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S15 E46: Peter Todd on Bitcoin Covenants, Tail Emission, OpenTimestamps & Why Lightning Rocks

Bitcoin Takeover Podcast
Bitcoin Takeover Podcast
Episode • Jul 19, 2024 • 51m
Peter Todd is known for being brutally honest: so when it comes to topics such as covenant soft forks, monetary inflation, Bitcoin scaling & privacy, he won't hold back from being critical while expressing his love for the Lightning network.

Time stamps:

Introducing Peter Todd (00:00:41)

Full RBF Discussion (00:01:56)

Free Relay Attack Insights (00:04:05)

Economic Incentives for Miners (00:05:00)

Tail Emission Proposal (00:06:43)

Critique of Fixed Supply Beliefs (00:08:43)

Litecoin, Dogecoin & Tail Emission (00:11:30)

Covenants in Bitcoin (00:13:21)

Covenants and Lightning Network (00:14:21)

Transaction Cycling Attack in Lightning (00:16:02)

State of the Lightning Network (00:17:11)

Discussions on ZK Rollups (00:18:55)

Concerns Over Changing Incentives (00:19:26)

Objections to ZK Rollups (00:20:21)

Drivechains and Politics (00:22:05)

Risks of Miner Politics (00:23:56)

Hashrate Decentralization Debate (00:24:01)

Prediction Markets and Decentralization (00:26:25)

Covenants and Drivechains (00:27:08)

Covenants vs. CTV (00:28:33)

Cashu and Lightning Network (00:29:50)

BitVM and Sidechains (00:31:46)

Excitement About Lightning (00:33:02)

Critique of Fee-Free Transactions (00:34:20)

Peter Todd & John Dillon (00:36:13)

Open Timestamps in 2023 Guatemala Presidential Elections (00:37:41)

Voting Fraud Evidence (00:39:51)

Timestamping the Internet Archive (00:42:33)

Non-Scammy Cryptocurrencies (00:45:30)

Mimble Wimble Extension Block (00:47:57)

The Future of Bitcoin (00:49:05)

Peter's Current Projects and Funding (00:51:02)

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