Bitcoin TLDR

#114

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Summary

Jan 26 - Jan 30, 2026

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The latest version of libsecp256k1, version 0.7.1, has been released, featuring enhancements in security, a new testing framework, and build system updates aimed at improving the development process and security for its users. A comprehensive changelog detailing the updates is available for developers and users to fully grasp the scope of the improvements. The release was announced to the Bitcoin Development Mailing List, with further details and download options accessible on the official GitHub release page here.

A recent initiative aims at advancing Bitcoin's authorization policies by introducing a novel encoding mechanism for complex boolean logic in transaction validation, addressing the limitations of traditional methods like threshold/multisignatures and scripts. This development enables nuanced control over who can spend bitcoins without compromising privacy or efficiency by compiling a monotone boolean policy into a single signature verification key, thus keeping the policy complexity off-chain. The approach utilizes cryptographic primitives such as MuSig2, Elliptic Curve Diffie-Hellman (ECDH), and Non-Interactive Zero-Knowledge proofs to ensure privacy and security while maintaining expressiveness in digital currency transactions. For more information, including a detailed academic paper and an explainer blog post, visit https://eprint.iacr.org/2026/088.pdf and https://hackmd.io/@olkurbatov/HJm5h0JH-l, with the framework's codebase available for community feedback at https://github.com/zero-art-rs/blisk.

Active Discussions

Addressing remaining points on BIP 54

12 replies

By Antoine Riard

Involving Antoine Poinsot, Matt Corallo+3 others

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Original post on December 30, 2025 15:59 UTC

cyclic icon

Last reply on January 14, 2026 18:58 UTC

bitcoin-dev

  • Antoine discusses enhancing Bitcoin coinbase transaction uniqueness post-BIP34 and proposes BIP54.

  • He identifies issues with pre-BIP34 transactions and suggests BIP54 could replace BIP30 checks.

  • Antoine favors using nLocktime for uniqueness over adding op_return, dismissing cryptoeconomic attack concerns.

Falcon Post-Quantum Signature Scheme Proposal

11 replies

By Mikhail Kudinov

Involving Giulio Golinelli, conduition+2 others

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Original post on January 22, 2026 07:01 UTC

cyclic icon

Last reply on January 27, 2026 16:07 UTC

bitcoin-dev

  • Lattice-Based cryptographic methods are being reviewed for their post-quantum potential.

  • SNARK/STARK's quantum resistance is acknowledged but not yet deemed crucial.

  • Quantum computing's rise prioritizes the need for quantum-resistant cryptographic frameworks.

Benchmarking Bitcoin Script Evaluation for the Varops Budget (Great Script Restoration)

15 replies

By rustyrussell

Involving Julian, ajtowns+2 others

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Original post on November 7, 2025 15:14 UTC

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Last reply on January 26, 2026 05:31 UTC

delvingbitcoin

  • Blockchain concerns involve shifts from theoretical vulnerabilities to practical exploitations.

  • The discussion includes improving computational efficiency and benchmarking in blockchain operations.

  • It emphasizes a balance between preparing for worst-case scenarios and acknowledging practical usage limitations.

SHRINCS: 324-byte stateful post-quantum signatures with static backups

13 replies

By conduition

Involving jonasnick, moonsettler

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Original post on December 11, 2025 08:40 UTC

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Last reply on January 27, 2026 06:38 UTC

delvingbitcoin

  • The dialogue critiques a TPM-based security method due to synchronization and race condition issues.

  • An alternate strategy of state commitments with an independent interface is suggested for security.

  • The conversation encourages exploring different technologies for protection against advanced threats.

Major BIP 360 Update

10 replies

By sipa

Involving cryptoquick, ajtowns+3 others

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Original post on December 19, 2025 20:46 UTC

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Last reply on February 1, 2026 03:09 UTC

delvingbitcoin

  • The email critiques BIP-360 for omitting taproot, questioning its misleading name.

  • It highlights the confusion in BIP-360's script rules, possibly classifying leaves as anyone-can-spend.

  • A renaming to "pay to script tree hash" is suggested for clarity and integrity.

Disposing of "dust attack" UTXOs

8 replies

By AdamISZ

Involving bubb1es, 0xB10C+2 others

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Original post on January 25, 2026 17:20 UTC

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Last reply on January 30, 2026 19:17 UTC

delvingbitcoin

  • Broadcasting transactions via personal IP can compromise security and privacy in blockchain technologies.

  • Full nodes provide a defense against network attacks aimed at de-anonymizing users, but aren't foolproof.

  • The discussion explores potential privacy measures, yet their effectiveness remains uncertain amid technical challenges.

Scheduled (Delayed) Transaction Broadcast

8 replies

By optout

Involving ArmchairCryptologist, arminsdev+2 others

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Original post on December 8, 2025 14:46 UTC

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Last reply on January 28, 2026 19:32 UTC

delvingbitcoin

  • The feature allows setting a transaction's execution time, enhancing Bitcoin wallet functionality.

  • It offers a solution for executing transactions later without keeping the system on.

  • Users can choose between block height and physical time for scheduling, with no significant difference.

Hornet UTXO(1): A custom, constant-time, highly parallel UTXO database

8 replies

By stickies-v

Involving tobysharp, jsarenik+2 others

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Original post on January 11, 2026 21:25 UTC

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Last reply on January 28, 2026 18:08 UTC

delvingbitcoin

  • Toby's project features a disk-stored TXO database and an in-memory UTXO index.

  • The project is exploring the scalability and storage needs at the latest blockchain height.

  • There's interest in possibly pruning spent outputs, though it may conflict with current design choices.

Bithoven: A Formally Verified, Imperative Smart Contract Language for Bitcoin

6 replies

By ChrisCho-H

Involving GaloisField2718, Nuh+1 other

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Original post on January 6, 2026 18:23 UTC

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Last reply on January 26, 2026 05:56 UTC

delvingbitcoin

  • Bithoven allows more open witness data access compared to Simplicity, but limits opcode management.

  • An experimental introspection method using Solidity is shared, highlighting transaction verification via cryptographic checks.

  • The author suggests a simpler introspection syntax for Bithoven, emphasizing ease and safety.

A quantum resistance script only using op_ctv/op_txhash and no new signatures

4 replies

By simul

Involving reardencode

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Original post on December 18, 2025 23:27 UTC

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Last reply on January 28, 2026 18:20 UTC

delvingbitcoin

  • Secret-reveal sequences in blockchain enhance security against unauthorized transactions.

  • Signature requirements in protocols deter Miner Extractable Value (MEV) attacks by imposing a cost.

  • Protocols use a dual-scenario approach to balance transaction flexibility with stringent security measures.

OP_CAT and Bitcoin’s Path to Quantum Resistance

2 replies

By jsarenik

Involving sCrypt-ts

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Original post on January 20, 2026 09:14 UTC

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Last reply on January 30, 2026 11:21 UTC

delvingbitcoin

  • This summary discusses "short-range" cybersecurity threats requiring close proximity.

  • Short-range attacks impact security by needing physical nearness to devices or networks.

  • Understanding these attacks is crucial for developing stronger defense mechanisms.

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