GM. bitcoin on your keys > bitcoin on your balance sheet

Excellent Persian language Liana tutorial from Ziya Sadr! Includes both simple inheritance and expanding multisig options. Check it out:

> Create Bitcoin > Achieve perfect opsec > Move on to other things Satoshi, 14 years ago today

If you've been looking for a step-by-step guide to set up Liana Wallet with - timelocked inheritance keys - multiple hardware signers - custom multisig You should definitely check out this @BTC Sessions tutorial:

How to get Taproot privacy benefits for your Bitcoin today 🧵 🥕️ Taproot has been live since block 709632 (three years ago) 🥸 It can improve your onchain privacy 💰️ It can save you money But how the f*ck do you start using it? First: you need a wallet app that supports Taproot. Second: you have to receive coins to addresses generated by this wallet (Taproot addresses start with bc1p...). And now you're using Taproot! ...so what? Before Taproot, spending a coin revealed all spending paths. So if you had a timelocked inheritance key, spending with the primary key showed everybody you also had an inheritance key. In Taproot, you only show the path you use to spend. Here's another example: Before Taproot, if you have a 2 of 2 multisig with a 3rd recovery key, spending coins from your wallet revealed that you had a third recovery key. With Taproot, people only learn about your recovery key when it is used. Also: Schnorr pubkeys and signatures are smaller than ECDSA (ECDSA is the signature scheme non-Taproot Bitcoin uses), so Taproot signatures often take up less blockspace. This means spending Taproot coins is cheaper. So: tl;dr to start using Taproot: 🌱️ You DON'T need a new seed phrase 🥕️ You DO need wallet software that supports taproot 👛️ You DO need to create a new wallet ⬇️ You DO need to receive coins to Taproot addresses In Liana Wallet, it's as easy as selecting Taproot addresses from a dropdown menu on installation. If you want to start Taproot maxing, give it a download here 👉️

Liana

Liana

Bitcoin Wallet with protection against loss

GM! Don't know the difference between Regtest, Testnet, and Signet? tl;dr: they are all kinds of Bitcoin testing networks where coins have no value Regtest: local sandbox Testnet: difficulty resets frequently Signet: permissioned mining Test networks are handy for testing: - potential consensus rule changes - new software products that interact with Bitcoin - network dynamics and mining - lots more! The closer they are to real Bitcoin the better Regtest is the most basic Bitcoin testing network: - you mine blocks w/ a `generate` command - you choose the peers It lets you test how software interacts with consensus rules But it doesn't model a permissionless public network very well Testnet was created to model almost all the same attributes as the real Bitcoin network - anyone can join the network - anyone can mine on it - no one controls it sounds great, right? Mining difficulty only adjusts every 2016 blocks If someone with a lot of miners comes to Testnet to try something out and then leaves.. Everyone else might be in for a long wait before they can mine blocks Not ideal. So Testnet also got this rule: if no block is mined for 20 minutes, difficulty resets to minimum. Sounds good but it leads to a lot of problems: - Block production is highly volatile - Reorgs are common - It can be hard to get new coins Bitcoiners have been looking for a stable testnet model for quite a while. 2010: First public testnet 2011: Testnet2 2012: Testnet3 2024: Testnet4 It's hard to make a network where coins are free but mining still takes real resources People get frustrated with Testnet... (Not all people though: that fabulous Bitcoin troubadour @Super Testnet took his name from testnet3...and superman) ...so Signet (BIP325) was proposed in 2019, and merged into Bitcoin Core v21. What is Signet? A centralized Bitcoin testing network where - mining still takes PoW - but blocks also need a signature from network operator This makes Signet reliable and stable, much better for most testing applications The default Signet targets a block interval of 10 minutes, just like Bitcoin mainnet Check it out:

The Mempool Open Source Project®

Explore the full Bitcoin ecosystem with The Mempool Open Source Project®. See the real-time status of your transactions, get network info, and more.

But anyone can start their own Signet Mutinynet targets a block interval of 30 seconds

mempool - Bitcoin Explorer

Explore the full Bitcoin ecosystem with The Mempool Open Source Project®. See the real-time status of your transactions, get network info, and more.

If you are Signet poor, here are some faucets we tested where you can stack some Signet sats! -

Signet BTC Faucet

- https://bitcoinsignetfaucet.com/ -

Signet Faucet

-

Alt Signet Faucet

Some great resources for learning more the different Bitcoin testing networks can be found here: 👉️

Bitcoin Optech

Testnet

Testnet is a testing network included with Bitcoin Core and supported by many other Bitcoin applications. Testnet3 is the longest-running incarnati...

👉️

Bitcoin Optech

Signet

Signet is both a tool that allows developers to create networks for testing interactions between different Bitcoin software and the name of the mos...

