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Bitcoin Explained - The Technical Side of Bitcoin

Aug 12, 2022

In this episode of Bitcoin, Explained, hosts Aaron van Wirdum and Sjors Provoost go back to basics. They explain one of the most fundamental building blocks in all of Bitcoin: hash functions.

To start the episode off, Aaron and Sjors explain that hash functions are a type of mathematical one-way functions. That means...


Jul 15, 2022

In this episode of Bitcoin, Explained, hosts Aaron van Wirdum and Sjors Provoost discuss OP_RETURN and what some have called the “OP_RETURN wars”. More specifically, they discuss a blog post by BitMEX research titled: “The OP_Return Wars of 2014 – Dapps Vs Bitcoin Transactions”.

Aaron and Sjors start off...


Jul 1, 2022

In this episode of Bitcoin, Explained, hosts Aaron van Wirdum and Sjors Provoost discuss reusing Bitcoin addresses. More specifically, they explain why reusing Bitcoin addresses is a bad idea.

Reusing Bitcoin addresses is a bad idea for roughly three reasons. The first two of these are that it harms privacy and impedes...


Jun 20, 2022

In this episode of Bitcoin, Explained, hosts Aaron van Wirdum and Sjors Provoost discuss a recent blog post by James Lopp titled, “Has Bitcoin Ever Hard Forked”?
 
Hard forks are generally defined as Bitcoin protocol upgrades that remove or loosen rules, making these types of upgrades backwards-incompatible. Aaron...


Jun 10, 2022

In this episode of Bitcoin, Explained, hosts Aaron van Wirdum and Sjors Provoost welcome Ruben Somsen back on the show to talk about a recent proposal of his called “Silent Payments”.
 
Silent Payments resemble earlier ideas like Stealth Addresses and Reusable Payment Codes, in that they allow users to publish a...