Closed jesseaam closed 1 year ago
Border Wallets are a new way to quickly and easily memorize Bitcoin seed phrases.
A type of coinjoin where merchant and buyer create a coordinated transaction. Coordination happens with PayToEndPoint [P2EP] concept. PayJoins obfuscates the total amount being payed and breaks the common ownership heuristic. Has a fallback to ordinary tx. Another benefit is that the merchant saves money by consolidating (assuming higher tx fees in the future).
Alice input 1 bitcoin --> Bob output 0.2 bitcoin
Alice change output 0.8 bitcoin
Alice input 1 bitcoin --> Bob output 0.7 bitcoin
Bob input 0.5 bitcoin --> Alice change output 0.8 bitcoin
resources https://docs.wasabiwallet.io/using-wasabi/PayJoin.html#advantages-of-payjoin https://en.bitcoin.it/wiki/PayJoin https://github.com/bitcoin/bips/blob/master/bip-0021.mediawiki https://github.com/bitcoin/bips/blob/master/bip-0078.mediawiki https://thebitcoinmanual.com/articles/btc-payjoin/ https://blog.blockstream.com/en-improving-privacy-using-pay-to-endpoint/
Might be helpful to quickly go over the topic of BIPs.
Buy and sell bitcoin privately and securely on a Bisq's peer-to-peer network.
https://privatepayments.org A stealth address protocol for Bitcoin - makes it possible for two parties to transact using addresses that only they can calculate.
Dustin Dettmer has opened a draft PR to enable channel splicing on CLN. There is a long list of TODO items to get this PR across the finish line but this feature represents a massive improvement to LN usability.
PR #25957 enables fast wallet rescan using compact block filters, only for descriptor wallets.
ln-vortex is a tool written in scala that allows coinjoin lightning channel opens. Ben Carman and @deregs_ just opened the first mainnet vortex coinjoin.
Found this cool dashboard to get a summary of the entire bitcoin ecosystem at a glance. https://bitcoin.clarkmoody.com/dashboard/
Please post here to add any topics you would like to discuss at the next socratic seminar.
Leftover topics
Lightning
Taro Skepticism
A critical look at the scalability properties of the Taro protocol if deployed on the bitcoin blockchain
Advances in Channel Jamming Research
The prolifically productive dream team Gleb Naumenko and Antoine Riard have released a series of research reports examining channel jamming. Read the lightning-dev post for a brief summary or dive into the gitbook and read the whole shebang.
Taproot Errwhere
Very exciting PR https://github.com/lightningnetwork/lnd/pull/6810 for sweeping funds, funding channels, and sending blobs to watch towers.
Scaling
Coinpool
Gleb and Antoine propose Coinpool, a new shared UTXO ownership model. Coinpool requires three new OP codes to be soft forked into bitcoin script, so don’t hold your breath. It is recommended that you first grok Eltoo since coinpool builds upon the eltoo protocol to add new capabilities.
Member requests:
Taproot address adoption
How can the addresses be added to a wallet? What is the difference between taproot and bech32? Does taproot save on costs? How much? New website launched When Taproot?