Chris Stewart is the founder of Suredbits, a company focused on building financial applications and markets directly on the Bitcoin protocol.
Chris and I spoke about Bitcoin’s smart contract limitations today, the ways in which DLCs could enable new applications for Bitcoin, how DLCs, CFDs, and Oracles work, and the future applications of Bitcoin smart contracts that Chris is excited about.
→ Suredbits: https://suredbits.com/
The Lightning Round is sponsored by Voltage, where you can ask me questions over the Lightning Network.
→ Voltage: https://voltage.cloud?utm_source=kevinrooke&utm_medium=Youtube&utm_campaign=1mo
→ Use code KEVINROOKE to get 50% off your first month's Lightning node
At the end of every show I answer any questions listeners send in over the Lightning Network.
To ask a question, send a message, or to support the show, download Fountain from the iOS or Google Play App Store and load your wallet with a few sats.
→ Fountain: https://www.fountain.fm/
→ Listen to More Episodes: https://play.fountain.fm/show/P6XXuSPg6f2rj4ECB0fT
→ Follow Kevin Rooke on Twitter: https://twitter.com/kerooke
00:00 - Intro
02:15 - Chris Stewart Intro
06:30 - Smart Contract Development on Bitcoin
12:45 - How To Create Censorship Resistant Markets on Bitcoin
14:56 - What Are Oracles?
23:27 - Financial & Reputation Incentives for Oracles
32:30 - What Are DLCs?
41:01 - Use Cases For DLCs
45:57 - Sports Betting & Bitcoin
49:14 - What are Schnorr Signatures?
53:57 - The Importance of Backwards Compatibility on Bitcoin
55:27 - Future Use Cases For Smart Contracts on Bitcoin
1:01:21 - Contracts For Difference
01:07:04 - Contract-Based Stablecoins and Hedging Bitcoin’s Volatility
01:16:33 - Interesting Bitcoin Innovations
01:21:12 - The Lightning Round