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Bitcoin Optech Podcast
Bitcoin Optech
171 episodes
4 days ago
Join Bitcoin Optech as we discuss Bitcoin and Lightning technology each week and review our newsletters. https://bitcoinops.org/
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All content for Bitcoin Optech Podcast is the property of Bitcoin Optech and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Join Bitcoin Optech as we discuss Bitcoin and Lightning technology each week and review our newsletters. https://bitcoinops.org/
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Episodes (20/171)
Bitcoin Optech Podcast
Bitcoin Optech: Newsletter #377 Recap

Gustavo Flores Echaiz and Mike Schmidt are joined by Abubakar Sadiq Ismail and Carla Kirk-Cohen to discuss ⁠Newsletter #377⁠.


News

● Detecting block template feerate increases using cluster mempool (1:06)

● Channel jamming mitigation simulation results and updates (9:28)


Changes to services and client software

● BULL wallet launches (37:22)

● Sparrow 2.3.0 released (39:40)


Releases and release candidates

● Core Lightning 25.09.1 (40:47)

● Bitcoin Core 28.3 (41:18)


Notable code and documentation changes

● Bitcoin Core #33157 (43:00)

● Bitcoin Core #29675 (45:56)

● Bitcoin Core #33517 (46:59)

● Eclair #2792 (49:01)

● LDK #4122 (51:01)

● LND #9868 (52:37)

● LND #10273 (53:48)

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4 days ago
55 minutes 28 seconds

Bitcoin Optech Podcast
Bitcoin Optech: Newsletter #376 Recap

Gustavo Flores Echaiz and Mike Schmidt are joined by Francesco Madonna and supertestnet to discuss Newsletter #376.


News

● Continued discussion of block template sharing (17:30)

● B-SSL a Secure Bitcoin Signing Layer (2:54)


Releases and release candidates

● Bitcoin Core 30.0 (22:32)

● Bitcoin Core 29.2 (28:44)

● LDK 0.1.6 (29:37)


Notable code and documentation changes

● Eclair #3184 (30:59)

● Core Lightning #8597 (32:25)

● LDK #4117 (34:05)

● LDK #4077 (35:03)

● LDK #4154 (36:47)

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5 days ago
38 minutes 54 seconds

Bitcoin Optech Podcast
Bitcoin Optech: Newsletter #375 Recap

Gustavo Flores Echaiz and Mike Schmidt are joined by Sindura Saraswathi, ZmnSCPxj, and Eugene Siegel to discuss ⁠Newsletter #375⁠.


News

● Optimal Threshold Signatures (1:56)

● Flattening certain nested threshold signatures (14:33)

● Theoretical limitations on embedding data in the UTXO set (38:14)


Bitcoin Core PR Review Club

● Compact block harness (27:12)


Releases and release candidates

● Bitcoin Inquisition 29.1 (45:01)


Notable code and documentation changes

● Bitcoin Core #33453 (47:16)

● Bitcoin Core #33504 (51:52)

● Core Lightning #8563 (53:55)

● Core Lightning #8523 (56:55)

● Core Lightning #8398 (58:22)

● LDK #4120 (59:47)

● LND #10254 (1:01:35)



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2 weeks ago
1 hour 2 minutes 37 seconds

Bitcoin Optech Podcast
Bitcoin Optech: Newsletter #374 Recap

Mark “Murch” Erhardt and Mike Schmidt are joined by Gustavo Flores Echaiz to discuss Newsletter #374.


Changing consensus

● Draft BIPs for Script Restoration (0:40)


Releases and release candidates

● Bitcoin Core 30.0rc2 (19:19)

● bdk-wallet 2.2.0 (23:39)

● LND v0.20.0-beta.rc1 (24:15)


Notable code and documentation changes

● Bitcoin Core #33229 (25:03)

● Bitcoin Core #33446 (26:55)

● LDK #3838 (28:11)

● LDK #4098 (30:40)

● LDK #4106 (33:40)

● LDK #4096 (35:43)

● LND #10133 (37:24)

● BDK #2029 (39:08)

● BIPs #1911 (42:15)

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3 weeks ago
46 minutes 12 seconds

Bitcoin Optech Podcast
Bitcoin Optech: Newsletter #373 Recap

Mark “Murch” Erhardt and Mike Schmidt are joined by Matt Morehouse, Daniela Brozzoni, and Gustavo Flores Echaiz to discuss Newsletter #373.


