Episodes
Mark “Murch” Erhardt and Mike Schmidt are joined by Andrew Toth to discuss Newsletter #327.
News
Timeout tree channel factories (0:50)
Draft BIP for DLEQ proofs (10:53)
Releases and release candidates
BTCPay Server 2.0.0 (20:02)
Notable code and documentation changes
Bitcoin Core #31130 (22:56)
LDK #3007 (25:14)
BIPs #1676 (27:15)
Published 11/05/24
Dave Harding and Mike Schmidt are joined by ZmnSCPxj to discuss his SuperScalar proposal.
Why a deep dive? (0:40)
Proposal overview (1:58)
Importance of reallocating liquidity (4:13)
What about overloading channels with liquidity from the start? (9:42)
Discussion of multi-LSP vs single LSP approaches (13:05)
Ensuring unilateral exit is possible (15:22)
Malicious users forcing unilateral closes (20:21)
Decker–Wattenhofer channels vs John Law's tunable penalties (27:11)
...
Published 10/31/24
Mark “Murch” Erhardt and Mike Schmidt are joined by Elle Mouton and Andrew Toth to discuss Newsletter #326.
News
Updates to the version 1.75 channel announcements proposal (1:36)
Draft BIP for sending silent payments with PSBTs (16:28)
Selected Q&A from Bitcoin Stack Exchange
Duplicate blocks in blk*.dat files? (30:07)
How was the structure of pay-to-anchor decided? (32:45)
What are the benefits of decoy packets in BIP324? (36:38)
Why is the opcode limit 201?...
Published 10/29/24
Mark “Murch” Erhardt and Mike Schmidt are joined by Olaoluwa Osuntokun and Steven Roose to discuss Newsletter #325.
News
LN Summit 2024 notes (0:51)
Changes to services and client software
Coinbase adds taproot send support (49:03)
Dana wallet released (51:53)
Kyoto BIP157/158 light client released (53:20)
DLC Markets launches on mainnet (1:01:39)
Ashigaru wallet announced (1:02:30)
DATUM protocol announced (1:03:10)
Bark Ark implementation announced (1:03:55)
...
Published 10/22/24
Mark “Murch” Erhardt and Mike Schmidt are joined by Antoine Poinsot to discuss Newsletter #324.
News
Disclosure of vulnerabilities affecting Bitcoin Core versions before 25.0 (1:09)
CVE-2024-38365 btcd consensus failure (11:22)
Guide for wallets employing Bitcoin Core 28.0 (23:27)
Bitcoin Core PR Review Club
Add getorphantxs (27:43)
Releases and release candidates
Bitcoin Inquisition 28.0 (26:35)
BDK 1.0.0-beta.5 (31:39)
Notable code and documentation changes
...
Published 10/21/24
Mark “Murch” Erhardt and Mike Schmidt are joined by Bastien Teinturier to discuss Newsletter #323.
News
Impending btcd security disclosure (0:54)
Releases and release candidates
Bitcoin Core 28.0 (3:11)
BDK 1.0.0-beta.5 (15:13)
Notable code and documentation changes
Bitcoin Core #30043 (20:47)
Bitcoin Core #30510 (22:15)
Core Lightning #7644 (25:06)
Eclair #2848 (26:28)
Eclair #2860 (30:57)
Eclair #2861 (29:17)
Eclair #2875 (31:19)
LDK #3303 (40:24)
...
Published 10/08/24
Jon Atack and Mike Schmidt are joined by Gloria Zhao and Jonas Nick to discuss Newsletter #322.
News
Disclosure of vulnerability affecting Bitcoin Core versions before 24.0.1 (2:01)
Hybrid jamming mitigation testing and changes (17:51)
Shielded client-side validation (CSV) (25:28)
Draft of updated BIP process (48:47)
Selected Q&A from Bitcoin Stack Exchange
What specific verifications are done on a fresh Bitcoin TX and in what order? (54:31)
Why is my bitcoin...
Published 10/01/24
Rijndael and Mike Schmidt are joined by Andy Schroder and Virtu to discuss Newsletter #321.
News
Proving UTXO set inclusion in zero knowledge (1:47)
LN offline payments (11:32)
DNS seeding for non-IP addresses (30:00)
Changes to services and client software
Strike adds BOLT12 support (42:15)
BitBox02 adds silent payment support (43:29)
The Mempool Open Source Project v3.0.0 released (45:22)
ZEUS v0.9.0 released (46:39)
Live Wallet adds consolidation support...
