bitcoincuracao
Bitcoin Curaçao

https://geyser.fund/project/bitcoincuracao

Welcome to Bitcoin Curaçao. Where we discuss the leading edge of a game changing technological innovation and commercial opportunities.

Public Key

npub16chg6ppwpr4pmkxz92v8jjqkztvhysdc2tl3kgx29xpay45l57wqpgvghv

NIP-05 Address

bitcoincuracao@geyser.fund

NIP-57 Address

bitcoincuracao@geyser.fund

Profile Code

nprofile1qqsdvt5dqshq36samrpz4xrefqtp9ktjgxu99lcmyr9znq7j260608qpzamhxue69uhhyetvv9ujuem909ek2u3wve6kueqpz3mhxue69uhhyetvv9ujuerpd46hxtnfdut5mpt8

Publishing to

relay.geyser.fund

relay.damus.io

relay.noswhere.com

Author Public Key

npub16chg6ppwpr4pmkxz92v8jjqkztvhysdc2tl3kgx29xpay45l57wqpgvghv

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Last Notes

2024-09-28 14:16:15

"Bitcoin implicates the First Amendment. As a system for collecting and communicating information ranging from payment data to art, bitcoin is speech.
As a statement of protest against the government’s monopoly over money, bitcoin is expressive conduct. And as a collection of individuals that share bitcoin’s hard-coded principles of individual liberty, anti-censorship, and anti-debasement, bitcoin is an expressive association.
Bitcoin is free speech protected by the First Amendment and therefore regulating bitcoin has clear constitutional implications."
Download: Bitcoin’s Protection under the First Amendment --Ross Stevens.
https://nydig.com/research/bitcoins-protection-under-the-first-amendment

2024-09-27 14:22:06

Think twice before handing your phone to authorities
Don’t ever hand your phone to the cops
Digital IDs make it tempting to leave your driver’s license at home — but that’s a dangerous risk.
https://www.theverge.com/2024/9/24/24252235/police-unlock-phone-password-face-id-apple-wallet-id
Civil liberties, which include rights and freedoms protected by the Constitution and laws, vary across jurisdictions.
It's essential to know your rights based on your location. In the U.S., police generally need a warrant to search phones.

2024-09-27 14:14:48

Security lessons from the FTX collapse
https://blog.casa.io/crypto-security-lessons-from-the-ftx-collapse/
The specter of custodial failures continues to haunt the Bitcoin market, with the industry's failures like Mt. Gox and FTX reminding us that the risks remain constant.
While companies and CEOs may change, the theme of custodial risk endures. These events have left many wondering if the industry will ever truly change for the better.
In the meantime, it's best to maintain self-custody of your funds to avoid falling victim to the next custodial failure.

2024-09-27 14:03:23

Bisq v2.1.0: Support Lightning Network as Additional Bitcoin Settlement Method
Bisq 2 is set to be the successor to Bisq v1 and will support multiple trade protocols, multiple privacy networks and multiple identities.
https://www.nobsbitcoin.com/bisq-v2-1-0/
I'm surprised it took Bisq this long to integrate Lightning support, but I understand that engineering is challenging.
Now that Bisq 2.1 supports Lightning, it's clear that the peer-to-peer trading software is perfectly suited for lightning-fast transactions. What will be really fascinating is when we start seeing atomic swaps on Lightning, at which point the user experience will be even better.

2024-09-26 13:39:17

Uniting for Internet Freedom: Tor Project & Tails Join Forces
https://blog.torproject.org/tor-tails-join-forces/
In short, coming together will strengthen both organizations' ability to protect people worldwide from surveillance and censorship.

2024-09-26 13:25:33

Plot to Destroy Silvergate and Debank Crypto for Good
new information suggests biden admin regulators deliberately killed off crypto-friendly silvergate in an attempt to decapitate the us crypto industry
https://www.piratewires.com/p/inside-biden-admin-plot-to-destroy-silvergate-and-debank-crypto-for-good-nic-carter
Here is a summary
https://x.com/CaitlinLong_/status/1837956728052216312

2024-09-25 16:13:15

Israel Goes Cashless
Israel’s promoting a new plan to abolish 200 shekel banknotes, forbid possession of physical gold & silver, and use AI for enforcement, while Gaza's state of cash deteriorates.
https://bitcoinmagazine.com/markets/israel-goes-cashless
"A new economic reality is ahead of us. In such times, learning about Bitcoin becomes a necessity, in order to hedge against government tyranny with the only truly decentralized, secure cryptocurrency which is controlled by no one, and is fully permissionless, outside of government control."

