BR070 - Nunchuk, Bitcoin Core, Push Tx, COLDCARD, BDK, RGB, Kraken Hack, Fedimint DNS Outage, Spending Condition Verification + MORE ft. Schmidty & Rijndael
Jun 26, 2024
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Guests Mike Schmidt and Rijndael discuss security vulnerabilities at Kraken Exchange, cryptocurrency federation issues, updates on Coldcard and Nunchuck Wallet, Bitcoin Core features, FLDG modulation, Rust binary evaluation tools, Arc protocol implementations, and Noster Strategic Progress in the Bitcoin ecosystem.
New Bitcoin projects Brolups and Stratum.work offer unique functionalities in the industry.
VOTE wallet prioritizes financial autonomy with PSBT support and open-source principles.
Mempool Research aims to provide data and insights to the Bitcoin community.
Focus on evolving seed sharing mechanisms for improved wallet security and usability.
Deep dives
Bitcoin Wallet and Software Updates
Several Bitcoin wallet and software updates have been released, including enhancements like PSBT support and improved label management. Notable updates include Coldcard upgrades, Barbecue QR libraries, and LabelBays focusing on label management.
New Bitcoin Projects
Two new Bitcoin projects have emerged in the space: Brolups, a Bitcoin-native design that operates with on-chain peg enforcement, and Stratum.work, a web app that streams real-time mining pool Stratum messages for analysis purposes.
Software For Bitcoin Mining Analysis
Stratum.work is a WebSocket-based web app that provides real-time mining pool Stratum messages to users, allowing for analysis and monitoring of mining pool activities such as identical Merkle branches.
Financial Freedom Bitcoin Wallet
VOTE is a modern, descriptor-based Bitcoin wallet focused on restoring financial sovereignty to Bitcoin users globally. It supports PSBT and embraces the ethos of open-source software.
Mempool Research and Analysis
Mempool Research debuts as a new home for Bitcoin analysis, featuring insights from researchers at Mempool.space such as Modern Optimal and Orange Surf BTC. The platform aims to provide valuable data and analysis to the Bitcoin community.
Innovations in Wallet Technology
Discussions around wallet technology innovations surfaced the importance of evolving seed sharing mechanisms. The desire for BIP39 seed compatible systems using Shamir's secret sharing was underscored. This approach would enhance security by providing plausible deniability while ensuring parts remain BIP39 valid seeds.
Advancements in Social and Privacy Bitcoin Projects
Updates in various Bitcoin-related projects were highlighted, including advancements in privacy, Lightning Network, and new software versions. Notable mentions were given to the development of a Lightning-enabled YouTube alternative, progress in NFT exchange platforms built on RGB technology, and the emphasis on simplicity in newer protocols for enhanced usability.