
Hosted by Stephan Livera · EN

Steven Roose (CEO of Second) rejoins me to explain Bark going live on Bitcoin’s main net. Timestamps:(00:00) - Bark mainnet launched on June 9th(02:01) - Bark and Lightning onboarding(03:30) - Ark compared to Lightning — replacement or teammate?(04:15) - User experience with Bark(05:54) - Developer experience with Bark SDK(08:04) - Barkd for merchants and services(08:56) - Dev tooling and VTXO Inspector(10:40) - What's the current status of adoption and what's coming next?Fees? (13:25) - Tx type overviewLinks:https://second.tech/https://x.com/stevenroose3 https://x.com/secondhqStephan Livera links:Follow me on X: @stephanliveraSubscribe to the podcastSubscribe to Substack

In this episode, NG Zhang, founder and CEO of Canaan Inc., shares his journey in Bitcoin mining technology, from early ASIC development to modern innovations like heat reuse and energy integration. We talk about the evolution of mining hardware, industry trends, and future prospects.Timestamps:(00:00) – Intro and Early Days of Bitcoin Mining(03:40) – From FPGA to ASIC Technology(06:22) – The Avalon A16 Series(09:07) – Reliability and Durability of Mining Machines(12:15) – Failure Rates and Useful Life(14:40) - Primary Market and Secondary Market for Mining(16:40) – Small Scale vs. Large Scale Mining(22:00) - What % is home mining today?(23:00) - Heat Recovery(29:00) - Different methods of cooling in Bitcoin Mining(31:40) - Mining machine form factor(32:40) - Stratum V2 Support?(37:35) - Market Dynamics: Public vs. Private Miners(39:50) – Energy Grid Integration and Bitcoin Mining(44:25) - Efficiency gains are slowing down in bitcoin miningLinks: https://www.canaan.io/Stephan Livera links:Follow me on X: @stephanliveraSubscribe to the podcastSubscribe to Substack

In this episode, I caught up with Will Cole from Zaprite, Alex Bragin (Jan3), Nathan Day from BTCMap, Philipp (Satora), and Skot 9000 (BitAxe/SHA256) while at BTC Prague 2026.Timestamp:(00:00) – Interview with Skot9000 of (SHA256)(09:01) – Interview with Alex Bragin of JAN3 (20:35) – Interview with Will Cole of Zaprite(28:45) – Interview with Philipp of Satora.io(39:33) – Chris Seedor of Seedor.io(46:23) – Nathan Day of BTCMapLinks: Philipp: https://x.com/bonomatChris: https://x.com/coinjoined Will Cole: https://x.com/willcoleAlex: https://x.com/BraginRightsSkot9000: https://x.com/skot9000Nathan Day: https://x.com/nathan_dayJAN3: https://x.com/JAN3com BTCMap: https://x.com/BTCMapSatora: https://x.com/satora_ioZaprite: https://x.com/ZapriteAppSHA256: https://x.com/sha256Seedor: https://x.com/seedor_ioStephan Livera links:Follow me on X: @stephanliveraSubscribe to the podcastSubscribe to Substack

In this episode, industry experts discuss the latest developments in Bitcoin treasury strategies, Lightning Network innovations, and market outlooks amid macroeconomic uncertainties. Gain insights into hardware wallets, stablecoins, and the future of Bitcoin adoption.Timestamp:(00:00) – Interview with Freddie New from BHODL(08:47) - Interview with Nick Farrow from Frost Snap(21:27) - Interview with Tony Klausing from Stable Channels(26:41) - Interview with André Dragosch from Bitwise(39:35) - Interview with Sam Callahan from Oranje BTCLinks: https://x.com/freddienewhttps://x.com/UTXOClubhttps://x.com/tonklaushttps://x.com/Andre_Dragoschhttps://x.com/SamCallahStephan Livera links:Follow me on X: @stephanliveraSubscribe to the podcastSubscribe to Substack

In this episode, Chris Ritter joins me to discuss Lightning Network economics, yield opportunities, network centralization, and the rapid growth of Lightning payments. We explore who captures value in the Lightning Network, security considerations for routing nodes, and what recent data reveals about the future of Bitcoin payments.Timestamp:(00:00) – Introduction to Lightning Economics(04:23) – Understanding Bitcoin Treasury Strategies(09:08) – The Evolution of Lightning Network Routing(14:45) – Growth and Volume in the Lightning Network(19:57) – Centralization Trends in the Lightning Network(25:08) – Security Considerations in Lightning Routing(29:18) – Yield Generation in Lightning Network(35:05) – The Future of Payments and AI in Lightning(41:34) - Closing ThoughtsLinks: https://zeusln.com/https://freecritter.xyz/https://x.com/ZeusLNhttps://primal.net/freecritterReport: https://zeusln.com/Lightning_Economics_Report_April_2026.pdf Stephan Livera links:Follow me on X: @stephanliveraSubscribe to the podcastSubscribe