2024-09-25 13:46:18

A Must Read!
"We the Cypherpunks are dedicated to building anonymous systems. We are defending our privacy with cryptography, with anonymous mail forwarding systems, with digital signatures, and with electronic money.
Cypherpunks write code. We know that someone has to write software to defend privacy, and since we can't get privacy unless we all do, we're going to write it. We publish our code so that our fellow Cypherpunks may practice and play with it.
Our code is free for all to use, worldwide. We don't much care if you don't approve of the software we write. We know that software can't be destroyed and that a widely dispersed system can't be shut down.
Cypherpunks deplore regulations on cryptography, for encryption is fundamentally a private act."
A Cypherpunk's Manifesto, by Eric Hughes (9 March 1993).
https://www.activism.net/cypherpunk/manifesto.html

2024-09-25 13:38:03

"Sadly, there has been very little in the way of a clear definition of MEV in the context of Bitcoin.
And the standard definition of the term is so broad as to be entirely useless in discussions of protocol risk." — Matt Corallo
As Bitcoin's functionality expands, concerns arise about the potential sacrifice of its core value of censorship resistance.
A concept originating from the Ethereum community, Miner Extractable Value (MEV), refers to the profit miners can make by manipulating transaction order or inclusion in a block.
While some argue that MEV is a natural outcome of competitive mining, others believe it threatens the network's decentralization.
To address this issue, some suggest redefining MEV to differentiate between unavoidable forms and the more insidious "MEVil" that endangers decentralization.
Article: Stop Calling It MEV
https://bluematt.bitcoin.ninja/2024/04/16/stop-calling-it-mev/

2024-09-23 13:28:51

"I’m not asking you to fight the Beast of Big Politics, Big Tech and Big Media.
Honestly I don’t know how you would. This is the end of an age, the _fin de siecle_, the period of time where the Beast is strongest because it is everywhere and invisible all at once.
Big Politics, Big Tech and Big Media _are_ the water in which we swim. We are totally immersed in the common knowledge that the enemy is the Other Party, and until that common knowledge is weakened substantially, any direct challenge to the Beast is a suicide mission.
A noble suicide mission, like charging a fascist machine gun nest in the Spanish Civil War, but a suicide mission all the same." — Ben Hunt
Check out this fantastic article! It'll make you think about something we all know. It'll make you be truthful and see how we got caught in a risky cycle. We don't want to go there, but we have to.
Article and other links at: This is the Great Ravine - https://www.epsilontheory.com/this-is-the-great-ravine/

2024-09-17 14:48:21

The SeedSigner Independent Custody Guide is a comprehensive resource that outlines best practices and principles for securing digital assets using SeedSigner technology.
The guide provides a step-by-step process for individuals and organizations to establish independent custody, ensuring the safe and secure storage of private keys and associated cryptographic data.
It covers key management, backup procedures, multi-signature wallets, and more, with the aim of promoting transparency, security, and privacy in the management of digital assets.
By following this guide, users can maintain control over their assets, reduce reliance on centralized authorities, and protect themselves from potential vulnerabilities and risks in the cryptocurrency ecosystem.
SeedSigner Independent Custody Guide
https://github.com/SeedSigner/independent_custody_guide

2024-09-11 13:46:58

This article argues that both former President Trump and Vice President Harris are contributing to the growing national debt, contrary to their claims of fiscal responsibility.
The author contends that their economic plans will add approximately four trillion dollars to the deficit over ten years, according to the Penn Wharton Budget Model study.
This increase in spending, instead of addressing the underlying issues, perpetuates a cycle of inflation and harm to America's financial stability.
The article calls for a return to fiscal responsibility and limited government to ensure a brighter economic future.
Trump and Harris Ignore a Great Danger Facing America
https://mises.org/power-market/trump-and-harris-ignore-great-danger-facing-america

