Gloria Zhao on Bitcoin Network Defense: Core Developers, Decentralized Nodes, and Emerging Tech Threats
In this episode with Bitcoin Core dev Gloria Zhao we discuss:
- Second generation immigrant pursuing grant-funded development over job at Google, Meta, etc.
- The verifiability of Bitcoin
- Do we have enough nodes around the world?
- Block scarcity
- Is Bitcoin really nation-state resistant and unhackable?
- Should people put all their money into Bitcoin?
- Financing core devs and incentives
- Can AI or quantum computing crack Bitcoin?
- Will there be another Block Size War?
GLOSSARY:
- Bitcoin Core: Software considered the reference implementation for the Bitcoin protocol. It is the continuation of Satoshi Nakamoto’s original bitcoin software released in 2009.
- Block: A block is a record in the blockchain that contains transactions. Roughly every 10 minutes, on average, a new block is appended to the blockchain through mining.
- Block Size: The amount of data that can be stored in a block. This size is limited to maintain the efficiency and integrity of the blockchain.
- Node: A computer that connects to the Bitcoin network.
- Private Key: A private key is a piece of data that proves your right to spend bitcoins from a specific wallet through a cryptographic signature.
- UTXO: Unspent Transaction Output - An output that has not been sent to another address. The bitcoin wallet balance is calculated from adding up unspent outputs.
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BIO: Gloria is one of the maintainers of Bitcoin Core, primarily focused on the peer-to-peer protocol. Her projects include package relay (BIP 331) and TRUC (BIP 431), aimed at reducing censorship vectors and fee-bumping inefficiencies in transaction relay. She is sponsored by Brink, a nonprofit dedicated to supporting open source Bitcoin development. Visit https://brink.dev and https://bitcoinops.org.
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