Bitcoin Takeover Podcast
BTC Takeover
·
S17 E19
Deadalnix (Amaury Séchet) on Forking Bitcoin & Ecash
▶
-15
+30
0:00
4:29:29
Playback speed
1×
1.25×
1.5×
2×
Jump to a chapter
Chapters
01:19 Intro: the man who forked Bitcoin twice
02:23 “You went French in the summer of 2017”
03:22 XEC down, BCH sideways: network effects
05:05 Memecoin nihilism & the casino culture
06:55 Covenants, spam filters & quantum: the discourse spiral
07:29 BIP 360 & freezing Satoshi’s coins
09:42 Quantum: unsolved physics, oversold promises
10:21 Google’s 2029 deadline & why they only threaten crypto
13:09 Satoshi’s P2PK coins: the ultimate quantum bounty
18:00 From block size taboo to confiscation proposals
18:38 Karpelès’s Mt. Gox unfreezing pitch (try BSV)
22:19 Consensus: the vague god everyone appeals to
25:09 Quantum-resistant hash signatures on XEC & BCH today
30:06 Satoshi’s untouched coins on BTC, BCH, BSV & XEC
33:22 Cake Wallet doesn’t support XEC (yet); SideShift does
36:11 A Bitcoin standard still needs crisis liquidity
38:24 Fractional reserve exists because of base-layer throughput
41:24 Drivechains: months-long withdrawals; eCash’s faster peg plan
46:52 Avalanche explained: seconds-fast but no auditable record
50:28 Heartbeat: steady blocks on a minority chain
52:09 Attacking XEC needs 51% hash AND 51% of coins
53:44 Slushpool signaled Bitcoin XT & got DDoS’d
55:34 The three-way testnet split over the Sigops limit
58:06 Emergent consensus & the game theory paper
59:53 “Bitcoin is fiat currency written in C++” (sorry Saylor)
1:02:38 Giveaway: Amaury’s number is 34; 33 wins 1 ZEC
1:09:37 Was Satoshi a big blocker? Reading between the lines
1:17:21 Hal Finney’s Bitcoin-backed banks: the full 2010 quote
1:21:21 Szabo & Ou’s radio Bitcoin: the 300KB block idea
1:27:02 Calin Culianu: “he hates me” (but Fulcrum is good)
1:30:29 Why every fork starts with an Electrum port
1:33:40 2010: the value overflow bug & the 1MB limit
1:35:11 Strict DER encoding & malleability
1:37:06 CLTV/CSV & how Lightning punishment works
1:41:38 Why BCH never adopted SegWit: the sighash fix
1:46:08 BCH’s first DAA “completely sucked” (by political necessity)
1:48:52 Monolith: 32MB & resurrected Satoshi opcodes
1:50:08 OP_CHECKDATASIG & CTOR: the underrated scaling upgrade
1:56:29 Zero-conf on BCH: fine for coffee, not for cars
1:56:58 BSV: the “Craig is Satoshi” fork
1:58:25 Gigabyte blocks & the speed limit analogy
2:00:22 BSV Genesis: unlimited blocks, P2SH removed, coins stolen
2:04:35 Blacklists & confiscation: just use a SQL database
2:07:21 Why people believe Craig: con man means confidence
2:09:15 Kaminsky’s 2011 Visa math: 1GB blocks, 20 cores
2:14:43 Schnorr on BCH: the patent finally expired
2:19:54 Why the name eCash: Chaum, ecash.pdf & the e.cash domain
2:26:22 BCH keeps shipping: OP_MUL, CashTokens, P2SH32
2:27:47 The irony: BCH now has better L2 rails than BTC
2:29:35 The 8% coinbase rule: the real reason for the split
2:31:02 “If you’re not paid by money, you’re paid by ego”
2:33:52 Regrets? “It’s not clear there was another path”
2:36:21 The Coinbase listing night: BCH at #2
2:40:22 SegWit2X was doomed to be a bait-and-switch
2:42:26 Avalanche post-consensus: finality without forks
2:45:49 Fork-free upgrades via Avalanche
2:48:57 CashTokens critique: ERC20 won & consensus is forever
2:54:12 CashFusion: privacy done right, outside consensus
3:02:32 Hiding amounts means giving up supply auditability
3:04:06 The payment protocol is broken: checks in a giant bucket
3:07:46 Monero’s bloat: a UTXO set that never shrinks
3:09:52 Mimblewimble: elegant, but watchable live
3:13:09 The 100M XEC writing contest at proofofwriting.com
3:15:24 Pre-consensus: 1-2 second finality
3:19:58 Ordinals on XEC? Let Avalanche nodes vote
3:21:34 Why nobody forks Bitcoin anymore
3:23:24 BlackRock will never fork Bitcoin: custody is the product
3:30:37 The Nostr question: secret agencies & the “dev tax”
3:37:04 Gavin’s burden: multiply the abuse by ten
3:41:15 The secret 2016 meeting: 50% of hashrate at the table
3:43:16 Andrew Stone: “This is collusion” & the game thrown away
3:48:58 Ethereum: the real winner of the block size wars
3:51:40 Would SegWit2X have happened without BCH?
3:56:21 Vlad’s prediction: two more BTC hard forks this year
4:00:04 Lightning: brilliant tech, mostly custodial in practice
4:01:29 Page 55: the 133MB blocks requirement, read aloud
4:06:37 Craig Wright as an ally of circumstance
4:10:00 Epstein, MIT Media Lab & Blockstream
4:13:32 Karpelès builds on Solana; a history of cutting corners
4:16:53 Roger Ver: the best and worst thing for BCH
4:18:15 10-year predictions: BTC absorbed, BCH ETF, XEC renaissance
4:24:32 Kaspa’s DAG vs the speed of light
BTC
TKVR
Show notes
·
MP3
