BR010 - Blixt, Spectre, Fully Noded, Robosats, Yield product MELTDOWN, RBF Debate & MORE ft. Shinobi, Checkmate & Odell

I’m joined by guests Shinobi, Checkmate and Matt Odell to go through the list. To send Bitcoin related questions, just go to bitcoin.review and click submit story at the top right.

Listen to the Episodes

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Housekeeping

Software Releases & Project Updates

  • 00:05:24 You can now create an account on BitcoinTreasuries.net and start contributing data
    • Account creation now open to all
    • Add and edit current information
    • Get verified as official part of an entity
  • 00:05:47 BinaryWatch.org
    • We’ve made a new little alert system for many hosted bitcoin projects’ binaries. We will try to alert if the signatures don’t match. More being added and website coming soon. For now follow @BinaryWatchBot, it may one day just save your coins. Ps always verify yourself too!
  • 00:11:56 Electrs 0.9.10
    • Update dependencies (bitcoin, bitcoincore-rpc, tiny_http, serde_json, env_logger)
    • Fix mempool fee rate formatting (#761)
    • Allow configuring signet p2p magic (#762, #768)
    • Don’t panic in case of an invalid block header height (#786)
  • 00:12:36 LND v0.15.4-beta: Hotfix Release to Fix Chain Sync Bug
    • Emergency hot fix release to fix a bug that can cause lnd nodes to be unable to parse certain transactions that have a very large number of witness inputs.
  • 00:15:39 Blixt
    • 0.6.0
      • Translations - 9 new languages
      • Now available for macOS
      • FAQ, Guides and Feature page on the website
      • Taproot support
    • 0.6.1
      • All wallets, including already created ones, now default to Multi-Path Payments being enabled by default
  • 00:18:06 Nunchuk Android 1.9.20
    • Released on Android Nov 11, 2021
    • Fully open source
  • 00:21:41 Sparrow 1.7.1
    • Wallet tab icons (PayNym, hardware wallet and custom)
    • Broadcast premix transactions from Sparrow Terminal
    • Show address as QR code in Terminal
    • Change QR code display density
  • 00:23:30 Strike now supports sending to Bech32m addresses
  • 00:23:43 Specter DIY v1.8.0
    • Build process is now reproducible.
    • Hardware wallet now supports taproot-specific PSBT fields. Only internal key wallets are currently supported, but support for tap scripts and taproot miniscript are already in the work.
  • 00:25:02 Trezor v22.9.3
    • Coin Control for Bitcoin
    • Optionally display Bitcoin amounts in Satoshis
  • 00:25:17 Fully Noded v0.2.30
    • Create single sig Taproot wallets with ease (BIP86), private keys are stored on the node which is why you need to enter a password to encrypt them
    • Interact with the wallets which do not exist on the active node, allowing you to recover them to the active node, delete them, and see their details
    • “Send to wallet” button on the send view which allows you to easily generate receive addresses from all wallets regardless of which wallet/node is active
    • Better handling of locked wallets during the signing flow (will prompt you to enter the password)
    • Paste, upload, scan bip39 mnemonics on the wallet creator to easily create wallets
    • Create multisig wallets with signers where the seed words were deleted
    • More robust UR support, previously was hard coded to only work with segwit, it now works with most script types, and xprvs ability to encrypt private keys for taproot wallets
  • 00:26:31 Wallet of Satoshi 1.18.1 (iPhone, possibly also Android)
    • Integrated btcmap.org for physical merchant and ATM data
  • 00:27:50 Robosats v0.3.0-alpha
    • New Navigation. Full redo of RoboSats Basic main.tsx and data structures.
    • New Coordinator mode
    • New Mainnet / Testnet switch (only on Android app)
    • The new Turtle Mode chat (use when your connection is slow, much more stable but slower: it’s not a real time chat, but almost)
  • 00:29:01 Alby v1.19.0 🌃 Eclipse in the City
    • Support to use the Alby Extension with Core Lightning nodes.
    • This means the Alby Extension now supports all major node implementations and accounting apps (LNBbits, LNDHUb, …)

