What is transaction malleability? Can transaction IDs be changed? How does Segregated Witness make the Lightning Network easier to run? When will we have multi-party channel funding and channel balancing with BOLT 1.1.? Are SegWit transactions seen by old nodes as ‘anyone can spend’? Is SegWit enough to improve scalability for mass adoption? Do you think we will get more privacy in the Bitcoin protocol before ossification sets in?

These questions are from the February monthly subscriber session and the fifth session of MOOC 11, which took place on February 23rd and March 1st 2019, respectively.

RELATED:
Consensus Algorithms, Blockchain Technology, and Bitcoin – https://youtu.be/fw3WkySh_Ho
Advanced Bitcoin Scripting Part 1: Transactions and Multisig – https://youtu.be/8FeAXjkmDcQ
Advanced Bitcoin Scripting Part 2: SegWit, Consensus, and Trustware – https://youtu.be/pQbeBduVQ4I
What is Consensus: Rules without Rulers – https://youtu.be/2tqo7PX5Pyc
Forkology: A Study of Forks for Newbies – https://youtu.be/rpeceXY1QBM
Bitcoin: Where the Laws of Mathematics Prevail – https://youtu.be/HaJ1hvon0E0
The mining process – https://youtu.be/L4Xtau0YMJw
Genesis block and coinbase transactions – https://youtu.be/strhfzJ56QE
The rules of Bitcoin (part 1) – https://youtu.be/VnQu4uylfOs
The rules of Bitcoin (part 2) – https://youtu.be/vtIp0GP4w1E
What was SegWit2x? – https://youtu.be/4Sy42Y5oqGo
Decentralized power, leaderless governance – https://youtu.be/E5VbDlQTPzU
Scaling, trust, and trade-offs – https://youtu.be/vCxmHwqyJWU
Why running a node is important – https://youtu.be/oX0Yrv-6jVs
Honest nodes and consensus – https://youtu.be/KAhY2ymI-tg
Do “crypto-banks” threaten hard money? – https://youtu.be/Ps78g2_3_6o
Running nodes and payment channels – https://youtu.be/ndcfBfE_yoY
What happens during a fork? – https://youtu.be/XBk8hBJ1xVo
Empty blocks, orphan blocks, and valid chains – https://youtu.be/dizF2S63RXY
SegWit adoption – https://youtu.be/KCsTVTRk6I4
How do mnemonic seeds work? – https://youtu.be/wWCIQFNf_8g

Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and respected figures in bitcoin.

Follow on Twitter: @aantonop https://twitter.com/aantonop
Website: https://antonopoulos.com/

He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters.

Subscribe to the channel to learn more about Bitcoin & open blockchains; click on the red bell to enable notifications about new videos!

MASTERING BITCOIN, 2nd Edition: https://amzn.to/2xcdsY9

Translations of MASTERING BITCOIN: https://bitcoinbook.info/translations-of-mastering-bitcoin/

THE INTERNET OF MONEY, v1: https://amzn.to/2ykmXFs

THE INTERNET OF MONEY, v2: https://amzn.to/2IIG5BJ

Translations of THE INTERNET OF MONEY:
Spanish, ‘Internet del Dinero’ (v1) – https://amzn.to/2yoaTTq
French, ‘L’internet de l’argent’ (v1) – https://www.amazon.fr/Linternet-largent-Andreas-M-Antonopoulos/dp/2856083390
Russian, ‘Интернет денег’ (v1) – https://www.olbuss.ru/catalog/ekonomika-i-biznes/korporativnye-finansy-bankovskoe-delo/internet-deneg
Vietnamese, ‘Internet Của Tiền Tệ’ (v1) – https://alphabooks.vn/khi-tien-len-mang

MASTERING ETHEREUM (Q4): https://amzn.to/2xdxmlK

Music: “Unbounded” by Orfan (https://www.facebook.com/Orfan/)
Outro Graphics: Phneep (http://www.phneep.com/)
Outro Art: Rock Barcellos (http://www.rockincomics.com.br/)

source

12 COMMENTS

  1. I don't think bitcoin will ossify too much. Look at Android: it's way more complicated than bitcoin (its implementation weighs 1+ GB, while Bitcoin Core only weighs 70 MB), it is bound to hardware, and still people manage to upgrade Android every year. Currently the most popular Android is Marshmallow, which was released in 2015, so there is a few years worth of delay, yet people do upgrade eventually. Ubuntu is still more complicated than Android (the distribution weights 4+ GB), yet people somehow manage to upgrade every two years. Even dollar hasn't ossified yet, as there are still new kinds of financial instruments denominated in dollar being introduced. Still, bitcoin may run over the old implementation of TCP/IP, but it doesn't have to be some old implementation of bitcoin.

  2. That explanation of why signatures were removed from transaction ids doesnt make sense to me. Why couldnt limits be put on the signature so that it could be included in the transaction. Like if it is 5 then you have to write it 05. Always 2 digits. Idk that smells fishy. Is that the reason why bch broke off

  3. I loved the video but the sound is terrible. Please get a good microphone some people who may not know you may find the video 'amateurish' and not care to keep watching, and we want them to keep watching!

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