Technical - Hamster Kombat

A Last Resort: Un'FE'd Covenants For Bitcoin

Jeremy Rubin released a proposal two weeks ago titled Un’FE’d Covenants (FE = Functional Encryption). Given the ongoing debate over covenant proposals for Bitcoin the last year or two, his…

Admin December 16, 2024

Crypto Currency, Opinion Recovery Seed Backup

Why and How to Backup Your Bitcoin

If you’ve bought bitcoin, chances are that you want to self-custody. Without self-custody, you don’t really have bitcoin, so why wouldn’t you? Using a hardware device to set up an…

Admin December 11, 2024

Crypto Currency, News Technical

Wabisabi Deanonymization Vulnerability "Disclosed"

GingerWallet, the fork of WasabiWallet maintained by former zkSNACKs employees after the shut down of the Wasabi coinjoin coordinator, has received a vulnerability report from developer drkgry. This vulnerability would…

Admin December 9, 2024

Crypto Currency, Joules Mining

The Joule Paradox: Energy sets the value of bitcoin and bitcoin sets the value of energy

Early in our thinking about the interaction between bitcoin and energy it became obvious to me that the value of bitcoin was fundamentally underpinned by the amount of energy that…

Admin December 6, 2024

Crypto Currency, Opinion Technical

Bitcoin Developers Move to Gauge Consensus on Covenants Soft Forks

A small, but significant development in Bitcoin’s much-debated decentralized consensus process is taking place, with some developers moving to publicly gauge sentiment of warring soft fork proposals that would augment…

Admin December 4, 2024

Crypto Currency, Libsecp256k1 Opinion

Safegcd’s Implementation Formally Verified

IntroductionThe security of Bitcoin, and other blockchains, such as Liquid, hinges on the use of digital signatures algorithms such as ECDSA and Schnorr signatures. A C library called libsecp256k1, named…

Admin November 25, 2024

BitVM BitVM Pegs Crypto Currency,

How Viable Are BitVM Based Pegs?

BitVM earlier this year came under fire due to the large liquidity requirements necessary in order for a rollup (or other system operator) to process withdrawals for the two way…

Admin November 21, 2024

ColliderScript Covenants Crypto Currency,

ColliderScript: A $50M Bitcoin Covenant With No New Opcodes

While the last year or two have seen a number of proposals for covenant-proposing extensions to Bitcoin, there has always been a suspicion among experts that covenants may be possible…

Admin November 14, 2024

Crypto Currency, Opinion Technical

The Metric That Matters for the Lightning Network

The Lightning Network is a revolutionary scaling solution for Bitcoin, enabling fast and inexpensive payments that make everyday transactions with Bitcoin possible. As the network grows, it’s essential to measure…

Admin November 1, 2024

Crypto Currency, Opinion Shielded Client Side Validation

Shielded CSV Protocol 🛡️

IntroductionBitcoin development today focuses on two major issues: (1) scaling and (2) privacy. The usual proposals to Bitcoin involve adding new opcodes and scripting tools. But an old idea is…

Admin November 1, 2024