2024-09-10 20:52:30

The Central African Republic Adopts Bitcoin As Legal Tender
The African country has become the second nation in the world to adopt bitcoin as legal currency.
https://bitcoinmagazine.com/business/the-central-african-republic-adopts-bitcoin-as-legal-tender

2024-09-09 15:29:13

"Lightning achieved a many-to-one mapping of transactions to transactions... But creating even a single UTXO per user is, arguably, not good enough. So there are many proposals out there to achieve even greater scaling by allowing multiple users to share a single UTXO in a self-sovereign way. Again, collapsing another “space” dimension of scaling users into one UTXO."
— Peter Todd
"An argument for doing a consensus cleanup soft-fork first, prior to enabling any new opcodes or other features for new types of L2’s, is that we’d learn more about how willing the wider community is to implement what should be a relatively uncontroversial soft-fork that arguably benefits everyone."
— Peter Todd
Peter Todd has conducted a comprehensive analysis of various Layer 2 covenant proposals and their associated soft forks to evaluate the core concepts, costs, and benefits of each. As Bitcoin moves towards genuine "L2's" for scaling purposes, what are the potential trade-offs and possibilities for its future?
Continuing this thorough analysis, Peter Todd examines Bitcoin's Layer 2 solutions, including soft fork and covenant proposals such as CTV, OP_CAT, and SIGHASH_ANYPREVOUT. What are the trade-offs between these scaling options? How might they affect Bitcoin's future, and which path offers the best balance of innovation and security?
Soft-Fork/Covenant Dependent Layer 2 Review
https://petertodd.org/2024/covenant-dependent-layer-2-review

2024-09-06 16:41:13

Reports: North Korean hackers aggressively targeting crypto industry
North Korean hackers exploited Chrome zero-day to steal crypto
https://techcrunch.com/2024/08/30/north-korean-hackers-exploited-chrome-zero-day-to-steal-crypto/
The cybersecurity arms race is akin to a game of whack-a-mole, with hackers constantly probing and exploiting vulnerabilities while security teams scramble to patch them.
The only way to prevail in this relentless struggle is by eliminating single points of failure, diversifying and decentralizing critical components
By doing this, if one aspect falls prey to attackers, the overall system remains secure and assets remain safe from theft or unauthorized access.
This strategic approach offers a crucial advantage in the ever-evolving cybersecurity landscape.

2024-09-06 15:51:33

Lightning Labs has finally released their highly anticipated colored coins protocol, which has been the subject of litigation.
Their plan is to incorporate stablecoins into this protocol, enabling atomic swaps over lightning networks, ultimately paving the way for peer-to-peer exchanges.
This undertaking is significant due to the extensive infrastructure that needs to be built around it, including wallets and other related components.
As the pioneers of all these necessary elements, Lightning Labs will play a crucial role in making this protocol a reality. Only time will tell if the market embraces and adopts this innovative technology.
Taproot Assets on Lightning: The Global Financial Interoperability Layer ⚡💱
https://lightning.engineering/posts/2024-07-23-taproot-assets-LN/

2024-09-05 14:17:28

Breaking Down the Top 100 DeFi Hacks
2016-2023
Comprehensive
Report
https://www.halborn.com/reports/top-100-defi-hacks

2024-09-02 20:33:44

New: Secure your bitcoin with a YubiKey
https://blog.casa.io/secure-your-bitcoin-with-yubikey/
Yubikeys now accommodate seed phrase storage, a hardware update that spawns novel use cases. Casa pioneered this application, permitting clients to save seed phrases on the Yubikey as part of a multisig vault's security structure. Future entities may well leverage this functionality as well.

2024-08-30 19:40:00

‘Cthulhu’ malware targets Macs, crypto wallets
From the Depths: Analyzing the Cthulhu Stealer Malware for macOS
https://www.cadosecurity.com/blog/from-the-depths-analyzing-the-cthulhu-stealer-malware-for-macos
Exercise caution when downloading software. On MacOS, stick to either the Apple App Store or official websites of developers. Even powerful devices deserve your attention and care.

