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BTC145: Adam Back on Drivechains, Mining Hardware, & L1 scaling w/ James Macedonio (Bitcoin Podcast)

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IN THIS EPISODE, YOU’LL LEARN:

  • Why is building an ASIC like building a high-performance race car?
  • How do you think through production and reliability when building an ASIC?
  • How can one test the reliability of an ASIC when it's actual performance is always on?
  • What is the Blockstream BASIC note?
  • What was the performance of the previous Blockstream Mining Note and how is it different than the BASIC?
  • Why is there so much inventory of ASICs on the market right now?
  • Some people say layer 1 bitcoin might become too costly and layer 2 can't scale, what are your thoughts?
  • What is Adam's thoughts on drivechains?
  • Are there other blockchains that have experimented with OP CATs that were originally coded into Bitcoin but now are turned-off for safety reasons?
  • Do we even need more scripting on layer 1 for Bitcoin to solve "clown world"?
  • Are engineers being reasonable with the speed at which they want to roll-out updates?


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