I'm joined by guests James O'Beirne & Rijndael to discuss CTV.
00:01:23 Guest intros00:01:58 Recap00:03:10 Technical overview of covenants00:14:41 Watchtowers00:16:16 Use cases for vaulting & scripts00:21:53 Use cases for vaulting & scripts00:26:10 Covenants as a solution to third party00:27:42 Covenants and censorship risks00:33:24 Covenants and censorship risks00:34:07 Risks of major Bitcoin changes00:39:39 Cryptographic improvements of CTV00:40:14 Quantifying the scale of change in code00:46:52 TX hash00:49:04 Simplicity of CTV00:50:19 The consensus deadlock00:55:34 Social coordination and activation01:05:55 Speedy trial - good or bad for Bitcoin?01:16:00 Problems with Bitcoin core defaults01:18:18 The politics of changing Bitcoin01:23:36 Testing for consensus01:28:37 State sabotage01:31:56 Moving forward with activation01:36:48 State of development and economic01:53:04 Bitcoin.Review going late night call01:54:04 Next steps01:59:58 Bitcoin politics closing summary02:01:38 Closing thoughtsWebsite: https://bitcoin.review/PodcastTwitter: https://twitter.com/bitcoinreviewhqNVK Twitter: https://twitter.com/nvkTelegram: https://t.me/BitcoinReviewPodNostr & LN:⚡[email protected] (not an email!) Full show notes: https://bitcoin.review/podcast/episode-52