bip-efficient-bitcoin-vaults
phoenix
bip-efficient-bitcoin-vaults | phoenix | |
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6 | 221 | |
2 | 591 | |
- | 4.1% | |
0.0 | 9.4 | |
over 2 years ago | about 14 hours ago | |
C | ||
BSD 3-clause "New" or "Revised" License | Apache License 2.0 |
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bip-efficient-bitcoin-vaults
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Is 0.1 Bitcoin good to buy a Hardware wallet?
If you really want to up your security game, I would take a look at The Tordl Wallet Protocols which are holistic guides on how to properly store your bitcoin. It includes info on hardware wallets, backups, inheritance, multisig, and a lot more.
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Covenant opcode proposal OP_CONSTRAINDESTINATION (an alternative to OP_CTV)
I have the proposal for this opcode up here: https://github.com/fresheneesz/bip-efficient-bitcoin-vaults/blob/main/cd/bip-constraindestination.md. I'd love to hear what people think about it, what problems it might have that I've missed, or other issues or suggestions surrounding this. I'd also appreciate any input that would help me improve the presentation of the opcode.
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Let's talk about Bitcoin Smart Contracts!
I guess if pressed, I'd have to define a smart contract as a Bitcoin script involving more than one person. Lightning is one. Another one I'm looking forward to is wallet vaults where you have a third party controlling one key in a multisig like address. The third party can help you recover if you lose all your keys, but can't steal from you (unless, again, you lose all your keys). Also, I created a proposal for a wallet vault where in one transaction you could send money to someone else directly from your wallet vault while still having buffer time to reverse the transaction in the case it was a mistake or theft attempt. If those kinds of things count as smart contracts, they're pretty interesting to me because they could make self custody far easier and more secure.
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This is how easy and simple it is to send a Bitcoin payment in El Salvador. It really feels like magic internet money.
Who pays the escrow with credit cards? Merchants do. But escrow is basically costless on transactions where they don't have to intervene. You could construct a smart contract that automatically releases money to the recipient after a time lock (eg using this hypothetical opcode), and the escrow only needs to be paid if their intervention is asked for. Who would pay the fee? It's a service for the payer, so the payer should pay that fee. Payers would happily pay a little bit to get their money back i think.
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Jack Dorsey has questions about how to develop a new hardware wallet. What are your answers?
To get wallet vaults, we need covenants. OP_CHECKTEMPLATEVERIFY can do that. However there are limitations. But the benefits are significant enough to make the limitations acceptable. I think we can do better tho, which is why I'm working on this.
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What is the next big proposed upgraded coming after taproot?
If you're interested in op_ctv, you might be interested in a sneak preview of a bip draft I wrote.
phoenix
- How do I gift satoshis to my friend living in India?
- How to move bitcoin lightning from trust wallet
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Name your 3 fav Bitcoin tools!
Pheonix wallet https://phoenix.acinq.co/
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Getting started
https://phoenix.acinq.co/ - Phoenix
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F21 A guy wants to tip me in bitcoin.... Idk where to start 😅
If any less, then I would recommend Phoenix Wallet (https://phoenix.acinq.co/) since spending that tip will be cheaper for you.
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Is the only way to achieve non-custodial lightning wallet, letting user connect to his own lnd?
That comment is incorrect too from a few angles. Both Breez and Phoenix's code is entirely verifiable on their GitHubs (Pheonix Breez). If you're truly concerned about them changing the code in an update you can verify and build the app yourself locally and install it on your phone.
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Beginner Question
Phoenix Wallet is my favorite Phoenix Wallet
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⚡ Lightning Thursday! June 01, 2023: Explore the Lightning Network!⚡
Just use something like https://phoenix.acinq.co/ or https://breez.technology/mobile/.
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Is there a way to use Blue Wallet Lightning wallet without your own node?
https://phoenix.acinq.co/ https://blixtwallet.github.io/ https://breez.technology/
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Paying with Bitcoin in Prague
Customer using Phoenix
What are some alternatives?
TordlWalletProtocols - This repository documents various methods for securely backing up and storing bitcoins.
BlueWallet - Bitcoin wallet for iOS & Android. Built with React Native
trezor-firmware - :lock: Trezor Firmware Monorepo
Breez Mobile Client - Lightning Network mobile client
zeus - A mobile Bitcoin wallet fit for the gods. ⚡️ Est. 563345
electrum - Electrum Bitcoin Wallet
Muun recovery - Muun recovery tool
umbrel - A beautiful home server OS for self-hosting with an app store. Buy a pre-built Umbrel Home with umbrelOS, or install on a Raspberry Pi 4, Pi 5, any Ubuntu/Debian system, or a VPS.
Eclair - A scala implementation of the Lightning Network.
eclair-mobile - An Android wallet for the Lightning Network
zap-iOS - Zap Wallet - Native iOS lightning wallet focused on user experience and ease of use ⚡️
apollo - Muun Android wallet