Actionable bitcoin and freedom tech discussion.
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Actionable bitcoin and freedom tech discussion.
Funded by our audience. No ads or sponsors.
Copyright: © ODELL
support dispatch: https://citadeldispatch.com/donate
EPISODE: 120
BLOCK: 835247
PRICE: 1485 sats per dollar
TOPICS: history of ecash, cashu, future of ecash, better bitcoin custodians, potential for ecash in corporate infrastructure, lightning network as an interoperable payment protocol, soft forks, scaling solutions, vc conspiracies
calle github: https://github.com/callebtc
calle nostr: https://primal.net/calle
new to nostr? try https://primal.net
nostr live chat: https://citadeldispatch.com/stream
nostr account: https://primal.net/odell
youtube: https://www.youtube.com/@citadeldispatch
podcast: https://www.podpage.com/citadeldispatch
stream sats to the show: https://www.fountain.fm/
(00:00:20) Intro Fox Business Clip
(00:05:29) Introduction of Chaumian eCash
(00:51:02) Benefits of Lightning Network for eCash
(00:52:07) Interoperability and multiple balances on multiple mints
(00:53:44) Multipath payments and partial lightning payments
(01:37:46) Permission and trust
(01:38:11) ETFs and scaling solutions
(01:38:58) Layers and scams
Originally recorded in 2022 in front of a live audience at Bitcoin Park in Nashville.
nostr live chat: https://citadeldispatch.com/stream
nostr account: https://primal.net/odell
youtube: https://www.youtube.com/@citadeldispatch
podcast: https://www.podpage.com/citadeldispatch
stream sats to the show: https://www.fountain.fm/
(00:00) Introduction to Bitcoin and its simplicity
(00:27) Ease of use and benefits of using Bitcoin
(01:08) Comparison of credit card fees and chargebacks with Bitcoin
(01:45) Bitcoin as an empowering tool for individuals
(02:11) Bitcoin's fixed supply and potential for increased purchasing power
(03:19) Bitcoin as open source code and its resistance to change
(04:42) Bitcoin as a decentralized and permissionless form of money
(05:54) Bitcoin as a savings vehicle and the perversion of its narrative
(09:26) Challenges with centralized entities and the concept of a circular economy
support dispatch: https://citadeldispatch.com/donate
EPISODE: 119
BLOCK: 834670
PRICE: 1392 sats per dollar
TOPICS: medium of exchange vs store of value, lightning, stablecoins, different custody models, ecash, bolt12, human readable names, marathon slipstream, non standard transactions, bitkey hardware wallet, spiral wizards
project website: https://spiral.xyz
new to nostr? try https://primal.net
nostr live chat: https://citadeldispatch.com/stream
nostr account: https://primal.net/odell
youtube: https://www.youtube.com/@citadeldispatch
podcast: https://www.podpage.com/citadeldispatch
stream sats to the show: https://www.fountain.fm/
(00:00:02) Intro Clip: The risk of governments affecting bitcoin's growth
(00:01:58) Bitcoin as a currency vs. store of value
(00:41:50) Taproot channels and reducing fees
(00:51:40) Time Out Trees and scaling Lightning
(01:08:07) Stablecoins on Bitcoin and Lightning
(01:21:11) The impact of non-standard transactions on the Bitcoin network
(01:22:30) The need for transparent and verifiable transaction accelerator services
(01:26:21) The importance of preventing centralization in Bitcoin mining
support dispatch: https://citadeldispatch.com/donate
EPISODE: 118
BLOCK: 833638
PRICE: 1482 sats per dollar
TOPICS: lightning, running your own node, bitcoin business infrastructure, the future, ecash
project website: https://voltage.cloud
new to nostr? try https://primal.net
nostr live chat: https://citadeldispatch.com/stream
nostr account: https://primal.net/odell
youtube: https://www.youtube.com/@citadeldispatch
podcast: https://www.podpage.com/citadeldispatch
stream sats to the show: https://www.fountain.fm/
(00:00:00) The challenges of scaling Bitcoin
(00:00:24) The importance of the free market as a release valve for innovation
(00:01:37) The opportunities that arise from increased demand for Bitcoin
(00:33:53) The love/hate relationship with lightning
(00:34:10) Lightning is useful
(00:36:10) Lightning nodes
(01:04:20) The use of Phoenix in ACINQ development
(01:05:17) The excitement around the bitcoin halving
