Ep44: Bitcoin PIPEs: Do Everything On Bitcoin Without A Soft Fork?

We get super technical with Misha Komarov about Bitcoin PIPEs -- a proposed scheme to emulate opcodes like OP_CAT (and therefore covenants) without a soft fork.

Follow our hosts on X: @cbspears

Follow our guest on X: @nemothenoone

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Follow our hosts on X: @cbspears

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Chapters:

0:00 - Intro

1:44 - Upcoming Workshop in Boston

2:15 - Misha's Background

7:01 - Opcodes and Covenants Explained

11:26 - Introduction to Bitcoin Pipes

17:19 - Functional Encryption and Bitcoin

20:09 - Placeholder Proof Systems in Bitcoin

26:58 - Setting Up a Bitcoin Pipe

32:20 - Decrypting a Pipe for Transactions

35:00 - Misha's Thoughts on Bitcoin Soft Forks

40:17 - Bitcoin’s Developer Renaissance

43:20 - Future Implementation of Bitcoin Pipes

46:00 - Feasibility of Bitcoin Proof Systems

48:05 - Why Misha is Excited About Bitcoin

50:11 - Final Thoughts

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