BR029 - SegWit, Taproot, Schnoor, Inscriptions & Witness Discount ft. Andrew Poelstra & Adam Gibson
I’m joined by guests Andrew Poelstra and Adam Gibson to discuss SegWit and related issues including taproot, schnoor, inscriptions and the witness discount.
Discussion Topics:
- 00:02:14 Introductions to guests
- 00:05:06 Introductions to episode
- 00:06:12 bech32
- 00:15:46 The malleability problem
- 00:22:23 Mental model for understanding malleability
- 00:26:16 Primer on SegWit
- 00:36:23 Why does witness data have a discount?
- 00:42:40 What is sighash?
- 00:46:55 How is the weight calculated?
- 00:53:19 Inputs and outputs
- 00:58:41 Importance of the UTXO set
- 01:02:45 Block size considerations
- 01:04:13 Calculating the witness data discount
- 01:09:00 Introduction to Taproot and Schnoor
- 01:11:08 Schnoor signatures
- 01:21:01 Taproot
- 01:36:59 Taproot use cases
- 01:40:31 Timelocks, covenants and OP_VAULT
- 01:44:44 Taproot + lightning
- 01:47:17 Ordinals and inscriptions
- 02:06:40 References
- 02:09:11 Final thoughts
Notes & Resources
Episode submission ideas
- We’re looking for ideas for interesting panel conversations. To send Bitcoin related questions, just go to bitcoin.review and follow the contact links at the bottom of the page.
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