Yes.
View quoted note →
Rusty Russell
rusty@rusty.ozlabs.org
npub179e9...lz4s
Lead Core Lightning, Standards Wrangler, Bitcoin Script Restoration ponderer, coder. Full time employed on Free and Open Source Software since 1998. Joyous hacking with others for over 25 years.
I've been through tech hype cycles before. They always have a grain of truth in them (otherwise they're trivially refuted) but they don't always work out. I have been through three VR waves, for example.
I can't tell where Quantum Computing will land, though it has all the signs of needing a few more decades of occasional hype cycles.
But I *can* tell that all the proposed mitigating signature schemes for Bitcoin suck hard: they're technically impressive because they're 10x better than I expected, but they're still 10x worse than what we have now.
This means two things: I applaud and support the continuing research. And I won't support a soft fork any new cryptographic schemes until the someone demonstrates an extant QC that can factor faster than a classical one.
This one doesn't keep getting disconnected from LND and Eclair, because we disabled the padding feature which made all messages the same length on the wire which was to be a release feature 😔
It was an obscure part of the spec, but LND have already fixed theirs for v21: kudos! I submitted PRs to Eclair and Phoenix (the latter mainly Claude, but it's a trivial change).
I still have hope for a workaround, but we'll see if I can get it before Sangbida as Release Captain says No!
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"Also Bitcoin Core, but in blue"
Send $$ NOW for my new project!
I keep hearing about all the billions left on the sidelines, which will come rushing into Bitcoin when some legislative or regulatory event occurs.
Here's some history:
- Bitcoin futures ETFs. October 2021, price $61k
- Bitcoin spot ETFs. January 2024, price $42k
- March 2026, price $70k
Now, maybe it's still coming, but at this point you might want to start doubting this narrative.
Now I serve a web page at that URL. Probably presents too much info. @calle might have suggestions for what I should put here?
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Fired up a cashu mint today: should exercise my CLN node a bit more!
Century Metadata Cashu Mint
Finally read BIP-54 (mirror at https://bips.dev/54/) and it is straightforward,minimal and thorough. At this point I can endorse it as a good idea and worth doing.
There's no rush, but I am looking forward to activation.
JSON5
JSON5 – JSON for Humans
JSON for Humans
GitHub
BIP440: Varops Budget for Script Runtime Constraint, BIP441: Restoration of disabled Script (tapleaf 0xc2) by rustyrussell · Pull Request #2118 · bitcoin/bips
The full revision history is available in a separate branch (https://github.com/rustyrussell/bips/tree/guilt/varops): this is a clean one to submit...
GitHub
BIP440: Varops Budget for Script Runtime Constraint, BIP441: Restoration of disabled Script (tapleaf 0xc2) by rustyrussell · Pull Request #2118 · bitcoin/bips
The full revision history is available in a separate branch (https://github.com/rustyrussell/bips/tree/guilt/varops): this is a clean one to submit...
GitHub
GitHub - jmoik/varopsData: Collection of csv files produced by the bench_varops bitcoin core benchmark.
Collection of csv files produced by the bench_varops bitcoin core benchmark. - jmoik/varopsData
You will not be at peace until you understand the truth: every non-coinbase bitcoin transaction which does not eventually send funds to me is spam.