Suni and Butch are back from space, Yesterday, Putin -- today, President Trump talks to Zelinsky. Whiteout for the nation's midsection. CBS News Correspondent Deborah Rodriguez has those stories and more on the World News Roundup podcast.
Peter Todd, mistakenly identified as Satoshi in an HBO doc, discusses Bitcoin's technical history, mining economics, block withholding attacks, and controversial ideas like demurrage.
Peter Todd joins us to talk about Bitcoin's technical evolution, discussing terminology like "blockchain" vs "timechain," and revealing flaws in Satoshi's original design. Peter dives deep into mining economics, explaining the risks of block withholding attacks, the problems with activation mechanisms for soft forks, and controversial funding models like demurrage. Despite surviving significant challenges, Bitcoin faces ongoing security concerns as block rewards diminish, requiring creative solutions to ensure mining remains economically viable long-term.
Notes:
- Block withholding attacks remain an unsolved risk
- Mining rewards currently ~0.5% tax on Bitcoin savings
- Bitcoin difficulty algorithm relies on halving events
- Miners have ~24-30% hash power can disrupt network
- Transaction fees alone insufficient for mining economics
- Demurrage could stabilize mining revenue long-term
Check out our Bitcoin scaling conference! Visit opnext.dev to learn more.
Timestamps:
00:00 Start
02:03 Timechain not a good word
04:28 White paper terminology
09:17 Difficulty
11:35 Price vs hashrate
12:53 Block withholding attack
21:08 Arch Network
21:40 Risks of a block withholding attack
26:50 Soft forks
31:01 BIP 8 & BIP 9
34:12 Signaling for soft forks
35:51 Nodes vs miners
38:04 Transaction IDs
43:22 OP_NEXT
44:14 Solving soft fork activation
48:50 Are drivechains dumb?
50:44 Miner centralization
56:54 WTF is demurrage?
1:01:18 Tail emission
1:07:04 ETH mansion
1:09:47 Ordinals
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👉 Brought to you by Arch Network! Arch brings the speed of Solana & the best of crypto UX to Bitcoin. Tap into the rich app ecosystem on Arch & try out the testnet while you’re still early! Visit arch.network to learn more.
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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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A federal judge rules that President Trump's administration likely violated the Constitution when it shut down USAID, but Trump vows to appeal. Hours after Trump and Putin announced a limited ceasefire, Russia and Ukraine launched new attacks, raising doubts about the deal. And Israel breaks the ceasefire with Hamas and resumes airstrikes on Gaza, killing hundreds of Palestinians.
Today's episode of Up First was edited by Jane Greenhalgh, Ryland Barton, Russell Lewis, Alice Woelfle and Mohamad ElBardicy. It was produced by Ziad Buchh, Destinee Adams and Christopher Thomas. We get engineering support from Neisha Heinis, our technical director is Carleigh Strange.
Donald Trump hoped Vladimir Putin would agree to a ceasefire in Ukraine. Instead he made marginal concessions, then launched a missile attack. Our correspondent assesses the implications. Tesla’s falling sales are not just down to Elon Musk’s politics (9:42). And a flowering of literary erotica (15:40).
Thanks for making The Daily Signal Podcast your trusted source for the day’s top news. Subscribe on your favorite podcast platform and never miss an episode.
We’re talking about the latest rulings that seem to pit the White House against some judges… and what the U.S. Supreme Court’s chief justice has to say about it.
And what progress has—and hasn’t—been made in a deal between Ukraine and Russia.
Also, an epic journey ends with a splashdown as two NASA astronauts finally return home from an extended stay in space.
Plus, new efforts to crack down on baby formulas, a lawsuit pitting tennis players against the associations that pay them, and which dog breed is becoming much more popular here in the U.S.
Those stories and even more news to know in about 10 minutes!Â
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Join us every Mon-Fri for more daily news roundups!Â
Two astronauts who spent an unexpected nine months in space are now back on Earth.
President Trump and Russian President Putin spoke about the Ukraine war by phone today.
Chief Justice John Roberts issued a rare statement rebuking President Trump for remarks about impeaching a federal judge. CBS News Correspondent Jennifer Keiper with tonight's World News Roundup.
President Trump and President Vladimir Putin of Russia held a lengthy phone call on Tuesday to discuss a possible ceasefire in Ukraine. This is part of Trump's efforts to end the Russia's war in Ukraine and while he didn't get a ceasefire agreement, some progress was made. We hear the latest.
And in Ukraine, people are watching these and other developments with concern, skepticism, and with dark humor.
Measles continues to spread in West Texas and New Mexico. About 300 cases have been reported, since the outbreak began in January - but the actual number is likely higher.
The communities where measles continues to spread people are largely unvaccinated.
At the same time some isolated measles cases have been reported in a dozen other states - largely linked to international travel.
In most of the U.S., vaccination rates are still high enough to stop a major outbreak. But if they continue to fall, we could see long-term consequences of measles in the future.
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