Noteworthy

  • 00:35:45 Dylan LeClair asks: “Why couldn’t multi-billion dollar firm @chainalysis identify that FTX user deposits were being commingled with Alameda trading wallets while randoms on Twitter could?” identify that FTX user deposits were being commingled with Alameda trading wallets while randoms on Twitter could?”
  • 00:59:56 geyser.fund - Lightning-native crowdfunding and grants for Bitcoin creators
  • 01:01:48 Santander imposes limits on UK crypto exchange transactions
  • 01:01:56 CashApp Sold $1.76B Worth of Bitcoin During Q3 2022: Down 3% Year Over Year
  • 01:04:51 Using LNsploit to Steal from LND nodes
    • Post walks through how to use LNsploit to steal funds from an LND node affected by some of the recent critical bugs, in regtest.
  • 01:06:07 LNLink (lightninglink)
    • iOS application that allows you to control a c-lightning node over the lightning network itself.
    • This means that you can connect directly to your c-lightning node to control it. No additional software, VPNs, or Tor is needed for remote access.
    • Qualified for the OpenSats “tip jar” bounty and will receive the 1 BTC reward.
  • 01:06:20 U.S. Attorney Announces Historic $3.36 Billion Cryptocurrency Seizure And Conviction In Connection With Silk Road Dark Web Fraud
    • James Zhong pled guilty to committing wire fraud in September 2012 when he unlawfully obtained over 50000 Bitcoin from the Silk Road dark web internet marketplace.
    • In November 2021, Law Enforcement Seized Over 50,676 Bitcoin Hidden in Devices in JAMES ZHONG’s Home
    • On November 9, 2021, pursuant to a judicially authorized premises search warrant of ZHONG’s Gainesville, Georgia, house, law enforcement seized approximately 50,676.17851897 Bitcoin, then valued at over $3.36 billion.
    • This seizure was then the largest cryptocurrency seizure in the history of the U.S. Department of Justice and today remains the Department’s second largest financial seizure ever
    • Law enforcement located 50,491 Bitcoin of the approximately 53,500 Bitcoin Crime Proceeds (a) in an underground floor safe; and (b) on a single-board computer that was submerged under blankets in a popcorn tin stored in a bathroom closet.
    • In addition, law enforcement recovered $661,900 in cash, 25 Casascius coins (physical bitcoin) with an approximate value of 174 Bitcoin, 11.1160005300044 additional Bitcoin, and four one-ounce silver-colored bars, three one-ounce gold-colored bars, four 10-ounce silver-colored bars, and one gold-colored coin.
  • 01:16:50 Bitcoin Miner Stronghold Digital Completes Debt Restructuring
  • 01:24:04 Orange Pill App Launches
    • App geared towards connecting local bitcoiners in real life called Orange Pill just launched at Pacific Bitcoin.
    • The new Orange Pill App (OPA) is seeking to connect Bitcoiners in real life without the need for meetups and conferences.
  • 01:25:24 Ledn discloses a lending relationship with Alameda
    • “Keeping our commitment to transparency and integrity, we wanted to share that we have a lending relationship with Alameda, and have been in frequent contact with their senior management team.”
  • 01:33:41 BitMEX Provides Snapshot Update to Bitcoin Proof of Reserves & Proof of Liabilities
  • 01:37:05 Gemini Earn “Liquidity Issues”
  • 01:40:42 Apollosats - Write reviews for products and earn sats for doing it
    • For every review you post, we’ll send you 1,000 Sats
    • Every upvote is worth 10 Sats
    • We credit new accounts with 500 Sats, so you can start upvoting helpful reviews straight away!
  • 01:40:56 Cool Bitcoin projects Twitter thread

Bitcoin Optech Newsletter

  • #225
    • 01:41:36 Continued discussion about enabling full-RBF
      • Users, service providers, and Bitcoin Core developers have been evaluating the inclusion of the mempoolfullrbf configuration option into Bitcoin Core’s development branch and current release candidates for version 24.0.
      • Suhas Daftuar posted to the Bitcoin-Dev mailing list to “argue that we should continue to maintain a relay policy where replacements are rejected for transactions that don’t opt-in to RBF (as described in BIP 125), and that we should remove the -mempoolfullrbf flag from Bitcoin Core’s latest release candidate.” He asks:
        • “Does fullrbf offer any benefits other than breaking zeroconf business practices? If so, what are they?”
        • “Is it reasonable to enforce BIP 125’s rbf rules on all transactions, if those rules themselves are not always incentive compatible?”
        • “If someone were to propose a command line option that breaks v3 transaction relay in the future, is there a logical basis for opposing that which is consistent with moving towards fullrbf now?”

Audience Questions

  • 01:50:14 Fambatecusa in Bitcoin.Review Podcast Telegram
    • Just listened to Livera podcast talking abou BIP324, v2 p2p transport protocol for bitcoincore, @nvknvk @mattodell you could talk a little on bitcoin review as I understood it can be a small step to increase privacy

Competitions

  • 01:53:05 Legends of Lightning [11 Oct - 7 Dec]
    • Online global tournament for makers to learn, connect, collaborate, and build innovative applications and tools with bitcoin and lightning. Makers can accelerate their bitcoin projects through mentorship in design, development, and lightning integration.
    • Forming teams to hack on new or existing projects, makers can show off their progress, activity, and updates as they #BuildInPublic - competing for up to ~$60,000 (3 BTC) in prizes.

Events

Get in touch with the pod

  • Podcast Twitter: https://twitter.com/bitcoinreviewhq
  • NVK Twitter: https://twitter.com/nvk
  • Telegram: https://t.me/BitcoinReviewPod
  • Email: bitcoinreview@coinkite.com

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