2024-08-30 18:16:20

Alert: Be Vigilant Against Phishing Attempts This Autumn
https://x.com/Nneuman/status/1828794529753006449
Casa's Co-founder and CEO Nick Neuman published a detailed analysis on X, featuring one revealing email, which exposed the advanced tactics employed by scammers and provided guidance on how to spot these scams beneath the surface.

2024-08-29 19:36:43

"It’s been amazingly freeing because I don’t worry about my investments, mostly because I don’t have very many. I’m on a Bitcoin standard and I keep my value in my unit of account." — Jimmy Song
BTC Investing vs. BTC Standard
https://jimmysong.medium.com/btc-investing-vs-btc-standard-31281b4c0dc2
In this piece, Bitcoin developer Jimmy Song explains the distinction between investing in Bitcoin and adopting a Bitcoin standard.
He argues that transitioning your unit of account to Bitcoin alters how you view money, investment, and economic value.
Furthermore, he proposes that under a Bitcoin standard, we're liberated from the constraints imposed by arbitrary investments and the relentless pursuit of inflation prevention amidst a sea of rent-seeking individuals.

2024-08-28 20:05:53

Signal Is More Than Encrypted Messaging. Under Meredith Whittaker, It’s Out to Prove Surveillance Capitalism Wrong
On its 10th anniversary, Signal’s president wants to remind you that the world’s most secure communications platform is a nonprofit. It’s free. It doesn’t track you or serve you ads.
It pays its engineers very well. And it’s a go-to app for hundreds of millions of people.
https://www.wired.com/story/meredith-whittaker-signal/

2024-08-26 13:02:46

This article highlights the recent discovery of a large data breach involving WhatsApp users' phone numbers and user IDs being sold on the dark web.
The article advises users to remain vigilant about their online security, emphasizing that it is more effective to prevent potential cybersecurity issues rather than attempting to fix them afterwards.
WhatsApp info's hit the dark web market. Stay sharp online - it's always easier to dodge cyber trouble than fix it later
https://safeonweb.be/en/news/whatsapp-infos-hit-dark-web-market-stay-sharp-online-its-always-easier-dodge-cyber-trouble-fix

2024-08-25 13:10:53

"The end result was a historical wealth transfer from regular Americans to a handful of billionaires.
This wealth transfer, which was heavily premeditated and provably used the COVID-19 crisis as cover, should be treated as an unprecedented theft from the American taxpayer.
Yet few Americans know that it even happened." -- Unlimited Hangout
The idea that Bitcoin might inadvertently strengthen the US dollar rather than challenging it seems counterintuitive, yet it's an interesting perspective.
If the government accepts and supports stablecoins, it could maintain its control over global debt markets while also benefiting from their stability and potential to facilitate more transactions.
This scenario suggests that the establishment sees these digital assets as a tool for furthering their power rather than undermining it.
Mark Goodwin and Whitney Webb's article "Trump Embraces the Bitcoin-Dollar" sheds light on this topic, providing valuable insights into the political implications of stablecoins and the potential consequences for the financial system.
The article delves into the possibility that the embrace of Bitcoin and stablecoins by the US government could be a strategic move to maintain their grip on global debt markets and expand their influence for future generations.
It's essential to consider these scenarios as we navigate the rapidly evolving landscape of cryptocurrencies and digital assets, keeping in mind the potential consequences for both individual investors and the global financial system.
Article:
Trump Embraces the “Bitcoin-Dollar”, Stablecoins to Entrench US Financial Hegemony
Trump’s recent speech on bitcoin and crypto embraced policies that will seek to mold bitcoin into an enabler of irresponsible fiscal policy and will employ programmable, surveillable stablecoins to expand and entrench dollar dominance.
https://unlimitedhangout.com/2024/07/investigative-reports/trump-embraces-the-bitcoin-dollar-stablecoins-to-entrench-us-financial-hegemony/

