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.

Seeds
BIP39 vs Electrum seeds vs aezeed
Derivation paths
How Output Script Descriptors improve things
New functionality
Backups and recovery
Lightning
Miniscript
Advanced scripting

Links:

Twitter: @achow101
Output Script Descriptors BIP: [New BIPs] Output Script Descriptors - GitHub
Taproot PSBT BIP: [New BIP] Taproot Fields for PSBT - GitHub
Mailing list post

Sponsors:

Swan Bitcoin
Hodl Hodl Lend
Compass Mining
Unchained Capital (code LIVERA)
CypherSafe (code LIVERA)
CoinKite.com (code LIVERA)

Stephan Livera links:

SLP292 Andrew Chow Output Script Descriptors for Bitcoin

Stephan Livera Podcast