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Protect Your Digital World: Cutting-Edge Private Key Solutions for Ultimate Security

Attacker sends nearly 24,000 phishing emails derived from compromised CoinGecko third-party email platform

https://www.theblock.co/post/299099/attacker-sends-nearly-24000-phishing-emails-derived-from-compromised-coingecko-third-party-email-platform

In the ever-evolving landscape of cyber threats, it is crucial to exercise caution when dealing with emails. One effective strategy is to embrace the concept of email segmentation, utilizing multiple single-use addresses to minimize the potential impact of security breaches or data leaks.

For iOS users, Apple's "Hide My Email" feature offers a convenient solution, providing a layer of anonymity and protection.

Android users, on the other hand, can explore viable alternatives like SimpleLogin, which empowers them to create disposable email addresses, effectively reducing their exposure to malicious actors and potential data breaches.

The Decentralized Future: Convergence of Bitcoin, AI, and 3D Printing

Imagine a world where the future of decentralization transcends the boundaries of Bitcoin alone, and instead, emerges from the convergence of a multitude of disruptive technologies. This convergence has the potential to shift power back into the hands of individuals, redefining our world in the next three decades.

At the heart of this revolution lies the synergy between Bitcoin, artificial intelligence (AI), and 3D printing. Bitcoin, with its decentralized and transparent nature, has already challenged traditional financial systems.

AI, with its ability to process vast amounts of data and make intelligent decisions, could revolutionize various industries, from healthcare to manufacturing. And 3D printing, with its potential for localized and on-demand production, could disrupt traditional supply chains and empower individuals to become self-sufficient.

Together, these technologies could create a decentralized ecosystem where individuals have greater control over their finances, data, and production capabilities. AI could optimize Bitcoin transactions and 3D printing processes, while Bitcoin could facilitate secure and transparent transactions for AI-powered services and 3D-printed products. Localized manufacturing through 3D printing could reduce reliance on centralized supply chains, empowering communities to become more self-sufficient.

This article explores the convergence of these technologies and its implications for our technological and economic future. It invites us to envision a world where centralized powers are disrupted, and individuals regain control over their lives, fostering a more equitable and sustainable society.

Link article:

DECENTRALIZATION AND LOCALIZED MANUFACTURING: BITCOIN, AI AND 3D PRINTING

A look at the similarities between AI, 3D printing, and Bitcoin in terms of their disruptive potential as decentralized technologies.

https://bitcoinmagazine.com/technical/decentralization-and-localized-manufacturing-bitcoin-ai-and-3d-printing

Sooner or later you will be misidentified by your government with noble and good intentions.

'I was misidentified as shoplifter by facial recognition tech'

https://www.bbc.com/news/technology-69055945

Still using PayPal and Venmo?

PayPal Is Planning an Ad Business Using Data on Its Millions of Shoppers

Payments company hires Uber’s former head of advertising to run a new ad division

https://www.wsj.com/articles/paypal-is-planning-an-ad-business-using-data-on-its-millions-of-shoppers-cc5e0625

“Fedimint is a scalable self-custodial off-chain programmability layer on top of Bitcoin. It allows for use cases that are difficult, time-consuming, and unscalable for general users to do on-chain today. You might think I had a typo calling Fedimint a self-custodial network. Let me explain…” --Tony Giorgio

Embracing Nuance and Exploring Novel Solutions

In our pursuit of solutions, we often risk overlooking the nuances that could unlock a wealth of novel and highly valuable approaches to our problems. The goals we set for ourselves, such as those envisioned with Bitcoin, should not be viewed as final conclusions but rather as points along a never-ending spectrum of exploration and growth. Fedimint represents a profound shift in the realms of trust and privacy for Bitcoin users, breaking down enormous barriers to the provision of services. By embracing the nuances and remaining open to innovative solutions, we may discover paths that transcend our current limitations and unlock new horizons of possibility.

Evaluate how this approach measures up against Bitcoin's trust model and other currency networks. Compare it to Wrapped Bitcoin on the Ethereum blockchain, zero-knowledge roll-up technologies, state chains running on secure enclaves considered noncustodial, and other cryptocurrencies without questionable pricing schemes (insofar as they are legally permitted to operate as self-custodial networks).

This article reframes both the problem and the solution to the many challenges of building in this new industry.

Fedimint (Federated Ecash) is Self-Custodial by Tony Giorgio

https://tonygiorgio.com/fedimint/

Our thought processes and perspectives are like to trails winding through a forest.

