Fewer memes, more progress. πͺ
From a fringe experiment to global adoption in just 15 years. π
nostr:npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8 and nostr:npub1hea99yd4xt5tjx8jmjvpfz2g5v7nurdqw7ydwst0ww6vw520prnq6fg9v2 break down how Bitcoinβs growth mirrors the rapid pace of tech startups - far from the centuries-long shifts of history. [BR089]
What happens if quantum computers break SHA-256? Could #Bitcoin survive such an event?
nostr:npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8 , nostr:npub1emdtsxly9m68m00x206t574jttp65vk0c2m89ms038q047yz7ylqcac9aw and nostr:npub1hea99yd4xt5tjx8jmjvpfz2g5v7nurdqw7ydwst0ww6vw520prnq6fg9v2 discuss the quantum threat, and the possible defensive options we have available both now and in the future. [BR089]
If the government announced that all exchanges must move bitcoins over to a one-way hardfork that adds "monetary policy tools" and OFAC compliance, could #bitcoin support an exit for everyone who wants out? π€
nostr:npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8 , nostr:npub1emdtsxly9m68m00x206t574jttp65vk0c2m89ms038q047yz7ylqcac9aw and nostr:npub1hea99yd4xt5tjx8jmjvpfz2g5v7nurdqw7ydwst0ww6vw520prnq6fg9v2 respond to James OBβs tweet in BR089.
As a surge of retail investors opt for ETFs and MSTR over #bitcoin in self custody, this cycle has seen a decoupling between #Bitcoin's price and on-chain activity.
nostr:npub1emdtsxly9m68m00x206t574jttp65vk0c2m89ms038q047yz7ylqcac9aw and nostr:npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8 discuss the effect in BR089.
π¨Two versions (1.95.6 and 1.95.7) of the popular solana/web3.js npm library were recently disovered to be malicious, harvesting private keys to drain wallets.
nostr:npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8 , nostr:npub1hea99yd4xt5tjx8jmjvpfz2g5v7nurdqw7ydwst0ww6vw520prnq6fg9v2 & nostr:npub1emdtsxly9m68m00x206t574jttp65vk0c2m89ms038q047yz7ylqcac9aw discuss the lessons to be learned from this incident in BR089.
Sadly, not everyone will choose to self custody their #bitcoin, and instead are choosing to gain exposure through owning ETFs, and stocks like #MSTR.
How bad is this for Bitcoin?
nostr:npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8 & nostr:npub1emdtsxly9m68m00x206t574jttp65vk0c2m89ms038q047yz7ylqcac9aw weigh in on this question in BR089.
Bitcoin's history of community signalling thrives.
The bitcoin wiki Covenants Support page displays a table of covenant opcodes and their levels of support among over 45 developers.π
https://en.bitcoin.it/wiki/Covenants_support
nostr:npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8 and nostr:npub1emdtsxly9m68m00x206t574jttp65vk0c2m89ms038q047yz7ylqcac9aw discuss the importance in BR089.
Scaling hardware for #Bitcoin is tricky. Unlike other industries, there's no rollback if things go wrong.
nostr:npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8 explains why maintaining compatibility across generations is vital for security, but also a challenge for user expectations. [BR089]
Consolidating UTXOs into a single tx during wallet migration? π«
Staggered broadcasts and privacy-preserving wallet migration. β
nostr:npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8 , nostr:npub1emdtsxly9m68m00x206t574jttp65vk0c2m89ms038q047yz7ylqcac9aw & nostr:npub1hea99yd4xt5tjx8jmjvpfz2g5v7nurdqw7ydwst0ww6vw520prnq6fg9v2 advocate for "Broadcast Pool" in Bitcoin Core , enabling future-dated txs for greater privacy & control. [BR089]
π³οΈ Indexing: ββββββββββ 5%
ποΈ Building: ββββββββββββββββββββ 95%
nostr:npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8 and nostr:npub1emdtsxly9m68m00x206t574jttp65vk0c2m89ms038q047yz7ylqcac9aw discuss the futility of engaging in politics versus building tools to free humanity in BR089.
