The recent ColliderScript research paper is a game changer: it enables Bitcoin covenants at a high cost, but without requiring any soft fork. It's the most remarkable breakthrough since BitVM and co-author Avihu M. Levy is here to explain how it works!
Time stamps:
Introduction (00:00:45)
Avihu M. Levy's Background in Bitcoin (00:02:25)
Covenants in Bitcoin (00:03:43)
Impact of Taproot Upgrade (00:06:07)
Research Renaissance in Bitcoin (00:08:42)
Debate on Taproot's Impact (00:09:18)
ColliderScript Paper Overview (00:12:21)
Covenants and Script Limitations (00:14:09)
Bridging Script Worlds (00:16:11)
Importance of Covenants (00:17:34)
Covenants and Scaling (00:22:23)
Community Sentiment on Covenants (00:23:45)
Research and Development for Covenants (00:25:07)
Concerns About Covenants (00:25:48)
Predicting the Impact of Taproot (00:26:26)
Funding for Covenant Research (00:28:42)
ColliderScript Overview (00:29:44)
Background on ColliderScript Development (00:30:30)
Future Improvements for Collider Script (00:33:21)
Motivation Behind Collider Script (00:36:18)
Community Demand for Simplified Solutions (00:39:07)
Starkware's Goals and Community Perception (00:40:27)
Avihu's Bitcoin Journey (00:40:33)
Technological Readiness (00:41:43)
Bitcoin vs Ethereum (00:42:01)
Importance of STARKs (00:42:45)
Closing Remarks (00:43:27)