June 2022 Meetup - Githubissues

MatulefM commented 2 years ago

Credit: Cambridge Digital Assets Programme (CDAP)

“New data confirms that the United States has not only retained its leading position as the largest mining hub globally, but also surpassed the rest of the world in terms of hashrate growth.”
“Data shows that Bitcoin mining within the US clusters around certain states, with the three largest – Georgia (30.76%), Texas (11.22%), and Kentucky (10.93%) “
“Most notably, however, is China’s apparent comeback. Following the government ban in June 2021, reported hashrate for the entire country effectively plummeted to zero during the months of July and August. Yet reported hashrate suddenly surged back to 30.47 EH/s in September 2021, instantly catapulting China to second place globally in terms of installed mining capacity (22.29% of total market). This strongly suggests that significant underground mining activity has formed in the country, which empirically confirms what industry insiders have long been assuming.”

Credit: Coincenter

“Using a standard NFC card, the Bitcoin Lightning Network and LNURL, The Bolt Card enables a user to simply tap their card on a point of sale device displaying a Lightning invoice and the Lightning payment is made in the background. This transaction is carried out over the Bitcoin Lightning Network with not a single legacy payment system used.”

“The two most common use cases for package relay are fee-bumping otherwise-too-low-fee transactions and reducing the amount of orphans.”

“Authentication protocols are used to verify that network connections are not being monitored through a man-in-the-middle attack (MitM). But the commonly used constructions for authentication—often some framework surrounding a digital signature or key exchange protocol—reveal considerable amounts of identifying information to the participants (and MitMs). This information can potentially be used to track otherwise anonymous users around the network and correlate users across multiple services, if keys are reused.”

“Bitcoin is ultimately a market-driven system, where consensus is arrived at voluntarily. I believe attempts to prevent that process from becoming messy are both misguided, missing the fundamental nature of the system, and will inevitably lead to more centralized social control and perception of top-down decision making if people constantly try to remove the mess from arriving at consensus. We should embrace that process, and stop trying to control it. It's time for us to start having this conversation instead of constantly putting it off, and letting the inertia of social dynamics slowly make the decision for us.”

DMix: decentralized mixer for unlinkability Credit: Fadi Barbara & Claudio Schifanella

Demonstration Video
“DMix does not need the election of any leader and respects both the unlinkability and the atomicity properties, so that there is no possibility to correlate addresses or lose funds using the protocol.”

“An exploration tool for the Bitcoin open-source ecosystem. Showcasing who funds Bitcoin development and what developers are working on.”

MatulefM commented 2 years ago

Credit: w0xlt
“The user was able to generate an address ($receiver_address), publish it, receive and spend coins from it and still 0 transaction is shown from this address in a blockchain explorer “

Credit: Block, Inc. (Report 2022)
“In recent years, the dominant narratives surrounding bitcoin have been solely focused on its potential as a means to make money. We sought to dig into these narratives further and provide a resource for decision makers to better understand people’s knowledge and perceptions of bitcoin across different geographies,genders, and ages.”

MatulefM commented 2 years ago

Credit: MacKenzie Sigalos / CNBC
Still needs to be signed by governor who can veto it
“for two years, unless a proof-of-work mining company uses 100% renewable energy, it would not be allowed to expand or renew permits, and new entrants would not be allowed to come online.”

MatulefM commented 2 years ago

.....a few last-minute topics to consider.

Credit: Kirsten Gillibrand & Cynthia Lummis
“Bipartisan Responsible Financial Innovation Act Addresses CFTC And SEC Jurisdiction, Stablecoin Regulation, Banking, Tax Treatment Of Digital Assets, And Interagency Coordination, Including An Advisory Committee.”

Credit: 20 human rights advocates from 20 countries across the globe
“We have watched as our dictatorial leaders from Beijing to Moscow tried to ban Bitcoin. We hope you choose a different policy path, one that allows us to save, connect, and gain freedom.”

Credit: St. Louis Fed
“The Fed wrote a post showing the price of eggs in USD and Bitcoin, comparing them over the last year, showing Bitcoin as more volatile and unpredictable. Only problem was they forgot to zoom out” - Nick Neuman

ChicagoBitdevs / ChicagoBitdevs.github.io