S15 E34: Charlie Lee on Privacy & MWEB (Mimble Wimble Extension Block)

MWEB was activated on Litecoin's main net in 2022, providing a useful mix of privacy and scalability. It's a fascinating soft fork that's 100% compatible with Bitcoin. In this episode, Charlie Lee explains how MWEB works & why it matters. Time stamps: Introduction to the Episode (00:00:35)
 Bet with Roger Ver (00:01:19)
 Lightning Network Adoption (00:02:49)
 Expectations for Lightning Network (00:04:10)
 Lightning as a Privacy Solution (00:05:11)
 Second Layer Solutions Discussion (00:06:23)
 Block Size and Decentralization (00:08:16)
 Trade-offs in Scaling Solutions (00:10:06)
 Introduction to MWEB (00:11:51)
 Technical Specifications of MWEB (00:14:45)
 Financial Privacy as a Human Right (00:16:46)
 Controversy Surrounding Samurai Wallet (00:18:18)
 Mixing and Privacy in MWEB (00:19:52)
 Confidential Transactions in MWEB (00:20:34)
 Confidential Transactions Explained (00:21:32)
 Mimblewimble's Cut-Through Feature (00:22:55)
 CoinJoin and Privacy (00:24:07)
 Pegging Out from MWEB (00:25:09)
 Exchanges and Privacy Tools (00:28:33) Grin++ Integration with MWEB (00:30:42)
 Fungibility and MWEB (00:32:58)
 Ordinal Theory and MWEB (00:35:14) CoinJoin Implementation Challenges (00:36:40)
 MWEB's Similarities to Grin (00:38:20)
 MWEB's Compatibility with Bitcoin (00:39:38)
 Litecoin's Divergence from Bitcoin (00:40:43)
 Litecoin's Role in Bitcoin Scaling (00:42:05)
 Activation of SegWit and its Impact (00:42:16)
 Public Support for Litecoin (00:43:35)
 Sidechains & Trade-offs (00:44:56) Interest in Drivechains (00:47:47)
 Litecoin's Longevity and Usability (00:49:56)
 Physical Bitcoin Collectibles (00:51:50)
 Self-Custody Solutions (00:55:52)
 Concerns Over Complexity in Custody (00:54:04)
 Future Plans for MWEB (00:58:28) Risks in Privacy Implementations (01:00:00) Future of Litecoin Beyond MWEB (01:01:57)
 Inflation Bug Disclosure (01:03:23)
 Developer Collaboration (01:04:17)
 Open Source Benefits (01:06:08)
 Craig Wright Controversy (01:06:58)
 ETFs and Demand (01:09:25)
 Ethereum's ETF Challenges (01:10:32)
 Staking and ETFs (01:11:20)
 Satoshi Identity Debate (01:12:27)
 Magical Crypto Friends Comeback? (01:13:12)
 Innovation Beyond Bitcoin (01:14:32)
 Multi-Chain Future (01:18:20)