6 / 9 Relevant items tagged with #Technical

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Durabit: Incentivizing Torrent Seeding With Bitcoin

[Nov 15, 2023 11:32 AM] BitTorrent has been around for 22 years as of this year. In many ways it is a technology protocol almost as big as Bitcoin in the scope of how it changed the game of moving data around the internet. If Bitcoin is the money for sending money around…

Bitcoin Beyond BIP-300: What Future Holds For ‘DeFi On BTC’

[Nov 8, 2023 11:00 AM] Does Bitcoin need any sidechains for its future? The DeFi community nowadays is split between “yes” and “no” as an answer to this question after the resurgence of a six-year-old proposal. Since the controversy around sidechains involves advanced

Everyone's Thinking About Second Layers Is Backwards

[Nov 8, 2023 9:30 AM] I have written quite a bit about my concerns regarding drivechains and miner incentives over the years, because I think it is a very important set of risks to be aware of. Bitcoin is almost 15 years old as a live network at this point, and it has…

Before They Were Cool: Covenants In Production On Liquid

[Nov 2, 2023 10:00 AM] Ever since the Bitcoin community embarked on discussions surrounding the optimization of covenants, there's been a growing interest in learning more about their tradeoffs and the covenants already deployed on the Liquid Network. In light of this…

Understanding The "Bitcoin L2 Trilemma"

[Nov 1, 2023 10:03 AM] As a venture capitalist, I maintain a "token agnostic" stance. Because we invest at the early stages of a new technology’s development, we invest in equity rather than tokens, only receiving tokens on a pro-rata basis. We firmly believe that for a…

Why Blockchain Surveillance Needs FinCEN’s PATRIOT Act Ploy

[Oct 25, 2023 7:04 AM] FinCEN’s Proposal of Special Measure Regarding Convertible Virtual Currency Mixing, as a Class of Transactions of Primary Money Laundering Concern would criminalize Bitcoin privacy tools under the suspicion of money laundering. The proposal cites…

Postmortem On The Lightning Replacement Cycling Attack

[Oct 24, 2023 10:30 AM] So a lot of noise has been made around the Lightning vulnerability recently disclosed by Antoine Riard. Many people are claiming the sky is falling, that Lightning is fundamentally broken, and nothing could be further from the truth. I think part…

Why Bitcoin Wallets Need Block Filters

[Oct 20, 2023 8:02 AM] With the advent of software development kits like BDK and LDK, building a bitcoin wallet has never been easier. However, as much as easier development is necessary, it's important to build in a way that protects user security and privacy by…

Lightning Labs Rolls Out Taproot Assets Mainnet Alpha

[Oct 18, 2023 10:06 AM] Bitcoin-focused company Lightning Labs has launched the Taproot Assets mainnet alpha daemon.Simply put, Taproot Assets uses Bitcoin's technology to handle, create, and delve into stablecoins and other assets. Think of it as a modern financial tool…

Bitcoin Is Physical: Bits And Bytes Have To Live Somewhere

[Oct 18, 2023 8:30 AM] Sound money is money that is not prone to sudden debasement. The conversation surrounding sound money has reached a critical point, given the present uncertainties in the global financial landscape. The spiraling debt of sovereign nations have…

Timeout Trees: A Solution To Scaling Lightning Network LSPs

[Oct 17, 2023 8:32 AM] One of the biggest inherent limitations to the Lightning Network is the limited number of channels that can be opened or closed per block given the blocksize limit. Regardless of how many transactions can occur off-chain how cheaply, this is a…

Two-Sided Coin Control

[Oct 14, 2023 8:30 AM] This article is featured in Bitcoin Magazine’s “The Withdrawal Issue”. Click here to subscribe now.A PDF pamphlet of this article is available for download. Self custody is an essential requirement when using Bitcoin to fully benefit from all

BitVM: But Can It Run DOOM?

[Oct 12, 2023 2:11 PM] Shinobi’s Strawman is a weekly series where our Technical Editor Shinobi challenges the Bitcoin community, aiming to stir up conversation around heated technical debates.______________________________________________________________So, some…

Satoshi's Sophon: Destroyer of BRC-20s

[Oct 11, 2023 11:30 AM] Somewhere, out there in the depths of the universe, a miracle occurred. A single proton was unfolded into two dimensions. All eleven dimensions of its vast, and currently not understood by humankind, multi-dimensional structure was laid flat and…

Readers Responses To The Cult Of The Covenant

[Oct 6, 2023 8:00 AM] Shinobi’s Strawman is a weekly series where our Technical Editor Shinobi challenges the Bitcoin community, aiming to stir up conversation around heated technical debates._________________________________________________________________Last week I…

Coming Soon: An Easier Way To Bootstrap Your Node's UTXO Set

[Oct 3, 2023 8:30 AM] Yesterday marks coming up to the finishing line after almost four years of work. Assumeutxo was merged into the Bitcoin Core master branch by Andrew Chow yesterday. This is the first major non-consensus update to the Bitcoin reference…

Cynthia Lummis: Bitcoin Is the Anti-CBDC

[Sep 29, 2023 12:20 PM] Do We Need CBDCs? Bitcoin Backstage with Cynthia LummisIn the world of digital currencies, two terms frequently come up for discussion - Central Bank Digital Currencies (CBDCs) and Bitcoin. Both have gained significant attention in recent years…

You'll Activate The Covenants And You'll Like It

[Sep 27, 2023 3:31 PM] Shinobi’s Strawman is a weekly series where our Technical Editor Shinobi challenges the Bitcoin community, aiming to stir up conversation around heated technical debates.______________________________________________________________It's been two…