Bitcoin TLDR

#120

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Summary

May 17 - May 17, 2026

Our weekly newsletter is focused on keeping you updated on what's new in Bitcoin, and summarizes the bitcoin-dev, lightning-dev and delving bitcoin mailing lists

UltrafastSecp256k1 v4.0 introduces a significant upgrade to the cryptographic capabilities of Bitcoin Core, providing an alternative backend that enhances performance without replacing the existing libsecp256k1. The new engine, which integrates seamlessly through a shim layer compatible with the secp256k1.h API, allows for easy switching between cryptographic backends during the build process using a simple CMake flag. This compatibility ensures that all previous functionalities of Bitcoin Core are retained, facilitating controlled performance assessments and selective usage under specific conditions.

Performance tests on UltrafastSecp256k1 v4.0, using an Intel i5-14400F processor, demonstrate up to 35% faster transaction signing and script verification speeds, and modest improvements in block validation through mixed signature operations. These benchmarks are well-documented, reproducible, and available for review in the project’s repository documentation (BITCOIN_CORE_BENCH_RESULTS.json).

In terms of security, the new version scores a perfect 100/100 on the Continuous Audit and Assurance System (CAAS), thoroughly examining each commit against potential attack vectors and CVEs to ensure robustness. Additionally, the adherence to best practices such as deterministic builds and Secure Software Supply Chain (SLSA) provenance marks a significant step towards enhancing transparency and reliability in software development and distribution.

Overall, UltrafastSecp256k1 v4.0 represents a substantial enhancement in the security and performance of Bitcoin Core’s cryptographic functions, backed by rigorous documentation and continuous integration across various platforms. This makes it an invaluable asset for developers and researchers within the cryptographic community. For further details, the complete suite of documentation and tools can be accessed on the project’s GitHub page (UltrafastSecp256k1).

Active Discussions

[BIP Draft] P2P UTXO Set Sharing

14 replies

By Eric Voskuil

Involving Fabian, eric+4 others

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Original post on May 5, 2026 15:36 UTC

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Last reply on May 16, 2026 22:39 UTC

bitcoin-dev

  • The email critiques SPV protocols, emphasizing full transaction validation, not just headers.

  • It questions the trust model for UTXO integrity, fearing centralization may contradict Bitcoin’s ethos.

  • A call is made for revising SPV trust inputs to better reflect Bitcoin’s decentralized goals.

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