(01:11:11) The potential of earning bitcoin through various avenues
(01:31:51) Differences between bitcoin and ecash
(01:52:00) Importance of clear communication about bitcoin and ecash
(01:58:05) The excitement of building on bitcoin
support dispatch: https://citadeldispatch.com/donate
EPISODE: 117
BLOCK: 832733
PRICE: 1609 sats per dollar
TOPICS: nostr, client tradeoffs, concerns, opensats, chaumian ecash, what the future holds
project website: https://github.com/mikedilger/gossip
new to nostr? try https://primal.net
nostr live chat: https://citadeldispatch.com/stream
nostr account: https://primal.net/odell
youtube: https://www.youtube.com/@citadeldispatch
podcast: https://www.podpage.com/citadeldispatch
stream sats to the show: https://www.fountain.fm/
(00:00:00) Introduction and importance of using decentralized social networks
(00:06:01) Development of the Nostr client and the decision to use it
(00:30:04) Challenges of spam prevention in Nostr
(00:39:30) Comparison of different Nostr clients and their trade-offs
(00:43:56) Port opening and running lightning nodes
(00:44:17) Running lightning nodes in a VPS
(00:44:47) Different wallet options for lightning nodes
(00:45:26) Liquidity management in lightning network
(00:45:48) Chaumian ecash and Fedimint
(00:50:07) Interacting with OpenSats
(00:50:30) Funding projects through OpenSats
(00:53:20) Donating to OpenSats
(00:56:45) Challenges and risks in Nostr project
(00:58:28) Updates from Sovereign Engineering
(01:00:10) Appreciation for Gossip client
(01:00:56) Upcoming dispatch and Nostr usage
support dispatch: https://citadeldispatch.com/donate
EPISODE: 116
BLOCK: 820743
PRICE: 2452 sats per dollar
TOPICS: home mining, small scale mining, censorship, pools, tradeoffs
project websites: https://www.futurebit.io/ and https://github.com/skot/bitaxe
nostr live chat: https://citadeldispatch.com/stream
nostr account: https://primal.net/odell
youtube: https://www.youtube.com/@citadeldispatch
podcast: https://www.podpage.com/citadeldispatch
stream sats to the show: https://www.fountain.fm/
(00:00:49) Home Bitcoin mining, pirate mining, noninstitutional mining
(00:01:55) Futurebit's new product, the Apollo 2
(00:08:31) Mining pool centralization risks and the need for more options
(00:48:06) The need for tools for smaller miners
(00:50:11) The confusion around the Coinbase transaction
(00:57:12) The importance of self-custody and running Bitcoin at the base layer
support dispatch: https://citadeldispatch.com/donate
EPISODE: 115
BLOCK: 820048
PRICE: 2276 sats per dollar
TOPICS: building a mainstream nostr client, integrating a bitcoin wallet into primal, is nostr too bitcoin focused?, zaps are straight fire
project website: https://primal.net
nostr live chat: https://citadeldispatch.com/stream
nostr account: https://primal.net/odell
youtube: https://www.youtube.com/@citadeldispatch
podcast: https://www.podpage.com/citadeldispatch
stream sats to the show: https://www.fountain.fm/
(00:01:22) Nostr adoption and progress
(00:23:04) The controversy around Primal's approach
(00:25:41) Primal 1.0 and its significance
(00:49:17) Trade-offs in Nostr and Bitcoin adoption
(00:50:13) Dealing with an AI bot in the chat
(00:51:00) The ease of onboarding to Primal app
(00:51:35) Future plans for Nostr and Primal
(00:52:11) Development and knowledge transfer in the dispatch stream
(00:52:30) Simplifying the onboarding process for Nostr and Bitcoin
(00:53:02) The value of zaps in Nostr and social media
(00:53:18) The importance of censorship resistance in Nostr
(00:54:09) Feature requests for the Primal app
(00:55:45) The challenges of adding more settings to the app
(00:56:27) The open development of Nostr and the power of the community
(00:57:23) The potential for Nostr to attract content creators
(00:58:02) The importance of censorship resistance and the potential for censorship on other platforms
(00:59:05) The realization of the need for censorship resistance
(00:59:48) The potential for Nostr to attract users who are not aware of the importance of censorship resistance
(01:00:31) The core adoption base of Nostr and the messaging to content creators
(01:01:31) The value proposition of Nostr for content creators
(01:02:03) The closing of walls on centralized platforms and the openness of Nostr
