This is episode 183 of You, Me, and BTC – your liberty and Bitcoin podcast.
Scaling, scaling, scaling. Everything is about scaling these days. Do we want SegWit2x? UASF? No changes? Something else?
To be honest, we're kinda sick of talking about scaling, so tonight we're gonna dive into something related but different: sidechains. Or more specifically, drivechains.
The concept of sidechains has been around for awhile, but according to Kyle Torpey, it appears that a protocol called drivechain will soon become the leading sidechain implementation.
One theory is that sidechains will solve Bitcoin scaling by allowing completely new blockchains to reduce Bitcoin's load. Is this really possible? Would it compromise Bitcoin's security? We'll try to answer those questions and share more details during this week's livestream.
Then later in the show, we'll cover some brand new events in the Mt. Gox saga. Karpeles is finally going to trial, but (of course) he says he's innocent.
Tune in at tonight 9PM Eastern and check the list below for some of the specific stories we'll cover!
- Op Ed: Drivechains Could Kill Off the Altcoin Market
- Drivechain
- Chief of bitcoin exchange Mt. Gox denies embezzlement as trial opens
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Karpeles admits operating Willy bot, now called an "obligation exchange", but says it was for good of company so not illegal #KarpelesTrial
— Kolin Burges (@The_K_meister) July 11, 2017
Your hosts this week are Daniel Brown, Tim Baker, and Zack Voell. Don't forget to scroll down so you can keep up with our open tweet lines, vote in this week's Bitcoin poll, and share your thoughts in the comments!
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Are #sidechains/#drivechains a reasonable new way to approach #Bitcoin scaling? Tune in tonight @ 9P ET! https://t.co/3q9dDidSjr @kyletorpey
— You, Me, and BTC (@YouMeAndBTC) July 13, 2017