v3 Transactions and Package Relay with glozow SLP511

Glozow rejoins me to talk about updates coming to Bitcoin’s transactions and mempool policy. We talk about how these will be essential to keep bitcoin use efficient and safe, especially for layer 2 protocols such as Lightning. We chat:

• Current state with transacting
• RBF and CPFP
• Problems right now
• L2 security
• Pinning vectors
• What is package relay?
• What is v3 transactions?
• What are ephemeral anchors?
• Policy vs consensus

Glozow links:

• Glozow on X
• Waiting for confirmation - blog series on Bitcoin Optech
• v3 and Package RBF Bitcoin Core Review club
• Bitcoin Optech v3 transaction relay
• Glozow slides for BTC++ talk: v3 and ephemeral anchors

Prior episodes:

• SLP404 Gloria Zhao – What Do Bitcoin Core Maintainers Do?
• SLP216 Gloria Zhao Learning Bitcoin Core Contribution & Hosting PR Review Club

Sponsors:

• Pacific Bitcoin Festival (code LIVERA)
• CoinKite.com (code LIVERA)
• Mempool.space

Stephan Livera:

• Follow me on Twitter @stephanlivera
• Subscribe to the podcast