lips
bips
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lips
- Mimblewimble Progress Update Thread - April
- Mimblewimble Progress Update Thread - March
- Mimblewimble Progress Update Thread - February
- Mimblewimble Progress Update Thread - January
- Mimblewimble Progress Update Thread - December
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Mimblewimble?
Looking at the situation I came to suspect that /u/tevador 's proposal and what Litecoin actually implemented now are two quite different things. Their proposal for non-interactive transactions does not credit or even mention Tevador.
- MWEB - information for users and developers?
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Mimblewimble Progress Update Thread - November
The need for a more formally documented design became evident, so I spent the next few weeks rewriting LIP-0004 into a more complete and formally specified design, making minor tweaks along the way to harden it where I could. Clearly, I should’ve done this from the beginning, because we’ve had nearly as many reviewers of LIP-0004 in this past month as we have for the previous 1.5 years 🙂
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@DavidBurkett38: 1/10 - Some important news about MWEB. This will be included in tonight's monthly update as well, but I wanted to share here for a little more visibility.
9/10 I'll provide all of the details about how we fixed it as part of tonight's MWEB update. LIP-0004 (https://github.com/DavidBurkett/lips/blob/master/lip-0004.mediawiki) is no longer vulnerable, and the code will be soon changed to match the LIP.
bips
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Generating and Working With ScriptPubKeys in Bitcoin Transactions
Bitcoin transactions involve locking funds in scripts, which can only be spent if those locking conditions are met. The part of the script that expresses these locking conditions are called ScriptPubKeys. On the other hand, the part that provides unlocking scripts to satisfy the locking conditions is referred to as ScriptSig for legacy transactions, and ScriptWitness for SegWit Transactions. These scripts are evaluated by a stack-based language called Script. This article will mainly focus on ScriptPubKeys.
- Blue Wallet and seed phrases
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Nano S seed compromised?
Here’s the reference https://github.com/bitcoin/bips/blob/master/bip-0039.mediawiki
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Do you use 12 - 24 words?
There are 5 271 537 971 301 488 476 000 309 317 528 177 868 800 possible permutations of the bip39 wordlist found here: https://github.com/bitcoin/bips/blob/master/bip-0039/english.txt when using 12 word seeds. You probably have better change to win the lottery every week for the rest of your life than cracking a 12 word seed in correct order
- 24 words
- Creating a custom Bip39 brain wallet
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SEC Charges Kraken for Operating as an Unregistered Securities Exchange
No one controls Bitcoin, because it's a protocol. Bitcoin Core is the reference implementation, but there are others, and anyone can create new implementations if they wish. Also, the Bitcoin Core maintainers can't just change something on a whim, because users would then switch to another fork. Maintainers (or miners or other groups) can't force their changes on users, because everyone can decide on their own which version they want to use.
The protocol development happens through BIPs (Bitcoin improvement proposals): https://github.com/bitcoin/bips
BIPs are discussed for years, before (and if) they are implemented, and basically everyone needs to agree on them, because no one wants to fork the blockchain, which could be devastating.
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Recover Cool Wallet seed to a Ledger?
All the seeds generated from the CoolWallet (Number / Word) adhere to the BIP-39 protocol.
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Hal Finney Was Not Satoshi Nakamoto
> users would be required to hand over control of their wallet to actually manage the massive proliferation of addresses needed
BIP32 solved this in 2012, and is used by basically all self-custodial wallets these days. https://github.com/bitcoin/bips/blob/master/bip-0032.mediawi...
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Bitcoin and the dangerous fantasy of ‘apolitical’ money (2013)
> Which policy are we referring to?
* BIP 141 version bits and BIP 148 as a voting mechanism: https://github.com/bitcoin/bips/blob/master/bip-0141.mediawi... and https://github.com/bitcoin/bips/blob/master/bip-0148.mediawi...
* core developer votes: https://en.bitcoin.it/wiki/Segwit_support
* posturing and maneuvering: https://cointelegraph.com/news/samourai-wallet-intends-to-ru...
> It evolves in a decentralized and organic manner, devoid of any formal political process or voting.
Just because its voting mechanisms are informal, that doesn't make them not voting mechanisms.