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Bitcoin Optech Newsletter #416 Recap Podcast

Bitcoin Optech ·

Mark “Murch” Erhardt, Gustavo Flores Echaiz, and Mike Schmidt are joined by Rob Hamilton, PortlandHODL, Chandra Pratap, and fabohax to discuss Newsletter #416.

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The Bitcoin Optech Podcast and transcription content is licensed Creative Commons CC BY-SA 2.0

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Action items

  • Move funds secured by COLDCARD-generated keys (1:07)

News

  • Wallets generated by COLDCARD at risk of theft (2:18)
  • Disclosure of two DoS vulnerabilities in Core Lightning (36:26)
  • Proof of concept for a zero-knowledge proof of reserves (49:54)

Selected Q&A from Bitcoin Stack Exchange

  • What is Bitcoin's objective definition of transaction neutrality? (1:03:07)
  • Why does BIP110's decentralization benefit not outweigh its impact on transaction neutrality? (1:05:17)
  • Why does BIP110 require a 55% signaling threshold if its nodes reject non-signaling blocks? (1:09:46)
  • Why use ElligatorSwift encoding in BIP324? (1:17:12)
  • Was the OP_SUCCESSx reservation in BIP342 designed with specific opcode families in mind? (1:25:36)
  • What is the difference between the long-term feerate and the discard feerate? (1:29:14)
  • What is the quickest method for migrating a legacy wallet to a descriptor wallet on a pruned node? (1:32:40)
  • Is there historical data on orphan/stale block rates during high-fee periods? (1:36:09)

Releases and release candidates

Notable code and documentation changes

Transcription

transcription coming soon