90 episodes

Bitcoin Magazine's Technical editor Aaron van Wirdum teams up with Bitcoin core contributor Sjors Provoost to explain Bitcoin one episode at a time.

Bitcoin Explained - The Technical Side of Bitcoin Van Wirdum Sjorsnado

    • Business
    • 4.9 • 15 Ratings

Bitcoin Magazine's Technical editor Aaron van Wirdum teams up with Bitcoin core contributor Sjors Provoost to explain Bitcoin one episode at a time.

    Episode 90: Asynchronous Lightning Payments

    Episode 90: Asynchronous Lightning Payments

    In this episode of Bitcoin, Explained, Aaron and Sjors are joined by Breez developer Jesse de Wit to discuss asynchronous lightning payments. They explain why such payments would be useful, how they would work, and what building blocks are required to realize it. In the process, Aaron, Sjors and Jesse also cover the basics of PTLCs and Trampoline Payments.

    ===

    This episode’s sponsor: ⁠⁠CoinKite⁠⁠, maker of the ColdCard

    Jesse’s Twitter: @WitDeJesse

    Jesse's Nostr: npub18hwpk5qep3ptnmzatq22ptwr9mth7ccrku56rdntwpxjxlkfyr2qrav8du

    Aaron's Twitter: ⁠⁠@AaronvanW⁠⁠

    Aaron’s Nostr: npub1art8cs66ffvnqns5zs5qa9fwlctmusj5lj38j94lv0ulw0j54wjqhpm0w5

    Sjors’ Twitter: ⁠⁠@provoost⁠⁠

    Sjors’ Nostr: npub1s6z7hmmx2vud66f3utxd70qem8cwtggx0jgc7gh8pqwz2k8cltuqrdwk4c

    • 36 min
    Episode 89: B-money and RPOW

    Episode 89: B-money and RPOW

    In this episode of Bitcoin, Explained, Aaron and Sjors discuss two more electronic cash projects that predate Bitcoin: Wei Dai’s b-money and Hal Finney’s RPOW. As detailed in Aaron’s new book, The Genesis Book, these systems introduced design elements that were later utilized by Satoshi Nakamoto. Aaron and Sjors explain what these elements are, and how the inspired Bitcoin’s design.



    To buy Aaron’s new book, visit www.thegenesisbook.com.



    Mentioned:



    B-money (archive link): https://web.archive.org/web/20050211031649/http://www.eskimo.com/~weidai/bmoney.txt



    RPOW (archive link): https://nakamotoinstitute.org/finney/rpow/index.html



    ===



    This episode’s sponsor: ⁠CoinKite⁠, maker of the ColdCard

    Aaron's Twitter: ⁠@AaronvanW⁠

    Aaron’s Nostr: npub1art8cs66ffvnqns5zs5qa9fwlctmusj5lj38j94lv0ulw0j54wjqhpm0w5

    Sjors’ Twitter: ⁠@provoost⁠

    Sjors’ Nostr: npub1s6z7hmmx2vud66f3utxd70qem8cwtggx0jgc7gh8pqwz2k8cltuqrdwk4c

    If you’d like to sponsor the show, please email info at bitcoinexplainedpodcast.com

    ⁠https://bitcoinexplainedpodcast.com/

    • 37 min
    Episode 88: Hashcash and Bit Gold

    Episode 88: Hashcash and Bit Gold

    In this episode of Bitcoin, Explained, Aaron and Sjors discuss two electronic cash projects that predate Bitcoin: Adam Back’s Hashcash and Nick Szabo’s Bit Gold. As detailed in Aaron’s new book, The Genesis Book, these systems introduced design element that were later utilized by Satoshi Nakamoto. Aaron and Sjors explain what these elements are, and how they inspired Bitcoin’s design.

    To buy Aaron’s new book, visit ⁠www.thegenesisbook.com⁠.




    Mentioned:

    * 1992 Dwork & Naor: Pricing via Processing or Combatting Junk Mail

    * 2002 Back: Hashcash - A Denial of Service Counter-Measure

    * Bit Gold: Bitcoin Magazine article (1998)

    * One-way function: Wikipedia

    * Secure-benchmark function: Intrapolynomial Cryptography (1999)



    ===



    This episode’s sponsor: CoinKite, maker of the ColdCard

    Aaron's Twitter: @AaronvanW

    Aaron’s Nostr: npub1art8cs66ffvnqns5zs5qa9fwlctmusj5lj38j94lv0ulw0j54wjqhpm0w5

    Sjors’ Twitter: @provoost

    Sjors’ Nostr: npub1s6z7hmmx2vud66f3utxd70qem8cwtggx0jgc7gh8pqwz2k8cltuqrdwk4c

    If you’d like to sponsor the show, please email info at bitcoinexplainedpodcast.com

    https://bitcoinexplainedpodcast.com/

    • 45 min
    Episode 87: The Block 1,983,702 Problem

    Episode 87: The Block 1,983,702 Problem

    In this episode of Bitcoin, Explained, Aaron and Sjors discuss the so-called “block 1,983,702 problem”. They explain how a bug in early Bitcoin implementations could in rare cases cause a loss of funds, or in a worst-case scenario even lead to consensus failures, while they also explain how BIP 30 and BIP 34 solved this problem. As it turns out, however, BIP 34 introduced a new problem, that could become an issue about twenty years from now…

    ===


    This episode’s sponsor: CoinKite, maker of the ColdCard

    Aaron's Twitter: @AaronvanW

    Aaron’s Nostr: npub1art8cs66ffvnqns5zs5qa9fwlctmusj5lj38j94lv0ulw0j54wjqhpm0w5

    Sjors’ Twitter: @provoost

    Sjors’ Nostr: npub1s6z7hmmx2vud66f3utxd70qem8cwtggx0jgc7gh8pqwz2k8cltuqrdwk4c

    If you’d like to sponsor the show, please email info at bitcoinexplainedpodcast.com

    https://bitcoinexplainedpodcast.com/

    • 39 min
    Episode 86: Ocean Tides

    Episode 86: Ocean Tides

    

In this episode of Bitcoin, Explained, Aaron and Sjors explain what features are offered by Ocean, the relaunched and rebranded Eligius mining pool. They discuss how payouts from this pool are (partially) non-custodial, how the block template creation is fully transparent, and how payout distribution is determined. Aaron and Sjors also briefly touch on the "spam" filtering employed by Ocean, and how that potentially affects profitability of the pool.

    Our new sponsor: https://coinkite.com/

    • 36 min
    Episode 85: Bitcoin Core 26.0 (And F2Pool’s OFAC Compliant Mining Policy)

    Episode 85: Bitcoin Core 26.0 (And F2Pool’s OFAC Compliant Mining Policy)

    In this episode of Bitcoin, Explained, Aaron and Sjors explain what new features are included in the upcoming Bitcoin Core 0.26 release. They also briefly discuss recent developments concerning the transaction inclusion policy of mining pool F2Pool, which appears to have been compliant with the OFAC sanctions list.

    Link to testing guide: https://github.com/bitcoin-core/bitcoin-devwiki/wiki/26.0-Release-Candidate-Testing-Guide

    • 37 min

Customer Reviews

4.9 out of 5
15 Ratings

15 Ratings

Jhwahaha ,

Solid breakdowns

Great show but I wish they would add podcasting 2.0 tags so people can give value for value.

Jhfrontz ,

Accessible to all

I love how even a n00b like me can get at least a basic understanding of Bitcoin technology by listening to this dynamic duo (and sometimes guests) explain things.

CavaDaddyAF ,

Great!

Really good pod about all things Bitcoin. To the point and detailed 🤙🏼

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