In this episode, PakoVM joins me as we discuss the security challenges facing Bitcoin users, from scams and self-custody risks to the trade-offs of convenience versus sovereignty. The conversation explores emerging Bitcoin protocols such as Ark and Spark, the role of Linux and open-source hardware, advancements in wallet design, privacy, inheritance planning, and whether stablecoins and Bitcoin-native financial infrastructure can accelerate global adoption.Timestamp:(00:00) – Introduction (05:24) – Navigating Scams in the Bitcoin Space(10:16) – The Rise of Linux and Desktop Alternatives(15:18) – Bitcoin Technology: Lightning, Ark, and Beyond(30:27) – Bridging Traditional Finance and Bitcoin(35:10) – Bitcoin as a Medium of Exchange vs. Store of Value(39:22) – Stablecoins and Their Role in Bitcoin Ecosystem(41:50) – Wallets and User Experience in Bitcoin Transactions(44:23) – Community Perspectives: Bitcoin Only vs. Multi-coin(46:14) – Global Perspectives on Bitcoin Adoption(50:17) – Future of Bitcoin Technology and User Adoption(01:02:18) – Privacy Solutions and User Experience in Bitcoin(01:08:21) – Closing thoughtsLinks:https://x.com/PakoVMhttps://blog.bitbox.swiss/en/transferring-bitcoin-without-actually-moving-it-explaining-how-statechains-work/https://pakovm.substack.com/p/ark-and-the-train-analogy-a-guide Stephan Livera links:Follow me on X: @stephanliveraSubscribe to the podcastSubscribe to Substack

In this episode, Stephan sits down with Arbedout to explore one of the most debated technical topics in Bitcoin today: covenants, vaults, and the future of Bitcoin custody infrastructure.They discuss why many people may be misunderstanding where the real demand for covenants comes from, and how covenant-related features could improve Bitcoin self-custody through vaults, spending limits, recovery mechanisms, and more secure long-term storage setups.The conversation also explores Bitcoin adoption, conviction, long-term store of value dynamics, and the psychological challenges of holding Bitcoin through volatility.Timestamp:(00:00) – The privacy problem with co-signing today(03:25) – What does Sigbash allow us to do?(08:15) – What is Oblivious Signing? (12:20) – Privacy, Regulation, and Reducing Multisig Honeypot Risks(15:10) - What does Sigbash use look like in practice? Inheritance, Vaults, and Multisig(19:50) - Can the server grief the user?(21:10) – Mobile Wallets, Assisted Self-Custody, and NeoBank Possibilities(25:50) - Sigbash project and product(28:29) – Sigbash vs PIPES vs BinoHash Explained(33:01) – Covenant Demand, Bitcoin Security, and the Future of Self-Custody(36:33) – Closing ThoughtsLinks: https://sigbash.com/https://x.com/arbedoutStephan Livera links:Follow me on X: @stephanliveraSubscribe to the podcastSubscribe to Substack

In this episode, Sanjay Mavinkurve and Chase Palmieri join me to discuss Sovana, a groundbreaking product that allows property owners to leverage their real estate equity to gain Bitcoin exposure without traditional debt. They explore the product's mechanics, target audience, market timing, and future potential, providing insights into how real estate and Bitcoin markets intersect.Timestamps:(00:00) - Introduction(02:50) - The Problem with Home Equity and Bitcoin(06:38) - How Sovana Works(11:10) - What if Bitcoin is down in 5 years?(14:55) - Is this only for people who are already HODLers?(17:25) - Why TradFi can’t ignore Bitcoin anymore(19:17) - Would a 10 year period be possible in future?(26:35) - Comparing Sovana to Traditional Financing(29:05) - What about Capital Gains taxes?(32:55) - Real Estate vs. Bitcoin Performance(39:37) - Bridging the Gap: Conviction and Capital(47:55) - Closing ThoughtsLinks: https://x.com/SovanaHQhttps://x.com/sgmavinkurvehttps://x.com/chasepalmierihttps://www.sovana.io/Stephan Livera links:Follow me on X: @stephanliveraSubscribe to the podcastSubscribe to Substack

In this episode, we explore the latest in Bitcoin security with NVK, including the new MK5 device, firmware updates, and the impact of AI and quantum computing on crypto security. We discuss practical tools, philosophical debates on self-custody, and future tech trends.Timestamps:(00:00) - Intro (00:21) - What’s new with @COLDCARDwallet?(04:05) - Miniscript support in Coldcard(09:48) - Thoughts on Bitkey(17:49) - @bisq_network protocol exploit(23:17) - Debunking the quantum FUD(29:51) - nvk on AI & LLMs(37:54) - llm-wiki(45:38) - Practical guides for using AI agents(52:03) - Closing thoughts Links: https://x.com/nvk https://bitcoinquantum.space https://learntoprompt.org/ https://llm-wiki.net/ Stephan Livera links:Follow me on X: @stephanliveraSubscribe to the podcastSubscribe to Substack

In this episode, Pavlenex joins Stephan to discuss the strategic importance of funding open source in the Bitcoin ecosystem. They explore how open source support benefits companies, the stages of open source project development, and recent updates on Stratum V2 and BTCPay Server.Timestamps:(00:00) - Intro(01:09) - Open source is not philanthropy(05:07) - Reaction to MARA Foundation’s initiative(06:40) - Stages of open source projects(11:51) - The necessity of economic incentives(16:42) - AI's impact on open source contributions(19:48) - “Upstream decisions, downstream impact”(24:33) - Open source as a complement to R&D(28:46) - Navigating corporate funding & control(31:14) - Identifying & supporting the right projects(35:56) - Directed grants vs Open grants(39:55) - The importance of supporting open source(42:41) - Updates on Stratum V2(47:02) - Updates on BTCPay Server(48:47) - What is the Samrock protocol for BTCPay?Links: https://x.com/pavlenex https://x.com/pavlenex/status/2049122238033531339 Stephan Livera links:Follow me on X: @stephanliveraSubscribe to the podcastSubscribe to Substack