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Bip-efficient-bitcoin-vaults Alternatives
Similar projects and alternatives to bip-efficient-bitcoin-vaults
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InfluxDB
Power Real-Time Data Analytics at Scale. Get real-time insights from all types of time series data with InfluxDB. Ingest, query, and analyze billions of data points in real-time with unbounded cardinality.
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phoenix
Phoenix is a self-custodial Bitcoin wallet using Lightning to send/receive payments. (by ACINQ)
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TordlWalletProtocols
This repository documents various methods for securely backing up and storing bitcoins.
NOTE:
The number of mentions on this list indicates mentions on common posts plus user suggested alternatives.
Hence, a higher number means a better bip-efficient-bitcoin-vaults alternative or higher similarity.
bip-efficient-bitcoin-vaults reviews and mentions
Posts with mentions or reviews of bip-efficient-bitcoin-vaults.
We have used some of these posts to build our list of alternatives
and similar projects. The last one was on 2021-10-29.
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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.
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www.saashub.com | 10 May 2024
Stats
Basic bip-efficient-bitcoin-vaults repo stats
6
2
0.0
over 2 years ago
fresheneesz/bip-efficient-bitcoin-vaults is an open source project licensed under BSD 3-clause "New" or "Revised" License which is an OSI approved license.
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