CD188: CORALLO - STEALING SATOSHI'S SATOSHIS
Matt Corallo has been a bitcoin developer for nearly fifteen years. We discuss his views on the recent bitcoin core bug, the proposed us clarity act, and the risks/mitigations of quantum computing.
Corallo on Nostr: https://primal.net/mattcorallo (https://primal.net/mattcorallo) Corallo on X: https://x.com/TheBlueMatt (https://x.com/TheBlueMatt) Save our Wallets: https://SaveOurWallets.org (https://SaveOurWallets.org)
Ten31 Quantum Report: https://www.ten31.xyz/insights/quantum-computing-bitcoin-security (https://www.ten31.xyz/insights/quantum-computing-bitcoin-security)
EPISODE: 188 BLOCK: 932276 PRICE: 1030 sats per dollar
(00:03:37) Bitcoin Core legacy wallet migration bug (00:07:41) Backups, edge cases, and defensive coding culture (00:07:58) Clarity Act and developer protections: SaveOurWallets.org (00:10:19) Self-custody legal clarity (00:13:12) Partisan Bitcoin ownership data (00:14:43) Surveillance and KYC/AML tightening concerns (00:20:43) Quantum threat framing and scope (00:22:10) Seed phrases enable quantum-safe proofs via hashes (00:24:58) What quantum breaks: exposed public keys, Taproot, and address reuse (00:31:21) Design choices hinge on whether insecure spend paths are frozen (00:33:43) Options: backup TapLeaf, new address types, and fee/UX tradeoffs (00:36:14) Opt-in Taproot versioning to signal post-quantum readiness (00:38:07) Adoption reality: wallet support, privacy impacts, and rollout pace (00:39:34) Freeze-or-not debate: social contract, market dynamics, forks (00:43:56) Public vs. secret quantum progress: who gets there first? (00:47:06) Fork economics: supply shocks, Satoshis coins, and market choice (00:55:01) In-system vs. out-of-system theft; why quantum is different (01:10:01) Preparing pragmatically: give future users post-quantum options (01:24:28) Timelines and hype: where quantum computing really stands (01:29:00) Final takeaways: no panic
more info on the show: https://citadeldispatch.com (https://citadeldispatch.com) learn more about me: https://odell.xyz (https://odell.xyz)