The ideas we frequently have become clear, but when we get distracted exploring new concepts or fixating on future goals, even our familiar mental paths can become overgrown and obscured by the noise of the world.

This is why it's beneficial to periodically revisit and refresh the core ideas and viewpoints that have guided us—to retrace those trails, allowing us to regain clarity on the perspectives that shaped our current understanding.

This is a very important idea in grasping why Bitcoin works, and how it emerges from the individual enforcement of the Bitcoin rules, and how utterly revolutionary this seemingly simple concept really is.

Here is the read, enjoy.

Bitcoin Miners Beware: Invalid Blocks Need Not Apply

Bitcoin is an impenetrable fortress of validation.https://medium.com/hackernoon/bitcoin-miners-beware-invalid-blocks-need-not-apply-51c293ee278b

“This capability ensures that participants can trust the system's integrity without the need for mutual trust among users. It fundamentally alters how trust is brokered globally, extending the reach of reliable transactions beyond traditional, geographic, and institutional boundaries.” -- Adolfo Contreras

Bitcoin's Transformative Potential for Global Financial Inclusion

Blockstream has published a thought-provoking piece by Adolfo Contreras, titled “Scaling Trust: Bitcoin's Role in Bridging the Global Digital Divide.”

This insightful article delves into how Bitcoin redefines trust in our increasingly globalized and digitized world. It explores the revolutionary impact of blockchain technology, shedding light on its potential to transform financial systems, particularly in developing nations.

The article provides an in-depth analysis of the fundamental elements of trust, tracing the evolution of financial institutions and their role in fostering confidence in economic transactions.

Contreras skillfully examines how Bitcoin's decentralized and transparent nature challenges traditional models of trust, offering a compelling alternative that could empower underserved communities worldwide.

By leveraging the immutable and borderless nature of blockchain technology, Bitcoin presents a unique opportunity to bridge the digital divide and promote financial inclusion on a global scale.

The article offers a compelling perspective on how this innovative technology could disrupt existing power structures and democratize access to financial services, empowering individuals and communities that have historically been marginalized or excluded from traditional banking systems.

Overall, Contreras' article is a must-read for anyone interested in understanding the profound implications of Bitcoin and blockchain technology on the global financial landscape.

It provides valuable insights into the fundamental shifts in trust dynamics and the potential for these emerging technologies to catalyze positive change, particularly in regions where access to financial services has been a persistent challenge.

Here is the articles link:

Scaling Trust: Bitcoin’s Role in Bridging the Global Digital Divide

https://blog.blockstream.com/scaling-trust-bitcoins-role-in-bridging-the-global-digital-divide/

“It is like exercising a veto you hold for anything and everything, and yes, vetoes are important in consensus systems. But disrupting conversation is not the veto, the actions of actual transacting economic actors deciding what software to run or not run is the veto. This denial of service on dialogue is not some noble or righteous crusade to save Bitcoin, it is an active attack on those economic actors and their ability to gain a better understanding making an informed decision on whether to veto something or not.” -- Shinobi

This read helps us navigate the turbulent discourse on Bitcoin Consensus

The realm of Bitcoin consensus has become a contentious battleground, with the surrounding dialogue often marred by disruptive forces.

One alarming trend that has emerged is the prevalence of “denial-of-service attacks” aimed at stifling meaningful discussions within the Bitcoin community.

This phenomenon raises critical questions:

Is it a calculated attempt to silence innovative ideas and dissenting voices?

Or is it a necessary friction to uphold the integrity of Bitcoin's foundational principles?

Alternatively, could it be an unavoidable consequence of Bitcoin's remarkable success and the diverse perspectives it has attracted?

It is crucial to strike a balance between fostering open discourse and maintaining the core values that have made Bitcoin a revolutionary force in the financial landscape.

While the free exchange of ideas is essential for the growth and evolution of any technology, it is equally important to safeguard the fundamentals that have earned Bitcoin its credibility and widespread adoption.

Original article

A DENIAL OF SERVICE ATTACK ON BITCOIN CONSENSUS

The reason conversations around consensus are a dysfunctional mess is not because of the people proposing changes, it's because of the people refusing to listen in good faith.

https://bitcoinmagazine.com/culture/a-denial-of-service-attack-on-consensus

Pay attention Bankers

Xapo Bank enables bitcoin deposits via Lightning Network

https://www.theblock.co/post/296262/xapo-bitcoin-lightning-network

Bitcoin fees are low again time to clean some dust 😉

Going Dark: The war on encryption is on the rise. Through a shady collaboration between the US and the EU.

https://mullvad.net/en/why-privacy-matters/going-dark

iOS 17.5 is allegedly resurfacing pictures that were deleted years ago

https://9to5mac.com/2024/05/17/ios-17-5-deleted-photos-app-bug/

You still trust Apple?