News

● Eclair vulnerability (18:50)

● Research into feerate settings (0:35)


Selected Q&A from Bitcoin Stack Exchange

● Implications of OP_RETURN changes in upcoming Bitcoin Core version 30.0? (28:27)

● If OP_RETURN relay limits are ineffective, why remove the safeguard instead of keeping it as a default discouragement? (42:12)

● What are the worst-case stress scenarios from uncapped OP_RETURNs in Bitcoin Core v30? (43:25)

● If OP_RETURN needed more room, why was the 80-byte cap removed instead of being raised to 160? (50:39)

● If arbitrary data is inevitable, does removing OP_RETURN limits shift demand toward more harmful storage methods (like UTXO-inflating addresses)? (59:48)

● If OP_RETURN uncapping doesn’t increase the UTXO set, how does it still contribute to blockchain bloat and centralization pressure? (1:00:17)

● How does uncapping OP_RETURN impact long-term fee-market quality and security budget? (1:02:11)

● Assurance blockchain will not suffer from illegal content with 100KB OP_RETURN? (1:04:34)

● What analysis shows OP_RETURN uncapping won’t harm block propagation or orphan risk? (1:05:25)

● Where does Bitcoin Core keep the XOR obfuscation keys for both block data files and level DB indexes? (1:06:10)

● How robust is 1p1c transaction relay in bitcoin core 28.0? (1:06:34)

● How can I allow getblocktemplate to include sub 1 sat/vbyte transactions? (1:10:37)


Releases and release candidates

● Bitcoin Core 30.0rc1 (1:13:00)


Notable code and documentation changes

● Bitcoin Core #33333 (1:15:26)

● Bitcoin Core #28592 (1:18:36)

● Eclair #3171 (1:22:33)

● Eclair #3175 (1:26:41)

● LDK #4064 (1:29:36)

● LDK #4067 (1:31:04)

● LDK #4046 (1:32:43)

● LDK #4083 (1:35:27)

● LND #10189 (1:38:23)

● BIPs #1963 (1:41:17)

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1 month ago
1 hour 44 minutes 30 seconds

Bitcoin Optech Podcast
Bitcoin Optech: Newsletter #372 Recap

Mark “Murch” Erhardt and Mike Schmidt are joined by ZmnSCPxj and Constantine Doumanidis to discuss Newsletter #372.


News

● LSP-funded redundant overpayments (16:24)

● Partitioning and eclipse attacks using BGP interception (1:02)


Changes to services and client software

● Zero-knowledge proof of reserve tool (13:49)

● Alternative submarine swap protocol proof of concept (15:12)


Releases and release candidates

● Bitcoin Core 30.0rc1 (39:14)

● BDK Chain 0.23.2 (1:16:28)


Notable code and documentation changes

● Bitcoin Core #33268 (1:17:19)

● Eclair #3157 (1:18:56)

● LND #9975 (1:19:52)

● LND #9677 (1:20:21)

● LDK #4045 (1:20:41)

● LDK #4049 (1:20:32)

● BDK #1582 (1:22:18)

● BDK #2000 (1:23:13)

● BDK #2028 (1:24:17)

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1 month ago
1 hour 26 minutes 56 seconds

Bitcoin Optech Podcast
Bitcoin Optech: Newsletter #371 Recap

Mark “Murch” Erhardt and Mike Schmidt are joined by Jonas Nick and Bastien Teinturier to discuss Newsletter #370.


News

● Provable Cryptography Workbook (0:48)


Releases and release candidates

● Bitcoin Core 29.1 (10:48)

● Eclair v0.13.0 (11:17)

● Bitcoin Core 30.0rc1 (25:27)


Notable code and documentation changes

● Bitcoin Core #30469 (33:18)

● Eclair #3163 (33:18)

● Eclair #2308 (40:27)

● Eclair #3021 (45:18)

● Eclair #3142 (48:08)

● LDK #4053 (50:30)

● LDK #3886 (58:12)

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1 month ago
1 hour 50 seconds

Bitcoin Optech Podcast
Bitcoin Optech: Newsletter #370 Recap

Mark “Murch” Erhardt and Mike Schmidt are joined by Russell O’Connor, Olaoluwa Osuntokun, and Jeremy Rubin to discuss Newsletter #370.


