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stu 🥪🥞
@stutxo
looking at ways to add more anonymity to bitcoin @lxdev_ pgp: 2985A7C418D77EB6EEEF608D4B57B009340AEBD2
2.4K Following    4.8K Followers
quick message to the boomers telling us to move on
There were so many signs, but we never compared notes and put everything together…
UPDATE ON THE FUTURE OF BOLTZ 📢 Over the past couple of months, AI-assisted attackers have been targeting Boltz with increasing frequency, intensity and sophistication. Several of these attacks succeeded, but because Boltz is non-custodial, user funds were never at risk. The entirety of the risk was ours, and as a result of the losses incurred, on August 3rd we made the difficult decision to suspend the service to prevent further damage. While working on a plan to bring Boltz back over the past days, we had to accept one painful insight: as a bootstrapped five-person startup, we simply don't have the resources to withstand the current level of attacks in the long run. Today, we are happy to announce that a group of veteran Bitcoiners came forward to help, bringing the capital and engineering power the project needs. They have agreed to take over Boltz and continue the service. Work to find and fix the vulnerabilities is already under way, with the goal of bringing swaps back as soon as possible. As we want to give them the freedom to introduce themselves in their own time, we are not attaching any names today. All original founders of Boltz have stepped down from the company, effective immediately. None of us will have any formal or authoritative role with the Boltz project going forward, and any future open-source participation by us is strictly on a voluntary basis. We are grateful for the community's support all these years, for the patience and understanding of our integrators affected by the disruption of our service, and to everyone who reached out offering support over the past week. It was a hell of a ride, and we are proud of our contributions to the Bitcoin ecosystem. Godspeed to the new Boltz team as they navigate these perilous times. We know Boltz is in good hands. - Kilian, Michael & Karl
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Blockstream released a ritual for generating seed phrases using tarot cards 💫 The Bitcoin cultural shift is well underway for those with eyes to see 👁️
Payjoin 1.0.0 has been released! What a journey it has been. Congrats to the PDK team. Expect excellent news on the same to follow shortly. We at BULL been working very hard to improve Payjoin, it's privacy and its adoption across the network.
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LLMs are used very successfully to find vulnerabilities in Bitcoin software. Can they also help prove the security of a modern cryptographic library for Bitcoin? To explore this question, @remix7531 and I are publishing libshrincs. libshrincs is a handwritten C library implementing WOTS+C, the one-time signature used by SHRINCS. It is a proof of concept and should not be used in production. Its machine-checked proofs connect the C implementation to an unforgeability theorem. The current theorem does not yet give a full post-quantum security bound. The post and review tutorial describe its current limits. Code and proofs: Review tutorial for the security proof (no Rocq or SSProve background required): @remix7531 has written three excellent posts on the library and verification work: Towards libshrincs The grind was the only detector Choosing a verification toolchain
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bro is on coingecko page 60 looking at shitcoin charts and posting bip110 hopium there has never been a crash out like it
Blake2b is the new POW algo for the bip-110 fork. That POW had its main use on Siacoin. Siacoin dumped instantly after that news. I think the reason is high likelihood that much of its existing hashrate will now be diverted to the BIP-110 chain and crash Siacoin security. Just an interesting observation.
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I am working on something internally @AntidoteBTC codenamed Project Safety Net in response to the Coldcard debacle. I'm going to be a little opaque on details, but this will focus on software coordination rather than hardware. I am willing to put capital behind this to assemble the team and reach MVP. Engineers (front+back) plus PM needed, please DM if curious and/or put the word out.
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.@lxdev_ is proud to be sponsoring @_julian256_'s work related to Script Restoration you can learn more about the proposal, and its progress, below
I'm going to need to raise ticket prices to @tabconf to $256. Inspired by the best hashing algorithm for Bitcoin.. but more importantly because I want to do cool things for the last TAB and want to make sure to cover my nut. Book in the next 2 days to get the lower ticket price!
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if we do it quick enough maybe saylor won’t notice
Time to focus on the BIP-448 covenants proposal. Let’s activate it this year.
one of the all time great transactions for transaction appreciatooooooors fd456524104a6674693c29946543f8a0befccce5a352bda55ec8559fc630f5f3
me when i see a bip110 influencer shilling @ProductionReady in a few months
he just made an important bitcoin transfer, make the next block take 40 minutes
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one of the all time great transactions for transaction appreciatooooooors fd456524104a6674693c29946543f8a0befccce5a352bda55ec8559fc630f5f3