Early Bitcoin Core developer Matt Corallo started working on Bitcoin in 2011. At that time he still attended high school and lived in Germany near Frankfurt am Main. He was a cofounder of Blockstream before he started working on open source projects for Bitcoin at Chaincode Labs in New York. We discuss many different topics, ranging from his interest in Bitcoin at the beginning, to current issues like miner centralization, projects he is working on – Fibre, BetterHash and Rust lightning to the music he likes.
Topics:

how he got into Bitcoin at the age of 18
who the first developers were
why he speaks german – he went to kindergarden in Germany and lived near Frankfurt around 2011
non-remote working at Chaincode Labs
his first major patch for Bitcoin core
how Bitcoin developers got funded and Blockstream started
Bitcoins growth outside the western world
Mining in China
the energy consumption of Bitcoin is not a problem in the long run
how stranded energy is used to mine bitcoin
relationship between mining and the price of bitcoin – hashrate follows the price
privacy has to be default
GlobalCoin or FacebookCoin (this was recorded before the Libra Whitepaper was released)
cannot compete with bitcoin and its core features like uncensorability
how the Blockstream satellites and miners utilize the Fibre (Fast Internet Bitcoin Relay Engine) protocol Matt worked on
the great firewall of China
his Rust Lightning library
BetterHash a mining protocol to decentralize mining within a pool
open questions like Mining centralization, Lightning and scalability of any blockchain system
on how to become a Bitcoin developer
the mindset of Bitcoin developers

“I still consider Bitcoin largely an experiment to see wether or not we can build a decentralized currency, because right now, it’s not.” – Matt Corallo
“It takes a long time to develop robust markets across the entire globe.” – Matt Corallo
“Bitcoin is a system where you don’t need to trust someone.” – Matt Corallo
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Der Beitrag Matt Corallo on the Social Good of Bitcoin and the Mindset of a Bitcoin Developer erschien zuerst auf The Anita Posch Show.
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