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CoinDesk Podcast Network

BITCOIN SEASON 2: An Insiders Look Into Bitcoin Development

CoinDesk Podcast Network

CoinDesk

Business News, Daily News, News, Tech News

4.7698 Ratings

🗓️ 9 April 2025

⏱️ 55 minutes

🧾️ Download transcript

Summary

ReardenCode discusses how we should reframe discussions around Bitcoin soft forks, explaining the capabilities-focused approach to opcodes rather than focusing solely on protocols. The conversation covers SegWit, Taproot, OP_CAT, and MEV concerns. You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 7,000 Bitcoiners: https://newsletter.blockspacemedia.com ReardenCode, independent Bitcoin developer and freedom advocate, joins us to talk about reframing how we think about Bitcoin soft forks. Reardon breaks down opcodes, explains why we should focus on capabilities rather than protocols, and explores the historical context of Bitcoin's upgrades from SegWit to Taproot. The conversation goes deep on OP_CAT, CTV, and CHECKSIGFROMSTACK while but tries to make the topics approachable approachable. Follow our guests: @ReardenCode Notes: - Bitcoin is the first digitally scarce asset - OP_CAT enables five different capabilities - SegWit enabled non-third party malleable txs - Taproot enabled hidden script paths - CTV+CSS combo enables rebindable signatures - MEV concerns can probably be scoped and managed Check out our Bitcoin scaling conference! Visit opnext.dev to learn more. Timestamps: 00:00 Start 01:28 What is Bitcoin? 02:36 What's an OP code? 05:41 How to think about OP codes 07:39 Capabilities examples 10:17 Explaining OP codes 12:03 What do we want? 13:24 Why did SegWit NOT do more? 15:22 Taproot 18:50 Arch 19:25 Hidden script paths 22:13 CTV 31:55 OP_CAT 35:11 Check Contract Verify 36:33 Introduction of "state" & MEV 37:07 MEV 40:29 Limiting MEV 43:36 The problems of OP_CAT 48:26 The current consensus 52:22 Wrap up - 👉 Brought to you by Arch Network! Arch brings the speed of Solana & the best of crypto UX to Bitcoin. Tap into the rich app ecosystem on Arch & try out the testnet while you’re still early! Visit arch.network to learn more. - 👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! Enjoy the show? Check out our website and newsletter by clicking here. Questions or want to sponsor? hello@blockspace.media See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:45.6

That's audible.com slash Wondery, UK.

0:49.4

We are thinking wrong about Bitcoin softworks.

0:53.1

At least that's what the guest of today's interview

0:55.6

Reared in Code says, this is by far the most technical podcast I have ever done on Bitcoin

1:01.6

season two. I invite you the listener to try to hang on as long as possible. We do introduce a lot

1:07.3

of very obscure technical topics, but I think you will find some stuff worth listening to.

1:12.7

We do talk about OpCat, MEV, and Reardon's preferred soft work going forward.

1:18.9

Bitcoin Season 2 is brought to you by Arch Network, the platform powering bridgeless apps on Bitcoin.

1:24.9

More on Arch later on the show. Let's kick it off.

1:33.7

Thank you. on Bitcoin. More on Arch later on the show. Let's kick it off. All right. Reared in code. It's great to finally have you on Bitcoin season to welcome to the show.

1:41.0

I am so pumped to be here with you. Yeah, listen to yourself. Love it.

1:51.3

We've talked a lot on mainly X or Twitter, but for the listener who's like not deeply immersed in the Bitcoin developer world, there will be parts of this conversation which get too technical

...

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