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Bitcoin Takeover Podcast· Staffel 16· Folge 44

S16 E44: Abdel on ZK STARKs & Bitcoin Maximalism

Mittwoch, 17. September 2025 · 3 h 19

MP3

Shownotes

Abdel is a Starkware engineer who, over the last 7 years, went from building EIP 1559 on Ethereum to becoming a Bitcoin maximalist who wants ZK STARKs to happen. In this episode, we talk about his journey & some of Bitcoin's cultural issues.

Time stamps:

- Sponsors: Sideshift, Citrea, Bitcoin.com News, LayerTwo Labs, NoOnes.com
- Abdel's unique journey: From Ethereum core dev at ConsenSys to Bitcoin maximalism
- Early Bitcoin curiosity (2011-2012) vs Ethereum's "world computer" appeal
- Fintech background: Working for banks before fighting them
- Always a Bitcoin + Ethereum maxi: Building unstoppable systems
- North Star vs "Nostr": Unstoppable vs compromised systems
- Fintech to DeFi? Payments focus, not advanced trading
- First Ethereum contributions: Smart contracts
- Deep dive: Championing EIP-1559 (fee burn, ultrasound money)
- EIP-1559's governance risks: Changing monetary policy on the fly
- Ethereum's slippery slopes: DAO hard fork to fee burns
- Ethereum as anti-Bitcoin experiment: From colored coins to rollups
- Ethereum Classic hopes; market follows narratives, not fixed supply
- EIP-1559 process: 2+ years of debate vs Bitcoin's immutability
- Boiling frog with Vitalik: Accumulating compromises (trusted setups)
- Ethereum precedents: Premine, PoS migration, rushed upgrades
- Social layer strength: Protects core principles vs nation-states
- Non-tech users in governance: Better than dev-only control
- Educating the social layer: Privacy warnings in Bitcoin tools
- Risks: Bitcoin (tech obsolescence) vs Ethereum (social dilution)
- Bitcoin meetups: Ideology & tech vs Ethereum's builder focus
- Shocking anti-Bitcoin sentiment from Ethereum side
- PoW beauty: External entropy, fair distribution (not Ponzi)
- PoW vs PoS: Tolerating Ethereum's PoS for decentralization
- Bitcoin's privacy crisis: Needs scale + affordability
- Sponsor: Layer2 Labs (Drivechains for sidechains like Zcash fork)
- Sponsor: Citrea (ZK rollup on Bitcoin via BitVM2)
- Citrea drama: Unfair criticism amid filter wars
- Citrea vs Alpen: First-to-market wins (garbled circuits delay)
- Video game analogy: Duke Nukem Forever vs pragmatic launches
- Lesson from Ethereum: Optimistic rollups dominate despite ZK superiority
- Dev events vs mainstream: Bridging tech narratives to plebs
- Fragmentation in Bitcoin community, why plebs dismiss innovation
- Off-topic: Immigration in Europe (Romania/France parallels, economic pressures)
- Bitcoin as catalyst: Inflation from crises drives adoption
- Decentralization as development sign: Small-scale consensus
- New chains start centralized; trust incentives lacking in L2s
- Starkware as bridge to Bitcoin: Pre-existing interest
- Elevator pitch: STARK proofs for Bitcoin (open-source, battle-tested)
- Endgame: Verify STARKs on Bitcoin for programmability + privacy
- Meme magic: One STARK proof is smaller in size than a photo, costs less than a Big Mac, can be verified in a blink
- STARKs vs SNARKs: No trusted setup, quantum-secure, hash-based
- Experiments: Cashu with STARKs (private programmable e-cash)
- Nostr DVMS: Verifiable AI/services in permissionless marketplace
- Cashu origin story: Bar chat with Calle to Jack Dorsey endorsement
- Cashu honesty: Not scaling, but privacy bridge vs custodians
- Nihilism in Bitcoin: Mental gymnastics vs Ethereum's build-first ethos
- Permission culture: Asking nodes for ZK proofs/Lightning channels
- Event split: Dev confs (BTC++) vs narrative fests (BTC Prague)
- Why invest without understanding? Newbie wave acceleration
- Niche value: In-between content bridges extremes
- Who listens matters: Robin Linus' DM is more important than mass views
- Still early days: 16 years in, aim for 1B daily users
- Special word: "Grinta" (grit mindset) for full listeners
- Outro: Thanks & next: Shai on PoW improvements

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