Another clever & censorship resistant system for identity within the Bitcoin system is being proposed. Called developer Jose Femenias Canuelo has created a system to safely & independently create a static on-chain account system, that would solve the need both of having to reuse Bitcoin addresses, & having to constantly generate new ones for every payment.
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If you’ve heard of statechains but couldn’t understand how they worked, who better to break it down than Aaron Van Wirdum & Bitcoin Magazine? Today we get to read Aaron’s piece on the recently conceptualized “Statechains” from the mind of Ruben Somsen. An entirely different way to think of exchanging Bitcoin, by handing keys to the receiver, rather than sending coins.
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>One of the many amazing technologies coming to Bitcoin, Taproot is one of the most promising improvements to the privacy, efficiency, & capabilities of the Bitcoin system. Another excellent article breaking it all down by Aaron Van Wirdum. Published at BitcoinMagazine.com, today we read & discuss:
“Taproot Is Coming: What It Is, and How It Will Benefit Bitcoin”
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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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“Ever since its inception Bitcoin has never really been private…. Fortunately, spying on Bitcoin users is becoming increasingly difficult.” – Aaron Van Wirdum
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The 4th in the excellent Genesis Files Series from Aaron Van Wirdum (@AaronvanW) and Bitcoin Magazine (@BitcoinMagazine). Today we read about BitGold and How Nick Szabo (@NickSzabo4) was “Inches From Inventing Bitcoin.”
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“Dai would become best known for an idea he casually announced in November 1998… ‘I hope this is a step toward making crypto-anarchy a practical as well as theoretical possibility.’ He called his proposal B-Money.” – Aaron Van Wirdum
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Covering the weeks top stories with Bitcoin Magazine’s Week in Review – Looking to the Past and the Future.
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Eric Kuebler at Bitcoin magazine gives us an introduction into Tari, the sidechain for digital assets and the Lightning Network built on top of Monero. Learn more in today’s Quik Read!
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Splicing Payments, Submarine Swaps, Atomic Swaps, Dual-Funded Channels, Eltoo, Channel Factories, AMPS, and More! Listen to Aaron‘s recent article to hear more of the awesome potential and the future of the Lightning Network. Listen to the end for a special thank you for all the incredible work at Bitcoin Magazine and the always reliable Aaron Van Wirdum!
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