Built on Bitcoin with Jacob Brown

Jake

Interviews with the best founders building on Bitcoin. Jacob takes an open-minded approach and talks with builders from all corners of the Bitcoin ecosystem.

  1. NOV 25

    Better (Safer) Bitcoin Loans with Lygos Finance with Jay Patel & Matthew Black

    Subscribe to the Built on Bitcoin Newsletter: https://builtonbitcoin.beehiiv.com/ Lending is the single biggest use case for Bitcoin. Full stop. To capture the benefits of your appreciated Bitcoin you've been holding for so long. You have two options: 1. To sell and pay the tax 2. Take a loan, pay some amount of interest, and still get the upside if the price increases. In this episode, we sit down with Matthew Black and Jay Patel, founders of Lygos Finance, to discuss the future of non-custodial Bitcoin lending. We dive deep into Discreet Log Contracts (DLCs), why they might be the "Holy Grail" for Bitcoin-backed loans, and how Lygos is building a platform that gives you 50% LTV liquidity while keeping your keys (mostly) in your pocket. We also cover the "interest rate inversion" between DeFi and CeFi, and why institutional capital is finally waking up to Bitcoin as pristine collateral.**Timestamps:**00:00 Intro01:26 From Atomic Swaps to Bitcoin Loans (Matthew's Story)02:53 Lessons from the BlockFi/Celsius Blowups05:55 Why They Pivoted from Options to Loans10:13 Why DLCs are the Holy Grail for Lending18:34 Lygos Product Walkthrough: How it Works27:42 The Truth About "Trustless" (Oracle Risk Explained)37:26 The Capital Markets Thesis: Why Institutions Want In43:23 The Interest Rate Mystery: DeFi vs CeFi48:40 Bitcoin Upgrades: CTV, CAT & Covenants**Links & Resources:**- Lygos Finance: https://www.lygos.finance/- Follow Lygos on X: https://x.com/LygosFinance- Follow Matthew: https://x.com/matthewjablack- Follow Jay: https://x.com/jaypatel

    49 min
  2. Scaling Bitcoin with BitVM & Bitlayer | Kevin He Interview Co-Founder of Bitlayer

    MAR 28

    Scaling Bitcoin with BitVM & Bitlayer | Kevin He Interview Co-Founder of Bitlayer

    Kevin He, a seasoned blockchain architect with experience launching multiple L1s/L2s (including Huobi Eco Chain), joins the show to discuss Bitlayer. We explore his journey into crypto, the genesis of Bitlayer, and take a deep dive into BitVM technology - what it is, how it works, its current development status (BitVM 2, Alliance progress, auditing), and how Bitlayer is leveraging it to build trust-minimized Bitcoin L2 solutions, focusing on DeFi. Kevin shares insights on the Bitcoin opcode debate, the future of Bitcoin scaling, and reveals Bitlayer's upcoming BitVM bridge mainnet launch. What we talk about: 00:56 Kevin's Background: Building L1s/L2s & Early Lessons 10:36 The Genesis of Bitlayer & Addressing Bitcoin L2 Needs 18:00 Discovering BitVM: A Breakthrough for Bitcoin L2 Security 26:45 BitVM Explained: Verification, Not Just Computation 34:37 BitVM Development: V1 vs V2, ZK Challenges & Bridge Focus 41:30 Inside the BitVM Alliance: Technical Progress & On-Chain Impact 48:00 Alpha Leak: BitVM Auditing & Mainnet Progress 54:30 The Bitcoin Opcode Debate: Necessity and Impact on BitVM 01:04:00 Long-Term Bitcoin Sustainability: Fees vs Subsidy & Upgrades 01:08:00 Bitlayer's BitVM Bridge Mainnet Launch & Partnerships Follow Bitlayer on Twitter: @BitlayerLabs Learn more about Bitlayer: [https://www.bitlayer.org/](https://www.bitlayer.org/) ----------------------------------------------------------------------------------- Follow me on Twitter: @JakeBlockchain Stay updated on everything Built on Bitcoin podcast: [https://www.builtonbitcoin.xyz/](https://www.builtonbitcoin.xyz/) ----------------------------------------------------------------------------------- Building something amazing on Bitcoin? Connect with us at the Bitcoin Frontier Fund. We invest and assist the best early-stage founders building new user-cases for Bitcoin. Website: [https://www.btcfrontier.fund/](https://www.btcfrontier.fund/) Twitter: [https://twitter.com/BTCFrontierFund](https://twitter.com/BTCFrontierFund) Love yall! See you in the next episode. Peace!

    58 min
5
out of 5
22 Ratings

About

Interviews with the best founders building on Bitcoin. Jacob takes an open-minded approach and talks with builders from all corners of the Bitcoin ecosystem.

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