2024-08-21 20:54:45

"The Fed, knowingly or not, is basically in charge of the global financial system.
They may shout, “We raise rates in the US to fight inflation, global consequences be damned!!” – But that’s a hell of a lot more difficult to follow when large G7 countries are in the early stages of a full blown currency crisis.
The most serious implication is that the Fed is responsible for supplying dollars to everyone. When they raise rates, they trigger a margin call on the entire world." — Peruvian Bull
When Japan's third-largest economy encounters the impossible trilemma, what repercussions ensue?
With central banks embarking on a perilous monetary policy course, are we witnessing the beginning of a global economic domino effect leading to catastrophic collapse?
This article dives into The Dollar Endgame's insightful analysis of the Japanese market's recent nosedive, and how this precarious situation forces an agonizing choice:
- Face a disastrous currency implosion
or
- Succumb to an all-encompassing economic collapse.
Article link
Godzilla Returns
Are the Japanese finally choosing to save the currency at the cost of everything else?
https://dollarendgame.substack.com/p/godzilla-returns

2024-08-19 14:15:45

THIS VIDEO WILL CHANGE EVERYTHING YOU THINK YOU KNOW ABOUT MONEY, INFLATION AND BITCOIN.
https://www.youtube.com/watch?v=jk_HWmmwiAs

2024-08-17 12:42:27

"In fact, this is the key feature that re-energized me toward Nostr a second time after my initial experience with it.
Bitcoin and Nostr combined together work like an international decentralized open-source Venmo.
It’s a method of payment combined with payment discovery." — Lyn Alden
What impact could Nostr's decentralized, open-source protocol have on reshaping digital identities and online interactions, and what obstacles must it overcome to achieve mainstream adoption and lasting sustainability?
Article: The Power of Nostr: Decentralized Social Media and More by Lyn Alden.
https://www.lynalden.com/the-power-of-nostr/

2024-08-16 23:14:50

NSA Asked Linus Torvalds To Install Backdoors Into GNU/Linux
https://falkvinge.net/2013/11/17/nsa-asked-linus-torvalds-to-install-backdoors-into-gnulinux/
Linus Torvalds' response to the NSA remains unknown, but it's likely he pointed out that intentionally compromising Linux would be impossible due to its open-source nature, with all code changes being thoroughly reviewed by a multitude of independent contributors.
This illustrates the strength of a sovereign individual empowered by transparency.

2024-08-16 22:54:18

"It would be wrong to think of Cypherpunks as a formal group. It's more a gathering of those who share a predilection for codes, a passion for privacy, and the gumption to do something about it.
Anyone who decides to spread personal crypto or its gospel is a traveler in the territory of Cypherpunk." — Steven Levy
Lets step into 1993 and revisit the influential article that ignited the cypherpunk movement, sparking a war for control of digital privacy.
Three decades on, have the warnings of the past become today's reality? What's changed, and what's still at stake? We're diving into the origins of the crypto revolution to explore its impact on our future, and the question remains:
Have we made any real progress towards the cypherpunks' dream of a digital world where our freedom and privacy are truly our own?
Article: Crypto Rebels
https://www.wired.com/1993/02/crypto-rebels/

2024-08-09 14:37:54

"Lightning has already achieved a critical mass. It’s already obvious how a Cashu subnetwork and Fedimint subnetworks will communicate with each other: Lightning.
That’s how they were designed, so switching the common language between networks would require rebuilding most of their parts.
Like English, whatever language subnetworks use internally, Lightning is the language they use to speak to each other, and it’s already locked in." --Roy Sheinfeld
The Lightning Network (LN) is gradually becoming the shared protocol for the Bitcoin ecosystem's subnets and payment technologies.
Will this standardization expedite innovation and adoption within the Bitcoin network? Moreover, what does this imply regarding the future of Bitcoin infrastructure and its rivalry with conventional financial systems?
Here is the link to the article:
Lightning Is the Common Language of the Bitcoin Economy
https://medium.com/breez-technology/lightning-is-the-common-language-of-the-bitcoin-economy-eb8515341c11

2024-08-08 15:39:48

DocStr
https://docstr.app
This project aims to create a decentralized alternative to Google Docs, utilizing Nostr and Lightning networks.
Currently, all documents are publicly accessible for collaboration, resembling an open-source Wikipedia with Lightning integration.
However, future plans involve introducing privacy options. The goal is to foster a diverse ecosystem of decentralized alternatives to dominant tech services.

