S17 E19: Deadalnix (Amaury Séchet) on Forking Bitcoin & Ecash

Amaury Séchet is the developer who forked Bitcoin in August 2017 to create Bitcoin Cash. Three years later, in the aftermath of an internal conflict about developer funding mechanisms, he also forked Bitcoin Cash to create Ecash (XEC): the evolution of the Bitcoin ABC client which adds the Avalanche protocol for a combination between the battle-tested Proof of Work security and the instant Proof of Stake finality.

In this episode, we talk about the evolution of the Bitcoin protocol and why hard forks matter.

Time stamps:

00:01:19 Introducing Amaury Séchet

00:03:06 Bitcoin Cash vs. eCash Price & Market Dynamics

00:05:05 Nihilism & Casino Culture in Crypto

00:06:55 Bitcoin Technical Debates: Covenants, Spam, Quantum Resistance

00:09:36 Quantum Computing Threats to Bitcoin

00:13:09 Satoshi’s Coins & Quantum Attacks

00:17:52 Changing Bitcoin’s Core Tenets & Confiscation Proposals

00:22:19 Consensus, Politics, and Forking

00:25:00 Quantum Resistance in eCash & BCH

00:27:16 Hard Forking vs. Scaling for Quantum Threats

00:30:06 Satoshi’s Wealth Across Forks (BTC, BCH, BSV, XEC)

00:32:13 AI, Protein Folding, and Future Tech

00:33:22 Cake Wallet, SideShift, and wallet integration for BCH + XEC

00:36:11 Banks, Bitcoin Standard, and Economic Liquidity

00:37:45 Scaling, Fractional Reserve, and Economic History

00:41:24 Thoughts on Drivechain & Blockchain Extensibility

00:46:49 eCash Technical Differences: Avalanche Consensus

00:52:06 eCash Mining, 51% Attacks, and Security

00:54:17 Bitcoin Scaling Wars: XT, Unlimited, Classic

01:00:10 Fiat, Proof of Work, and Labor Theory of Value

01:02:36 Giveaway Segment & Sponsors

01:09:20 Satoshi’s Block Size Views & Moore’s Law

01:21:14 Small Blockers, Radio Waves, and Node Requirements

01:27:02 Electrum, Fulcrum, and Wallet Infrastructure

01:33:14 Bitcoin Forks Timeline & Technical Upgrades

01:41:06 BCH vs. BTC: SegWit, Schnorr, and Malleability

01:46:08 BCH Forks: SV, Block Size, and Governance

02:04:35 Blacklist, Confiscation, and BSV’s Direction

02:09:15 Gigabyte Blocks & Scaling Challenges

02:42:13 Avalanche Consensus & eCash Upgrades

02:47:57 Cash Tokens, EVM, and Layer 2s

02:54:12 Cash Fusion & Privacy Compared to Monero & Zcash

03:02:32 Future Privacy Improvements & Payment Protocols

03:07:46 Monero, Zcash, and Privacy Scalability

03:25:55 Proof of Stake, Mining Rewards, and eCash Economics

03:27:59 Amaury’s Role, Leadership, and Project Direction

03:39:53 Big Blocker Movement: Sabotage & Self-Sabotage

04:18:07 Bitcoin’s Future, BCH, and eCash Predictions

04:21:56 Which Altcoins Will Survive?

04:24:28 New Scaling Projects & Instant Payments (Quai, Kaspa)

04:31:17 Closing Remarks & How to Follow Amaury and eCash