Bitcoin Adoption Is Going Mainstream | Max Guise
from What Bitcoin Did
Max Guise from Block joins the show to break down one of the biggest leaps forward for Bitcoin self-custody: BitKey’s new privacy upgrade, why it matters, and how it removes one of the last major trade-offs between safety and privacy. We get into how BitKey’s new chaincode-delegation system prevents Block from seeing balances or transactions, and why this BIP unlocks a new era for private, user-friendly multisig. We also get into Square switching on Bitcoin payments across the US and why that’s a much bigger deal than most people realise - removing the friction of onboarding merchants and making Bitcoin everyday money. As well as the structural risk of mining centralisation, how relying on a handful of foreign ASIC manufacturers threatens Bitcoin’s long-term resilience, and how Proto’s approach is designed to spread hashpower, strengthen the network, and give miners real optionality for the first time in years. THANKS TO OUR SPONSORS: IREN RIVER ANCHORWATCH BLOCKWARE LEDN BITKEY FOLLOW: Danny Knowles: https://x.com/\_DannyKnowles or https://primal.net/danny Max Guise: https://x.com/max_guise
Embed this episode
Chapters
- 0:00 Bitcoin: The Native Currency of the Internet
- 1:14 Introducing Max, Leading BitKey and Proto
- 4:10 Square Terminals Now Accept Bitcoin Payments
- 12:51 Square Expanding Bitcoin Payments Globally
- 13:15 BitKey's Origins and Goals
- 18:50 BitKey's Privacy Upgrade with Chain Code Delegation
- 22:33 Schnorr Signatures and Server Verifiability
- 33:17 The Future of BitKey
- 43:16 Introducing Proto, Building Tools for Bitcoin Miners
- 50:45 Configuring Proto Rig and the Upgradability Features
No transcript yet.