitcoin maximalism 00:02:17 - Early Bitcoin curiosity (2011-2012) vs Ethereum's "world computer" appeal 00:03:51 - Fintech background: Working for banks before fighting them 00:04:31 - Always a Bitcoin + Ethereum maxi: Building unstoppable systems 00:06:07 - North Star vs "Nostr": Unstoppable...
2025-09-17
3h 18
Bitcoin Takeover Podcast
S16 E39: Karl Kreder (Dr. K) on Scaling Proof of Work, Bitcoin & Quai
Karl Kreder, better known as Dr. K, is best known in the space for researching the use of merged-mined subnets to scale Proof of Work in 2018 – a concept which led to the launch of the Quai Network, which introduced the Proof of Entropy Minima (PoEM) consensus for high transaction throughput within a decentralized environment. Today, we talk about his views on Bitcoin, why Proof of Work is still relevant in a world that's converging towards the more convenient Proof of Stake, and how the Quai Network works. Time stamps: 00:00 Intro & Welcome 00:03:00 Discussion Length Challenge 00:04:00 Dr. K's Bitcoin Background 00:06:00 Wallet Security & La...
2025-08-18
6h 17
Bitcoin Takeover Podcast
S16 E34: Prof. Richard Werner on Bitcoin, CBDCs & The Big Beautiful Bill
Prof. Richard Werner, one of the world's most famous economists, is best known for writing "Princes of the Yen" and penning the term "quantitative easing" in the 1990s while working at the Bank of Japan. Today, he is a big advocate for small local banks and a believer in the power of Bitcoin. In this episode, he talks about recent events in economics, ranging from the Big Beautiful Bill in the US and all the way to CBDCs and Bitcoin's viability to bring more economic freedom to the world. –––––––––––––––––––––– Time stamps: 00:00 - Introducing Professor Richard Werner, author of Princes of the Yen and originator of quantitative easin...
2025-07-20
1h 57
Bitcoin Takeover Podcast
S16 E33: Liz Steininger on Least Authority & Auditing Open Source Software
Liz Steininger is the CEO of Least Authority: a company which specializes in auditing open source software since 2014. Originally founded by Zooko Wilcox, Least Authority has conducted more than 100 security audits in the space. Some of the best known contractors who requested an expert review include the Ethereum Foundation, the Electric Coin Company, Metamask, the KeyStone hardware wallet, and Avalanche. Least Authority also builds products that make use of Zero Knowledge Proofs: PrivateStorage (a cloud storage system that's designed to make the host unaware of the files being stored), ZKAPs (Zero Knowledge Access Passes, an authorization system that separates the...
2025-07-09
1h 29
The Paul Barron Crypto Show
Bitcoin Innovation Dead?💀Paul Sztorc INTERVIEW
Jack Dorsey, CEO of Block and former CEO of Twitter (Now X), has cautioned that Bitcoin may risk losing relevance if it remains solely a store of value. Speaking during an interview at Presidio Bitcoin, Dorsey emphasized the necessity for Bitcoin to evolve beyond mere “hodling” to ensure its long-term viability, highlighting the importance of enhancing Bitcoin’s utility.~This episode is sponsored by Tangem~Tangem ➜ https://bit.ly/TangemPBNUse Code: "PBN" for Additional Discounts!Guest: Paul Sztorc, Founder and CEO · LayerTwo LabsLayerTwo Labs website ➜ https://layertwolabs.com/00:00 Intro00:17 S...
2025-04-04
19 min
Bitcoin Takeover Podcast
S16 E10: Eric Voskuil & John Carvalho on Bitcoin & Austrian Economics
In recent years, Bitcoin has undergone a major culture shift which promotes stagnation, complacency & simping to politicians over maximizing the utility of the money. Eric Voskuil & John Carvalho join the show to remind everyone what the mission really is. State of Bitcoin - [00:01:17] Bitcoin Maximalism - [00:01:32] Bitcoin as a Ponzi Scheme - [00:02:27] Transaction Fees - [00:04:57] History of Bitcoin Tokens (Omni, Counterparty, Mastercoin) Definition of Tokens - [00:08:01] Custodial Problems with Tokens - [00:09:12] Bitcoin and Fiat Money - [00:11:09] Why Bitcoiners Talk About Money - [00:15:49] Stateless Money - [00:17:44] Austrian Economics and Bitcoin - [00:21:01] Monetary Inflation vs. Price Inflation - [00:26:01] Cantillon Effect - [00:29:00] Dollar...
