Paul Puey is the CEO & co-founder of Edge Wallet: a light mobile wallet which is optimized for privacy features. In this episode, we talk about the philosophy behind Edge, how one should analyze privacy features & the various layers of Bitcoin privacy.

Time stamps:

Introducing Paul Puey (00:00:47 )

Overview of Edge Wallet Features (00:02:08 )

Decentralized Exchange Integration (00:04:00 )

Challenges of Privacy in the U.S. (00:04:58 )

Privacy and User Security (00:06:05 )

Political Climate and Crypto (00:08:05 )

Expectations from Politicians (00:10:01 )

Open Source Status of Edge Wallet (00:12:33 )

Importance of Transparency (00:14:31 )

User Privacy and App Permissions (00:15:56 )

Edge Wallet's Architecture (00:18:51 )

Public Key Data Handling (00:19:19 )

Transition to BlockBook Servers (00:19:58 )

Privacy Enhancements in Edge Wallet (00:20:59 )

Understanding Xpub and Privacy Trade-offs (00:21:59 )

Monero's View Key Explained (00:23:12 )

Running a Private Monero Node (00:25:17 )

Future of View Tags in Monero (00:26:19 )

Sideshift ad (00:28:04 )

Comparing Electrum and Full Nodes (00:28:26 )

Blockchain Data Management (00:30:24 )

Querying Blockchain Efficiently (00:32:25 )

Challenges of Running a Full Node (00:34:38 )

The Usability of Multi-Chain Apps (00:35:33 )

Comparing Banking Systems to Crypto (00:36:38 )

Sponsorship Message from StarkWare (00:37:20 )

Excitement for L2 Developments (00:38:09 )

The Future of Sidechains vs. zk Rollups (00:38:25 )

Improvements in Sidechain Technology (00:38:50 )

The Potential of Sidechains for Multiple Cryptos (00:40:03 )

Challenges for Bitcoin's Functionality (00:41:17 )

Market Demand for Bitcoin Innovations (00:41:45 )

Debate on Sidechains and Miners' Political Power (00:42:22 )

Regulatory Discussions on Miners' Compensation (00:43:16 )

The Viability of Small-Scale Mining (00:44:44 )

The Reality of Mining Profitability (00:45:53 )

Ideological Mining vs. Profit-Driven Mining (00:48:19 )

The Concept of Tail Emission in Bitcoin (00:49:41 )

Challenges of Implementing Tail Emission (00:50:21 )

Funding L2 Validators through Transaction Fees (00:51:46 )

The Future of Bitcoin's Layer 1 and Layer 2 (00:52:53 )

Discussion on Layer 1 and Layer 2 (00:54:30 )

Multisig and Threshold Signatures (00:55:05 )

Long-term Viability of Layer 1 (00:56:52 )

Future of Bitcoin (00:57:52 )

Ethereum as Layer 2 for Bitcoin (00:58:30 )

Challenges of Lightning Network (00:59:24 )

Hybrid Proof Systems (01:00:59 )

Transition to Privacy Discussion (01:03:05 )

Market Trends Affecting Privacy Coins (01:03:35 )

Privacy Coins and Transactional Use (01:07:00 )

Integration of New Privacy Coins (01:08:01 )

Lengthy Response on Listing Coins (01:10:01 )

Clarifying Privacy Expectations (01:11:00 )

Privacy Layers Overview (01:12:21 )

Coinjoin and Sender Privacy (01:12:21 )

Stealth Addresses Explained (01:13:28 )

Confidential Transactions (01:14:35 )

Challenges of Privacy Coins (01:15:45 )

IP Address Privacy (01:18:59 )

Bitcoin's Privacy Potential (01:19:06 )

Zcash and Scalability (01:20:17 )

Litecoin's MimbleWimble Extension Block (01:21:07 )

User Experience and Protocol Complexity (01:22:38 )

Soft Fork vs. Sidechain (01:25:30 )

Lightning Network's Privacy Claims (01:28:22 )

Anonymity Set in Lightning (01:29:43 )

Understanding Centralized Entities and Anonymization (01:30:39 )

Challenges of Multiple Hops in Lightning (01:31:51 )

Integration of Lightning Network into Edge Wallet (01:32:37 )

Self-Custody Focus of Edge Wallet (01:34:22 )

Bringing Self-Custody to the Masses (01:34:49 )

Importance of Privacy Tools (01:36:13 )

Controversial Opinions on Bitcoin (01:37:09 )

Skepticism Towards Bitcoin's Future (01:40:47 )

Market for Non-Bitcoin Functions (01:43:16 )

Hardware Wallet Integration in Edge Wallet (01:44:33 )

Onboarding Users Without Seed Phrases (01:46:29 )

User Experience and Security in Edge Wallet (01:47:03 )