On today’s show, we are joined by Paul Sztorc and Austin Alexander of Layer 2 Labs, a new Bitcoin company that raised $3 million to bring sidechains to the Bitcoin network.

https://layer2labs.com/

https://twitter.com/LayerTwoLabs

Paul Sztorci: https://twitter.com/Truthcoin

Will Foxley: https://twitter.com/wsfoxley

SPONSOR

https://foundryacademy.com

Enhance your ASIC education with hands-on courses offered by Foundry. Led by industry-veteran instructors, Foundry’s Mining Technician academy programs cover a range of topics - from identifying issues and troubleshooting common hardware failures, to coursework exploring bitcoin’s global impact.

TIMESTAMPS:

00:00 Start

01:10 Intro

01:44 Who is Paul?

02:50 Who is Austin?

04:33 ETH & Zcash on drivechains

07:10 What is merge mining?

10:08 The history of sidechains

20:49 Liquid vs sidechains

26:18 Cultural pushback against drivechains

32:53 Other scaling ideas

36:45 The BIP process

42:16 Wrap up

MINE

Start mining your own bitcoins with Compass. https://bit.ly/3CehBf1

WATCH

https://youtube.com/c/CompassMining?sub_confirmation=1

LISTEN

Apple Podcasts https://apple.co/3fNfrdi

Spotify https://spoti.fi/3tSf9G1

Amazon https://amzn.to/3557cqg

Anchor https://bit.ly/3rmb7UF

Fountain https://bit.ly/3NeNTec

RSS https://bit.ly/3chpULV

LEARN

Every week, Compass sends a memo to professional miners and investors with the most important news and data in cryptocurrency mining. Get the free newsletter in your inbox too: https://bit.ly/3vOGzxD

FOLLOW

Twitter: https://twitter.com/compass_mining

LinkedIn: https://www.linkedin.com/company/compassmining

On today’s show, we are joined by Paul Sztorc and Austin Alexander of Layer 2 Labs, a new Bitcoin company that raised $3 million to bring sidechains to the Bitcoin network.


https://layer2labs.com/


https://twitter.com/LayerTwoLabs


Paul Sztorci: https://twitter.com/Truthcoin


Will Foxley: https://twitter.com/wsfoxley




SPONSOR


https://foundryacademy.com


Enhance your ASIC education with hands-on courses offered by Foundry. Led by industry-veteran instructors, Foundry’s Mining Technician academy programs cover a range of topics - from identifying issues and troubleshooting common hardware failures, to coursework exploring bitcoin’s global impact.




TIMESTAMPS:


00:00 Start


01:10 Intro


01:44 Who is Paul?


02:50 Who is Austin?


04:33 ETH & Zcash on drivechains


07:10 What is merge mining?


10:08 The history of sidechains


20:49 Liquid vs sidechains


26:18 Cultural pushback against drivechains


32:53 Other scaling ideas


36:45 The BIP process


42:16 Wrap up




MINE


Start mining your own bitcoins with Compass. https://bit.ly/3CehBf1




WATCH


https://youtube.com/c/CompassMining?sub_confirmation=1




LISTEN


Apple Podcasts https://apple.co/3fNfrdi


Spotify https://spoti.fi/3tSf9G1


Amazon https://amzn.to/3557cqg


Anchor https://bit.ly/3rmb7UF


Fountain https://bit.ly/3NeNTec


RSS https://bit.ly/3chpULV




LEARN


Every week, Compass sends a memo to professional miners and investors with the most important news and data in cryptocurrency mining. Get the free newsletter in your inbox too: https://bit.ly/3vOGzxD




FOLLOW


Twitter: https://twitter.com/compass_mining


LinkedIn: https://www.linkedin.com/company/compassmining

Twitter Mentions