Published 09/24/24
Mark “Murch” Erhardt and Mike Schmidt are joined by Bruno Garcia, Shehzan Maredia, Gloria Zhao, Fabian Jahr, and Gregory Sanders to discuss Newsletter #320.
News
Mutation testing for Bitcoin Core (1:39)
DLC-based loan contract execution (9:15)
Bitcoin Core PR Review Club
Testing Bitcoin Core 28.0 Release Candidates (21:08)
Releases and release candidates
LND v0.18.3-beta (51:33)
BDK 1.0.0-beta.2 (53:05)
Bitcoin Core 28.0rc1 (53:14)
Notable code and documentation...
Published 09/18/24
Mark “Murch” Erhardt and Mike Schmidt are joined by Filippo Merli, Lorenzo Bonazzi, Matt Corallo, Eric Voskuil, and rkrux to discuss Newsletter #319.
News
Stratum v2 extension for fee revenue sharing (1:49)
OP_CAT research fund (17:53)
Mitigating merkle tree vulnerabilities (22:43)
Releases and release candidates
Core Lightning 24.08 (55:21)
LDK 0.0.124 (57:59)
LND v0.18.3-beta.rc2 (1:06:19)
BDK 1.0.0-beta.2 (1:06:43)
Bitcoin Core 28.0rc1 (1:07:27)
Notable code...
Published 09/10/24
Mark “Murch” Erhardt and Mike Schmidt are joined by Jay Beddict to discuss Newsletter #318.
News
New Bitcoin Mining Development mailing list (0:48)
Selected Q&A from Bitcoin Stack Exchange
Can a BIP152 compact block be sent before validation by a node that doesn't know all transactions? (15:03)
Did Segwit (BIP141) eliminate all txid malleability issues listed in BIP62? (18:13)
Why are the checkpoints still in the codebase in 2024? (22:35)
Bulletproof++ as generic ZKP...
Published 09/03/24
Mark “Murch” Erhardt and Mike Schmidt are joined by Bob McElrath and moonsettler to discuss Newsletter #317.
News
Simple (but imperfect) anti-exfiltration protocol (0:53)
Changes to services and client software
Proton Wallet announced (23:33)
CPUNet testnet announced (25:38)
Lightning.Pub launches (38:52)
Taproot Assets v0.4.0-alpha released (39:45)
Stratum v2 benchmarking tool released (41:31)
STARK verification PoC on signet (42:52)
SeedSigner 0.8.0 released...
Published 08/27/24
Mark “Murch” Erhardt and Mike Schmidt are joined by Bastien Teinturier and Hennadii Stepanov to discuss Newsletter #316.
News
New time warp vulnerability in testnet4 (1:05)
Onion message DoS risk discussion (14:20)
Optional identification and authentication of LN payers (28:04)
Bitcoin Core switch to CMake build system (36:15)
Releases and release candidates
BDK 1.0.0-beta.1 (53:55)
Core Lightning 24.08rc2 (54:10)
LND v0.18.3-beta.rc1 (54:29)
Notable code and...
Published 08/20/24
Mark “Murch” Erhardt and Mike Schmidt are joined by Matt Corallo, Greg Sanders, Sivaram Dhakshinamoorthy to discuss Newsletter #315.
News
Faster seed exfiltration attack (1:24)
Block withholding attacks and potential solutions (17:21)
Statistics on compact block reconstruction (21:47)
Replacement cycle attack against pay-to-anchor (36:23)
Proposed BIP for scriptless threshold signatures (42:24)
Optimistic verification of zero-knowledge proofs using CAT, MATT, and Elftrace...
Published 08/13/24
Mark “Murch” Erhardt and Mike Schmidt are joined by Sergi Delgado to discuss Newsletter #314.
News
Disclosure of vulnerabilities affecting Bitcoin Core versions before 22.0 (0:56)
Optimizing block building with cluster mempool (11:23)
Hyperion network event simulator for the Bitcoin P2P network (14:30)
Releases and release candidates
BDK 1.0.0-beta.1 (41:01)
Notable code and documentation changes
Bitcoin Core #30515 (41:36)
Bitcoin Core #30126 (43:00)
Bitcoin...
Published 08/06/24
Mark “Murch” Erhardt and Mike Schmidt discuss Newsletter #313.
