This week’s newsletter briefly describes two discussions on the Bitcoin-Dev mailing list, one about Bitcoin vaults and one about reducing the size of public keys used in taproot. This week’s newsletter announces the latest C-Lightning release, requests help testing a Bitcoin Core release candidate, describes discussions about simplified LN commitments using CPFP carve-out, and summarizes several top-voted questions and answers from the Bitcoin Stack Exchange. In this monthly feature, we highlight some of the top-voted questions and answers posted since our last update. All developers interested in these features which may be added to Bitcoin in the future are encouraged to review the study material, especially developers participating in the taproot review described in last week’s newsletter. ● Publication of videos and study material from schnorr/taproot workshop: Optech published a blog post with links to videos, Jupyter notebooks, gadzooksdesign.com GitHub repositories, and more information produced for the schnorr and taproot workshops held in San Francisco and New York City last month. After describing at length both the basic protocol and several possible variations, Bishop made a second post describing one case where it would still be possible to steal from the vaults, although he also suggests a partial mitigation that would limit losses to a percentage of the protected funds and he requests proposals for the smallest necessary change to Bitcoin’s consensus rules to fully mitigate the risk.
1153 adds experimental support for multipath payments that allow a payment to be split into two or more parts that can be sent over different routes, allowing a user with multiple open channels to spend funds from each of those channels. It’s expected that this code may need to be tweaked as other LN software also finish their own multipath payment implementations and as real-world data is acquired on the performance of the splitting and routing algorithms. Although this advantage only benefits people spending from bech32 and other segwit addresses, it’s another reason to expect people and organizations will increasingly request your software and services pay bech32 addresses in the near future. One of these coordinates is odd and one is even, so the oddness bit allows verifiers to pick the correct coordinate, preventing them from having to try both combinations during verification (which would slow down verification in general and eliminate any benefits from batch signature verification). Week 22 of 24 in a series about allowing the people you pay to access all of segwit’s benefits.
CHECKSEQUENCEVERIFY (CSV) could allow users to detect and block attempts to steal their money by a thief who had gained access to the user’s private keys, a capability previously referred to as providing Bitcoin vaults. For a given fee, it’s expected that users of segwit will sometimes wait less time for confirmation than legacy users, with native segwit users gaining the greatest advantage. For some users, such as traders attempting arbitrage across exchanges, saving money may not be as important as faster confirmation for the same amount of money. Your trading fee percentage depends on your trading volume in the past 30 days and the amount of BNB you hold. We see that, in general, it takes longer for a transaction to confirm the less you pay-but users of segwit can often pay less per transaction for the same amount of waiting. ● Help test Bitcoin Core release candidate: experienced users are encouraged to help test the latest release candidates for the upcoming version of Bitcoin Core. These include web, mobile, and desktop applications and although they have some security measures in place, they are more susceptible to various attacks and attempts to steal your bitcoins.
Bitcoin Dominance Index (BDI) is a metric that measures the percentage of the total market capitalization of all cryptocurrencies that is held by Bitcoin. In these estimates, the variation in confirmation speed for different transaction types all paying the same total fee can be more than 6 blocks (about an hour on average). The sums become more significant, and the spammers lose their money. It will not generate any money for the developers, and only depletes their source of income. Installing AdBlock and cutting the habit of clicking the bright and blinking ads on different websites will secure you of this source of malware injection. There are hundreds of so-called Bitcoin “faucets” where you can receive regular satoshis by performing some simple tasks, from clicking on the banners and links to entering a captcha. There are also a ton of Go packages that implement Postgres drivers, which is helpful because I wrote the program for collecting stats in Go. Are there any alternative trading platforms similar to Bitcoin News Trader? Above the glass door there was a leaded window depicting a man in white. There are at least hundreds if not thousands of cryptocurrencies right now.