Crypto news related to blockchains in our crypto & coffee format
Technology Recap: Bitcoin: Arkham Intelligence notes that an unknown address that accumulated more than ~$3B worth of Bitcoin in the last 3 months, making them the 3rd largest Bitcoin wallet, belongs to Robinhood Markets Inc.. Matt Morehouse posted to the Lightning Dev mailing list the summary of a vulnerability that was recently disclosed and is now addressed. The…
Read more Technology Recap: Bitcoin: Peter Todd posted to the Bitcoin-Dev mailing list a recommendation to add a user-chosen expiration date to addresses for silent payments. Dan Gould posted to the Bitcoin-Dev mailing list a draft BIP (Bitcoin Improvement Proposal) for serverless payjoin. Wasabi Wallet v2.0.4 was released which adds features for fee bumping via RBF (Replace-by-Fee) or CPFP (Child-pays-for-Parent). In addition, they have also…
Read more Technology Recap: Bitcoin: The LDK team announced LDK Node v0.1.0. This is a Lightning node Rust library that uses the LDK and BDK libraries to enable developers to quickly setup a self-custodial Lightning node and wallet. Payjoin Dev Kit (PDK) was announced as a Rust library that implements BIP-78 for use in wallets and services that aim to…
Read more Technology Recap: Bitcoin: Updates have been made to the BIP-329 specification which highlights a wallet label export format with a new optional spendable tag. This aims to indicate to the wallet and user whether the associated output should be spendable. This builds off of existing coin control features that are inherent in many wallet software implementations. Ethereum: This…
Read more Technology Recap: Bitcoin: Greg Sanders posted to the Bitcoin-Dev mailing list a description for how the proposed v3 transaction relay rules could potentially allow one to create a coinjoin-style multi-party transaction that would not be vulnerable to transaction pinning. Lightning Labs shares a detailed post on how Lightning channels work and how nodes interact with Hash Time Locked…
Read more Technology Recap: Bitcoin: Binance is working to integrate the Lightning Network for deposits and withdrawals. Thomas Voegtlin posted to the Lightning Dev mailing list suggesting BOLT11 invoices be extended to optionally allow a receiver to request two separate payments from a spender. Each payment would have a separate secret and amount. BTC Warp is introduced which uses zk-SNARKs to…
Read more Technology Recap: Bitcoin: Blockstream announces that the VLS (Validating Lightning Signer) is now fully integrated with Greenlight. With Greenlight, developers can integrate Lightning in their apps seamlessly, while granting users full control over their funds. Ethereum: Vitalik Buterin, founder of Ethereum, releases an article on The Three Transitions, which focuses on layer-2 scaling, wallet security, and privacy.…
Read more Technology Recap: Bitcoin: Burak Keceli posted to the Bitcoin-Dev mailing list an idea for Ark, a new joinpool-style protocol where owners of bitcoins opt-in to using a counterparty as a co-signer on all transactions within a certain time period. Bitcoin core developers released Bitcoin Core v25.0, this is the next major release for Bitcoin Core. The release…
Read more Technology Recap: Bitcoin: Lightning Network developers posted about the ongoing work towards splicing. Splicing would allow some funds in an off-chain Lightning channel to be spent on-chain via a “splice-out” or for on-chain funds to be added to an off-chain channel via a “splice-in”. BTCPay Server adds proof-of-payment on the receipt page for each payment. For on-chain payments,…
Read more Technology Recap: Bitcoin: John Law posts to the Lightning-Dev mailing lists the summary of a paper focused on preventing standard capital with multi-party payment channels and channel factories. Partially-Signed Bitcoin Transaction (PSBT) based exchange, OpenOrdex, launches as open-source and allows sellers to create an order book of Ordinal satoshis using PSBTs and buyers to sign and broadcast to…
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