[Dec 16 6:46 PM] Jeremy Rubin released a proposal two weeks ago titled Un’FE’d Covenants (FE = Functional Encryption). Given the ongoing debate over covenant proposals for Bitcoin the last year or two, his proposal marks a new practical option. All covenant…
[Dec 11 5:22 PM] If you’ve bought bitcoin, chances are that you want to self-custody. Without self-custody, you don’t really have bitcoin, so why wouldn’t you? Using a hardware device to set up an offline bitcoin wallet is generally recommended. But backing up your
[Dec 9 6:00 PM] GingerWallet, the fork of WasabiWallet maintained by former zkSNACKs employees after the shut down of the Wasabi coinjoin coordinator, has received a vulnerability report from developer drkgry. This vulnerability would allow the total…
[Dec 6 7:12 PM] Early in our thinking about the interaction between bitcoin and energy it became obvious to me that the value of bitcoin was fundamentally underpinned by the amount of energy that went into producing the bitcoin. As with any free market system, the…
[Dec 4 8:01 PM] A small, but significant development in Bitcoin’s much-debated decentralized consensus process is taking place, with some developers moving to publicly gauge sentiment of warring soft fork proposals that would augment the software rule set. Follow…
[Nov 25 5:11 PM] IntroductionThe security of Bitcoin, and other blockchains, such as Liquid, hinges on the use of digital signatures algorithms such as ECDSA and Schnorr signatures. A C library called libsecp256k1, named after the elliptic curve that the library…
[Nov 21 5:43 PM] BitVM earlier this year came under fire due to the large liquidity requirements necessary in order for a rollup (or other system operator) to process withdrawals for the two way peg mechanisms being built using the BitVM design. Galaxy, an investor…
[Nov 14 6:00 PM] While the last year or two have seen a number of proposals for covenant-proposing extensions to Bitcoin, there has always been a suspicion among experts that covenants may be possible without any extensions. Evidence for this has come in two forms…
[Oct 31 3:50 PM] A press release circulating yesterday proved yet again that there’s nothing the mainstream media loves more than some crazy nut claiming to have created Bitcoin. Follow Rizzo on…
[Oct 23 12:00 PM] IntroductionBitcoin development today focuses on two major issues: (1) scaling and (2) privacy. The usual proposals to Bitcoin involve adding new opcodes and scripting tools. But an old idea is coming back, one that could make transactions more…
[Oct 22 4:00 PM] The Lightning Network is a revolutionary scaling solution for Bitcoin, enabling fast and inexpensive payments that make everyday transactions with Bitcoin possible. As the network grows, it’s essential to measure its health and efficiency…
[Oct 2 2:42 PM] WHERE WE'RE SHOPPING: SLNTIf you’re like me (and you’ve been stacking Bitcoin relentlessly), you’ve probably looked for ways to improve your privacy. I’ll admit, it’s a bit of a battle for me. As someone who had a public presence from writing
[Oct 1 11:15 AM] WHO WE’RE FOLLOWING: Wicked BitcoinIt’s 2024 and there’s a new mystery surfacing around Bitcoin’s creator Satoshi Nakamoto. In this case, discussion of a new enigma first surfaced on X, where everyone’s favorite ch-artist Wicked Bitcoin posted t
[Sep 30 5:28 PM] Follow Aaron on Nostr or X. It’s difficult to find a more fundamental threat to Bitcoin’s continued existence than mining centralization. If —say— there are only a few mining pools, there is a very real possibility that these organizations face…
[Sep 23 5:53 PM] Since its inception in 2009, Bitcoin has undergone several forks, or splits, that have given rise to new cryptocurrencies and variations of the original protocol. As of May 2024, there are over 100 Bitcoin forks in existence, with varying degrees…
[Sep 19 4:01 PM] As we celebrate the 10th anniversary of the first hardware wallet, it's remarkable to see how far Bitcoin security has come. From the early days of precarious self-custody methods to the game-changing creation of the Trezor Model One, this…
[Sep 18 7:58 PM] Fractal Bitcoin is a recently launched project that bills itself as “the only native scaling solution completely and instantly compatible with Bitcoin. In essence it is a merge mined system portraying itself as a second layer sidechain for Bitcoin…
[Sep 17 1:37 PM] Stablecoins have so far dominated the crypto payment market, but some Bitcoin developers believe there's a proposal out there that could offer a legitimate alternative. Seven years ago, Dorier, a long-time developer, set out to democratize bitcoin…
[Sep 12 1:00 PM] Bitcoin mining has seen exponential growth since the first ASIC miner was shipped in 2013, improving hardware efficiency from 1,200 J/TH to just 15 J/TH. While these advancements were driven by better chip technology, we're now reaching the limits…
[Sep 11 6:40 PM] Bitcoin, the original cryptocurrency, has come a long way from its informal past. From an experimental digital currency that occupied cypherpunk niches on the internet, it has grown to a trillion-dollar market cap asset valued at over $66,900 per…
[Sep 11 1:00 PM] Jeff Garzik, a veteran Linux contributor and early open-source developer who contributed to the Bitcoin project from 2010 to 2017, has released a series of new videos detailing his time working with Bitcoin’s anonymous inventor Satoshi Nakamoto…
[Sep 9 4:13 PM] Rollups have become the narrative focus of scaling Bitcoin lately, becoming the first thing to truly “steal the limelight” from the Lightning Network in terms of wider mindshare. Rollups aim to be an off-chain layer two that is not bound or…
[Sep 5 4:17 PM] Security strategies within the Bitcoin network are in a constant state of progression, and in this exploration, we will assess how these strategies have evolved from simple digital wallets to complex multi-signature mechanisms. This includes an…
[Sep 4 8:11 PM] This article is featured in Bitcoin Magazine's "The Privacy Issue". Subscribe to receive your copy.Privacy is a fundamental issue in using a public blockchain system like Bitcoin. Numerous projects and proposals have been made over the years to…
[Sep 4 2:08 PM] As we enter a new era of development on Bitcoin, it has become very hard for most people to understand the nuances of the L2 debate, and ever harder to follow some of the technical jargon associated with it. Sidechains, rollups, sequencer…
[Aug 29 3:38 PM] The third edition of NostrWorld's unconference series took place last week in the picturesque city of Riga, Latvia, bringing together advocates and developers of the Nostr protocol. Spearheaded by Block CEO and Twitter co-founder Jack Dorsey…
[Aug 29 1:51 PM] Life embodies evolution, change, adaptation, and the willingness to thrive. Throughout history, we have experienced numerous changes that have forced society to evolve, adapt, and grow. From the inception of trading to the COVID-19 pandemic and…
[Aug 28 4:08 PM] Bitcoin, the world’s first and leading cryptocurrency, has proven its mettle in its roughly fifteen years of existence. From 2011 to 2021, it was the world's best-performing asset class in eight of the last eleven years. At the end of 2023, it…
[Aug 21 1:00 PM] Bitcoin technology is impressive for just how many fundamental problems with money it solves. One advantage of bitcoin that is often touted is that it provides for final settlement of transactions. Final settlement means that, once a transaction is…
[Aug 16 4:16 PM] The Lava Loans protocol (v2) is a scheme designed by Lava building upon Discreet Log Contracts (DLCs) to facilitate a trustless Bitcoin collateralized loan system. The huge implosion in the market last cycle caused by centralized platforms…
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