CoinDesk Podcast Network - THE PROTOCOL: Rootstock | Bringing the Ethereum Virtual Machine to Bitcoin

Rootstock Chief Scientist, Sergio Demian Lerner, regards the upcoming Bitcoin halving is a moment of celebration for the community and highlights the importance of transaction fees for the sustainability of the network.


This episode is sponsored by the Stellar Community Fund

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In this installment of "The Protocol," hosts Brad Keoun, the founding editor of The Protocol Newsletter, and tech journalists Sam Kessler and Margaux Nijkerk, dive into 

are joined by Sergio Demian Lerner, Chief Scientist at Rootstock, to discuss his research on the Patoshi pattern and the early mining of Bitcoin. He explains how he identified that Satoshi Nakamoto had mined approximately 1.1 million Bitcoins and had never spent them, which built trust in the system. Sergio also shares his insights on the upcoming Bitcoin halving and the importance of transaction fees for the sustainability of the network. 


Takeaways

  • Sergio Demian Lerner identified the Patoshi pattern, which revealed that Satoshi Nakamoto had mined approximately 1.1 million Bitcoins and had never spent them, building trust in the system.
  • The upcoming Bitcoin halving is a moment of celebration for the community and highlights the importance of transaction fees for the sustainability of the network.
  • Rootstock aims to bring the Ethereum Virtual Machine (EVM) to Bitcoin and focuses on financial inclusion and the use of Bitcoin collateralized stablecoins.
  • The cultures of Ethereum and Bitcoin differ in terms of complexity, centralization, and fragmentation, with Ethereum being more open and welcoming to developers.
  • The introduction of BitBM and the development of bridges on Bitcoin may lead to changes in the Bitcoin ecosystem, such as the addition of new opcodes for more efficient operations.


Chapters

00:00 Uncovering the Patoshi Pattern

13:51 Rootstock: Bringing the EVM to Bitcoin


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EPISODE LINKS |  

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The Protocol has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “Take Me Back” by Strength To Last.

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Stuff They Don't Want You To Know - What is Fertility Fraud?

For millions of people across the planet, fertility treatments make families possible. Each year in the US alone, procedures like IVF allow thousands of children a chance at life -- so long as everything is conducted in an ethical manner. However, as Ben, Matt and Noel dive into the dark side of this multimillion dollar industry, they discover these treatments can also result in some deeply disturbing crimes and conspiracies. Tune in to learn more about fertility fraud.

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See omnystudio.com/listener for privacy information.

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CoinDesk Podcast Network - THE MINING POD: Are Mining Pools Political Targets?

Politicians are taking aim at mining pools, but pool operators aren't making it any easier by allowing for various transaction types on-chain. All this and more in this week’s mining news roundup!


Follow along on your favorite podcast player of choice by clicking here.

Matt, Charlie and Will discuss Bitcoin and Bitcoin mining news, from Bitmain’s large US operations to Ordinals marketcap projections to mining pools playing games with new transaction types. Senator Elizabeth Warren might even drop by!

Chapter Markers:

00:00:00 Start

00:01:54 Intro & Bitcoin Halving

00:03:27 Difficulty Adjustment 

00:05:01 Bitmain & BitFuFu

00:07:08 New US ASIC Maker

00:10:07 Promising or Flop?

00:11:15 Ordinals Corner

00:15:31 Ordinals Hype Chart

00:18:33 Ordinals vs. ETH NFTs

00:20:15 Ordinals & Block Space

00:23:45 Ordinals: JPEGs for BTC?

00:26:16 Mining Fees & Ordinals

00:28:41 Bitcoin Pool Revenues

00:31:17 Pool Decentralization

00:33:20 Sen. Warren on Crypto

00:37:15 Wrapping Up


Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 


👉 Check out our other shows and content by going to Blockspace.media today.

👉 Join our Bitcoin Halving party in Denver, Colorado on April 20th! 

👉 Watch our newest documentary, The Big Empty!

Follow our host on Twitter, @wsfoxley.

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Thank you to our sponsor, CleanSpark, America’s Bitcoin miner! And thank you to Foreman Mining, Master Your Mining!

"The Mining Pod" is produced by Sunnyside Honey LLC with Senior Producer, Damien Somerset. Distributed by CoinDesk with Senior Producer Michele Musso and Executive Producer Jared Schwartz. 

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Federalist Radio Hour - Jeffrey Paul Discusses ‘Winning America’s Second Civil War’

Jeffrey Paul, a research professor at West Virginia University, joins Federalist Culture Editor Emily Jashinsky to discuss his new book, Winning America’s Second Civil War: Progressivism's Authoritarian Threat, Where It Came From, And How To Defeat It.

If you care about combatting the corrupt media that continue to inflict devastating damage, please give a gift to help The Federalist do the real journalism America needs.  

CBS News Roundup - 04/12/2024 | World News Roundup

Bracing for possible Iranian attack against Israel. Pennsylvania flooding. Former Ohtani interpreter in court for alleged $16 million theft. CBS News Correspondent Deborah Rodriguez has today's World News Roundup.

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Reset with Sasha-Ann Simons - Chicagoan Tackles Family Dysfunction In Her New Memoir

Life wasn’t always easy for poet Nikki Pitan, who grew up with domestic violence, and fatphobia affecting her self esteem in her far South Side home. She tells Reset about how her new memoir outlines her lifelong journey of healing and breaking those generational cycles. For a full archive of Reset interviews, head over to wbez.org/reset.