bolts
bips
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bolts
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Smart Contract Security Field Guide
True although I'm not talking about Ethereum smart contracts, I'm talking about Bitcoin ones which are very limited and not Turing complete. The lightning smart contract is like 20 lines and has been live since 2018, I feel the probability of the contract getting hacked is very low(famous last words!) https://github.com/lightning/bolts/blob/master/03-transactio...
- Is there any Bitcoin layer (eg. Bitcoin = L1, Lightning = L2, etc.) on which the satoshi (SAT) is divisible?
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Does Lightning Network have its own hard forks?
LN is a protocol for sending signed txns around, keeping track of balances locally, and broadcasting channel open/close/justice txns. All the rules are outlined in the foundational BOLTs https://github.com/lightning/bolts/blob/master/00-introduction.md
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What's LNURL and BOLT12?
BOLT12 offers an attempt to achieve some of the core functionality that LNURL provides without requiring the use of a web server. An offer encodes the data necessary to reach a node to request an invoice to make a payment, either a node_id, or a blinded path (the last few hops in an onion route, pre-computed and encrypted) to that node using onion messages. It also can encode a minimum amount for a payment, the currency being paid in, an expiry time and minimum/maximum quantity numbers (for purchasing multiple items).
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Safe Lightning Transactions Without The Need for Watch Towers or Continuous Network Connectivity
In practice, I do not know if this is possible. I am quite unfamiliar with Bitcoin OpCode scripting and if the revocation tree of the channel state (which is just an unpublished Bitcoin contract) is expressive enough to allow inputting an arbitrary address to recieve the attacker's funds. I am attempting to use this documentation as a clue to whether or not, and how this might be possible: https://github.com/lightning/bolts/blob/master/03-transactions.md.
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Chainalysis: The $8.6B Startup That Helps Governments Trace Crypto
No they can't, that's the whole point of onion routing. The next hop doesn't know if the packet started with you or if you're just another node in the payment path.
Reference: https://github.com/lightning/bolts/blob/master/04-onion-rout...
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Negative fees
There is a discussion to add to the lightning BOLT specification for 'inbound fees' which essentially enables a 'rebate' for using a particular channel to route through your node.
- Lightening Network Links and Resources
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An important message to this community: We can do better!
Basis Of Lightning Technology BOLT specificiations
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Is sending BTC over the lightning network private and anonymous?
tbh i have a text file with definitions of many of these because I constantly confuse them, most of which were pulled from using search at https://github.com/lightning/bolts and similar
bips
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Understanding and avoiding visually ambiguous characters in IDs
Modern bitcoin addresses use a base-32 character set that leaves out some of the most ambiguous pairs and also permutes the address ordering so that the most visually similar remaining characters produce single bit errors which are better handled by the addresses error detecting (and potentially correcting) code.
https://github.com/bitcoin/bips/blob/master/bip-0173.mediawi...
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Bitcoin Block 840000
Context: Bitcoin miners have just adopted a 50% pay cut for themselves. This pay cut was baked into Bitcoin protocol at the launch of the network (mostly, see "BIP 42" [1]). The OP link gives information about the block in which this pay cut was made.
I get that HN comments tend to dismiss Bitcoin. But the fact that for the fourth time this pay cut has happened without a hitch speaks volumes to what makes Bitcoin interesting: It's a rare combination of economic incentives and technology that keeps chugging. Nobody can stop it. And it's extremely resistant to change. It requires no governmental approval. All attempts at subversion or interference have failed. There aren't many things that come close to that kind of record.
[1] https://github.com/bitcoin/bips/blob/master/bip-0042.mediawi...
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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.
What are some alternatives?
BOSL2 - The Belfry OpenScad Library, v2.0. An OpenSCAD library of shapes, masks, and manipulators to make working with OpenSCAD easier. BETA
brainflayer - A proof-of-concept cracker for cryptocurrency brainwallets and other low entropy key algorithms.
wiki.plebnet.org
P2P-Trading-Exchanges - Person-to-Person bitcoin Trading Exchanges
loop - Lightning Loop: A Non-Custodial Off/On Chain Bridge
solidity - Solidity, the Smart Contract Programming Language
bitcoinbook - Mastering Bitcoin 3rd Edition - Programming the Open Blockchain
EIPs - The Ethereum Improvement Proposal repository
bitcoin-on-twitch - Bitcoin on Twitch: Accept Bitcoin donations on Twitch, and integrate them into your alerts!
bip39 - A web tool for converting BIP39 mnemonic codes
lndmanage - Channel management tool for lightning network daemon (LND) operators.
solana - Web-Scale Blockchain for fast, secure, scalable, decentralized apps and marketplaces.