13.0 Bitcoin Sorcery || Ruben Somsen
Wasabi Wallet
Ruben Somsen examines federated sidechains—custodial systems using multisig to issue Bitcoin IOUs—then compares them to Lightning Network's trustless off-chain channels. He presents spacechains, a novel design where Bitcoin is irreversibly burned to create perpetually-inferior tokens via blind merged mining (fees to Bitcoin miners fund consensus). The thesis: one-way pegs prevent altcoin-style spe

https://relay.towardsliberty.com/2cf23b47345a1757710afcbb3013a445766dbb294a3b71e7bc6e7d82921335ba.mp4