BITCOIN SEASON 2: Bitcoin Isn’t Changing And That’s A Bad Thing

Bitcoin developer James O’Beirne joins us to talk about the current state of Bitcoin development, the controversial CTV (OP_CheckTemplateVerify) soft fork proposal, and why he organized a letter signed by 66+ prominent Bitcoin developers requesting Bitcoin Core focus on protocol upgrades. We dive deep into Bitcoin's development culture, the post-SegWit era challenges, and the growing concern about Bitcoin's ossification.

Subscribe to the newsletter! https://newsletter.blockspacemedia.com

**Notes:**

• 66 developers signed CTV support letter

• 96% of Bitcoin value uses non-taproot outputs

• 19% of global hashrate supports CTV proposal

• 5+ years of CTV development and testing

• 5 Bitcoin bounty offered for CTV bugs found

• 16.5 years since Bitcoin's initial release

Timestamps:

00:00 Start

01:55 Jame's work

08:33 History of BTC development

12:37 Culture & the block size war

16:34 Code change process

24:29 The CTV letter origin

33:53 Reception of the letter

38:33 Why is there resistance?

40:53 Alternative proposal

48:20 Upgrade Hooks

50:36 Future outlooks for changes

54:49 Reasons for optimism

👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech!

Enjoy the show? Check out our website and newsletter by clicking here.

Questions or want to sponsor? [email protected]