Liam Eagen (Alpen Labs), Robin Linus (Zero Sync, BitVM) & Jonas Nick (Blockstream, Taproot) talk about their groundbreaking research paper about Shielded Client-Side Validation – a new way to bring privacy & scalability to Bitcoin.

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Time stamps:

Introduction (00:00:51 )

What is Client-Side Validation? (00:02:09 )

Trade-offs in Client-Side Validation (00:04:20 )

Comparison with Existing Protocols (00:05:18 )

On-chain Throughput and Privacy (00:09:21 )

Connecting Bitcoin and Shielded CSV (00:09:55 )

User Interaction with the Protocol (00:11:07 )

Challenges with the Lightning Network (00:12:22 )

Atomic Swaps and Compatibility (00:14:56 )

Shielded CSV vs Monero & Zcash (00:16:12 )

Discussion on STARKs (00:19:28 )

OP_CAT and Covenants (00:21:46 )

OP_CAT and Functional Encryption (00:24:03 )

Exploration of BitcoinOS (00:25:21 )

Potential of BitVM (00:26:11 )
Bitcoin as a Currency (00:28:21 )

Funding for CSV Projects (00:30:40 )

Taint Concept in Shielded Transactions (00:31:14 )

Adoption and Privacy Protocols (00:34:08 )

Transaction Fees in Shielded Transactions (00:35:08 )

Throughput and Base Layer Efficiency (00:36:04 )

Node Behavior During Transactions (00:38:12 )

Comparison with MimbleWimble (00:39:41 )

CryptoSteel’s New Device (00:40:29 )

Drivechains (00:41:04 )
Discussion about crypto steel backups and a sponsor, Layer Two Labs, promoting drive chains.
Concerns Over Soft Forks (00:43:51 )

Rough Consensus Definition (00:45:04 )

Challenges of Soft Fork Implementation (00:46:15 )

Balancing Stability and Innovation (00:47:29 )

Miner Incentives and Fee Structures (00:48:38 )

Future of Post-Quantum Proposals (00:49:44 )

Increasing Block Size for CSV (00:50:00 )

Ideal Block Size Debate (00:53:08 )

Quantum Computing Threat (00:59:02 )

Potential Consequences of Quantum Attacks (01:00:24 )

Post-Quantum Solutions (01:02:23 )

Quantum Computing Timeline (01:02:50 )

Complexity of Quantum Computers (01:03:31 )

Quantum Records and Limitations (01:05:44 )

Chat Question on Shielding Protocol (01:06:12 )

Hodling.ch (01:06:45 )

Self-Custody Security (01:09:15 )

Threat Models in Security (01:09:58 )

Hardware Wallet Cautionary Tale (01:10:33 )

Conference Discussions (01:12:05 )

Shielded CSV Funding and Development Timeline (01:13:58 )

Prototype Development Outlook (01:15:29 )

Concerns Over Adoption (01:17:31 )

Scalability vs. Privacy Debate (01:19:34 )

Tether on Shielded CSV? (01:22:04 )

Revenue Models Discussion (01:22:22 )

Transaction Fees and Profitability (01:23:25 )

Publisher Fees in CSV Protocol (01:24:16 )

Competition and Business Models (01:25:40 )

Soft Fork Proposals for Improvement (01:26:07 )

Script Restoration and Arithmetic Improvements (01:27:30 )

Future of Shielded Client-Side Validation (01:37:23 )

Keeping Up with Developments (01:38:44 )

Self-Promotion and Team Dynamics (01:41:05 )

Proof of Stake? (01:42:51 )

Rare Pepes in Shielded CSV (01:43:56 )

Acknowledgment of Guests (01:46:18 )

Call to Action: Shield Emoji (01:47:57 )

Importance of Learning Bitcoin (01:48:07 )

Resources for Learning Bitcoin (01:48:31 )
Commentary on Peter Wuille (01:49:26 )
Block Size Debate (01:50:02 )
Optimizing Bitcoin for Global Use (01:51:05 )