Bitcoin.Review Podcast with NVK & Guests

BR029 - SegWit, Taproot, Schnoor, Inscriptions & Witness Discount ft. Andrew Poelstra & Adam Gibson


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I'm joined by guests Andrew Poelstra and Adam Gibson to discuss SegWit and related issues including taproot, schnoor, inscriptions and the witness discount.

Discussion Topics:

  • 00:02:14 Introductions to guests
  • 00:05:06 Introductions to episode
  • 00:06:12 bech32
  • 00:15:46 The malleability problem
  • 00:22:23 Mental model for understanding malleability
  • 00:26:16 Primer on SegWit
  • 00:36:23 Why does witness data have a discount?
  • 00:42:40 What is sighash?
  • 00:46:55 How is the weight calculated?
  • 00:53:19 Inputs and outputs
  • 00:58:41 Importance of the UTXO set
  • 01:02:45 Block size considerations
  • 01:04:13 Calculating the witness data discount
  • 01:09:00 Introduction to Taproot and Schnoor
  • 01:11:08 Schnoor signatures
  • 01:21:01 Taproot
  • 01:36:59 Taproot use cases
  • 01:40:31 Timelocks, covenants and OP_VAULT
  • 01:44:44 Taproot + lightning
  • 01:47:17 Ordinals and inscriptions
  • 02:06:40 References
  • 02:09:11 Final thoughts
  • Links & Contacts:

    • Website: https://bitcoin.review/Podcast
    • Twitter: https://twitter.com/bitcoinreviewhq
    • NVK Twitter: https://twitter.com/nvk
    • Telegram: https://t.me/BitcoinReviewPod
    • Nostr & LN:⚡[email protected] (not an email!)
    • Full show notes: https://bitcoin.review/podcast/episode-29/

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