👉️

Cypherpunk Cogitations

Griefing Bitcoin's Testnet

A deep dive into manipulation of block generation on testnet and a call to reset the network to fix several issues.

Following along with @lopp's testnet adventures is an excellent way to get a crash course in bitcoin testing. You can use Liana with Regtest, Testnet (still testnet3), Signet, and Mainnet. If you just want to play around with it, give it a whirl on Signet and tell us what you think! 👉️ Download:

Liana

Liana

Bitcoin Wallet with protection against loss

GM. Bitcoin is more than send and receive. Learn how to use timelocks to set up inheritance keys for your heirs.

Learn how to use Bitcoin's script capabilities.

GM. Don't know much about Liana? Check out these features: 🌱 Open source 🌱 Bitcoin-only 🌱 Singlesig 🌱 Multisig 🌱 Miniscript 🌱 Onchain timelocks 🌱 One-click node 🌱 Taproot 🌱 Coin control 🌱 Labels 🌱 No KYC 🌱 Easy to use 🌱 Dark mode only 🌱 Compatible w/ Ledger, Jade, ColdCard, BitBox, SpecterDIY, Krux

🚨️ LAST CHANCE to enter our Satoshi Birthday free Liana Box drawing!🚨️ 🌙 Liana Wallet is dark-mode only...just like the Batman. 👉️ Follow us 👉️ Repost this post 👉️ Comment below your favorite thing that is dark-mode only Drawing is tomorrow!

Cryptosteel

The Liana Box Starter Pack

Get started with Liana's self-custody wallet and inheritance features; Starter Pack includes signing devices, Cryptosteel Capsules, tamper-evi...

GM. Self custody is a lifestyle.

Self custody is a lifestyle.

For some reason our wallet has a coin labeled "surfboard for houseplants"... Anyhow, we love labels and BIP329! Want to enter our Satoshi Birthday free Liana Box drawing? 👉 Give us a follow 👉 Comment below the best label in your wallet What is a Liana Box you ask? Check it out here:

Cryptosteel

The Liana Box Starter Pack

Get started with Liana's self-custody wallet and inheritance features; Starter Pack includes signing devices, Cryptosteel Capsules, tamper-evi...

GM. multisig != too complicated

GM. Today's a great day to live like you hold your own keys.

Use a timelocked recovery key so you don't have to trust an executor to give your kids your #Bitcoin.

Single points of failure can be easy to overlook. Help us find them! 👉️ Comment an often missed single point of failure in #Bitcoin cold storage setups 🎁️ Top 5 get entered in our Satoshi birthday giveaway drawing to win a free Liana Box

We love thinking about how miniscript can solve real world problems. For instance, how could it help align the incentives for Outies and Innies? a 🧵 about how #Bitcoin fixes Severance (spoilers) ⚠️ Here's the problem: 💰️ Outie wants to get the big checks for working on the severed floor ☹️ Innie may be miserable, but has no way of telling Outie it's not worth it 💥 Incentives are not aligned 👇️ 👛️ New wallet: 💡️ Lumon pays all severed employee salaries into 2-of-2 multisigs 🔑️ Outie gets a key 🔑️ Innie gets a key ❌️ Funds don't get transferred into Outie's spending wallet unless Innie signs 👇️ 🤷‍♂️️ Innie doesn't have use for funds (nowhere to spend) 🗜 But Innie can refuse to sign ➡️ So Outie has incentive to pressure Lumon to pay attention to Innie demands 👋 What if Outie just decides to quit? 👇️ 👨‍💼️ Innie wants to keep Outie coming back to work 👛️ New wallet: 💡️ Every year Lumon deposits bonus into a 2-of-2 with recovery key that can spend after 13 months 🔑️ Innie gets key 🔑️ Outie gets key 🔑️ Lumon gets recovery key 👇️ 🚨️ If Innie and Outie don't agree to move bonus within 13 months, Lumon takes bonus ⏱️ But Innie can make Outie wait till next year's bonus hits 💡️ Lumon increases bonus size every year 💵️ Outie keeps coming back to get next bigger bonus 👇️ ✌️ Outies and Innies have a reason to work together for mutual benefit 🤝️ Bitcoin is a means of aligning incentives for people in different circumstances 🤗️ Your Outie may not know how it feels to be an Innie, but they can still come to consensus (every ten minutes on average)

GM. Have you written down instructions for recovering your bitcoin? Come on by @Stacker News and give us some feedback on our inheritance letter draft and we'll enter you in our Satoshi Birthday Liana Box drawing!

Stacker News

How do you tell your heirs about your stack? \ stacker news

Have you written down step-by-step instructions for your heirs to recover your bitcoin? Since Bitcoin is generational wealth, there will likely com...

GM. If you find yourself worrying about your cold storage setup, maybe it's time to look into multisig. Redundancy is a very good thing.