Changing consensus

● Details about the design of Simplicity (37:56)

● Draft BIP for adding elliptic curve operations to tapscript (1:52)

● Draft BIP for OP_TWEAKADD (19:23)


Releases and release candidates

● Core Lightning v25.09 (59:40)

● Bitcoin Core 29.1rc2 (1:00:24)


Notable code and documentation changes

● LDK #3726 (1:00:55)

● LDK #4019 (1:02:24)

● LND #9455 (1:03:09)

● LND #10103 (1:04:00)

● HWI #795 (1:05:20)

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1 month ago
1 hour 5 minutes 57 seconds

Bitcoin Optech Podcast
Bitcoin Optech: Newsletter #368 Recap

Mark “Murch” Erhardt and Mike Schmidt discuss Newsletter #368.


News

● Draft BIP for block template sharing (0:30)

● Trusted delegation of script evaluation (28:07)


Changes to services and client software

● ZEUS v0.11.3 released (33:07)

● Rust Utreexo resources (33:25)

● Peer-observer tooling and call to action (34:11)

● Bitcoin Core Kernel-based node announced (37:22)

● SimplicityHL released (38:23)

● LSP plugin for BTCPay Server (39:17)

● Proto mining hardware and software announced (39:42)

● Oracle resolution demo using CSFS (40:46)

● Relai adds taproot support (41:11)


Releases and release candidates

● LND v0.19.3-beta (43:09)

● Bitcoin Core 29.1rc1 (43:29)

● Core Lightning v25.09rc2 (43:55)


Notable code and documentation changes

● Bitcoin Core #32896 (44:33)

● Bitcoin Core #33106 (46:57)

● Core Lightning #8467 (1:02:49)

● Core Lightning #8354 (1:03:26)

● Eclair #3103 (1:04:07)

● Eclair #3134 (1:04:43)

● LDK #3897 (1:05:56)


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1 month ago
1 hour 7 minutes 15 seconds

Bitcoin Optech Podcast
Bitcoin Optech: Newsletter #369 Recap

Mark “Murch” Erhardt and Mike Schmidt are joined by Bruno Garcia and Liam Eagen to discuss Newsletter #369.


News

● Update on differential fuzzing of Bitcoin and LN implementations (24:56)

● Garbled locks for accountable computing contracts (0:58)


Selected Q&A from Bitcoin Stack Exchange

● Is it possible to recover a private key from an aggregate public key under strong assumptions? (39:45)

● Are all taproot addresses vulnerable to quantum computing? (41:24)

● Why cant we set the chainstate obfuscation key? (45:20)

● Is it possible to revoke a spending branch after a block height? (52:09)

● Configure Bitcoin Core to use onion nodes in addition to IPv4 and IPv6 nodes? (53:45)


Releases and release candidates

● Bitcoin Core 29.1rc2 (54:22)

● Core Lightning v25.09rc4 (56:45)


Notable code and documentation changes

● Bitcoin Core #31802 (57:37)

● LDK #3979 (1:04:46)

● LND #10102 (1:06:19)

● Rust Bitcoin #4907 (1:07:04)

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2 months ago
1 hour 8 minutes 11 seconds

Bitcoin Optech Podcast
Bitcoin Optech: Newsletter #367 Recap

Mark “Murch” Erhardt and Mike Schmidt discuss ⁠Newsletter #367⁠.


Releases and release candidates

● LND v0.19.3-beta.rc1 (0:19)

● Bitcoin Core 29.1rc1 (0:46)


Notable code and documentation changes

● Bitcoin Core #33050 (2:38)

● Bitcoin Core #32473 (11:04)

● Bitcoin Core #33077 (17:57)

● Core Lightning #8389 (22:03)

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2 months ago
23 minutes 38 seconds

Bitcoin Optech Podcast
Bitcoin Optech: Newsletter #366 Recap

Gloria Zhao and Mike Schmidt are joined by Tadge Dryja and Anthony Towns to discuss ⁠Newsletter #366⁠.


News

● Draft BIPs proposed for Utreexo (1:03)

● Continued discussion about lowering the minimum relay feerate (23:43)

● Peer block template sharing to mitigate problems with divergent mempool policies (52:27)


Bitcoin Core PR Review Club

● Add exportwatchonlywallet RPC to export a watchonly version of a wallet (1:11:41)


Optech recommends (1:15:50)


Releases and release candidates

● LND v0.19.3-beta.rc1 (1:17:04)

● BTCPay Server 2.2.0 (1:17:44)

● Bitcoin Core 29.1rc1 (1:18:13)


Notable code and documentation changes

● Bitcoin Core #32941 (1:21:11)

● Bitcoin Core #31385 (1:24:06)

● Bitcoin Core #31244 (1:26:38)

