SLP292 Andrew Chow Output Script Descriptors for Bitcoin

<p>Andrew Chow, Bitcoin Core contributor and creator of the PSBT standard rejoins me on the show to talk about the creation of a series of BIPs (Bitcoin Improvement Proposals) for Output Script Descriptors. We break down and explore the key concepts to make it accessible for bitcoiners.</p> <ul> <li>Seeds</li> <li>BIP39 vs Electrum seeds vs aezeed</li> <li>Derivation paths</li> <li>How Output Script Descriptors improve things</li> <li>New functionality</li> <li>Backups and recovery</li> <li>Lightning</li> <li>Miniscript</li> <li>Advanced scripting</li> </ul> <p><strong>Links:</strong></p> <ul> <li>Twitter: <a href="https://twitter.com/achow101">@achow101</a></li> <li>Output Script Descriptors BIP: <a href="https://github.com/bitcoin/bips/pull/1143">[New BIPs] Output Script Descriptors - GitHub</a></li> <li>Taproot PSBT BIP: <a href="https://github.com/bitcoin/bips/pull/1139">[New BIP] Taproot Fields for PSBT - GitHub</a></li> <li><a href="https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2021-June/019151.html">Mailing list post</a></li> </ul> <p><strong>Sponsors:</strong></p> <ul> <li><a href="http://swanbitcoin.com/private" rel="noreferrer noopener" target="_blank">Swan Bitcoin</a></li> <li><a href="http://lend.hodlhodl.com/" rel="noreferrer noopener" target="_blank">Hodl Hodl Lend</a></li> <li><a href="http://compassmining.io/" rel="noreferrer noopener" target="_blank">Compass Mining</a></li> <li><a href="https://unchained-capital.com/the-vault-concierge-onboarding-package/" rel="noreferrer noopener" target="_blank">Unchained Capital</a> (code LIVERA)</li> <li><a href="https://cyphersafe.io/" rel="noreferrer noopener" target="_blank">CypherSafe</a> (code LIVERA)</li> <li><a href="http://coinkite.com/" rel="noreferrer noopener" target="_blank">CoinKite.com</a> (code LIVERA)</li> </ul> <p><strong>Stephan Livera links:</strong></p> <ul> <li><a href="https://stephanlivera.com/" rel="noreferrer noopener" target="_blank">Show notes and website</a></li> <li><a href="https: