We're sunsetting PodQuest on 2025-07-28. Thank you for your support!
Export Podcast Subscriptions
cover of episode Ep44: Bitcoin PIPEs: Do Everything On Bitcoin Without A Soft Fork?

Ep44: Bitcoin PIPEs: Do Everything On Bitcoin Without A Soft Fork?

2024/10/17
logo of podcast Bitcoin Season 2 | Bitcoin Tech, Culture & Ordinals

Bitcoin Season 2 | Bitcoin Tech, Culture & Ordinals

AI Chapters
Chapters

Shownotes Transcript

We get super technical with Misha Komarov about Bitcoin PIPEs -- a proposed scheme to emulate opcodes like OP_CAT (and therefore covenants) without a soft fork.

Follow our hosts on X: @cbspears

Follow our guest on X: @nemothenoone


Bitcoin Season 2 is brought to you by Botanix!

Botanix Labs is pioneering a new direction for DeFi with the first EVM L2 running on Bitcoin that’s built to be forward secure, decentralized, and share gas fees generated by the network with users.

See the future of DeFi from botanixlabs.xyz


Follow our hosts on X: @cbspears

Bitcoin Season 2 is proudly presented by Blockspace Media, Bitcoin’s first B2B publication in Bitcoin.

Follow us on X and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech!


Chapters:

0:00 - Intro

1:44 - Upcoming Workshop in Boston

2:15 - Misha's Background

7:01 - Opcodes and Covenants Explained

11:26 - Introduction to Bitcoin Pipes

17:19 - Functional Encryption and Bitcoin

20:09 - Placeholder Proof Systems in Bitcoin

26:58 - Setting Up a Bitcoin Pipe

32:20 - Decrypting a Pipe for Transactions

35:00 - Misha's Thoughts on Bitcoin Soft Forks

40:17 - Bitcoin’s Developer Renaissance

43:20 - Future Implementation of Bitcoin Pipes

46:00 - Feasibility of Bitcoin Proof Systems

48:05 - Why Misha is Excited About Bitcoin

50:11 - Final Thoughts