October 2023 Topics - Githubissues

MatulefM commented 1 year ago

Credit: Joe Mullin / EFF
“As enacted, the OSB allows the government to force companies to build technology that can scan regardless of encryption–in other words, build a backdoor.“

MatulefM commented 1 year ago

Credit: John Law
“With the current Bitcoin consensus rules, there are reasons to believe that the scalability of Lightning is inherently limited. However, simple covenants and timeout-trees can overcome these scalability limitations.”

Credit: lago
“If a project gets great adoption but cannot drive revenue, it will die. Some wishful thinking might argue that the community will take over, but there’s been little evidence to indicate this happens.”

Credit: 0xB10C
“Marathon Digital Holdings later confirmed that they mined an invalid block and clarified that they are using a small portion of their hash rate to experiment with a new, internal mining pool software in a development environment. This software included a bug that caused it to produce an invalid block. They also made sure to clarify that this isn’t a problem with Bitcoin Core in any way. No other mining pool should be affected.”

Credit: Casey Rodarmor
“I'm not sure creating a new fungible token protocol for Bitcoin is a good idea. Fungible tokens are 99.9% scams and memes. However, they don't appear to be going away any time soon, similar to the way in which casinos don't appear to be going away any time soon. Creating a good fungible token protocol for Bitcoin might bring significant transaction fee revenue, developer mindshare, and users to Bitcoin. Additionally, if this protocol had a small on-chain footprint and encouraged responsible UTXO management, it might serve as harm reduction compared to existing protocols. At least one of which, BRC-20, is already quite popular, and has the undesirable consequence of UTXO proliferation.”

“We're taking Base58's World Famous Bitcoin LARP to the next level. Help us raise enough money to build out 50 LARP kits to send to educators, meetups, and student groups around the world.”

Credit: James O'Beirne
“This draft has been posted to provide a tangible example of a softfork we might pursue, and a representation of the necessary code changes.”
“Specific activation parameters have not been specified here (or are marked FIXME) to avoid putting the consensus cart before the horse. The activation method here has defaulted to the one used for BIP-0341 and might change pending discussion.”

Credit Mark Goodwin / Bitcoin Magazine
“These new grants focus on furthering worldwide Bitcoin education, Core development, DLCs, ecash, and financial aid for developers from repressive regimes.”

MatulefM commented 12 months ago

Bitcoin Core Merged BIP-324 and AssumeUTXO Proposals

BIP-324 will allow Bitcoin nodes to communicate with each other over encrypted connections, while AssumeUXTO option is set to allow instant UTXO set bootstrapping for Bitcoin nodes.
BIP-324 - "This proposal for a new P2P protocol version (v2) aims to improve upon this by raising the costs for performing these attacks substantially, primarily through the use of unauthenticated, opportunistic transport encryption. In addition, the bytestream on the wire is made pseudorandom (i.e., indistinguishable from uniformly random bytes) to a passive eavesdropper."
AssumeUXTO - "Users can create a snapshot of their current UTXO set and store that somewhere; if their node ever crashes or any of the databases corrupt, they can simply grab that UTXO snapshot and restart their node from that blockheight instead of having to restart from the Genesis block," he added.

Credit: L0LA L33TZ / Bitcoin Magazine
“In the newly released court documents, the US government defines software developed to protect individual financial privacy on the blockchain, such as coinjoins, as “adversarial”, contending that the disclosure of Chainalysis training methods and techniques bears the reasonable expectation to enable “circumvention of the law,”
"The defendant does not have a right to personally review all discovery materials. “The Supreme Court has made clear that ‘[t]here is no general constitutional right to discovery in a criminal case."

"Unchained’s collaborative custody solution enables bitcoin holders to have their private keys distributed among several entities, therefore assuring them that their bitcoin is not being rehypothecated or misused by institutions."
"With both Kingdom Trust and Coincover as key custodian partners, Unchained clients have the assurance that even if one of them fails, they will still have access to their bitcoin. Clients can even choose to hold one or more of these keys, which lets them guarantee that the bitcoin is not being rehypothecated.

ChicagoBitdevs / ChicagoBitdevs.github.io