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Explore Burn Bitcoin to Protect a Network. Safely CEO Oleg Andreev on Flame at Bitcoin Amsterdam with 151 views, 2 likes, and 0 comments. Experience the impact of this video content that has captured audience attention.

I walked past Oleg Andreev's booth at Bitcoin Amsterdam and stopped, because his sign joined up three things I had only ever seen apart: private payments, programmable transactions and speed, all tied to bitcoin. Oleg is the CEO of Safely, a self-custody bitcoin wallet, and the builder of Flame, a network secured by burning bitcoin. He calls that "a second derivative of proof of work", and in this interview he explains what it would mean for miners, for bitcoin's security budget and for anyone who wants self-custody without the usual compromises. Full story and analysis: https://cryptofocus.nl/bitcoin-amsterdam/oleg-andreev-safely-flame-interview/ In this interview: - Why Flame burns bitcoin: "a second derivative of proof of work" - "There is no foundation, no central point of failure" - How burning bitcoin could add miner fees and help bitcoin's security budget - The shortcuts he refuses: custody for comfort, IT skills for privacy - From web designer to cryptographer: 13 years of bitcoin research - Chain, confidential assets, ZkVM and four years at Tonkeeper - Safely, the booth demo and a mainnet he hopes to ship in January Chapters: 00:00 Live from Bitcoin Amsterdam 01:03 What is Flame? 02:07 Burning bitcoin: a second derivative of proof of work 02:41 No foundation, no privileges for miners or developers 03:02 Security budget, miner fees and scarcity 04:09 Why build the whole stack at once? 05:25 The shortcuts: custody and IT security 06:14 Chain, confidential assets and ZkVM 06:54 Tonkeeper and gasless payments 07:28 Safely, the demo and a January mainnet Oleg Andreev and his projects: Safely, self-custody bitcoin wallet: https://safely.app Flame: https://runflame.org Flame demo: https://demo-mint.runflame.org Oleg Andreev on X: https://x.com/oleganza Recorded at Bitcoin Amsterdam 2026, SugarFactory, Halfweg (Amsterdam). Cryptofocus is a media partner of the event; Immanuel Rodulfo moderated a panel on 5 November and is the MC of the Orange Stage on 6 November. Cryptofocus: Website: https://cryptofocus.nl X: https://x.com/Cryptofocus_NL All Bitcoin Amsterdam 2026 interviews: https://www.youtube.com/playlist?list=PLUX2DH7s_UCI Flame is still in development; the project plans its mainnet for January 2027. Nothing in this video is financial advice. #BitcoinAmsterdam #Bitcoin #BTC #Amsterdam #bitcointreasury #selfcustody #Lightning #crypto #cryptonews #ProofOfBurn #FlameNetwork #SafelyWallet

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