Robots, inevitably, will be trusted more than humans.

Microsurgery Assistance Robot Stitching a Corn Kernel

https://newatlas.com/robotics/sony-microsurgery-robot-corn/

Here is the video:

https://www.youtube.com/watch?v=bgRAkBNFMHk

Lightning Addresses with Trust Minimization

Mutiny wallet introduces an innovative approach to creating lightning addresses that minimizes trust requirements.

It leverages your ecash public key to lock incoming payments, which you must subsequently spend into your own lightning node to access the funds.

This concept, while not entirely new as it underpinned the Hermes project, gains significance through its implementation in a popular lightning wallet.

By integrating this trust-minimized method for generating lightning addresses, Mutiny wallet empowers users with an accessible means to enhance privacy and security when transacting on the Lightning Network.

Federated Lightning Addresses for Mutiny+ Users

We're happy to announce that we're launching the preview version for Mutiny+ users!

https://blog.mutinywallet.com/federated-lightning-addresses-for-mutiny-users/

My Lightning address for life:

williamsantiago@mutiny.plus

‘Banks continue to become increasingly less relevant’: the professor who sees a $2 trillion hole in the economy predicts a thinning of the herd

https://fortune.com/2024/05/16/silicon-valley-bank-2-billion-exposure-tomasz-piskorski/

BOLT 12 AND LNURL: WHAT IS THE FUTURE FOR BITCOIN’S LIGHTNING NETWORK?

BOLT 12 and LNURL seem to accomplish the same things for users of the Bitcoin Lightning Network. But what are the technical differences?

https://bitcoinmagazine.com/technical/bolt12-lnurl-and-bitcoin-lightning

Mullvad VPN has confirmed the existence of critical DNS leak problems in certain Android VPN apps due to inherent bugs in the Android operating system.

The issues can occur in multiple scenarios, such as if the VPN is active without any DNS server configured, or for a short period while the VPN app is reconfiguring the tunnel or being force stopped/crashing.

These leaks can expose users' browsing history, location, and ability to bypass internet censorship, even with the "Always-on VPN" and "Block connections without VPN" settings enabled.

Mullvad has reported the issues to Google and is implementing a workaround, but the problems should be addressed at the OS level to protect all Android users.

DNS traffic can leak outside the VPN tunnel on Android

https://mullvad.net/en/blog/2024/5/3/dns-traffic-can-leak-outside-the-vpn-tunnel-on-android

Does it apply to ios devices?

No, the DNS leak issues described do not apply to iOS devices. The search results specifically mention that the problems stem from bugs in the Android operating system itself, and only affect certain Android VPN apps.

The Mullvad VPN app for iOS uses the "on-demand VPN" function which acts as a kill switch when the VPN is connected, and should not leak traffic.

The article also notes that while there are some potential privacy issues with iOS, such as traffic to Apple services bypassing the VPN tunnel, there are no issues analogous to the Android DNS leaks described.

So in summary, the critical DNS leak vulnerabilities are limited to Android devices and apps, and do not impact iOS users of Mullvad VPN or other VPN services. The problems require fixes at the Android OS level by Google.

"This is a fancy way of saying that you need money to make markets, and you need decentralized, open, digital money to make decentralized, open, digital markets.

Furthermore, higher layers require lower layers to exist, but lower layers benefit from the value created at higher layers. However valuable layer one Bitcoin can be as a new global money, it can become significantly more valuable if we recognize it as a crucial technical building block to building markets with the potential to disrupt many other human networks." --Dhruv Bansal, Ryan Gentry & Allen Farrington Bitcoin's base layer enables us to rethink how we approach the prevalent problems of internet centralization, abusive platforms, and censorship. By breaking these concerns down into their most fundamental components and solving each one individually, we can begin to address the broader challenges of permissionless communication, scalable decentralized payments, service provision, and globally accessible open networks. The team at AxiomBTC, including authors Dhruv Bansal, Ryan Gentry, and Allen Farrington, explores how Bitcoin can be leveraged to re-decentralize the internet in their latest piece.

By focusing on Bitcoin's core capabilities and applying them to specific issues, we may uncover new paths to solving the internet's systemic problems.

The Bitcoin Stack

Decentralized Order Books as a Framework for Decentralizing the Internet

https://www.axiombtc.capital/stack