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S15 E59: David Burkett on MWEB & Privacy

Bitcoin Takeover Podcast
Bitcoin Takeover Podcast
Episode • Oct 13, 2024 • 39m
MWEB (MimbleWimble Extension Block) is a way to add privacy & extra scalability on a parallel blockchain. First proposed by Andrew Poelstra in 2016, it was quickly forgotten in the Bitcoin world. But thanks to David Burkett, it's now live on Litecoin.

Time stamps:

Introduction to MWEB and David Burkett (00:00:55)

Origins of MWEB (00:01:40)

Comparing MWEB to Bitcoin's Taproot (00:02:07)

Community Trends in Bitcoin (00:02:32)

Historical Context of Litecoin's Privacy Features (00:03:23)

Challenges in Development (00:04:09)

Explanation of Grin and MWEB (00:05:03)

Grin's Adoption Issues (00:09:01)

Marek Narozniak's Insights (00:10:06)

Relevance of MWEB Today (00:10:48)

MWEB vs Grin (00:12:13)

Technical Challenges of MWEB Implementation (00:14:23)

User Experience in MWEB (00:16:28)

Types of Privacy in MWEB (00:18:03)

Network Level Privacy (00:18:18)

Satoshi's Vision on Privacy (00:19:16)

Limitations of MWEB (00:20:05)

Sender Privacy Considerations (00:21:07)

Combining MWEB and Clear Chain Inputs (00:22:04)

Understanding MWEB Pegging (22:05)

Privacy Considerations in Transactions (23:02)

CoinJoin and MWEB Integration (24:45)

Liquidity of Privacy Coins (26:46)

Future of Swaps Between Coins (29:24)

Drivechains (31:57)

Risks of Consensus Changes (35:02)

Rebranding MWEB as VPM (37:16)

Anonymity vs. Liquidity (38:37)

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