With another great piece from the Breez-Tech CEO we read and explore the fascinating concept of the Lightning Service Providers. What is their role? How will the market develop? Doesn’t this mean Lightning is centralized? All this and so much more in a great piece from Roy Sheinfeld.
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Today we take a dive into the future of Lightning and one of the amazing developments to make it simpler and more reliable, the new sighash flags referred to as the “Noinput Class.” Who better to take us through it than Aaron Van Wirdum & Bitcoin Magazine?
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With help from the Bitcoin Optech newsletter we cover details and implications of the newly proposed Erlay protocol for spreading transactions quickly and efficiently across the network. An 84% reduction in bandwidth for getting transactions to every node, is certainly nothing to scoff at. With effects on network efficiency and privacy, let’s talk Erlay, Dandelion, & BitcoinOps!
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Today we cover all the incredible new developments coming to Lightning and what they will mean for the future the protocol!
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In the follow-up to yesterday’s article, we are covering Nicolas Dorier’s second article on Neutrino, detailing the systemic risks of widespread SPV, and breaking down the different types and specific consequences of various node setups on the network. With the controversial stance that SPV threatens self-sovereignty more than even custodial wallets, Nicolas cedes no ground. Don’t miss another great article!
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Today we read an article from developer @nicolasdorier that illustrates why Neutrino might not be the panacea some seem to treat it as. It certainly has its benefits, but its important to look critically at every proposal, to ensure we understand what is, not what we wish to be.
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Today we go through a recent blog post by Jameson Lopp and the Casa team that goes into the clever, meticulous design used to ensure the security and recoverability of the mobile key for their Keymaster app.
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“The need for privacy and the long-term sustainability of Bitcoin without block rewards are perhaps two of the most most alarming issues surrounding Bitcoin today.” – Lucas Nuzzi
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Another short but excellent blog post covering the incredible work being done by the team over at @CasaHODL. For the first time we are seeing a user friendly application of one of Bitcoin’s core differentiators. Sovereignty as a service is a beautifully simple idea with huge implications. Don’t miss this short episode and check out the other awesome tools and products at https://blog.keys.casa/
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Cypherpunks write code! Last year we received a published paper detailing the advantages of the new MuSig Multisignature Scheme, this year we get the code.
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