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Why Rollups Could Be Important For Bitcoin Miners | Joh Light | The Mining Pod
Episode 136

Why Rollups Could Be Important For Bitcoin Miners | Joh Light | The Mining Pod

<p>Today we are joined by John Light to discuss how the novel introduction Validity Proofs to Bitcoin could increase mining fee revenues. We also get into the costs for full nodes and if there’s a silver bullet scaling solution.</p> <p><a href="https://hrf.org/zkrollups"><u>https://hrf.org/zkrollups</u></a></p> <p>John Light: <a href="https://twitter.com/lightcoin"><u>https://twitter.com/lightcoin</u></a></p> <p>Will Foxley: <a href="https://twitter.com/wsfoxley"><u>https://twitter.com/wsfoxley</u></a></p> <p><strong>TIMESTAMPS:</strong></p> <p>00:00 Start</p> <p>00:27 Intro</p> <p>01:08 Human Rights Foundation Grant</p> <p>03:41 What's the problem?</p> <p>06:29 Validity proofs</p> <p>11:40 Architecture needed to work</p> <p>14:07 Scaling vs Tx throughput</p> <p>17:04 What's this mean for miners?</p> <p>22:23 Higher throughput & cheaper fees?</p> <p>28:12 Burden for full nodes</p> <p>38:44 Full node storage costs</p> <p>45:12 Other solutions</p> <p>52:52 Promoting new optionality</p> <p><strong>MINE</strong></p> <p>Start mining your own bitcoins with Compass. <a href="https://bit.ly/3CehBf1"><u>https://bit.ly/3CehBf1</u></a></p> <p><strong>WATCH</strong> <a href="https://youtube.com/c/CompassMining?sub_confirmation=1"><u>https://youtube.com/c/CompassMining?sub_confirmation=1</u></a></p> <p><strong>LISTEN</strong></p> <p>Apple Podcasts <a href="https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbkRxX0MwTUdPY290VEQzN0J2ME1KbDVSRG1rQXxBQ3Jtc0tsME5TQmZfSHJnMG0xWC1iYXFNZ3ZYRGpTTDNfSUtCVFhoSklibDFtMGU3RmV6Z2k5MVM5MlpUMWxzdVgtOHJ4d0ZpbXVrUnMxTXVkN0xSeHdXZWE2aGh5WEpLUkx4dndBaUZtclVhMXZZcHY1My0zbw&q=https%3A%2F%2Fapple.co%2F3fNfrdi"><u>https://apple.co/3fNfrdi</u></a></p> <p>Spotify <a href="https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbE5renJPTkpwVC1IMzBoaWg4c3BWdzhnR0J6d3xBQ3Jtc0trTUJROW1aZDRMOEpiNFpOYmZyUEZxTWxFSHRWaXd3REtGWXZDMkhhbkY0cDk0UVNtZlptMkR1ajBlWDljQV9obWxub3NtdmhDcDNwV1dkcDFkVUloZHdRYVdiTm9Fel90bWdoSU4yUzZEczNLakFCQQ&q=https%3A%2F%2Fspoti.fi%2F3tSf9G1"><u>https://spoti.fi/3tSf9G1</u></a></p> <p>Amazon <a href="https://amzn.to/3557cqg"><u>https://amzn.to/3557cqg</u></a></p> <p>Anchor <a href="https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqa25WckRfQzBqcTJpWWRHRTFiUF9IM0hVbW9Bd3xBQ3Jtc0trdEdoZmFQbXlXajB3c0ZLNGMtUjFSVWloWFBraHoyMFlpVHVFckljbFZRRmQzSTlIRm9VUkFVUTNzS2xhblhvS1E0YnNPLVIxeUl4a3F2aHRQNnV6M0lUZmJVakZGbTI4SUUyc0haUG0xY0JLcmFqRQ&q=https%3A%2F%2Fbit.ly%2F3rmb7UF"><u>https://bit.ly/3rmb7UF</u></a></p> <p>Fountain <a href="https://bit.ly/3NeNTec"><u>https://bit.ly/3NeNTec</u></a></p> <p>RSS <a href="https://bit.ly/3chpULV"><u>https://bit.ly/3chpULV</u></a></p> <p><strong>LEARN</strong></p> <p>Every week, Compass sends a memo to over 18,000 professional miners and investors with the most important news and data in cryptocurrency mining. Get the free newsletter in your inbox too: <a href="https://bit.ly/3vOGzxD"><u>https://bit.ly/3vOGzxD</u></a></p> <p><strong>FOLLOW</strong></p> <p>Twitter: <a href="https://twitter.com/compass_mining"><u>https://twitter.com/compass_mining</u></a></p> <p>LinkedIn: <a href="https://www.linkedin.com/company/compassmining"><u>https://www.linkedin.com/company/compassmining</u></a></p>

The Mining Pod | Blockspace Media · Blockspace Media

January 19, 202358m 6s

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Show Notes

Today we are joined by John Light to discuss how the novel introduction Validity Proofs to Bitcoin could increase mining fee revenues. We also get into the costs for full nodes and if there’s a silver bullet scaling solution.

https://hrf.org/zkrollups

John Light: https://twitter.com/lightcoin

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

TIMESTAMPS:

00:00 Start

00:27 Intro

01:08 Human Rights Foundation Grant

03:41 What's the problem?

06:29 Validity proofs

11:40 Architecture needed to work

14:07 Scaling vs Tx throughput

17:04 What's this mean for miners?

22:23 Higher throughput & cheaper fees?

28:12 Burden for full nodes

38:44 Full node storage costs

45:12 Other solutions

52:52 Promoting new optionality

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 over 18,000 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

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