News
Varied discussion of free relay and fee bumping upgrades (0:31)
Selected Q&A from Bitcoin Stack Exchange
Why is restructure of mempool required with cluster mempool? (29:54)
DEFAULT_MAX_PEER_CONNECTIONS for Bitcoin Core is 125 or 130? (36:32)
Why do protocol developers work on maximizing miner revenue? (38:34)
Is there an economic incentive to use P2WSH over P2TR? (42:26)
How many blocks per second...
Published 07/30/24
Mark “Murch” Erhardt and Mike Schmidt are joined by Jonas Nick and Pieter Wuille to discuss Newsletter #312.
News
Distributed key generation protocol for FROST (1:37)
Introduction to cluster linearization (28:45)
Changes to services and client software
ZEUS adds BOLT12 offers and BIP353 support (56:15)
Phoenix adds BOLT12 offers and BIP353 support (57:02)
Stack Wallet adds RBF and CPFP support (57:42)
BlueWallet adds silent payment send support (57:59)
BOLT12...
Published 07/23/24
Mark “Murch” Erhardt and Mike Schmidt are joined by Vojtěch Strnad and Fabian Jahr to discuss Newsletter #311.
News (1:00)
Bitcoin Core PR Review Club
Testnet4 including PoW difficulty adjustment fix (15:14)
Releases and release candidates
Bitcoin Core 26.2 (37:23)
LND v0.18.2-beta (37:42)
Notable code and documentation changes
Rust Bitcoin #2949 (40:04)
BDK #1487 (41:20)
Published 07/16/24
Mark “Murch” Erhardt and Mike Schmidt are joined by Antoine Poinsot and Elle Mouton to discuss Newsletter #310.
News
Disclosure of vulnerabilities affecting Bitcoin Core versions before 0.21.0 (0:59)
Adding a BOLT11 invoice field for blinded paths (22:17)
Releases and release candidates
Bitcoin Core 26.2rc1 (36:43)
Notable code and documentation changes
Bitcoin Core #28167 (37:48)
Bitcoin Core #30007 (39:07)
Bitcoin Core #30200 (40:37)
Core Lightning #7342 (41:33)...
Published 07/09/24
Mark “Murch” Erhardt and Mike Schmidt are joined by René Pickhardt to discuss Newsletter #309.
News
Estimating the likelihood that an LN payment is feasible (1:04)
Selected Q&A from Bitcoin Stack Exchange
How is the progress of Initial Block Download (IBD) calculated? (31:25)
What is `progress increase per hour` during synchronization? (33:50)
Should an even Y coordinate be enforced after every key-tweak operation, or only at the end? (34:45)
Signet mobile phone...
Published 07/02/24
Mark “Murch” Erhardt and Mike Schmidt are joined by Jameson Lopp and Valentine Wallace to discuss Newsletter #308.
News
Disclosure of vulnerability affecting old versions of LND (0:54)
Continued discussion of PSBTs for silent payments (7:32)
Changes to services and client software
Casa adds descriptor support (10:55)
Specter-DIY v1.9.0 released (40:52)
Constant-time analysis tool cargo-checkct announced (41:26)
Jade adds miniscript support (43:15)
Ark implementation...
Published 06/25/24
Mark “Murch” Erhardt and Mike Schmidt are joined by Hunter Beast and TheCharlatan to discuss Newsletter #307.
Published 06/19/24
Mark “Murch” Erhardt and Dave Harding are joined by Fabian Jahr, Anthony Towns, and Matt Corallo to discuss Newsletter #306.
News
Upcoming disclosure of vulnerabilities affecting old versions of Bitcoin Core (1:02)
BIP and experimental implementation of testnet4 (10:17)
Functional encryption covenants (24:58)
Updates to proposed soft fork for 64-bit arithmetic (31:27)
`OP_CAT` script to validate proof of work (33:32)
Proposed update to BIP21 (42:12)
Releases and release...
Published 06/11/24
Mark “Murch” Erhardt and Dave Harding are joined by Setor Blagogee, Oghenovo Usiwoma, Pierre Rochard, and Alex Bosworth to discuss Newsletter #305.
News
Light client protocol for silent payments (1:52)
Raw taproot descriptors (14:56)
Should overlapping soft fork proposals be considered mutually exclusive? (28:02)
Selected Q&A from Bitcoin Stack Exchange
What's the smallest possible coinbase transaction / block size? (1:13:32)
Understanding Script's number encoding,...
Published 06/04/24