CD188: CORALLO - STEALING SATOSHI’S SATOSHIS

Matt Corallo has been a bitcoin developer for nearly fifteen years. We discuss his views on the recent bitcoin core bug, the proposed us clarity act, and the risks/mitigations of quantum computing.

Corallo on Nostr: https://primal.net/mattcorallo
Corallo on X: https://x.com/TheBlueMatt
Save our Wallets: https://SaveOurWallets.org

Ten31 Quantum Report: https://www.ten31.xyz/insights/quantum-computing-bitcoin-security

EPISODE: 188
BLOCK: 932276
PRICE: 1030 sats per dollar

(00:03:37) Bitcoin Core legacy wallet migration bug

(00:07:41) Backups, edge cases, and defensive coding culture

(00:07:58) Clarity Act and developer protections: SaveOurWallets.org

(00:10:19) Self-custody legal clarity

(00:13:12) Partisan Bitcoin ownership data

(00:14:43) Surveillance and KYC/AML tightening concerns

(00:20:43) Quantum threat framing and scope

(00:22:10) Seed phrases enable quantum-safe proofs via hashes

(00:24:58) What quantum breaks: exposed public keys, Taproot, and address reuse

(00:31:21) Design choices hinge on whether insecure spend paths are frozen

(00:33:43) Options: backup TapLeaf, new address types, and fee/UX tradeoffs

(00:36:14) Opt-in Taproot versioning to signal post-quantum readiness

(00:38:07) Adoption reality: wallet support, privacy impacts, and rollout pace

(00:39:34) Freeze-or-not debate: social contract, market dynamics, forks

(00:43:56) Public vs. secret quantum progress: who gets there first?

(00:47:06) Fork economics: supply shocks, Satoshis coins, and market choice

(00:55:01) In-system vs. out-of-system theft; why quantum is different

(01:10:01) Preparing pragmatically: give future users post-quantum options

(01:24:28) Timelines and hype: where quantum computing really stands

(01:29:00) Final takeaways: no panic

more info on the show: https://citadeldispatch.com
learn more about me: https://odell.xyz