Ep44: Bitcoin PIPEs: Do Everything On Bitcoin Without A Soft Fork?

We get super technical with Misha Komarov about Bitcoin PIPEs -- a proposed scheme to emulate opcodes like OP_CAT (and therefore covenants) without a soft fork. Follow our hosts on X: @cbspears Follow our guest on X: @nemothenoone --- Bitcoin Season 2 is brought to you by Botanix! Botanix Labs is pioneering a new direction for DeFi with the first EVM L2 running on Bitcoin that’s built to be forward secure, decentralized, and share gas fees generated by the network with users. See the future of DeFi from botanixlabs.xyz --- Follow our hosts on X: @cbspears Bitcoin Season 2 is proudly presented by Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on X and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech! --- Chapters: 0:00 - Intro 1:44 - Upcoming Workshop in Boston 2:15 - Misha's Background 7:01 - Opcodes and Covenants Explained 11:26 - Introduction to Bitcoin Pipes 17:19 - Functional Encryption and Bitcoin 20:09 - Placeholder Proof Systems in Bitcoin 26:58 - Setting Up a Bitcoin Pipe 32:20 - Decrypting a Pipe for Transactions 35:00 - Misha's Thoughts on Bitcoin Soft Forks 40:17 - Bitcoin’s Developer Renaissance 43:20 - Future Implementation of Bitcoin Pipes 46:00 - Feasibility of Bitcoin Proof Systems 48:05 - Why Misha is Excited About Bitcoin 50:11 - Final Thoughts Learn more about your ad choices. Visit megaphone.fm/adchoices