BR029 - SegWit, Taproot, Schnoor, Inscriptions & Witness Discount ft. Andrew Poelstra & Adam Gibson

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: [email protected]


• Nostr & LN:⚡[email protected] (not an email!)

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