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Are Covenants Necessary for Bitcoin? with Brandon Black (SLP537)

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Manage episode 392659502 series 2408472
Content provided by Stephan Livera. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Stephan Livera or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Not everybody understands that blockchains themselves don’t scale. And this may create some tricky implications if we want to onboard large numbers of people to Bitcoin. This is why some of the discussion nowadays is about soft forks and covenants. Brandon Black rejoins me to talk about some of his ideas on how many people can use Bitcoin with current tech, and how covenants such as CTV (Check Template Verify) could help improve this. We discuss:

  • How many people can use Bitcoin
  • Why not build L3?
  • Thoughts on block size
  • “Rush to the exits”
  • Different kinds of forks
  • Covenant proposals explained in english
  • Concrete proposals
  • Commercial demand
  • Unforeseen risks
  • Value density

Links:

Prior Episodes:

Sponsors:

Stephan Livera links:

  continue reading

580 episodes

Artwork
iconShare
 
Manage episode 392659502 series 2408472
Content provided by Stephan Livera. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Stephan Livera or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Not everybody understands that blockchains themselves don’t scale. And this may create some tricky implications if we want to onboard large numbers of people to Bitcoin. This is why some of the discussion nowadays is about soft forks and covenants. Brandon Black rejoins me to talk about some of his ideas on how many people can use Bitcoin with current tech, and how covenants such as CTV (Check Template Verify) could help improve this. We discuss:

  • How many people can use Bitcoin
  • Why not build L3?
  • Thoughts on block size
  • “Rush to the exits”
  • Different kinds of forks
  • Covenant proposals explained in english
  • Concrete proposals
  • Commercial demand
  • Unforeseen risks
  • Value density

Links:

Prior Episodes:

Sponsors:

Stephan Livera links:

  continue reading

580 episodes

All episodes

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