Episodes
Mark “Murch” Erhardt and Mike Schmidt are joined by Andrew Toth, Antoine Poinsot, and Tony Klausing to discuss ⁠Newsletter #304⁠. News Upgrading existing LN channels (1:27) Challenges in rewarding pool miners (6:58) Spending previously received SP outputs (12:40) Proposed miniscript BIP (21:32) Channel value pegging (31:42) Changes to services and client software Silent payment resources (43:50) Cake Wallet adds silent payments (46:14) Coordinator-less coinjoin PoC...
Published 05/27/24
Mark “Murch” Erhardt and Mike Schmidt are joined by Adam Gibson to discuss ⁠Newsletter #303⁠. News Anonymous usage tokens (1:58) BIP39 seed phrase splitting (31:48) Alternative to BitVM (38:05) Continued discussion about updating BIP2 (40:41) Releases and release candidates LND v0.18.0-beta.rc2 (44:25) Notable code and documentation changes Core Lightning #7190 (44:51) LDK #2973 (46:18) LDK #2907 (48:21) BDK #1403 (48:59) BIPs #1458 (50:57)
Published 05/21/24
Mark “Murch” Erhardt and Dave Harding are joined by Calvin Kim to discuss ⁠Newsletter #302⁠. News Release of utreexod beta (0:56) BIP119 extensions for smaller hashes and arbitrary data commitments (20:15) Releases and release candidates LDK v0.0.123 (25:16) LND v0.18.0-beta.rc2 (26:08) Notable code and documentation changes Bitcoin Core #29845 (28:16) Core Lightning #7111 (29:34) Libsecp256k1 #1518 (32:04) Rust Bitcoin #2707 (34:30) BIPs #1389 (37:29) BIPs...
Published 05/16/24
Mark “Murch” Erhardt and Mike Schmidt are joined by Ethan Heilman and Gloria Zhao to discuss ⁠Newsletter #301⁠. News Consensus-enforced lamport signatures on top of ECDSA signatures (1:00) Bitcoin Core PR Review Club Index TxOrphanage by wtxid, allow entries with same txid (31:04) Releases and release candidates Libsecp256k1 v0.5.0 (51:15) LND v0.18.0-beta.rc1 (52:12) Notable code and documentation changes Bitcoin Core #28970 (26:33) Bitcoin Core #28016 (53:05) ...
Published 05/09/24
Mark “Murch” Erhardt and Mike Schmidt are joined by Tadge Dryja to discuss ⁠Newsletter #300⁠. News CTV-like exploding keys proposal (0:59) Analyzing a contract protocol with Alloy (13:07) Arrests of Bitcoin developers (22:37) CoreDev.tech Berlin event (28:53) Releases and release candidates Bitcoin Inquisition 25.2 (31:35) LND v0.18.0-beta.rc1 (35:59) Notable code and documentation changes Bitcoin Core #27679 (36:48) Core Lightning #7240 (39:39) Eclair #2851...
Published 05/02/24
Mark “Murch” Erhardt and Mike Schmidt are joined by Gregory Sanders to discuss ⁠Newsletter #299⁠. News Weak blocks proof-of-concept implementation (0:56) BIP editors update (20:08) Selected Q&A from Bitcoin Stack Exchange Where exactly is the off-by-one difficulty bug? (26:44) How is P2TR different than P2PKH using opcodes from a developer perspective? (32:10) Are replacement transactions larger in size than their predecessors and than non-RBF transactions? (34:15) ...
Published 04/25/24
Mark “Murch” Erhardt and Mike Schmidt discuss ⁠Newsletter #298⁠. News What would have happened if cluster mempool had been deployed a year ago? (0:42) Changes to services and client software Phoenix for server announced (19:26) Mercury Layer adds Lightning swaps (21:32) Stratum V2 Reference Implementation v1.0.0 released (22:46) Teleport Transactions update (25:09) Bitcoin Keeper v1.2.1 released (28:10) BIP-329 label management software (29:02) Key agent Sigbash...
Published 04/19/24
Dave Harding and Mike Schmidt are joined by Kulpreet Singh, Chris Stewart, Jameson Lopp, and Joost Jager to discuss ⁠Newsletter #297⁠. News DSL for experimenting with contracts (1:24) Updating BIP2 (15:50) Discussion about resetting and modifying testnet (21:00) Bitcoin Core PR Review Club Implement 64 bit arithmetic op codes in the Script interpreter (37:19) Releases and release candidates HWI 3.0.0 (46:17) Core Lightning 24.02.2 (48:06) Bitcoin Core 27.0rc1...
