Bitcoin TLDR

#122

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Summary

Jun 1 - Jun 7, 2026

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The recent discussions on Bitcoin development forums have focused on several key improvements and proposals aimed at enhancing the security and efficiency of the network. A notable proposal aims to introduce a new consensus rule for Bitcoin, targeting the encoding of minimal 64-byte transactions within Merkle Tree internal nodes to prevent SPV malleability issues. This rule would invalidate blocks containing specific 64-byte preimages that could be mistaken for valid transactions, thus enhancing the robustness of the network against certain types of malleability attacks without affecting SegWit transactions (source).

In another development, BIP127 has undergone significant updates, primarily removing the Proof File Format to focus on sections with practical application. This specification has also been upgraded from Draft to Complete, reflecting its stability and utility in the cryptocurrency ecosystem. These changes and their potential impacts can be reviewed in detail in the GitHub pull request titled "BIP-0127: Prune some unfinished part and mark complete" (BIPs PR 2168).

Furthermore, a proposed modification to BIP360 would mandate at least one merkle authentication path in P2MR transactions' control block, aiming to eliminate depth-zero script trees that compromise privacy and efficiency. This change is intended to align P2MR's efficiency with that of P2TR by enforcing a minimum requirement of a depth-1 tree, thus promoting the adoption of best practices and enhancing script robustness (source).

These discussions highlight ongoing efforts to address security vulnerabilities, optimize transaction verification processes, and refine Bitcoin's operational frameworks to better serve the community's evolving needs.

Active Discussions

[BIP Draft] P2P UTXO Set Sharing

25 replies

By Anthony Towns

Involving Eric Voskuil, Fabian+5 others

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Original post on May 5, 2026 15:36 UTC

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Last reply on June 5, 2026 11:24 UTC

bitcoin-dev

  • Bitcoin's nature as a P2P network emphasizes decentralized operations over managed products.

  • The proposal for block snapshots aims to enhance security and accessibility across nodes.

  • Decentralized distribution mitigates risks like censorship and vendor lock-in, aligning with Bitcoin's open ethos.

[BIP Draft] Testnet 5

9 replies

By Pol Espinasa

Involving Anthony Towns, Antoine Poinsot+5 others

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Original post on June 2, 2026 11:24 UTC

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Last reply on June 3, 2026 21:55 UTC

bitcoin-dev

  • Bitcoin developers discuss starting anew rather than adding temporary fixes.

  • A proposal considers making outputs unspendable to mitigate trading risks.

  • Techniques like using a mainnet block hash are planned to ensure network fairness.

One Time Signatures as an Advantage?

5 replies

By Peter Todd

Involving Jason Resch, Anthony Towns+2 others

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Original post on May 20, 2026 17:41 UTC

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Last reply on June 5, 2026 07:54 UTC

bitcoin-dev

  • Anthony Towns introduced a new cryptographic signing technique for Bitcoin.

  • His method enables signing multiple transaction versions with differing fees together.

  • Further details are available through Peter Todd's analysis on his website.

Weak Quantum Bounty Ceremony

5 replies

By conduition

Involving Erik Aronesty, Garlo Nicon+2 others

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Original post on May 30, 2026 17:01 UTC

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Last reply on June 5, 2026 23:46 UTC

bitcoin-dev

  • A method is proposed to test quantum adversaries using cryptographic curves.

  • It suggests fixing \( x \) in proofs to reduce collision risks on 160-bit curves.

  • ZKCPs are recommended if quantum adversaries demand compensation for proofs.

BIP 3 and issues on BIPs

5 replies

By Murch

Involving Anthony Towns

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Original post on May 27, 2026 01:51 UTC

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Last reply on June 5, 2026 11:41 UTC

bitcoin-dev

  • Concerns exist over the efficiency and inclusivity of the BIP criticism process.

  • Some suggest using summaries at the start could improve the BIP process.

  • Skepticism remains about whether these changes would actually increase engagement.

Knowledge Gathering: SPV Proof Applications In the Wild and Proposed

3 replies

By Sergio Demian Lerner

Involving Ekrem BAL, Olaoluwa Osuntokun+1 other

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Original post on May 14, 2026 14:46 UTC

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Last reply on June 5, 2026 03:52 UTC

bitcoin-dev

  • Rootstock uses SPV proofs in its Bitcoin SPV node, enhancing the Bridge smart contract.

  • The decentralized system allows user contributions to maintain Bitcoin blockchain views.

  • Rootstock's reliable architecture has stayed operational since 2018, emphasizing security.

BIP-110 update: v0.4.1 release and implementation submitted to Bitcoin Core

13 replies

By GregTonoski

Involving dathonohm, ArmchairCryptologist+2 others

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Original post on March 31, 2026 23:24 UTC

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Last reply on June 1, 2026 19:10 UTC

delvingbitcoin

  • Your examination of the code shows deep appreciation for @dathonohm's contributions.

  • This relationship suggests a collaborative or mentorship role important to your project.

  • Active engagement with the code signifies development or review in your work process.

Bird of Prey 2: non-malleable Schnorr + PQ signatures

7 replies

By sipa

Involving conduition, AdamISZ

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Original post on May 22, 2026 21:44 UTC

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Last reply on June 6, 2026 15:11 UTC

delvingbitcoin

  • The uniqueness of cryptocurrency signatures has lessened since segregated witness implementation.

  • Vulnerabilities in hybrid cryptographic schemes could jeopardize the entire system's integrity.

  • Hybrid signing may preserve space and enhance efficiency in blockchain's public key management.

Default signet reorg history was the fork at height 287766 (depth 19) deliberate?

6 replies

By pramodkandel

Involving ajtowns, 0xB10C

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Original post on June 5, 2026 11:46 UTC

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Last reply on June 5, 2026 15:50 UTC

delvingbitcoin

  • Blockchain reorganizations ensure stability and security in blockchain protocols.

  • Normal reorgs are identified by a threshold of 6 to 10 blocks.

  • Setting these thresholds helps in designing resilient and trustworthy systems.

Quantum Attack Game Theory

3 replies

By statoshi

Involving micah541

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Original post on May 21, 2026 12:12 UTC

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Last reply on June 5, 2026 18:07 UTC

delvingbitcoin

  • The complexity of calculating Expected Value in blockchain reorganization was discussed.

  • A new tool was developed to analyze fee sniping among Bitcoin miners.

  • These tools help miners make informed decisions on blockchain strategies.

[BIP Draft] Witness Version 3: ML-DSA-65 Post-Quantum Key-Path Spending

2 replies

By conduition

Involving echelonresearch

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Original post on April 16, 2026 08:28 UTC

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Last reply on June 1, 2026 17:41 UTC

delvingbitcoin

  • The proposal to use ML-DSA key commitment limits cryptographic flexibility.

  • ML-DSA-65 was chosen over ML-DSA-44 without clear justification for the security level.

  • Alternatives like SLH-DSA or XMSS could offer better security and efficiency.

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