March 2023 Topics - Githubissues

Credit: Breez
“ Instead of requiring developers to learn a new technology from the ground up, the SDK lets them add bitcoin payments to their apps, which people are already using. Our SDK revolutionizes developers’ experience with Lightning, they in turn improve the users’ UX by cleverly, creatively, and easily integrating Lightning into their apps, and everybody wins.”

Credit: Odell
“A group of independent miners choose to create a Fedimint together. Their combined hash rate results in reduced payout variance: they are paid more frequently and predictably than if they mined alone. Rather than a single pool operator constructing blocks and choosing which transactions to include, each Guardian can construct their own blocks, reducing censorship risk. Additional miners can join the pool in the future to take advantage of the above, but rather than be a Guardian, they choose which Guardian they want to construct their blocks.”

Credit: Fedi
“The quality of the modules that were submitted was truly impressive, with projects from federated storage to community finance tools that really highlighted the potential impact of Fedimint as a platform that could solve real-world problems.“

Credit: Strike
“Once a Lightning invoice has been received, a quote must be generated. The quote specifies the dollar cost of paying the Lightning invoice’s bitcoin amount, and therefore offers a temporary conversion rate between dollars and bitcoin. Both the Lightning invoice and the quote have expiration times.”
“To send a payment, simply execute the quote. When the quote is executed, dollars are sent from the sender’s cash balance, converted into bitcoin, routed through the Lightning Network, and delivered to the recipient.”

Credit: BTCCasey / Bitcoin Magazine
“The bill states that, “No person shall be compelled to produce a private key or make a private key known to any other person in any civil, criminal, administrative, legislative or other proceedings in this state that relates to a digital asset, digital identity or other interest or right to which the private key provides access unless a public key is unavailable or unable to disclose the requisite information with respect to the digital asset, digital identity or other interest or right.”
It does not specify that it would be only for Bitcoin keys, so it would also apply the same to private keys utilized as decentralized identities, or any other use cases.

Credit: LN Capital
“Dual Funding allows for payments to move in either direction as soon as the channel is opened. In a Dual Funded Channel (DFC), both parties commit funds to the transaction that opens the channel.”

BitcoinSearch.xyz is a recently-launched search engine for Bitcoin technical documentation and discussions

Credit: Jameson Lopp
“At time of writing, Foundry has 36% of the global hashrate; that means if you're accepting payments after 3 confirmations there's a 49% chance that Foundry could still rewrite the chain to facilitate a double spend. The 6 block confirmation rule of thumb to achieve 99.99% assurance a double spend can't happen (and assumes a 10% hashrate attacker) now requires 60 confirmations to achieve the same level of confidence.”

“I have been the quality assurance and testing maintainer of Bitcoin Core for about 7 years now. In a challenging decision, I concluded to transition out of my role as maintainer.”

TL;DR: If you have sats on BlueWallet’s lightning node, please move them as soon as possible.

Credit: Voltage / Graham Krizek
“Our LSP will be able to detect a payment and open a channel instantly to ensure the payment can reach your node. This will allow all service providers, app developers, or merchants to offer a noncustodial, private, and seamless experience with almost zero effort and maximum efficiency.”
“There are a couple of examples where static channel provisioning falls short. First is the merchant use case. The last thing a merchant wants to do is monitor their channel capacity, they want to receive payments without thinking about it. Secondly, noncustodial applications need liquidity but developers don’t want to have to write complex channel management in their apps or lock up their own liquidity. Flow 2.0 solves these issues (as well as others) by enabling a receiver to have zero liquidity and still receive payment via Voltage’s liquidity.”

Credit: Breez / Roy Sheinfeld
“Breez is developing Lightning as a Service (LaaS) because both of those things — machines and money — can get very arcane very quickly. We love bitcoin, we believe in Lightning, and we’re trying to make it easier for everyone to use, from consumers to entrepreneurs to developers.”

ChicagoBitdevs / ChicagoBitdevs.github.io