Published 04/15/24
Mark “Murch” Erhardt and Mike Schmidt are joined by Antoine Poinsot to discuss ⁠Newsletter #296⁠. News Revisiting consensus cleanup (0:46) Choosing new BIP editors (27:21) Releases and release candidates Bitcoin Core 26.1 (37:22) Bitcoin Core 27.0rc1 (39:09) HWI 3.0.0-rc1 (39:40) Notable code and documentation changes Bitcoin Core #27307 (40:59) Bitcoin Core #29242 (43:50) Core Lightning #7094 (52:59) BDK #1351 (54:41)
Published 04/04/24
Mark “Murch” Erhardt and Mike Schmidt are joined by Dave Harding, Peter Todd, Abubakar Sadiq Ismail, David Gumberg, and Jeffrey Czyz to discuss Newsletter #295. News Disclosure of free relay attack (1:22) Transaction fee sponsorship improvements (9:55) Mempool-based feerate estimation (34:49) Selected Q&A from Bitcoin Stack Exchange What are the risks of running a pre-SegWit node (0.12.1)? (50:30) When is OP_RETURN cheaper than OP_FALSE OP_IF? (55:51) Why does...
Published 03/28/24
Mark “Murch” Erhardt and Mike Schmidt are joined by Sebastian Falbesoner, Anthony Towns, and Russell O’Connor to discuss ⁠Newsletter #294⁠. News BIP324 proxy for light clients (1:20) Overview of BTC Lisp (10:44) Changes to services and client software BitGo adds RBF support (38:59) Phoenix Wallet v2.2.0 released (40:11) Bitkey hardware signing device released (44:19) Envoy v1.6.0 released (47:49) VLS v0.11.0 released (49:22) Portal hardware signing device...
Published 03/21/24
Mark “Murch” Erhardt and Mike Schmidt are joined by ZmnSCPxj, Anthony Towns, and Armin Sabouri to discuss Newsletter #293. News Trustless onchain betting on potential soft forks (1:11) Overview of Chia Lisp for Bitcoiners (14:06) Bitcoin Core PR Review Club Re enable `OP_CAT` (35:48) Releases and release candidates Core Lightning v24.02.1 (50:33) Bitcoin Core 26.1rc1 (51:03) Bitcoin Core 27.0rc1 (52:11) Notable code and documentation changes LND #8136 (54:58) ...
Published 03/14/24
Mark “Murch” Erhardt and Dave Harding are joined by Josie Baker, Salvatore Ingala, and Fabian Jahr to discuss ⁠Newsletter #292⁠. News Updating BIP21 `bitcoin:` URIs (18:07) PSBTs for multiple concurrent MuSig2 signing sessions (46:30) Discussion about adding more BIP editors (58:33) GitLab backup for Bitcoin Core GitHub project (1:11) Releases and release candidates Eclair v0.10.0 (1:03:24) Bitcoin Core 26.1rc1 (1:05:18) Notable code and documentation changes ...
Published 03/07/24
Mark “Murch” Erhardt and Mike Schmidt are joined by Richard Myers, Rijndael, Luke Dashjr, and Jason Hughes to discuss Newsletter #291. News Trustless contract for miner feerate futures (1:31) Coin selection for liquidity providers (7:18) Simple vault prototype using `OP_CAT` (21:15) Sending and receiving ecash using LN and ZKCPs (44:44) Selected Q&A from Bitcoin Stack Exchange Why can't nodes have the relay option to disallow certain transaction types? (49:41) What is...
Published 03/01/24
Mark “Murch” Erhardt and Mike Schmidt are joined by Gloria Zhao, callebtc, Chris Stewart, Fabian Jahr, and Pierre Corbin to discuss ⁠Newsletter #290⁠. News DNS-based human-readable Bitcoin payment instructions (1:41) Thinking about mempool incentive compatibility (9:50) Cashu and other ecash system design discussion (29:15) Continued discussion about 64-bit arithmetic and `OP_INOUT_AMOUNT` opcode (39:52) Improved reproducible ASMap creation process (49:17) Changes to services...
Published 02/22/24
Dave Harding and Mike Schmidt are joined by Gregory Sanders and Gloria Zhao to discuss Newsletter #289. News Ideas for relay enhancements after cluster mempool is deployed (1:11) What would have happened if v3 semantics had been applied to anchor outputs a year ago? (25:55) Bitcoin-Dev mailing list move (35:47) I Love Free Software Day (37:56) Bitcoin Core PR Review Club Add `maxfeerate` and `maxburnamount` args to `submitpackage` (39:57) Notable code and documentation...
