Eli Ben-Sasson, co-founder and CEO of StarkWare, joins us to discuss how StarkNet plans to settle on both Ethereum and Bitcoin. We dive into the technical details of zero-knowledge proofs, the importance of OP_CAT for Bitcoin’s future, and the fascinating Collider Script approach to covenants. Eli shares his concerns about Bitcoin ossification, explaining why without scaling solutions, Bitcoin risks becoming a “Rolex” – an asset only accessible to the wealthy. We also explore quantum computing threats and potential solutions for securing Bitcoin’s future.
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Notes:
– StarkWare has over 200 team members
– OP_CAT is the “greenest” covenant proposal
– Quantum threats require ZK-based solutions
– Collider Script enables covenants at high cost
– Bitcoin fees prevent mass adoption
– Bitcoin needs soft forks to avoid ossification
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👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech!
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