True North Now — Bitcoin Core, OP_RETURN & Knots Explained | Featuring Rob Hamilton (Anchorwatch)
🧭 True North Now episode 1: Bitcoin Core, OP_RETURN, Knots, mining pools & forks explained! Rob Hamilton of AnchorWatch breaks down Bitcoin transactions, node ops, and network resilience. Essential insights for Bitcoin holders & treasury companies.
🎙️ Episode 1 Guests: Rob Hamilton, Co-Founder and CEO of AnchorWatch. AnchorWatch develops solutions that make it easier and safer to own and hold bitcoin, including insurance and custody tools.
⏱️ Timestamps & Insights:
- 00:00:00 – Intro: Rob’s roots at AnchorWatch, Bitcoin Core, OP_RETURN, Knots & why it matters
- 00:04:10 – BTC transactions: How inputs, outputs & verification work
- 00:09:29 – BTC use case: Risks of storing non-transactional data in blocks
- 00:12:48 – Transaction broadcasting: Mining pool dynamics & private txs
- 00:16:38 – Data inclusion: Node considerations & running your own node
- 00:20:10 – Bitcoin resilience: Can the network handle “graffiti” & threats?
- 00:23:44 – Forks explained: User choices & what happens at a fork
- 00:25:19 – Spam debate: Balancing permissionless network vs network health
- 00:29:16 – Miner incentives: How miners act & influence via economic interests
- 00:32:19 – Bitcoin implementations: Core vs Knots vs BTCD & consensus risks
- 00:38:00 – Segwit & Taproot: Unintended consequences & ordinal creation
- 00:41:23 – BTC Core governance: Role of maintainers & community influence
- 00:46:12 – Freedom vs health: Balancing individual actions with network goals
- 00:49:15 – Where debates happen: Mailing list vs GitHub vs social platforms
- 00:51:56 – Treasury companies: Node running, custody advice & recommendations
- 00:57:04 – OP_RETURN & Segwit: Least harmful ways to add data on-chain
- 01:00:34 – Closing thoughts: Self-reflection, learning & community engagement
Disclaimer: The content in this video is for informational and educational purposes only and should not be considered financial advice. We are not financial advisors, and you should consult with a qualified professional before making any financial decisions. All investments involve risks, and you are responsible for your own decisions.