S15 E65: Bitcoin Covenants Without Soft Forks with Avihu M. Levy of StarkWare
Update: 2024-11-13
Description
The recent ColliderScript research paper is a game changer: it enables Bitcoin covenants at a high cost, but without requiring any soft fork. It's the most remarkable breakthrough since BitVM and co-author Avihu M. Levy is here to explain how it works!
Time stamps:
Introduction (00:00:45 )
Avihu M. Levy's Background in Bitcoin (00:02:25 )
Covenants in Bitcoin (00:03:43 )
Impact of Taproot Upgrade (00:06:07 )
Research Renaissance in Bitcoin (00:08:42 )
Debate on Taproot's Impact (00:09:18 )
ColliderScript Paper Overview (00:12:21 )
Covenants and Script Limitations (00:14:09 )
Bridging Script Worlds (00:16:11 )
Importance of Covenants (00:17:34 )
Covenants and Scaling (00:22:23 )
Community Sentiment on Covenants (00:23:45 )
Research and Development for Covenants (00:25:07 )
Concerns About Covenants (00:25:48 )
Predicting the Impact of Taproot (00:26:26 )
Funding for Covenant Research (00:28:42 )
ColliderScript Overview (00:29:44 )
Background on ColliderScript Development (00:30:30 )
Future Improvements for Collider Script (00:33:21 )
Motivation Behind Collider Script (00:36:18 )
Community Demand for Simplified Solutions (00:39:07 )
Starkware's Goals and Community Perception (00:40:27 )
Avihu's Bitcoin Journey (00:40:33 )
Technological Readiness (00:41:43 )
Bitcoin vs Ethereum (00:42:01 )
Importance of STARKs (00:42:45 )
Closing Remarks (00:43:27 )
Time stamps:
Introduction (00:00:45 )
Avihu M. Levy's Background in Bitcoin (00:02:25 )
Covenants in Bitcoin (00:03:43 )
Impact of Taproot Upgrade (00:06:07 )
Research Renaissance in Bitcoin (00:08:42 )
Debate on Taproot's Impact (00:09:18 )
ColliderScript Paper Overview (00:12:21 )
Covenants and Script Limitations (00:14:09 )
Bridging Script Worlds (00:16:11 )
Importance of Covenants (00:17:34 )
Covenants and Scaling (00:22:23 )
Community Sentiment on Covenants (00:23:45 )
Research and Development for Covenants (00:25:07 )
Concerns About Covenants (00:25:48 )
Predicting the Impact of Taproot (00:26:26 )
Funding for Covenant Research (00:28:42 )
ColliderScript Overview (00:29:44 )
Background on ColliderScript Development (00:30:30 )
Future Improvements for Collider Script (00:33:21 )
Motivation Behind Collider Script (00:36:18 )
Community Demand for Simplified Solutions (00:39:07 )
Starkware's Goals and Community Perception (00:40:27 )
Avihu's Bitcoin Journey (00:40:33 )
Technological Readiness (00:41:43 )
Bitcoin vs Ethereum (00:42:01 )
Importance of STARKs (00:42:45 )
Closing Remarks (00:43:27 )
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