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Sergio Demian Lerner (sergio.lerner.rsk)
@SDLerner
Founder @ Research @ Scientist @ Prior: Founded Designed - All opinions are mine
212 Following    26.1K Followers
I don't care whether you want to fork Bitcoin to save endangered raccoons or protect children from bullying. The cause is irrelevant. Bitcoin's golden social rule is simple: if you try to fork Bitcoin without broad consensus, you lose—and you must lose decisively. That rule is what makes Bitcoin resilient. Without it, Bitcoin becomes vulnerable to misinformation, false-flag campaigns, manufactured outrage, and social extortion. It fractures, corrodes, and eventually collapses. If there is no broad consensus, there should be no fork date. Setting a deadline for a contentious fork is not coordination—it's extortion.
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Friday is here, and our latest Computing on Bitcoin News is out! Discover our curated selection of articles on Bitcoin scalability and programmability. Check it out below 👇
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Our CTO @sdlerner and CSO @afutoransky (Futo) will be presenting at the Workshop on Cryptography for Bitcoin, co-located with the Science of Blockchain Conference 2026 at Stanford on July 31. Workshop details: The paper, "From cut-and-choose to constant-size proofs of garbling correctness," tackles a bottleneck behind Bitcoin bridges, vaults, and covenant-like constructions: proving a garbled circuit was built honestly, without the communication and storage costs of cut-and-choose.
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A demo of Bit2 running smoothly behind x402. Agents have a new choice to transact, a better one.
HTTP has had a "Payment Required" status code for thirty years. It was almost never used, as there was no payment coordination layer behind it worth using. The agentic web changes that. Autonomous agents need to pay per request: an API call, a file, an inference, with no processor nor channel to keep open. x402 is the protocol that makes this possible. Bit2 is the clearing and coordination layer it was missing. We built bit2/x402: an Express middleware that turns any endpoint into a pay-per-request resource. One line of code. Verification is client-side, immediate, and needs no third party to clear. Find out how we made this possible:
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The future of Bitcoin is being built by people you've probably never heard of. Let's fix that in the Geyser Newsletter. ⚡
This week's edition of Computing on Bitcoin News is out! A curated selection of articles on Bitcoin scalability, programmability and much more. Find it here 👇
Fun experiment. I asked chatGPT to create a short bio of myself with these restrictions: 1. No mention to past experience or jobs 2. No mention to technologies 3. No mention to academic education or publications It can use our hundreds of interactions it has recorded. This is what I got: I specialize in redefining problems before solving them. Rather than optimizing existing designs, I seek new design spaces that eliminate unnecessary assumptions, simplify architectures, and unlock capabilities that previously appeared impossible. I thrive where established solutions no longer suffice and progress depends on questioning the problem itself. I'm a Problem Designer. I identify and frame worthwhile problems.
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Bit2 client-side smart contracts are coming...
Our series on Bit2's features continues. This time: client-side smart contracts and what programmable payment logic looks like when it doesn't touch the blockchain. Most smart contracts run on every validating node. That makes computation expensive, public, and limited by network throughput. But most payment logic, like spending policies, rate limits, authorizations, conditional transfers, only involves the parties in the payment. Bit2 keeps it that way. A lightweight virtual machine lets users define programmable spending policies directly in their wallet. No third-party custody, no blockchain execution costs, no global consensus for decisions that don't require it. For autonomous agents managing funds without human supervision, this isn't optional. It's infrastructure. Latest entry in our series on the features defining Bit2, Fairgate's Bitcoin-native payment layer for the agentic economy and the world of autonomous commerce already upon us.
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Today we are publishing the first Ill Bloom findings: affected-address checker + on-chain analysis to help users identify exposed addresses and protect their assets. 🔗 ⚠️ We will never ask for seed phrases, private keys, signatures, or approvals, or ask users to send funds to "recover" or protect a wallet.
