Episode notes
On today’s show, we are joined by Paul Sztorc and Austin Alexander of Layer 2 Labs, a new Bitcoin company that raised $3 million to bring sidechains to the Bitcoin network.
https://twitter.com/LayerTwoLabs
Paul Sztorci: https://twitter.com/Truthcoin
Will Foxley: https://twitter.com/wsfoxley
SPONSOR
Enhance your ASIC education with hands-on courses offered by Foundry. Led by industry-veteran instructors, Foundry’s Mining Technician academy programs cover a range of topics - from identifying issues and troubleshooting common hardware failures, to coursework exploring bitcoin’s global impact.
TIMESTAMPS:
00:00 Start
01:10 Intro
01:44 Who is Paul?
02:50 Who is Austin?
04:33 ETH & Zcash on drivechains
07:10 What is merge mining?
10:08 The history of sidechains
20:49 Liquid vs sidechains
26:18 Cultural pushback against drivechains
32:53 Other scaling ideas
36:45 The BIP process
42:16 Wrap up
MINE
Start mining your own bitcoins with Compass. https://bit.ly/3CehBf1
WATCH
https://youtube.com/c/CompassMining?sub_confirmation=1
LISTEN
Apple Podcasts https://apple.co/3fNfrdi
Spotify https://spoti.fi/3tSf9G1
Amazon https://amzn.to/3557cqg
Anchor https://bit.ly/3rmb7UF
Fountain https://bit.ly/3NeNTec
LEARN
Every week, Compass sends a memo to professional miners and investors with the most important news and data in cryptocurrency mining. Get the free newsletter in your inbox too: https://bit.ly/3vOGzxD
FOLLOW
Twitter: https://twitter.com/compass_mining
LinkedIn: https://www.linkedin.com/company/compassmining
Learn more about your ad choices. Visit megaphone.fm/adchoices