Published 02/15/24
Dave Harding and Mike Schmidt are joined by Bastien Teinturier and Eugene Siegel to discuss Newsletter #288. News Public disclosure of a block stalling bug in Bitcoin Core affecting LN (1:26) Securely opening zero-conf channels with v3 transactions (17:08) Requirement to verify inputs use segwit in protocols vulnerable to txid malleability (27:00) Proposal for replace by feerate to escape pinning (35:21) Bitcoin-Dev mailing list migration update (51:15) Releases and release...
Published 02/08/24
Mark “Murch” Erhardt and Mike Schmidt are joined by Gloria Zhao and Brandon Black to discuss ⁠Newsletter #287⁠. News Kindred replace by fee (1:10) Opposition to CTV based on commonly requiring exogenous fees (19:11) Selected Q&A from Bitcoin Stack Exchange How does block synchronization work in Bitcoin Core today? (28:14) How does headers-first prevent disk-fill attack? (30:31) Is BIP324 v2transport redundant on Tor and I2P connections? (33:57) What's a rule of thumb...
Published 02/01/24
Mark “Murch” Erhardt and Mike Schmidt are joined by Niklas Gögge, Bastien Teinturier, Anthony Towns, Gloria Zhao, Nicholas Gregory, and Tom Trevethan to discuss ⁠Newsletter #286⁠. News Disclosure of fixed consensus failure in btcd (1:33) Proposed changes to LN for v3 relay and ephemeral anchors (13:40) New documentation repository (29:56) Changes to services and client software Envoy 1.5 released (45:41) Liana v4.0 released (46:39) Mercury Layer announced (47:46) AQUA...
Published 01/26/24
Mark “Murch” Erhardt and Mike Schmidt are joined by Brandon Black, Chris Stewart, Gregory Sanders, and Oliver Gugger to discuss ⁠Newsletter #285⁠. News Disclosure of past vulnerability in Core Lightning (2:15) New LNHANCE combination soft fork proposed (4:59) Proposal for 64-bit arithmetic soft fork (21:08) Overview of cluster mempool proposal (38:25) Updated specification and implementation of Bitcoin transaction compression (45:22) Discussion of Miner Extractable Value...
Published 01/18/24
Mark “Murch” Erhardt and Mike Schmidt are joined by Gloria Zhao, Gregory Sanders, Dave Harding, and Stéphan Vuylsteke to discuss Newsletter #284. News Discussion about LN anchors and v3 transaction relay proposal (1:03) LN-Symmetry research implementation (35:03) Bitcoin Core PR Review Club Nuke adjusted time (attempt 2) (50:01) Notable code and documentation changes LND #8308 (1:05:06)
Published 01/11/24
Mark “Murch” Erhardt and Mike Schmidt are joined by Niklas Gögge, Antoine Riard, Abubakar Sadiq Ismail, Gloria Zhao, Salvatore Ingala, Johan Torås Halseth and SeedHammer Team to discuss Newsletter #283. News Disclosure of past LND vulnerabilities (2:07) Fee-dependent timelocks (25:09) Cluster fee estimation (8:32) How to specify unspendable keys in descriptors (17:48) V3 transaction pinning costs (34:14) Descriptors in PSBT draft BIP (48:19) Verification of arbitrary...
Published 01/04/24
Mark “Murch” Erhardt, Dave Harding, and Mike Schmidt discuss ⁠Newsletter #282: 2023 Year-in-Review Special⁠. January Bitcoin Inquisition (10:59) Swap-in-potentiam (14:03) BIP329 wallet label export format (19:32) February Ordinals and inscriptions (20:22) Bitcoin Search, ChatBTC, and TL;DR (41:50) Peer storage backups (43:40) LN quality of service (44:10) HTLC endorsement (47:31) Codex32 (48:33) March Hierarchical channels (50:57) Summary 2023: Soft...
Published 12/27/23
Mark “Murch” Erhardt and Dave Harding are joined by Bastien Teinturier and Rodolfo Novak to discuss Newsletter #281. News Discussion about griefing liquidity ads (0:46) Changes to services and client software Stratum v2 mining pool launches (15:43) Bitcoin network simulation tool warnet announced (16:31) Payjoin client for Bitcoin Core released (17:30) Call for community block arrival timestamps (18:44) Envoy 1.4 released (21:41) BBQr encoding scheme announced...
Published 12/19/23
Mark “Murch” Erhardt and Mike Schmidt are joined by Pieter Wuille and Matthew Zipkin to discuss Newsletter #280. News Cluster mempool discussion (0:57) Testing with warnet (32:42) Bitcoin Core PR Review Club Testing Bitcoin Core 26.0 Release Candidates (43:18) Releases and release candidates Bitcoin Core 26.0 (45:30) LND 0.17.3-beta.rc1 (57:41) Notable code and documentation changes Bitcoin Core #28848 (58:49) LDK #2540 (59:49)
Published 12/07/23