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This article explains why Bit2 (a new Bitcoin L2 based on client-side validation) is immune to the Mass Exit Problem. Even if the entire Bit2 infrastructure fails, there's no bank-run scenario. Funds remain safe, and users can exit whenever they choose—or simply swap their BTC and avoid the exit process altogether.
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Our series on Bit2's features continues. This time: what self-custody actually means in a Layer 2 payment network. Holding your private keys is only part of the story. A user truly controls their assets only if they can spend them, recover them, and withdraw them under adverse conditions. Three properties determine whether that's real: Unilateral Access, Uncensorable Exit, and Mass Exit Safety. Most networks satisfy one or two during normal operation. The real test is whether all three hold when everything goes wrong simultaneously. Bit2 was designed around that standard from the start. Discover the latest entry in our series on the features defining Bit2, Fairgate's Bitcoin-native payment layer for the agentic economy.
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Crowdfunding was supposed to make funding more open. But in practice, it still depends on banks, cards, supported countries, platform approvals, and payment processors. @geyserfund takes a different route: Bitcoin-native crowdfunding. @metamick14 @steliosrammos More in the thread 🧵
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At @FairGateLabs we published 12 papers on Bitcoin & BitVMX in the last 2 years, and we aim to publish 3 more papers before EOY. That much we love Bitcoin. 1. BitVMX: A CPU for Universal Computation on Bitcoin 2. Union: A Trust-minimized Bridge for Rootstock ESSPI: ECDSA/Schnorr Signed Program Input for BitVMX 3. TOOP: A TRANSFER OF OWNERSHIP PROTOCOL OVER BITCOIN 4. A NOTE ON THE SECURITY OF THE BITVM3 GARBLING SCHEME 5. FLEX — Capital-Efficient Optimistic Bridges with On-Demand Security Bonds for Bitcoin 6. WISCH: Efficient data signing via correlated signatures 7. A FORMAL ANALYSIS OF FLEX AND FLEX2 8. APoW: Auditable Proof-of-Work Against Block Withholding Attacks 9. OHMG: One hot modular garbling 10. OTS-PC: OTS-based Payment Channels for the Lightning Network 11. BATTLE for Bitcoin: Capital-Efficient Optimistic Bridges with Large Committees 12. BATTLE – Bonded Adversarial TournamenT with Logarithmic Escalation
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What is both hilarious and deeply ironic about BIP-110 is that once Bitcoin enables quantum-safe signatures, either the public keys or the signatures themselves will be so large that they can carry arbitrary spam data. At that point, every current attempt to stop spam by restricting OP_RETURN or similar mechanisms will be futile.
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Delightful Bitcoin archeology research from @raw_avocado
What everyone knows about Bitcoin's Launch is wrong. (full research 1st comment)
Bitcoin sidechain TVL: Rootstock is back at #1# CORE arrived, topped the charts for a moment, and then disappeared as quickly as it came.
Bit2 architectural decisions....
Our series on Bit2's features continues! Today we go back to the foundation: the premise and architectural principles that shaped everything else. Most systems start with a technology and search for a use case. Bit2 started the other way around. In 2025, we asked a simpler question: what properties must a payment network have to support agentic commerce? Every architectural decision followed from there. The answer became a premise and a set of principles, each one designed to eliminate an entire class of future bottlenecks, trust assumptions, or privacy failures before a single line of code was written. Thirteenth entry in our series on the features defining Fairgate's Bit2 and the agentic economy already upon us.
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The pace of innovation in agentic commerce keeps accelerating. Here's this month's roundup.
Payment speed, peer-to-peer neutrality, and the privacy-compliance tradeoff in stablecoin infrastructure. These are the questions shaping agentic payment architecture right now, and they are no longer theoretical. We cover all of it in the latest Agentic Economy Briefing 👇
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He claims a patent from 2017-02-14 invented it: But: Paul publication of the drivechain mechanism was in Nov, 2015: I published a proposal for hashrate escrow in github in May, 2016: So, again, CSW deserves nothing.
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