2025-02-26
8h 21
Citizen Web3 Podcast
Fiat, Markets and The Titanic with Paul Sztorc
This episode of the #citizenweb3 podcast features Paul Sztorc from LayerTwo Labs Paul Sztorc emphasizes the importance of freedom, consent, and innovation in driving human progress and economic competitiveness. He uses historical comparisons and analogies, such as East vs. West Germany and the Titanic, to highlight the role of markets in solving problems and the discipline imposed by repeated interactions. LayerTwo Labs focuses on enhancing Bitcoin through second-layer solutions like Drivechain, allowing multiple blockchains to operate alongside Bitcoin. Their goal is to drive innovation and scalability in the crypto space. We spoke to...
2024-10-24
56 min
Bitcoin Takeover Podcast
S15 E55: Jake Yokom-Piatt & Phoenix Green on Bitcoin, Decred & Privacy
Decred is one of the oldest & most respectable altcoin projects around, which today has base layer privacy by default, a very stable Lightning Network implementation & an excellent DEX. Jake Yokom-Piatt & Phoenix Green explain how it all works. ––––––––––––––––––––––––––––––––––– Time stamps: Introducing Jake & Phoenix (00:00:11) Jake's Background (00:01:23) Creation of Decred (00:02:48) Challenges Faced in Bitcoin Development (00:04:41) Initial Steps Towards Decred (00:06:11) Governance Issues in Bitcoin (00:07:20) Phoenix's Introduction (00:09:01) Overview of Bison Wallet (00:10:03) Phoenix's Journey with Decred (00:10:52) Atomic Swaps and Bison Wallet (00:11:55) Bison Wallet Development Costs (00:12:57) Philosophy Behind Bison Wallet (00:17:48) Corruption in Traditional Exchanges (00:18:18) Bison Wallet Features Explained (00:20:58) Differences Between Bitcoin and Decred (00:21:52) Consensus Algorithm and Its Issues (00:23:05) Governance Problems in Bitcoin (00:24:02) Funding Challenges in Bitcoin (00:24:5...
2024-09-21
2h 58
The Bitcoin Layer
Lightning Network: The Economics of Bitcoin's Global Payment Rails
In this episode, Nik is joined by Amboss founder Jesse Shrader to discuss his Lightning Network company and the evolution of bitcoin's second layer. Jesse presents fascinating statistics about the usage of LN, discusses how node operators manage payment channels, and explains LN's tradeoffs & relationship with bitcoin's blockchain. Nik and Jesse unveil how the evolution of LN contributes to bitcoin as a global monetary network. The Bitcoin Layer is a bitcoin and global macroeconomic research firm. The Bitcoin Layer is proud to be sponsored by Unchained, the leader in Bitcoin financial services. Unchained empowers you...
2024-08-29
39 min
The Bitcoin Layer
Lightning Network: The Economics of Bitcoin's Global Payment Rails
In this episode, Nik is joined by Amboss founder Jesse Shrader to discuss his Lightning Network company and the evolution of bitcoin's second layer. Jesse presents fascinating statistics about the usage of LN, discusses how node operators manage payment channels, and explains LN's tradeoffs & relationship with bitcoin's blockchain. Nik and Jesse unveil how the evolution of LN contributes to bitcoin as a global monetary network. The Bitcoin Layer is a bitcoin and global macroeconomic research firm. The Bitcoin Layer is proud to be sponsored by Unchained, the leader in Bitcoin financial services. Unchained empowers you to take full control of...
2024-08-29
39 min
Steady Lads
Steady Lads #55 • Jump Dump & Memecoin Drama! w/ Paul Sztorc
The Lads are joined this week by Founder and CEO LayerTwo Labs, Paul Sztorc! It's an exciting episode with a ton of discussion around building the park that brings the guests in. Will that be Bitcoin, Ethereum, Solana, or something else entirely? Plus, we break down the market dump, and deep dive into the latest memecoin drama. Thanks for tuning in, and make sure to Like & Subscribe! In this episode we cover: 00:00 Stream Starts Soon 01:24 The Market Dump! 10:44 Welcoming Paul...