● Bitcoin Core #30635 (1:29:54)

● Bitcoin Core #28944 (1:32:29)

● Eclair #3133 (1:35:08)

● LND #10097 (1:36:23)

● LND #9625 (1:38:12)

● Rust Bitcoin #4730 (1:38:43)

● BLIPs #55 (1:40:57)


Correction (1:42:03)

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2 months ago
1 hour 43 minutes 44 seconds

Bitcoin Optech Podcast
Bitcoin Optech: Newsletter #365 Recap

Mark “Murch” Erhardt and Mike Schmidt are joined by David Gumberg, Lauren Shareshian, Jameson Lopp, Steven Roose, and Tim Ruffing to discuss Newsletter #365.


News

● Testing compact block prefilling (1:13:00)

● Mempool-based fee estimation library (1:33:53)


Changing consensus

● Migration from quantum-vulnerable outputs (49:17)

● Taproot-native `OP_TEMPLATEHASH` proposal (1:13)

● Proposal to allow longer relative timelocks (12:57)

● Security against quantum computers with taproot as a commitment scheme (23:48)


Releases and release candidates

● Bitcoin Core 29.1rc1 (1:46:55)


Notable code and documentation changes

● Bitcoin Core #29954 (1:48:12)

● Bitcoin Core #33004 (1:49:13)

● LDK #3246 (1:52:37)

● LDK #3892 (1:53:35)

● LDK #3662 (1:54:31)

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2 months ago
1 hour 56 minutes 16 seconds

Bitcoin Optech Podcast
Bitcoin Optech: Newsletter #364 Recap

Mark “Murch” Erhardt and Mike Schmidt are joined by Matt Morehouse and Jesse Posner to discuss ⁠Newsletter #364⁠.


News

● LND gossip filter DoS vulnerability (0:53)

● Chain code withholding for multisig scripts (15:16)

● Research indicates common Bitcoin primitives are compatible with quantum-resistant signature algorithms (38:46)


Selected Q&A from Bitcoin Stack Exchange

● How does Bitcoin Core handle reorgs larger than 10 blocks? (57:36)

● Advantages of a signing device over an encrypted drive? (1:01:29)

● Spending a taproot output through the keypath and scriptpath? (1:03:21)


Releases and release candidates

● Libsecp256k1 v0.7.0 (1:04:26)


Notable code and documentation changes

● Bitcoin Core #32521 (1:05:16)

● Bitcoin Core #31829 (1:15:00)

● LDK #3801 (1:19:51)

● LDK #3842 (1:21:11)

● BIPs #1890 (1:21:57)

● BOLTs #1232 (1:23:53)


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3 months ago
1 hour 25 minutes 7 seconds

Bitcoin Optech Podcast
Bitcoin Optech: Newsletter #363 Recap

Mark “Murch” Erhardt and Mike Schmidt are joined by Davidson Souza to discuss ⁠Newsletter #363⁠.


Changes to services and client software

● Floresta v0.8.0 released (0:45)

● RGB v0.12 announced (20:38)

● FROST signing device available (25:34)

● Gemini adds taproot support (29:44)

● Electrum 4.6.0 released (38:14)


Releases and release candidates

● LND v0.19.2-beta (38:51)


Notable code and documentation changes

● Bitcoin Core #32604 (39:38)

● Bitcoin Core #32618 (40:55)

● Bitcoin Core #31553 (43:03)

● Core Lightning #7725 (46:53)

● Eclair #2716 (47:23)

● LDK #3628 (52:19)

● LDK #3890 (53:22)

● LND #10001 (54:30)

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3 months ago
57 minutes 37 seconds

Bitcoin Optech Podcast
Bitcoin Optech: Newsletter #362 Recap

Mark “Murch” Erhardt and Mike Schmidt are joined by Josh Doman and Gloria Zhao to discuss ⁠Newsletter #362⁠.


News

● Compressed descriptors (0:34)


Bitcoin Core PR Review Club

● Improve TxOrphanage denial of service bounds (9:14)


Releases and release candidates

● LND v0.19.2-beta.rc2 (46:22)


Notable code and documentation changes

● Core Lightning #8377 (47:17)

● BDK #1957 (50:41)

● BIPs #1888 (51:18)

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3 months ago
56 minutes 26 seconds

Bitcoin Optech Podcast
Bitcoin Optech: Newsletter #361 Recap

Sanket Kanjalkar, Jonas Nick, Tadge Dryja, Steven Roose, and Brandon Black join Mark “Murch” Erhardt and Mike Schmidt to discuss Newsletter #361.


