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Summary

Jonas Nick's release announcement of libsecp256k1 version 0.6.0 highlights significant improvements, including a MuSig2 module for enhanced functionality and advanced security measures to clear secrets from the stack, simplifying the library for users (source). Robert Netzke proposes a new file format for descriptor-based wallets, aiming to simplify the inheritance process for digital assets, with a reference implementation developed in Rust, advocating for the adoption of data encoding practices from Partially Signed Bitcoin Transactions (PSBT) to enhance developer accessibility and wallet interoperability (source).

The release of Bitcoin Core version 27.2, announced by Michael Ford and fanquake, introduces bug fixes, performance enhancements, and supports a broad compatibility range across operating systems, with significant contributions from developers like Ava Chow, Cory Fields, and Matt Whitlock to ensure its ongoing evolution (source, source). Additionally, Antoine Poinsot discusses the latest security advisories for Bitcoin Core, emphasizing the project's commitment to transparent and responsible security practices, while ZmnSCPxj introduces SuperScalar, a mechanism designed to solve the Lightning Network's Last-Mile Problem by enhancing liquidity provisioning without blockchain consensus changes, focusing on security and scalability (source, source).

New posts

November 7, 2024 17:44 UTC

bitcoin-dev

ColliderScript: Covenants in Bitcoin via 160-bit hash collisions
  • The team introduces a new method for Bitcoin covenants using Tapscript without soft forks.
  • This method requires significant computational effort, more so than mining a Bitcoin block.
  • It potentially enables Bitcoin to resist quantum computing through Lamport signatures.

November 5, 2024 16:00 UTC

bitcoin-dev

Public disclosure of one vulnerability affecting Bitcoin Core <26.0
  • New Bitcoin Core security advisories are available on their official website.
  • They encourage reviewing detailed vulnerabilities at their dedicated security URL.
  • A transparent security policy begins, emphasizing commitment to responsible practices.

November 5, 2024 11:57 UTC

delvingbitcoin

Research Paper on LN Payment Censorship
  • Research exposes Lightning Network's vulnerability to censorship by network-level adversaries.
  • Malicious Autonomous Systems could selectively disrupt LN payments by manipulating specific message types.
  • Mitigation strategies include using Tor and adaptive padding, though network centralization remains a concern.

November 4, 2024 18:29 UTC

bitcoin-dev

File Format for Wallet Inheritance and Recovery
  • Robert Netzke proposes a new file format for Bitcoin wallets' easier inheritance and interoperability.
  • The format stores public metadata for simpler recovery and service compatibility, with a Rust reference implementation.
  • It seeks feedback, hinting at PSBT-based encoding to ease developer adoption and refine the proposal.

November 4, 2024 17:45 UTC

bitcoin-dev

libsecp256k1 v0.6.0 released
  • Version 0.6.0 of libsecp256k1 introduces a MuSig2 module and various updates.
  • It adds a more secure method to clear secrets, enhancing library security.
  • The update, removing unused functions, simplifies and streamlines the library.

November 4, 2024 15:40 UTC

delvingbitcoin

SuperScalar: Laddered Timeout-Tree-Structured Decker-Wattenhofer Factories With Pseudo-Spilman Leaves
  • The SuperScalar mechanism addresses the LSP Last-Mile Problem for new Bitcoin Lightning Network users.
  • It introduces a system with Decker-Wattenhofer channel factories and pseudo-Spilman leaves for better liquidity and security.
  • The mechanism provides onchain services, ensures protection against old state poisoning, and is designed without changing Bitcoin's blockchain consensus.

November 4, 2024 15:34 UTC

bitcoin-dev

Bitcoin PoW locked outputs with arbitrary difficulty
  • Bitcoin transaction security is enhanced by a novel PoW scheme allowing granular difficulty adjustments.
  • This new method uses a fixed set of signatures and private keys for more efficient and flexible adjustments.
  • It represents a significant advancement by providing a scalable solution for securing transactions.

November 4, 2024 13:06 UTC

bitcoin-dev

Bitcoin Core 27.2 released
  • Bitcoin Core version 27.2 is now available for download, featuring bug fixes and enhancements.
  • The update supports various operating systems, with detailed upgrade instructions provided.
  • Significant improvements include fixes in P2P connections, initialization, and RPC calls.

November 4, 2024 10:50 UTC

delvingbitcoin

Bitcoin Core 27.2 Released
  • Bitcoin Core version 27.2 is now available, featuring fixes and performance enhancements.
  • Upgrade involves shutting down old version, with support for Windows, macOS, and Linux systems.
  • Significant changes address P2P, system stability, and functionality, thanks to community contributions.

Ongoing Discussions

November 10, 2024 19:32 UTC

delvingbitcoin

Privately sending payments while offline with BOLT12

5 replies

  • The discussion compares two LNURL-withdraw integration methods for POS devices.
  • The first uses static links via NFC, raising security concerns.
  • The second proposes rolling URIs for enhanced security, despite LNURL's drawbacks.

November 6, 2024 19:16 UTC

delvingbitcoin

Empirical Data Analysis of Fee Rate Forecasters for ASAP (next-block) Fee Estimation

1 reply

  • The discussion explores a Smart Mempool-Based Forecaster for predicting blockchain transactions.
  • It critiques using confirmation status over recent transactions for block inclusion.
  • Suggests using transactions from the last 10 minutes may improve block creation efficiency.

November 4, 2024 23:59 UTC

delvingbitcoin

A Fast, Scalable Protocol For Resolving Lightning Payments

8 replies

  • Alice's failure to update the channel state off-chain pressurizes Bob into a costly decision.
  • Network unreliability complicates distinguishing between delays and malicious actions, raising error rates.
  • OPR enhances transaction speed at the cost of higher capital requirements, affecting casual users.

November 4, 2024 21:06 UTC

delvingbitcoin

Great Consensus Cleanup Revival

49 replies

  • A specific attack on SPV in Bitcoin could trick lite clients with a fake 64-byte transaction.
  • Proposed solutions include a soft fork for tree depth commitment or disallowing 64-byte transactions.
  • Security enhancements focus on direct fixes or systemic updates, balancing complexity and operability.

November 4, 2024 10:57 UTC

delvingbitcoin

Libbitcoin for Core people

10 replies

  • The email compares Libbitcoin and Bitcoin Core's data models, focusing on efficiency and block processing.
  • Libbitcoin uses parallel processing for blocks, contrasting with Bitcoin Core's sequential method.
  • It suggests a balanced model could optimize both initial downloads and block validation for diverse needs.
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