CoinDesk Podcast Network Blockspace: Iran Taxes Oil Tankers in BTC, Morgan Stanley Launches BTC ETF, the NYT Hunts for Satoshi
Apr 9, 2026
Jay Patel, CEO of Ligos, breaks down private credit stress, insurer exposure, and AI data-center lending risks. Antoine Poinsot of Chaincode Labs demos poison-block attacks and explains the Great Consensus Cleanup proposal. They also discuss Iran’s reported BTC toll for tankers, Morgan Stanley’s new Bitcoin ETF, and the NYT’s push to unmask Satoshi.
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Poison Blocks Create Miner Advantage
- Poison blocks let a miner broadcast blocks that take long to validate, delaying competitors and creating unfair mining advantages.
- Antoine Poinsot demoed slow-validation blocks on Signet to show users how validation time increases stale rates and centralization pressure.
Activate The Great Consensus Cleanup
- Fixing poison-block incentives requires a consensus soft-fork called the Great Consensus Cleanup (BIP54) to address four long-standing consensus bugs.
- Antoine urged users to run the Signet demo and build activation support so Bitcoin users can safely adopt the soft-fork later.
Practical Limits Of Nationstate Bitcoin Use
- Practical frictions make Iran's toll awkward: sanction risks for Western shippers, mempool confirmation delays, and zero-conf unreliability in a high-stakes zone.
- Clemente's tweet imagining ships waiting 45 minutes for confirmations illustrated the latency risk.