4.8 • 764 Ratings
🗓️ 25 February 2020
⏱️ 149 minutes
🧾️ Download transcript
Join Marty as he sits down with Paul Sztorc, the man behind Drivechains and Bitcoin Hivemind, to discuss:
- Proof of Work v. Proof of Stake
- Bitcoin's fee market
- How it may develop in the future
- Is Bitcoin our only shot?
- Drivechains
- Why people don't like Drivechains
- Why their concerns are valid + invalid
- Bitcoin Hivemind
- much more
Follow Paul on Twitter
Check out his blog
Check out Drivechains
Check out Bitcoin Hivemind
Shoutout to this week's sponsors.
Cash App. Start #stackingsats today. Use the promo code: "stackingsats" to receive $10 and contribute $10 to OWLS Lacrosse you download the app.
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0:00.0 | What up, freaks? It's your boy, Marty Ben, here to introduce this week's episode. |
0:09.9 | It's an immense pleasure of sitting now with somebody whose blog posts I've been reading for quite some time. |
0:14.9 | Somebody I've been conversing with on Twitter for quite some time. |
0:17.0 | Somebody who is a unique thinker in the Bitcoin space, he definitely ruffles some feathers |
0:20.9 | from time to time. He's ruffled my feathers before, including last week, which was the impetus |
0:26.0 | for me reaching out and hopping on the mic with him. This week's episode of Tales from the Crypt. |
0:31.8 | I sit down with Paul Stork, the creator of truthcoin.in. info, which is a wealth of knowledge, a bunch of hours long blog posts that I highly recommend you read. |
0:43.2 | I've been around for a while. |
0:45.2 | Paul and I dive into some of them in this conversation. |
0:48.4 | We talk about the fee market, the concept of drive change, which is his idea for a blind merge mine side chain that he believes would help a fee market develop. |
0:58.0 | That's a controversial topic because of the way miners could steal the coins, but we talk about all the scenarios and the disincentives for miners to do such a thing and the ways in which that can be prevented. |
1:10.0 | On top of that, |
1:11.0 | we talk about his hive mine project, which is the reason for the idea behind drive chains. |
1:16.6 | He started with hive mine to work backwards from there. We went out of, we talked for, |
1:22.3 | we didn't go at it. We had a conversation for two and a half hours, most of which Paul was speaking, which is fine by me. |
1:31.3 | Because, again, this is somebody I've been following for quite some time, and I'm very |
1:35.2 | fascinated by his ideas, particularly around the cost of proof of stake versus proof of work, |
1:42.1 | and why proof of stake is probably not that advantageous |
1:45.6 | in the long run or less costly than proof of work. I hope you guys enjoy this episode. |
1:52.2 | A lot of topics covered. This episode of Tales from the Crypt is brought to you by the cash app. |
1:57.0 | You freaks already know all about them. And if you don't, let me tell you about them. |
1:59.8 | They're letting you do a bunch of things. All right sign up you can get their boost card all right you get |
... |
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