Bitcoin’s decentralized consensus mechanism works based on some cleverly crafted incentive structures. The first and fundamental rule is that the chain with the most work is the correct one. This…

In the early 2020s, quantum computing hit the public spotlight as a potential threat to Bitcoin. Relying on SHA-256 cryptographic hash function for its proof-of-work network consensus, Bitcoin’s value is…

Jeremy Rubin released a proposal two weeks ago titled Un’FE’d Covenants (FE = Functional Encryption). Given the ongoing debate over covenant proposals for Bitcoin the last year or two, his…

If you’ve bought bitcoin, chances are that you want to self-custody. Without self-custody, you don’t really have bitcoin, so why wouldn’t you? Using a hardware device to set up an…

GingerWallet, the fork of WasabiWallet maintained by former zkSNACKs employees after the shut down of the Wasabi coinjoin coordinator, has received a vulnerability report from developer drkgry. This vulnerability would…

Early in our thinking about the interaction between bitcoin and energy it became obvious to me that the value of bitcoin was fundamentally underpinned by the amount of energy that…

A small, but significant development in Bitcoin’s much-debated decentralized consensus process is taking place, with some developers moving to publicly gauge sentiment of warring soft fork proposals that would augment…

Introduction The security of Bitcoin, and other blockchains, such as Liquid, hinges on the use of digital signatures algorithms such as ECDSA and Schnorr signatures. A C library called libsecp256k1,…

While the last year or two have seen a number of proposals for covenant-proposing extensions to Bitcoin, there has always been a suspicion among experts that covenants may be possible…

A press release circulating yesterday proved yet again that there’s nothing the mainstream media loves more than some crazy nut claiming to have created Bitcoin. Follow Rizzo on X. https://x.com/pete_rizzo_/…