The Bitcoin Game #60: Dr. Adam Back Part 2 - Liquid

Welcome to episode 60 of The Bitcoin Game, I'm Rob Mitchell. I'm happy to bring to you part two of my interview with Cypherpunk and CEO of Blockstream, Dr. Adam Back. In this episode, we take a deep dive into Liquid, Blockstream's new federated sidechain. There's a lot more to Liquid than I realized, and it's fascinating to hear tons of details about the protocol. I lead us astray with some of my questions, but Dr. Back never fails to drop tons of crypto-knowledge. And if you missed the first part of my interview, give episode 59 a listen to hear a great Cypherpunk history lesson. EPISODE LINKS First half of our interview (The Bitcoin Game #59) https://letstalkbitcoin.com/blog/post/the-bitcoin-game-59-dr-adam-back Adam Back (Adam3us) on Twitter https://twitter.com/adam3us Dr. Back's Info Page http://www.cypherspace.org/adam Blockstream https://blockstream.com Lightning Network White Paper by Joseph Poon & Thaddeus Dryja https://lightning.network/lightning-network-paper.pdf Duplex Micropayment Channels by Christian Decker & Roger Wattenhofer https://www.tik.ee.ethz.ch/file/716b955c130e6c703fac336ea17b1670/duplex-micropayment-channels.pdf ETHZ (where Christian Decker earned his Bitcoin PhD) https://www.ethz.ch/de.html Rusty Russell https://en.wikipedia.org/wiki/Rusty_Russell C-Lightning https://github.com/ElementsProject/lightning Liquid https://blockstream.com/liquid Liquid Assets https://blockstream.com/2018/07/02/liquid-issued-assets Confidential Transactions https://bitcoinmagazine.com/articles/confidential-transactions-how-hiding-transaction-amounts-increases-bitcoin-privacy-1464892525 ERC-20 https://en.wikipedia.org/wiki/ERC-20 Counterparty https://counterparty.io/docs/faq-xcp UTXO https://en.wikipedia.org/wiki/Unspent_transaction_output Bulletproofs https://crypto.stanford.edu/bulletproofs https://eprint.iacr.org/2017/1066.pdf Tether https://en.wikipedia.org/wiki/Tether_(cryptocurrency) Proof of Burn https://www.coinbureau.com/education/proof-of-burn-explained Public Key vs. Public Address https://www.reddit.com/r/Bitcoin/comments/3filud/whats_the_difference_between_public_key_and Lamport Signatures https://en.wikipedia.org/wiki/Lamport_signature The Byzantine Generals Problem https://people.eecs.berkeley.edu/~luca/cs174/byzantine.pdf Schnorr Signatures https://en.wikipedia.org/wiki/Schnorr_signature ECDSA https://en.wikipedia.org/wiki/Elliptic_Curve_Digital_Signature_Algorithm Denial-of-Service Attack https://en.wikipedia.org/wiki/Denial-of-service_attack Tor https://www.torproject.org Liquid Block Explorer https://blockstream.com/2018/08/02/accelerating-liquid-adoption-liquid-block-explorer NBitcoin by Nicolas Dorier https://www.codeproject.com/Articles/768412/NBitcoin-The-most-complete-Bitcoin-port-Part-Crypt Green Address Wallet https://greenaddress.it KYC Compliance https://en.wikipedia.org/wiki/Know_your_customer Paul Sztorc talks about Sidechains, Drivechain, Liquid https://letstalkbitcoin.com/blog/post/lets-talk-bitcoin-377-sidechains-drivechains-and-the-apple-store RootStock https://en.wikipedia.org/wiki/RootStock Spark Lightning Wallet by Nadav Ivgi https://bitcoinmagazine.com/articles/spark-new-gui-lightning-wallet-bitcoin-now-available-download Lightning Splice-In, Splice Out (and more) https://medium.com/@pierre_rochard/day-2-of-the-chaincode-labs-lightning-residency-669aecab5f16 SPV Wallet https://en.bitcoinwiki.org/wiki/Simplified_Payment_Verification Neutrino Lite Bitcoin Client https://github.com/lightninglabs/neutrino/blob/master/README.md Lightning Watchtower https://www.coindesk.com/laolu-building-watchtower-fight-bitcoin-lightning-fraud/ ABCore by Lawrence Nahum (BTC full node on Android) https://play.google.com/store/apps/details?id=com.greenaddress.abcore Hardware Wallet https://en.bitcoin.it/wiki/Hardware_wallet STAY IN TOUCH Thanks so much for taking the time to listen to The Bitcoin Game! https://Twitter.com/TheBTCGame http://TheBitcoinGame.com [email protected] SPONSORS BTC Inc is excited to announce its upcoming conference, Distributed Health, November 5 & 6 in Nashville, TN. This is the first conference to bridge the gap between blockchain technology and the healthcare industry. Now in its third year, this two-day event is an opportunity for all members of the ecosystem, including payers, providers, law makers, retailers, investors and innovators, to reshape the future of healthcare. For more information, visit: health.distributed.com and use the promo code: BTCGAME20 to secure a 20% discount! While much of a Bitcoiner's time is spent in the world of digital assets, sometimes it's nice to own a physical representation of the virtual things you care about. For just the price of a cup of coffee or two (at Starbucks), you can own the world famous Bitcoin Keychain. As Seen On The Guardian • TechCrunch • Engadget • Ars Technica • Popular Mechanics Inforwars • Maxim • Inc. • Vice • RT • Bitcoin Magazine • VentureBeat PRI • CoinDesk • Washington Post • Forbes • Fast Company Bitcoin Keychains - BKeychain.com CREDITS All music in this episode of The Bitcoin Game was created by Rob Mitchell. The Bitcoin Game box art was created from an illustration by Rock Barcellos. Bitcoin (Segwit) tipping address: 3AYvXZseExRn3Dum8z9tFUk9jtQK6KMU4g Note: We've recently migrated our RSS feed (and primary content host) from Soundcloud to Libsyn. So if you notice the Soundcloud numbers have dropped off recently, that's the reason.