Interview | Description | Timestamps | Show Notes

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Location: Squadcast
Date: Thursday 3rd September
Company: Blockstream, MIT Digital Currency Initiative, Ethereum, PISA Research
Role: Director of Research, Research Scientist, Founder, Co-founder & CEO

In my recent Bitcoin Vs Ethereum show, I was joined by Samson Mow and Vitalik Buterin to discuss the philosophical differences between Bitcoin and Ethereum.

For me, the fundamental differences between the two are quite clear, where Bitcoin is conservative and slow, focusing on sound monetary policy, Ethereum is inflationary, experimental and has, what many consider unachievable goals. 

Following the debate about the philosophical differences I was keen to expand the conversation into the technical differences between the two networks.

In this episode, I am joined by Andrew Poelstra, Tadge Dryja and Vitalik Buterin and Patrick McCorry. With Paddy as co-host, we discuss the fundamental and technical differences between Bitcoin and Ethereum, scalability and use cases.

00:04:35: Introductions
00:06:52: What is Bitcoin trying to achieve?
00:11:52: What is Ethereum trying to achieve?
00:14:16: Introduction to Patrick McCorry
00:17:42: Patrick McCorry hosts
00:20:02: Satoshi Dice
00:43:28: Frankenstein systems and Bitcoin bugs
01:16:12: Scriptless scripts
01:21:23: Bitcoin vaults
01:30:33: Multisig
01:34:12: Ethereum world computer
01:38:10: Scalability
01:41:58: UTREEXO Protocol
01:51:19: SNARKS
01:56:59: What's holding up Schnorr?
02:42:13: Final Comments

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SPONSORS

• Connect with Andrew:

  • On LinkedIn

  • On Github

  • On Crunchbase

• Connect with Tadge:

  • On Twitter

  • On LinkedIn

  • On Medium

  • On CrunchBase

  • On GitHub

  • On Messari

  • At MIT

• Connect with Vitalik:

  • On Twitter

  • On GitHub

  • On LinkedIn

• Connect with Patrick

  • On Twitter

  • On LinkedIn

  • On Medium

  • On GitHub

• Mentioned in the interview: 

  • The Principle of Sound Money

  • Satoshi Dice

  • Silk Road (marketplace) 

  • Transaction Finality (probabilistic/deterministic)

  • MimbleWimble with Andrew Poelstra

  • $99 Gas Fees on Ethereum Are Crippling DeFi's Growth

  • Game Dark Forest

  • Miniscript

  • UTXO

  • Comparing Bitcoin & Ethereum: UTXO vs Account Based Transaction Models 

  • Solidity

  • Timelock 

  • Multisignature

  • Mimblewimble and Scriptless Scripts | Andrew Poelstra (Blockstream) | RWC 2018

  • Scriptless Scripts: How Bitcoin Can Support Smart Contracts... 

  • Understanding The DAO Attack

  • ICO Funds Among Millions Frozen In Parity Wallets

  • DeFi 2020 Exit Scam? SushiSwap Creator Sells 100% Of His Sushi Tokens | Headlines | News 

  • ZK-Rollups

  • What is Optimistic Rollup? Ethereum's Latest Layer 2 Scaling Solution

  • Utreexo | A dynamic accumulator for Bitcoin state — MIT Digital Currency Initiative

  • Schnorr 

  • Elliptic Curve Digital Signature Algorithm 

  • Taproot Is Coming: What It Is, and How It Will Benefit Bitcoin 

  • BLS Multi-Signatures With Public-Key Aggregation 

  • BLS signatures: better than Schnorr | by Stepan | Crypto Advance

• Other relevant WBD podcasts:

  • WBD255: BTC Vs ETH Episode Review with Udi Wertheimer

  • WBD251: Bitcoin Vs Ethereum with Samson Mow & Vitalik Buterin

  • WBD218: Bitcoin Purity with Rodolfo Novak

  • WBD212: Uncensored Bitcoin Narratives with Junseth

  • WBD190: Beginner’s Guide #9: Altcoins, A History of Failure with Nic Carter

  • WBD174: Jimmy Song Killing the Hopes and Dreams of Shitcoin Bagholders

  • WBD173: Tuur Demeester on The Bitcoin Reformation

  • WBD117: Jeremy Welch on Why Bitcoin Changes Everything

  • WBD113: Jimmy Song on The Blockchain Revolution Myth

  • WBD055: Vijay Boyapati's Bullish Case for Bitcoin