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Bitcoin Optech
_@bitcoinops.org
npub1hkuk...432p
We provide weekly newsletters, workshops, case studies, and research for the #Bitcoin community.
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Bitcoin Optech 2 months ago
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Bitcoin Optech 2 months ago
Bitcoin Optech newsletter #382 is here: - provides an update on compact block reconstruction discussions - relays a call to activate BIP3 - summarizes popular Q&A from Stack Exchange - Optech Newsletter #382 Podcast 0xB10C posted an update to Delving Bitcoin about his statistics around compact block reconstruction... Murch posted to the Bitcoin-Dev mailing list a formal motion to activate BIP3... Selected Q&A from Bitcoin Stack Exchange: - Do pruned nodes store witness inscriptions? - Increasing probability of block hash collisions when difficulty is too high - What is the purpose of the initial 0x04 byte in all extended public and private keys? Bitcoin Optech will host an audio recap discussion of this newsletter on Riverside.fm Tuesday at 17:30 UTC. Join us to discuss or ask questions!
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Bitcoin Optech 2 months ago
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Bitcoin Optech 2 months ago
Bitcoin Optech newsletter #381 is here: - looks at an analysis of how block propagation times may affect miner revenue - describes a new approach for resolving protocols where multiple parties share funds - summarizes changes to services/client software - Optech Newsletter #381 Podcast Antoine Poinsot posted to Delving Bitcoin about modeling stale block rates and how block propagation time affects a miner’s revenue as a function of its hashrate... ZmnSCPxj posted to Delving Bitcoin about private key handover, an optimization that protocols can implement when funds, previously owned by two parties, need to be refunded to a single entity... Changes to services and client software: - Arkade launches - Mempool monitoring mobile application - Web-based policy and miniscript IDE - Phoenix Wallet adds taproot channels - Nunchuk 2.0 launches - LN gossip traffic analysis tool announced Bitcoin Optech will host an audio recap discussion of this newsletter on Riverside.fm Tuesday at 16:30 UTC. Join us to discuss or ask questions!
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Bitcoin Optech 2 months ago
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Bitcoin Optech 3 months ago
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Bitcoin Optech 3 months ago
Bitcoin Optech newsletter #379 is here: - shares an analysis comparing the historical performance of the OpenSSL and libsecp256k1 libraries - highlights multiple discussions about restricting data - summarizes a proposed post-quantum signature aggregation opcode - summarizes an idea for STARK proof verification in Bitcoin Script - updates progress on BIP54's consensus cleanup - Optech Newsletter #379 Podcast Sebastian Falbesoner posted to Delving about comparing the performance of ECDSA signature validation between OpenSSL and libsecp256k1 over the last decade... Multiple conversations examined ideas to change the limits of various fields in consensus... Tadge Dryja posted to the Bitcoin-Dev mailing list a proposal for an OP_CHECKINPUTVERIFY (OP_CIV) opcode that enables a locking script to commit to a specific UTXO being spent in the same transaction... Abdelhamid Bakhta posted to Delving Bitcoin a detailed proposal for a new tapscript opcode OP_STARK_VERIFY which would enable the verification of a specific variant of STARK proof in Bitcoin Script... Antoine Poinsot posted to the Bitcoin-Dev mailing list an update on his consensus cleanup work on BIP54... Bitcoin Optech will host an audio recap discussion of this newsletter on Riverside.fm Tuesday at 16:30 UTC. Join us to discuss or ask questions!
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Bitcoin Optech 3 months ago
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Bitcoin Optech 3 months ago
Bitcoin Optech newsletter #378 is here: - announces four vulnerabilities affecting older versions of the Bitcoin Core full node - summarizes popular Q&A from Stack Exchange - Optech Newsletter #378 Podcast Antoine Poinsot recently posted to the Bitcoin-Dev mailing list four Bitcoin Core security advisories for low-severity vulnerabilities that were fixed in Bitcoin Core 30.0... Selected Q&A from Bitcoin Stack Exchange: - Why was -datacarriersize redefined in 2022, and why was the 2023 proposal to expand it not merged? - What is the smallest valid transaction that can be included in a block? - Why does Bitcoin Core continue to give witness data a discount even when it is used for inscriptions? - The ever-growing Bitcoin blockchain size? - I read that OP_TEMPLATEHASH is a variant of OP_CTV. How do they differ? Bitcoin Optech will host an audio recap discussion of this newsletter on Riverside.fm Tuesday at 16:30 UTC. Join us to discuss or ask questions!
