CD29: bitcoin privacy and security with @craigraw and @ketominer from Citadel Dispatch

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CD29: bitcoin privacy and security with @craigraw and @ketominer

3 hour 3 minutes Posted Jul 6, 2021 at 10:45 pm.

BIP 47 and its use for accepting donations

Discussion about the load increase and version 4 of the spec

Challenges in understanding and implementing the spec

Discussion about the arguments against using the spec

Concerns about tracking Bitcoin payments

Importance of having a full suite of tools for safe implementation

Comparison of BIP 47 payment code with the status quo

Importance of thinking for oneself and building the spec

Discussion about the culture of core development and the need for user-friendly tools

Importance of better user-friendly tools for privacy

Discussion about Taproot addresses and their potential impact on BIP 47

Concerns about the load on public nodes and the need for efficient tracking tools

Importance of finding ways to implement BIP 47 without overloading public services

Discussion about the need for efficient tracking of transactions

Importance of considering the impact of Taproot on BIP 47

Discussion about the benefits of Whirlpool and the need for more wallet integrations

Importance of incentives and the success of Whirlpool

Discussion about the potential risks and benefits of adding non-coordinated collaborative transactions

Importance of building additional methods for privacy

The friction of bringing funds out of cold storage

Trade-offs in Bitcoin privacy and security

The importance of cold storage and hot wallets

Being in it and having no regrets

Number of users holding their own keys and using their own node

Number of users holding their own keys, using their own node, and using Lightning

Number of users using CoinJoin

The long road ahead and the importance of privacy

Bitcoin as the money people want to hold and spend

The trend of caring more about privacy

The future of privacy and custodial options

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EPISODE: 0.2.9

BLOCK: 689932

PRICE: 2943 sats per dollar

TOPICS: security, privacy, bip47, whirlpool, coinswaps, atomic swaps, taproot, lightning, full nodes, threat models, build processes

@ketominer: https://twitter.com/ketominer

@craigraw: https://twitter.com/craigraw

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