
Show Notes
***"Today can you also use Coinbase to sell your coin? Yes. But can you guarantee that if Coinbase disappears, your funds will be with you? No. Because, it is, at the end of the day, their custody. Whereas in statechains, a really cool perspective is, if the server or the custodian, disappears, because of the design of the system, money comes back at you on L1. You can broadcast an exit or you can do nothing and the money comes back to you. So if something bad happens to us or to [the] server, then still [the] money is yours. And I think this is a really cool property, basically being able to exit even though things become fucked up."
~ Talip***
Some of us are realizing that the era of AI means we need to break our own tools before attackers do. And after the recent Coldcard catastrophe, that reality is staring us right in the face. We can't just trust things because they worked yesterday. But how do we actually stay ahead of malicious actors and automated bots poking holes at every open-source repo on the internet?
I sat down with Talip to figure exactly that out. He is a former engineer at Citrea and is now doing some incredibly cool privacy research at LX.dev. We get straight into the trenches of AI-driven red teaming and how LLMs are exposing critical vulnerabilities in the software we use every single day.
But we don't just talk about security. Talip gives an insider's perspective on the BIP 110 spam war, the wild conspiracy theories about Citrea, and why Bitcoin might desperately need a bit more cypherpunk anarchy.
Chapters
(00:00:00) - Introduction
(00:06:43) - Talip and Bitcoin
(00:12:05) - The Cypherpunk Aspect
(00:16:37) - Citrea, Spam & OP_RETURN
(00:25:34) - BIP 110 and Network Forks
(00:41:01) - Handling Bitcoin Spam
(00:57:20) - LX Research: Privacy and Statechains
(01:04:42) - CBDCs and Stablecoins
(01:12:21) - Current Red Teaming Efforts
(01:26:53) - AI Doomerism and Open Models
Guest Links
Talip on X (Link: https://twitter.com/otaliptus)
lxdev on X (Link: https://twitter.com/lxdev\_)
lxdev's Website (Link: https://lx.dev/)
Affiliate Links
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***"The dollar is going to continue to lose purchasing power. Bitcoin is going to continue to gain purchasing power. It's going to keep on happening over the rest of the century. We will at some point have enough people that have most of their wealth in bitcoin that they don't have anything else to spend and they will start to spend their bitcoin. And when they start to encounter more people like them on the other side of the transaction, they will no longer convert to some other currency on the merchant side for that transaction."