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Bitcoin Optech 3 months ago
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Bitcoin Optech 3 months ago
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Bitcoin Optech 3 months ago
Sindura Saraswathi, ZmnSCPxj and Eugene Siegel joined Optech to discuss Newsletter #375: - Optimal Threshold Signatures - Flattening certain nested threshold signatures - Theoretical limitations on embedding data in the UTXO set - The ‘Compact block harness’ Bitcoin Core PR Review Club - And more You can listen on our website: Fountain: Spotify:
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Bitcoin Optech 3 months ago
Bitcoin Optech newsletter #376 is here: - shares an update on the proposal for nodes to share their current block template - summarizes a paper outlining a covenant-less vault construction - Bitcoin Core 30.0 release - Optech Newsletter #376 Podcast Discussion continued around the proposal for full node peers to occasionally send each other their current template for the next block using compact block relay encoding... Francesco Madonna posted to Delving Bitcoin about a concept which is a covenant-less vault model using taproot, OP_CHECKSEQUENCEVERIFY, and OP_CHECKLOCKTIMEVERIFY... Bitcoin Core 30.0 is the latest version release of the network’s predominant full node. Its release notes describe several significant improvements... Bitcoin Optech will host an audio recap discussion of this newsletter on Riverside.fm Tuesday at 16:30 UTC. Join us to discuss or ask questions!
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Bitcoin Optech 4 months ago
Bitcoin Optech newsletter #375 is here: - describes research into tradeoffs between usability and security in threshold signatures - summarizes an approach to convert nested threshold signatures into a single-layer signing group - examines the extent to which data could be embedded in the UTXO set under a restrictive set of rules - recaps the "Compact block harness" PR Review Meeting - Optech Newsletter #375 Podcast Sindura Saraswathi posted research, co-authored by her and Korok Ray, to Delving Bitcoin about determining the optimal threshold for a multisignature scheme... ZmnSCPxj posted to Delving Bitcoin to describe how to avoid using nested schnorr signatures in some cases that have not been proven safe... Adam “Waxwing” Gibson started a discussion on the mailing list about the extent to which data could be embedded in the UTXO set under a restrictive set of rules for Bitcoin transactions... 'Compact block harness' is a PR by Crypt-iQ that increases the fuzz test coverage by adding a test harness for the compact block relay logic... Bitcoin Optech will host an audio recap discussion of this newsletter on Riverside.fm Tuesday at 16:30 UTC. Join us to discuss or ask questions!
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Bitcoin Optech 4 months ago
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Bitcoin Optech 4 months ago
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Bitcoin Optech 4 months ago
ZmnSCPxj and Constantine Doumanidis joined Optech to discuss Newsletter #372: News 16:24 LSP-funded redundant overpayments 1:02 Partitioning and eclipse attacks using BGP interception Changes to services and client software 13:49 Zero-knowledge proof of reserve tool 15:12 Alternative submarine swap protocol proof of concept Releases and release candidates 39:14 Bitcoin Core 30.0rc1 1:16:28 BDK Chain 0.23.2 Notable code and documentation changes 1:17:19 Bitcoin Core #33268 1:18:56 Eclair #3157 1:19:52 LND #9975 1:20:21 LND #9677 1:20:41 LDK #4045 1:21:32 LDK #4049 1:22:18 BDK #1582 1:23:13 BDK #2000 1:24:17 BDK #2028 You can listen on our website:
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Bitcoin Optech 4 months ago
Bitcoin Optech Newsletter #372 is here: - summarizes a proposal to enhance LN redundant overpayments - links to a discussion about potential partitioning attacks against full nodes - summarizes changes to services/client software - Optech Newsletter #372 Podcast ZmnSCPxj posted to Delving Bitcoin a proposal to allow LSPs to provide the additional funding (liquidity) required for redundant overpayments... Developer cedarctic posted to Delving Bitcoin about using flaws in the Border Gateway Protocol (BGP) to prevent full nodes from being able to connect to peers... Changes to services and client software: - Zero-knowledge proof of reserve tool - Alternative submarine swap protocol proof of concept Bitcoin Optech will host an audio recap discussion of this newsletter on Riverside.fm Tuesday at 16:30 UTC. Join us to discuss or ask questions!
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Bitcoin Optech 4 months ago
Jonas Nick and Bastien Teinturier joined Optech to discuss Newsletter #371: News 0:48 Provable Cryptography Workbook Releases and release candidates 10:48 Bitcoin Core 29.1 11:17 Eclair v0.13.0 25:27 Bitcoin Core 30.0rc1 Notable code and documentation changes 33:18 Bitcoin Core #30469 33:18 Eclair #3163 40:27 Eclair #2308 45:18 Eclair #3021 48:08 Eclair #3142 50:30 LDK #4053 58:12 LDK #3886 You can listen on our website:
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Bitcoin Optech 5 months ago
Bitcoin Optech newsletter #371 is here: - announces the availability of a workbook dedicated to provable cryptography - Bitcoin Core 29.1, Eclair v0.13.0, Bitcoin Core 30.0rc1 - Optech Newsletter #371 Podcast Jonas Nick posted to Delving Bitcoin to announce a short workbook he created for a four day event to “teach developers the basics of provable cryptography, […] consisting of cryptographic definitions, propositions, proofs and exercises.” Bitcoin Optech will host an audio recap discussion of this newsletter on Riverside.fm Tuesday at 16:30 UTC. Join us to discuss or ask questions!