Rijndael is the CTO of Taproot Wizards – a group of bitcoiners who want to make Bitcoin magical. In this interview, he talks about why OP_CAT matters and what kind of features we should expect to see in Bitcoin once a covenant soft fork gets activated.
Taproot Wizards and Bitcoin Magic (00:01:53)
Memes as Tools for Bitcoin Advancement (00:03:20)
Discussion on Taproot Wizards' Intentions (00:03:47)
Rijndael's Background and Work (00:06:38)
Discussion on BitKey Hardware Wallet (00:09:12)
Statechains and Drivechains (00:20:06)
Layer Two Labs and Paul Sztorc’s Message (00:26:03)
Taproot Wizards Funding Accusations (00:28:16)
Cryptography and Scaling (00:31:53)
Stark Proofs and Scalability (00:33:06)
Layer Two Solutions (00:36:33)
Bitcoin's Evolution (00:38:51)
Lightning Network (00:42:21)
Is Stacks a Layer Two? (00:47:39)
Future of Liquid and Lightning (00:49:41)
Lightning Network and Liquid (00:50:35)
Ordinals and Flywheel Effect (00:52:13)
Non-Custodial Lending and Trading (00:53:17)
Covenant Proposals and Bitcoin Upgrades (00:57:54)
CAT Opcode and Bitcoin Development (00:59:32)
OP_CAT Activation and Community Perception (01:03:25)
Ocean Mining and Network Control (01:09:25)
Bitcoin Purifier and Transaction Rejection (01:12:55)
Bitcoin Development and Narrative Control (01:15:36)
Casey and Runes (01:16:19)
Simplicity and Protocol Design (01:17:19)
User-Friendly Implementation of Runes (01:20:11)
Use Cases and Challenges of Ordinals (01:22:34)
Great Script Restoration and Controversy (01:24:26)
Ordinal Inscriptions and Scarcity (01:27:21)
Future Projects and Layer Twos (01:30:25)
Taproot Wizards' Presence and Conference Participation (01:36:55)
Addressing Critics of Taproot and SegWit (01:38:04)
Data Embedding in Bitcoin Transactions (01:38:42)
The Cat Chain vs. Dog Chain (01:41:10)
Setting Up a Live Stream (01:43:00)
Following Taproot Wizards on Twitter (01:44:25) I
International Travel and Visa Issues (01:45:07)
“Reagan Dial” (01:46:20)
Final Remarks and Invitation to Follow Taproot Wizards (01:46:48)