The Bitcoin Game #60: Dr. Adam Back Part 2 - Liquid

Welcome to episode 60 of The Bitcoin Game, I'm Rob Mitchell. I'm happy to bring to you part two of my interview with Cypherpunk and CEO of Blockstream, Dr. Adam Back. In this episode, we take a deep dive into Liquid, Blockstream's new federated sidechain. There's a lot more to Liquid than I realized, and it's fascinating to hear tons of details about the protocol. I lead us astray with some of my questions, but Dr. Back never fails to drop tons of crypto-knowledge.

And if you missed the first part of my interview, give episode 59 a listen to hear a great Cypherpunk history lesson.

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EPISODE LINKS

First half of our interview (The Bitcoin Game #59)
https://letstalkbitcoin.com/blog/post/the-bitcoin-game-59-dr-adam-back

Adam Back (Adam3us) on Twitter
https://twitter.com/adam3us

Dr. Back's Info Page
http://www.cypherspace.org/adam

Blockstream
https://blockstream.com

Lightning Network White Paper by Joseph Poon & Thaddeus Dryja
https://lightning.network/lightning-network-paper.pdf

Duplex Micropayment Channels by Christian Decker & Roger Wattenhofer
https://www.tik.ee.ethz.ch/file/716b955c130e6c703fac336ea17b1670/duplex-micropayment-channels.pdf

ETHZ (where Christian Decker earned his Bitcoin PhD)
https://www.ethz.ch/de.html

Rusty Russell
https://en.wikipedia.org/wiki/Rusty_Russell

C-Lightning
https://github.com/ElementsProject/lightning

Liquid
https://blockstream.com/liquid

Liquid Assets
https://blockstream.com/2018/07/02/liquid-issued-assets

Confidential Transactions
https://bitcoinmagazine.com/articles/confidential-transactions-how-hiding-transaction-amounts-increases-bitcoin-privacy-1464892525

ERC-20
https://en.wikipedia.org/wiki/ERC-20

Counterparty
https://counterparty.io/docs/faq-xcp

UTXO
https://en.wikipedia.org/wiki/Unspent_transaction_output

Bulletproofs
https://crypto.stanford.edu/bulletproofs https://eprint.iacr.org/2017/1066.pdf

Tether
https://en.wikipedia.org/wiki/Tether_(cryptocurrency)

Proof of Burn
https://www.coinbureau.com/education/proof-of-burn-explained

Public Key vs. Public Address
https://www.reddit.com/r/Bitcoin/comments/3filud/whats_the_difference_between_public_key_and

Lamport Signatures
https://en.wikipedia.org/wiki/Lamport_signature

The Byzantine Generals Problem
https://people.eecs.berkeley.edu/~luca/cs174/byzantine.pdf

Schnorr Signatures
https://en.wikipedia.org/wiki/Schnorr_signature

ECDSA
https://en.wikipedia.org/wiki/Elliptic_Curve_Digital_Signature_Algorithm

Denial-of-Service Attack
https://en.wikipedia.org/wiki/Denial-of-service_attack

Tor
https://www.torproject.org

Liquid Block Explorer
https://blockstream.com/2018/08/02/accelerating-liquid-adoption-liquid-block-explorer

NBitcoin by Nicolas Dorier
https://www.codeproject.com/Articles/768412/NBitcoin-The-most-complete-Bitcoin-port-Part-Crypt

Green Address Wallet
https://greenaddress.it

KYC Compliance
https://en.wikipedia.org/wiki/Know_your_customer

Paul Sztorc talks about Sidechains, Drivechain, Liquid
https://letstalkbitcoin.com/blog/post/lets-talk-bitcoin-377-sidechains-drivechains-and-the-apple-store

RootStock
https://en.wikipedia.org/wiki/RootStock

Spark Lightning Wallet by Nadav Ivgi
https://bitcoinmagazine.com/articles/spark-new-gui-lightning-wallet-bitcoin-now-available-download

Lightning Splice-In, Splice Out (and more)
https://medium.com/@pierre_rochard/day-2-of-the-chaincode-labs-lightning-residency-669aecab5f16

SPV Wallet
https://en.bitcoinwiki.org/wiki/Simplified_Payment_Verification

Neutrino Lite Bitcoin Client
https://github.com/lightninglabs/neutrino/blob/master/README.md

Lightning Watchtower
https://www.coindesk.com/laolu-building-watchtower-fight-bitcoin-lightning-fraud/

ABCore by Lawrence Nahum (BTC full node on Android)
https://play.google.com/store/apps/details?id=com.greenaddress.abcore

Hardware Wallet
https://en.bitcoin.it/wiki/Hardware_wallet

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As Seen On
The Guardian • TechCrunch • Engadget • Ars Technica • Popular Mechanics
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Bitcoin Keychains - BKeychain.com

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CREDITS

All music in this episode of The Bitcoin Game was created by Rob Mitchell.

The Bitcoin Game box art was created from an illustration by Rock Barcellos.

Bitcoin (Segwit) tipping address:
3AYvXZseExRn3Dum8z9tFUk9jtQK6KMU4g

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