On the Bitcoin Takeover podcast you're going to hear the builders and innovators who make the Bitcoin project valuable. It's thanks to their work that the BTC price goes up, and it's their efforts that convince large investors that Bitcoin is the future of money. Here you will find the projects and ideas that will radically improve Bitcoin in the future, presented by the creators and innovators themselves. Time to learn!
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Recently, LayerTwo Labs CEO Paul Sztorc has come up with an interesting scheme to upgrade Bitcoin: it's called CUSF (Core Untouched Soft Forks) and it puts the miners in control, in order to bypass the Bitcoin Core bureaucracy. Will it work, though?
Time stamps: Introducing Paul… again! (00:00:46) Core Untouched Soft Work (00:01:56) Peter Todd's Criticism (00:02:19) Debate on Soft Forks (00:04:44) Luke Dash Jr.'s Perspective (00:05:00) SPV Wallets and Full Nodes (00:08:51) Data Availability Issues (00:12:10) Neutrino and Privacy (00:14:16) Dandelion++ Proposal (00:17:05) Quality of Bitcoin Core Development (00:18:45) Libbitcoin’s Fast Sync (00:19:36) Bitcoin Core Limitations (00:20:01) Governance Challenges (00:20:55) Responsibility in Development (00:24:39) Mainstream Adoption Concerns (00:25:31) Risk of Centralization (00:26:54) Michael Saylor's Influence (00:27:55) Wrapped Bitcoin and Smart Contracts (00:33:19) Bitcoin Core's Innovation Stagnation (00:34:31) BIP 300 and Soft Forks (00:37:11) Redefining Bitcoin Maximalism (00:38:27) The Miners' Interests (00:40:46) Layer Two Labs (00:41:56) Explaining the Core Untouched Soft Work Proposal (00:43:53) Challenges with Soft Fork Activation (00:46:04) Slow Progress of Soft Forks (00:48:12) Competition Among Layer 1 Solutions (00:49:21) Critique of the Lightning Network (00:51:31) Concerns Over Custodial Solutions (00:53:06) Historical Perspective on Lightning Network (00:54:17) Cultural Issues in Criticizing the Lightning Network (00:55:22) Incompetence in Development (00:56:40) Potential for Improvement (00:58:57) BIP Activation Dynamics (01:00:22) Prediction Markets for Bitcoin Soft Forks? (01:01:22) Political Control in Bitcoin (01:02:49) Concerns About Full Nodes (01:04:18) Covenants and Activation Delays (01:05:38) Blockstream's Influence (01:06:56) Why Covenants Are a Mistake (01:08:01) The Role of Miners in Soft Forks (01:09:13) Misguided Investments in Technology (01:10:21) Competition in Bitcoin Development (01:11:23) Privacy Improvements in Bitcoin (01:14:46) The Search for Innovative Solutions (01:17:13) User Experience and Adoption (01:21:41) No Interest in User Experience (01:22:45) Changing the Culture (01:23:19) Technological Gaps (01:24:04) Network Effects and Competition (01:25:15) Bitcoin's Complacency (01:26:34) Decentralization Spectrum (01:28:13) Historical Context of Competition (01:29:05) Privacy Innovations (01:31:29) Politicians Praising Bitcoin (01:34:10) Mainstream Adoption (01:35:31) Innovation and Disruption (01:37:33) Sponsor Plug and Market Insights (01:38:16) Community Questions (01:42:52) Blocking on Twitter (01:43:20) Perceptions of Bitcoiners (01:45:40) Miners' Misunderstanding of Bitcoin (01:46:37) Future of Bitcoin Projects (01:49:07) Privacy Improvements in Bitcoin (01:50:15) Monero's Position in Privacy (01:51:57) Mempool Policy and CUSF (01:54:36) Conway's Law in Bitcoin (01:58:20) Criticism of Bitcoin's Direction (02:00:09) Responsibility in Bitcoin Core Development (02:01:59) Ad Hominem Attacks in Bitcoin Proposals (02:04:15) Closing Statement on CUSF (02:05:06) The Future of Consensus (02:05:16) Soft Forks and Innovation (02:06:08) Understanding Soft Forks (02:07:12) Prediction Markets in Bitcoin? (02:08:18)
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