Episode notes
“In the end, it’s the economic majority of users who decide what Bitcoin is.”
Wicked and MrHodl join the show to break down why BIP110 won’t change Bitcoin.
We get into the fight over arbitrary data on Bitcoin, why they believe BIP110 fails to solve the problem it claims to address, and why miner signalling alone does not define consensus. The conversation covers Bitcoin Core, Knots, the blocksize war, SegWit, BIP148, spam, soft forks, hard forks, nodes, miners, exchanges, and the role of the economic majority in defending Bitcoin’s rules.
Is BIP110 a serious proposal, a virtue signal, or an attempted replay of old battles? And if Bitcoin can be changed without broad consensus, what does that mean for decentralisation?
FOLLOW:
Danny Knowles: https://x.com/_DannyKnowles or https://primal.net/danny
MrHodl: https://x.com/MrHodl
Wicked: https://x.com/w_s_bitcoin
THANKS TO OUR SPONSORS:
LEDN: https://learn.ledn.io/wbd
BITKEY: https://bitkey.world/
ANCHORWATCH: https://www.anchorwatch.com/
BLOCKWARE: https://www.blockwaresolutions.com/wbd/
SWAN: https://www.swan.com/wbd
CAPE: https://www.cape.co/wbd
SUBSCRIBE TO THE PODCAST:
FOUNTAIN: https://fountain.fm/show/gpascDml6iI0sM8aTOCT
SPOTIFY: https://open.spotify.com/show/18Pixm6jNMATYXSO6cUnTH
APPLE PODCASTS: https://podcasts.apple.com/gb/podcast/defiance/id1482455669
WEBSITE: https://www.whatbitcoindid.com/
CHAPTERS:
00:00:00 - Introduction
00:03:35 - Why BIP110 Doesn’t Solve Spam
00:12:26 - BIP148, SegWit and the Blocksize War
00:16:08 - SegWit Signalling vs BIP110
00:20:25 - Bitcoin Core Isn’t Your Employee
00:25:04 - What Running a Node Actually Means
00:32:05 - Could BIP110 Wipe Out the Legacy Chain?
00:36:50 - BIP148 and BIP110 Are Not the Same
00:48:54 - Who Is Really a Miner?
00:57:11 - What Happens When BIP110 Fails?
01:05:09 - Saylor Selling Bitcoin & Proof of Reserves
What Bitcoin Did with Danny Knowles
#Bitcoin #Finance #Money #Economics
Wicked and MrHodl join the show to break down why BIP110 won’t change Bitcoin.
We get into the fight over arbitrary data on Bitcoin, why they believe BIP110 fails to solve the problem it claims to address, and why miner signalling alone does not define consensus. The conversation covers Bitcoin Core, Knots, the blocksize war, SegWit, BIP148, spam, soft forks, hard forks, nodes, miners, exchanges, and the role of the economic majority in defending Bitcoin’s rules.
Is BIP110 a serious proposal, a virtue signal, or an attempted replay of old battles? And if Bitcoin can be changed without broad consensus, what does that mean for decentralisation?
FOLLOW:
Danny Knowles: https://x.com/_DannyKnowles or https://primal.net/danny
MrHodl: https://x.com/MrHodl
Wicked: https://x.com/w_s_bitcoin
THANKS TO OUR SPONSORS:
LEDN: https://learn.ledn.io/wbd
BITKEY: https://bitkey.world/
ANCHORWATCH: https://www.anchorwatch.com/
BLOCKWARE: https://www.blockwaresolutions.com/wbd/
SWAN: https://www.swan.com/wbd
CAPE: https://www.cape.co/wbd
SUBSCRIBE TO THE PODCAST:
FOUNTAIN: https://fountain.fm/show/gpascDml6iI0sM8aTOCT
SPOTIFY: https://open.spotify.com/show/18Pixm6jNMATYXSO6cUnTH
APPLE PODCASTS: https://podcasts.apple.com/gb/podcast/defiance/id1482455669
WEBSITE: https://www.whatbitcoindid.com/
CHAPTERS:
00:00:00 - Introduction
00:03:35 - Why BIP110 Doesn’t Solve Spam
00:12:26 - BIP148, SegWit and the Blocksize War
00:16:08 - SegWit Signalling vs BIP110
00:20:25 - Bitcoin Core Isn’t Your Employee
00:25:04 - What Running a Node Actually Means
00:32:05 - Could BIP110 Wipe Out the Legacy Chain?
00:36:50 - BIP148 and BIP110 Are Not the Same
00:48:54 - Who Is Really a Miner?
00:57:11 - What Happens When BIP110 Fails?
01:05:09 - Saylor Selling Bitcoin & Proof of Reserves
What Bitcoin Did with Danny Knowles
#Bitcoin #Finance #Money #Economics