"The best thing technologists can do is make the life of the anti-technologists impossible." π₯
~NVK
nostr:npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8 , nostr:npub1hea99yd4xt5tjx8jmjvpfz2g5v7nurdqw7ydwst0ww6vw520prnq6fg9v2 & nostr:npub1emdtsxly9m68m00x206t574jttp65vk0c2m89ms038q047yz7ylqcac9aw discuss the war on digital freedom in BR089.
(Donate to P2Prights.org to help defend non-custodial tools & devs from government overreach!)
Is base chain privacy possible without compromising #Bitcoin's supply?
The fixed supply remains auditable because every UTXO is public. Avoiding privacy trade-offs like inflation risks ensure Bitcoin's limited supply .
nostr:npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8 , nostr:npub1emdtsxly9m68m00x206t574jttp65vk0c2m89ms038q047yz7ylqcac9aw & nostr:npub1hea99yd4xt5tjx8jmjvpfz2g5v7nurdqw7ydwst0ww6vw520prnq6fg9v2 explore the dynamics in BR089.
COLDCARDβs approach: #Bitcoin only, no vendor lock-in, and a secure element chip capable of reliably safeguarding your funds.
nostr:npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8 highlights trade-offs in hardware wallet design between different manufacturers in BR089.
π¨ Vulnerability in WabiSabi coinjoin protocol exposes users to deanonymization risks π¨
nostr:npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8 , nostr:npub1hea99yd4xt5tjx8jmjvpfz2g5v7nurdqw7ydwst0ww6vw520prnq6fg9v2 and nostr:npub1emdtsxly9m68m00x206t574jttp65vk0c2m89ms038q047yz7ylqcac9aw discuss the vulnerability, and share their scepticism about the state of the WabiSabi coinjoin protocol despite claims that the issue has been fixed. [BR089]
Donβt reinvent the wheel when it comes to #bitcoin security.
Core has been reviewed to death for a reason. Proven solutions, even with trade-offs, are better than unproven ones.
nostr:npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8 , nostr:npub1emdtsxly9m68m00x206t574jttp65vk0c2m89ms038q047yz7ylqcac9aw & nostr:npub1hea99yd4xt5tjx8jmjvpfz2g5v7nurdqw7ydwst0ww6vw520prnq6fg9v2 break it down in BR089.
Multivendor multisig: robust, but complicated.
NVK highlights the challenges non-technical users face, from firmware issues to emergency access. Is single vendor multisig good enough?
nostr:npub1hea99yd4xt5tjx8jmjvpfz2g5v7nurdqw7ydwst0ww6vw520prnq6fg9v2 & nostr:npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8 dive into the trade-offs in BR089.
Different hardware wallets, radically different protocols.
#Lark, built to replace Python-based HWI, ensures better integration and user experience for Sparrow Wallet.
nostr:npub1hea99yd4xt5tjx8jmjvpfz2g5v7nurdqw7ydwst0ww6vw520prnq6fg9v2 talks learnings and insights in BR089.
Seed QRs can be dangerous. Cameras everywhere - from TVs to security systems - can leak your backup.
nostr:npub1emdtsxly9m68m00x206t574jttp65vk0c2m89ms038q047yz7ylqcac9aw argues that seed-level operations should be high friction for security, while nostr:npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8 suggests more sophisticated solutions like as BitKey are superior options. [BR089]
Big things happening in the world of #bitcoin inheritance planning as nostr:npub1mlzukkwhuhl3y7wd6kw20fz6s99l8d0uqtj4sskhvaaud8rwcuuszt2t6p introduces inheritance keys secured using Miniscript. π
nostr:npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8 and nostr:npub1emdtsxly9m68m00x206t574jttp65vk0c2m89ms038q047yz7ylqcac9aw discuss the latest update by nostr:npub1lkt97dfwg8ll45kx6yzghdmylh09z3ku609mu96tdkruathfcamslkh0ff and the team in BR089.
Bad entropy attacks are rare but devastating.πͺ¦
Single sig wallets are low-hanging fruit. Multisig setups and passphrases increase security, making brute-force attacks prohibitively difficult.
nostr:npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8 , nostr:npub1hea99yd4xt5tjx8jmjvpfz2g5v7nurdqw7ydwst0ww6vw520prnq6fg9v2 & nostr:npub1emdtsxly9m68m00x206t574jttp65vk0c2m89ms038q047yz7ylqcac9aw discuss defending against these types of attacks. [BR089]