I'm joined by guests Andrew Poelstra and Adam Gibson to discuss SegWit and related issues including taproot, schnoor, inscriptions and the witness discount.

Discussion Topics:

• 00:02:14 Introductions to guests
• 00:05:06 Introductions to episode
• 00:06:12 bech32
• 00:15:46 The malleability problem
• 00:22:23 Mental model for understanding malleability
• 00:26:16 Primer on SegWit
• 00:36:23 Why does witness data have a discount?
• 00:42:40 What is sighash?
• 00:46:55 How is the weight calculated?
• 00:53:19 Inputs and outputs
• 00:58:41 Importance of the UTXO set
• 01:02:45 Block size considerations
• 01:04:13 Calculating the witness data discount
• 01:09:00 Introduction to Taproot and Schnoor
• 01:11:08 Schnoor signatures
• 01:21:01 Taproot
• 01:36:59 Taproot use cases
• 01:40:31 Timelocks, covenants and OP_VAULT
• 01:44:44 Taproot + lightning
• 01:47:17 Ordinals and inscriptions
• 02:06:40 References
• 02:09:11 Final thoughts

Links & Contacts:

• Website: https://bitcoin.review/Podcast
• Twitter: https://twitter.com/bitcoinreviewhq
• NVK Twitter: https://twitter.com/nvk
• Telegram: https://t.me/BitcoinReviewPod
• Email: producer@coinkite.com
• Nostr & LN:⚡nvk@nvk.org (not an email!)

Full show notes: https://bitcoin.review/podcast/episode-29/