News

● Separating onion message relay from HTLC relay (2:06)


Changing consensus

● CTV+CSFS advantages for PTLCs (5:45)

● Vault output script descriptor (15:21)

● Continued discussion about CTV+CSFS advantages for BitVM (22:57)

● Open letter about CTV and CSFS (27:59)

● OP_CAT enables Winternitz signatures (1:12:27)

● Commit/reveal function for post-quantum recovery (1:22:46)

● OP_TXHASH variant with support for transaction sponsorship (1:53:31)


Notable code and documentation changes

● Bitcoin Core #32540 (2:13:29)

● Bitcoin Core #32638 (2:14:47)

● Bitcoin Core #32819 (2:15:25)

● LDK #3618 (2:17:41)

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3 months ago
2 hours 19 minutes 37 seconds

Bitcoin Optech Podcast
Bitcoin Optech: Newsletter #360 Recap

Mark “Murch” Erhardt and Mike Schmidt are joined by Daniela Brozzoni and Naiyoma to discuss ⁠Newsletter #360⁠.


News

● Fingerprinting nodes using `addr` messages (1:00)

● Does any software use `H` in descriptors? (29:36)


Selected Q&A from Bitcoin Stack Exchange

● Is there any way to block Bitcoin Knots nodes as my peers? (33:42)

● What does OP_CAT do with integers? (42:00)

● Async Block Relaying With Compact Block Relay (BIP152) (43:03)

● Why is attacker revenue in selfish mining disproportional to its hash-power? (52:47)


Releases and release candidates

● Bitcoin Core 28.2 (57:51)


Notable code and documentation changes

● Bitcoin Core #31981 (59:21)

● Eclair #3109 (1:00:48)

● LND #9950 (1:01:31)

● LDK #3868 (1:01:56)

● LDK #3873 (1:03:10)

● Libsecp256k1 #1678 (1:04:11)

● BIPs #1803 (1:06:21)


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4 months ago
1 hour 8 minutes 7 seconds

Bitcoin Optech Podcast
Bitcoin Optech: Newsletter #359 Recap

Mark “Murch” Erhardt and Mike Schmidt are joined by Bryan Bishop, Robin Linus, and Rene Pickhardt to discuss ⁠Newsletter #359⁠.


News

● Proposal to restrict access to Bitcoin Core Project discussion (1:11)

● Improvements to BitVM-style contracts (21:17)

● Channel rebalancing research (41:57)


Changes to services and client software

● Cove v1.0.0 released (1:03:58)

● Liana v11.0 released (1:04:59)

● Stratum v2 STARK proof demo (1:06:48)

● Breez SDK adds BOLT12 and BIP353 (1:08:41)


Releases and release candidates

● Core Lightning 25.05 (1:09:51)


Notable code and documentation changes

● Eclair #3110 (1:11:32)

● Eclair #3101 (1:12:41)

● LDK #3817 (1:13:35)

● LDK #3623 (1:14:04)

● BTCPay Server #6755 (1:15:11)

● Rust libsecp256k1 #798 (1:15:54)


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4 months ago
1 hour 18 minutes 4 seconds

Bitcoin Optech Podcast
Bitcoin Optech: Newsletter #358 Recap

Mark “Murch” Erhardt and Mike Schmidt are joined by Antoine Poinsot, Peter Todd, Josh Doman, and TheCharlatan to discuss ⁠Newsletter #358⁠.


News

● Calculating the selfish mining danger threshold (0:52)

● Relay censorship resistance through top mempool set reconciliation (59:26)

● Updating BIP390 to allow duplicate participant keys in `musig()` expressions (55:50)

● Descriptor encryption library (31:35)


Bitcoin Core PR Review Club

● Separate UTXO set access from validation functions (43:05)


Releases and release candidates

● Core Lightning 25.05rc1 (58:25)

● LND 0.19.1-beta (58:38)


Notable code and documentation changes

● Bitcoin Core #32406 (19:54)

● LDK #3793 (1:14:21)

● LDK #3792 (1:14:59)

● LND #9127 (1:18:38)

● LND #9858 (1:20:04)

● BOLTs #1243 (1:21:49)

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4 months ago
1 hour 23 minutes 13 seconds

Bitcoin Optech Podcast
Join Bitcoin Optech as we discuss Bitcoin and Lightning technology each week and review our newsletters. https://bitcoinops.org/