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btc_insider_edition
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updates and interviews from the frontier of bitcoin development. Follow our events oriented account at npub1dwah6u025f2yy9dgwlsndntlfy85vf0t2eze5rdg2mxg99k4mucqxz7c52 Join us at the frontier https://btcpp.dev
In this week’s update by @tuma we feature the new set of releases of Stratum V2, bringing security hardening, support for Bitcoin Core v32, and experimental Telegram notifications to the mining ecosystem. We also cover several new BIPs being merged. In particular, the three BIPs for Cross-Input Signature Aggregation (CISA) — BIP458, BIP459, and BIP460 — have been merged. Finally, we also discuss several news from the Bitcoin ecosystem. Notably, we cover a bug in LNbits that could lead to a loss of funds and the latest updates to the Great Script Restoration (GSR) proposal. View article →
In this week’s update by @tuma, we feature Nut November, the month-long hackathon of the Cashu (@Cashu) ecosystem coming back for the second edition. We also cover several news from the Bitcoin ecosystem. A new BTCPay Server (@npub155m2...dcvg) vulnerability has been discovered, Fedimint is experimenting with the Ark protocol through Bark, Librería de Satoshi is rebranding to ISMOS (@ISMOS), and the updated security policy in Bitcoin Core. View article →
From the largest technical education organization focused on teaching Bitcoin to Spanish-speaking individuals, Librería de Satoshi is evolving into ISMOS (@ISMOS) a global, full developer pipeline that aims to bootstrap careers in the freedom tech and open-source as ecosystem. View quoted note →
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btc_insider__ 2 weeks ago
In this week’s update by @tuma, we feature the current work to add support for splicing and dual-funding to taproot channels in the BOLTs specifications. We also cover several news from the Bitcoin ecosystem. Fabian Jahr is teaming with Payjoin to integrate that protocol with Cross-Input Signature Aggregation (CISA), Core developer l0rinc is working to remove AssumeUTXO , Wavelength is now available on Mainnet, and more. View article →
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btc_insider__ 3 weeks ago
In this week’s update by @tuma,we feature current effort to add support for recurring payments with BOLT12 in LDK. We also cover the announcement of two new offchain protocols on Bitcoin, namely Zark by Lx DEV, a statechain with a blinded co-signer and zero-knowledge proofs, and LayerTree by Lightning Labs, a non-custodial scaling solution which allows multiple users to share a Bitcoin UTXO. View article →
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btc_insider__ 1 month ago
In this week’s update by @tuma, we feature the latest news from Marmot (@marmot) — with the team working on bringing multi-device to the protocol — and the implementation of efficient animated QR codes in Cashu (@Cashu). We also cover the effort by Robin Linus to make taproot annexes standard in Bitcoin Core, an attack to Second that resulted in 0.75 bitcoin stolen, and the latest patch release for Core-lightning. View article →
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btc_insider__ 1 month ago
In this week update by @tuma we feature the most interesting things happened during Bitcoin++ Payment Edition in Berlin. During the three-days conference, developers met to discuss how to make Bitcoin payments better for everyone. We also cover some interesting news from the Bitcoin ecosystem. Notably, we discuss Peter Todd joining MARA Foundation, an interesting deep dive by Vinteum, and Blink Wallet’s post-mortem on the recent attack to their users. View article →
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btc_insider__ 3 months ago
In this week update by @tuma, we feature two specification improvements to the Lightning Network, with the merging of BOLT12 payer proofs, and @Cashu, with the possibility to mint and melt ecash tokens through custom payment methods. We also cover the recent COLDCARD incident. Due to a bug in the entropy generation firmware, users saw their funds drained from their wallets. We finally discuss the new BIP460 for Cross-Input Signature Aggregation (CISA), the Indian government against India, and some other interesting news. View article →
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btc_insider__ 3 months ago
In this week update form @tuma, we feature the most interesting things happened during Bitcoin++ Consensus Edition in Toronto (@btcplusplus), where devs met to discuss new consensus proposals and what are the best way forward for Bitcoin. We also cover some other interesting news from the Bitcoin ecosystem. Notably, a PR was opened in Bitcoin Core to bring BIP54 (Consensus Cleanup) into the protocol, Lightning Labs launched a third Ark implementation, and silent payments being integrated in libsecp256k1. View article →
Yesterday I spent the day at the Arkade Activation Day in the beautiful city of Lugano, one of the most important Bitcoin hubs in Europe, where ArkLabs CEO Marco Argentieri officially launched ArkadeOS on Mainnet. The event featured several announcements from companies integrating Arkade inside their products, such as Boltz with their Ark swaps and LendaSat with non-custodial, Bitcoin-backed loans, panels with some of the most important names in the space, and discussions about Bitcoin capital markets. We all know the limitations of the modern financial system. It is a trust-based environment, centralized with slow settlement and limited innovation. Bitcoin is creating a new paradigm, but the base-layer alone cannot provide the infrastructure for the system of tomorrow. The financial stack of tomorrow will have to achieve instant finality, it must be permissionless and self-custodial, programmable by design, and, of course, Bitcoin-native. This is what ArkLabs is trying to build. Arkade, ArkLabs’ implementation of Ark, will not just be a protocol for payments, but it aims to be the foundation of the financial system of the future, with a whole new ecosystem of applications built on top of it. Ark is a programmable execution layer for Bitcoin, which allow off-chain virtual execution. Since it is based on the same UTXO concept, namely Virtual UTXOs (VTXOs), everything that can be done on Bitcoin can be done on Ark, but with the advantage to decouple from space and time constraints of the base layer. According to Marco Argentieri, these characteristics make it the best possible layer for building the financial infrastructure of tomorrow. However, he was not the only Ark bull in the room. Francis Pouliot, from Bull Bitcoin, Roy Sheinfeld, from Breeze, and Gareth Gobler, from LayerZ Wallet, all agreed that Ark is the best solution for improving the user experience of Bitcoin payments without sacrificing self-custody. Its most important characteristic is unilateral exit, which makes it a better choice with respect to other solutions, such as Liquid. Bitcoin is the best possible saving technology, but there is the need for more financial services that could leverage those savings. There are Trillions in productive Bitcoin capital ready to be deployed, but the financial infrastructure is not ready. There is the need for more financial apps for different use cases, such as lending and trading. Companies such as Lendasat and Hodl Hodl are working actively to integrate Arkade in their applications. To prepare for this, ArkLabs’ team is also working on extending virtualization to other asset types, allowing to create Arkade Assets. This would allow to bring Stablecoins to Bitcoin and use them in these financial apps. Arkade comes with 3 different SDKs, for Rust ,Go and TypeScript for building apps, an enterprise-level wallet, Fulmine, and a mobile wallet, provided as a Progressive Web App (PWA). Integration with BTCPayServer, Lendasat and Boltz are already available. Moreover, a MetaMask snap is available to bring Bitcoin, Lightning and Arkade to the broader crypto ecosystem. After the proof of concept at BHB in August, Arkade is now launching on mainnet. ArkLab’s CEO demoed a payment from their brand new PWA wallet to Coinos, which was confirmed in a blink of an eye. - @tuma - Rust SDK: Go SDK: TypeScript SDk: Arkade mobile wallet: Boltz integration: https://ark.boltz.exchange/ Metamask snap:
Aaaaaand that's a wrap on this 3-day Lightning conference! Thanks for following me in this journey!
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