(01:03:05) The importance of treating Nostr as a first-class citizen
(01:04:26) Acknowledgment of audience support and donations
(01:05:58) Shout-outs to top comments and boosts
(01:06:36) Encouragement to share the podcast with others
(01:07:02) Plans for future conversations with the guest
(01:07:13) Final thoughts on the book 'Mandibles'
(01:08:17) Reflection on the accuracy of the book 'When Money Dies'
(01:09:53) The impact of hyperinflation and parallels to the book
(01:10:51) Favorite characters in the book 'Mandibles'
(01:12:21) The potential to troll non-Bitcoiners on Nostr in the future
support dispatch: https://citadeldispatch.com/donate
EPISODE: 114
BLOCK: 817211
PRICE: 2746 sats per dollar
TOPICS: merchant adoption, keeping it simple by reducing friction, custodial risk, liquid adoption
project website: https://coinos.io
nostr live chat: https://citadeldispatch.com/stream
nostr account: https://primal.net/odell
youtube: https://www.youtube.com/@citadeldispatch
podcast: https://www.podpage.com/citadeldispatch
stream sats to the show: https://www.fountain.fm/
(01:00) Introduction of guests: Adam, founder of CoinOS, and Cole, head of business development
(02:00) History and evolution of CoinOS
(03:20) Discussion on the adoption and usage of Liquid and the challenges it faces
(11:31) Focus of CoinOS on merchant adoption and its features
(19:35) Strategies for merchant adoption and the importance of community support
(36:13) Lessons learned from the merchant adoption process
(44:25) Cold calling as a strategy for onboarding merchants
(45:01) Bitcoin meetups during COVID lockdowns
(46:28) Custodial lightning wallets and self custody
support dispatch: https://citadeldispatch.com/donate
EPISODE: 113
BLOCK: 813798
PRICE: 2895 sats per dollar
TOPICS: making freedom money easy to use
project website: https://zeusln.app/
nostr live chat: https://citadeldispatch.com/stream
nostr account: https://primal.net/odell
youtube: https://www.youtube.com/@citadeldispatch
podcast: https://www.podpage.com/citadeldispatch
stream sats to the show: https://www.fountain.fm/
(00:06:58) Zeus version 0.8.0, beta 1 release
(00:18:45) Lightning address and recurring payments
(00:29:53) Controversy and concerns about Zeus implementation
(00:43:36) Finding equilibrium and accommodating demand
(00:44:14) Making more resilient protocols and pushing things forward
(00:46:13) Working together and being a decent person
support dispatch: https://citadeldispatch.com/donate
EPISODE: 112
BLOCK: 809610
PRICE: 3813 sats per dollar
TOPICS: using HSMs to reduce lightning hot wallet risk
project website: https://vls.tech
nostr live chat: https://citadeldispatch.com/stream
nostr account: https://primal.net/odell
youtube: https://www.youtube.com/@citadeldispatch
podcast: https://www.podpage.com/citadeldispatch
stream sats to the show: https://www.fountain.fm/
(00:00:30) Introduction to Citadel Dispatch and the topic of improving the security of Lightning Nodes
(00:01:25) Background of Ken and his experience in Bitcoin and custody
(00:09:52) Discussion on the hot wallet risk issue in Lightning Nodes and the need for additional signing mechanisms
(00:14:36) Explanation of HSMDs (Hardware Security Module Daemons) and their role in securing hot wallets
(00:20:08) Discussion on the vulnerabilities in Lightning Nodes and the need for improved security
(00:28:07) Exploration of different use cases for VLS, including enterprise, consumer, and small retailer applications
(00:39:46) Importance of open source and decentralization in the development of VLS
(00:42:46) Status update on the progress of VLS and its collaboration with other projects
(00:46:09) LND's signing abstraction and adaptation challenges
(00:46:37) Effort to connect LND to VLS
(00:47:06) Node integration and additional information
(00:47:50) Adding hints to wallet addresses
(00:49:03) Critical messages for VLS
(00:49:31) Buy-in from maintainers of implementations
(00:50:09) Anticipating a killer app for Lightning
(00:52:50) Preparing for scaling and security issues
(00:56:48) The vision of a plug-and-play Lightning node
(01:00:38) Value for value and micro paywalls
(01:04:30) Use cases for Nostr
(01:09:53) Contributors and contact information