2024-08-09
1h 04
Bitcoin Takeover Podcast
S15 E41: F/Dev (1440000bytes) on Joinstr & Bitcoin Privacy
F/Dev, also known as 1440000bytes or simply "Floppy", is an open source developer best known for his work on Joinstr: a CoinJoin implementation for Electrum wallet. In this episode, he talks about Bitcoin privacy & his new job at LayerTwo Labs. Time stamps: Mr. Floppy's Work on CoinJoin (00:01:31) Discusses the implementation of CoinJoin feature in Electrum wallet and the challenges faced. Differences in CoinJoin Protocols (00:04:02) User Reception and Usage of CoinJoin (00:06:35) Challenges and Social Dynamics in Bitcoin Community (00:11:45) State of Lightning Network (00:22:06) Mr. Floppy's Employment at LayerTwo Labs (00:18:22) LayerTwo Labs and Lightning Network Critique (00:21:23) Client Protections (00:29:26) Custodial Wallet Risks (00:30:41) Custodial...
2024-06-05
1h 53
Bitcoin Takeover Podcast
S15 E21: Fiatjaf on Nostr, Drivechains & Why Lightning Sucks
Fiatjaf is the creator of Nostr, a decentralized social media protocol which enables everyone around the world to communicate without censorship. Surprisingly, he doesn't agree with some existing Nostr software, no longer likes Lightning & promotes BIP300. Nostr Bitcoin and Lightning (00:00:47) Fiatjaf's creation Nostr, association with Bitcoin, and differing opinions on its development and use. Creation of Nostr (00:01:55) Decentralization and BlueSky (00:07:31) Comparison between Nostr and BlueSky, and the importance of decentralization. Peter Todd's Criticism (00:09:33) Fiatjaf's response to Peter Todd's criticism and the misunderstanding of Nostr's decentralization. Nostr's Popularity and Lightning Criticism (00:15:31) The influence of Jack Dorsey on Nostr's growth and the...
2024-02-22
1h 55
The Bitcoin Podcast
Paul Sztorc of LayerTwo Labs | Drivechains, Scaling Bitcoin without Compromise
In this episode, Paul Sztorc discusses his vision for drive chains, a concept he believes could advance Bitcoin by allowing for permissionless innovation and competition among developers, leading to a diverse array of L2 applications that work in tandem with Bitcoin's L1.
2024-01-25
1h 28
The Charlie Shrem Show
Demolishing Dogmas: The Rebels Reshaping the Bitcoin Battlefield and Crypto's Radical Architects Neel Somani, Leonard Dorlochter, and Paul Sztorc
Crypto's radical architects are dismantling digital dogmas. Together with Neel Somani, Leonard Dorlochter, and Paul Sztorc, we'll be navigating the chaos of the cryptoverse, revealing game-changing L2 solutions, and exposing the tech that could terminate the reign of altcoins. Brace yourself for a thrilling ride into the underbelly of the blockchain world!Are you ready to confront the new world of Web3? Charlie Shrem brings you face to face with the digital daredevils of Eclipse, peaq, and LayerTwo Labs. Join us as we dissect the future of the internet, unravel the Economy of Things, and expose the...
2023-05-23
1h 14
Web Tres
Finanzas Descentralizadas vs Finanzas Tradicionales | WEB TRES EP. 13
Matías Romero es Country Manager en Perú de Buenbit.com, uno de los mayores mercados de criptomonedas que te permite comprar y vender Bitcoin, Solana, Ethereum, Matic y otras criptomonedas con tu moneda local de forma fácil, rápida y segura. Ya tienen operaciones en Argentina, Mexico y Perú. Conversamos con Matías sobre como como ingresó al mundo de Web3 tras su paso en finanzas tradicionales, las ventajas que ofrecen las fin a descentralizadas (Defi), las opciones que tienen los gobiernos para adoptar el mundo crypto, la visión de Buenbit, el impacto de Cryto en...
2022-04-28
1h 28