2024-08-07 15:04:26

Know your wallet like you built it.
Not everyone is a developer. Not everyone has to be.
WalletScrutiny helps everyday bitcoin users verify whether or not their wallet is truly open-source and secure. Enter your wallet's name to get started.
https://walletscrutiny.com

2024-08-07 14:15:37

📡DYK: You can sync a full Bitcoin node offline & anonymously using data beamed down from @Blockstream satellites in space via radio signals. 📡
What is a Blockstream Satellite Node:
A Blockstream Satellite Node broadcasts Bitcoin blockchain data via satellite, enhancing the Bitcoin network's accessibility, resilience and privacy.
https://stacker.news/items/638729

2024-08-06 13:36:01

sats2data
https://sats2data.africa/buy-data
An innovative service enables the purchase of mobile data plans using Lightning payments, revolutionizing travel for individuals on-the-go.
With e-SIM technology eliminating the need for physical SIM cards, this seamless solution alleviates common payment hassles like credit card declines and cash-only transactions.
As the travel industry continues to grow, Lightning's potential to disrupt it further is vast.

2024-08-06 13:23:56

You probably don't need a hardware wallet
Some counter-arguments against the overly present HW wallets in bitcoin.
https://allesvoorbitcoin.substack.com/p/you-probably-dont-need-a-hardware
Hardware wallets have long been the go-to method for secure Bitcoin storage, with the Trezor leading the way since its introduction in 2014-15.
However, this article raises a valid concern about software and firmware updates that may not be compatible with older hardware.
If these updates are only reliable for a few years at most, it calls into question the longevity of such wallets as a store of value for Bitcoin holders.

2024-07-31 13:42:38

California’s Department of Motor Vehicles has found a unique way to prevent fraud: simply upload 42 million car titles to the blockchain. The move allows more than 39M Californians to claim and access their vehicles through a mobile app in early 2025, a first for the U.S.

2024-07-30 17:22:15

To better understand L2 on Bitcoin L1
Second layers and other projects on top of bitcoin
https://braiins.com/blog/second-layers-and-other-projects-on-top-of-bitcoin

2024-07-29 13:01:25

World grapples with fallout from CrowdStrike outage
CrowdStrike blames bug for letting bad data slip through, leading to global tech outage
https://apnews.com/article/crowdstrike-tech-outage-microsoft-windows-falcon-4bc4b6817614c274daeabf0e2c52477a
One company's significant impact on the internet stems from a lack of trust in the underlying technology.
Computers, despite appearing to be individual devices, often rely on numerous third-party plug-ins and dependencies, which can contribute to widespread disruptions like the recent global outages.
This is why Bitcoin node software does not automatically update; doing so would introduce systemic risks that could compromise the entire network's stability.

2024-07-25 19:56:04

RFK Jr. Says He'd Make the Government Buy $615 Billion in Bitcoin
If elected, Kennedy says he wants the United States’ Bitcoin reserves to match its gold reserves.
https://decrypt.co/241670/rfk-government-buy-615-billion-in-bitcoin

2024-07-22 17:16:41

Bitcoin Design - Daily Wallet
https://bitcoin.design/guide/daily-spending-wallet/
The Bitcoin Design Guide offers a valuable reference implementation for daily Bitcoin wallets, emphasizing user-friendliness, a lightning-first approach, and minimal Bitcoin jargon.
This guide provides a comprehensive blueprint for creating easy-to-use wallets that cater to the needs of everyday users, and its high level of detail suggests a strong commitment to improving the overall Bitcoin user experience.
The hope is that more products will adopt these UX principles and contribute to a more accessible and user-friendly cryptocurrency ecosystem.

2024-07-22 17:00:13

Stratum.work
https://stratum.work
This website introduces a visualization tool that provides insight into the mining activities of various mining pools.
By examining headers, first non-coinbase transactions, and other statistics, users can understand the specific blocks each pool is targeting and compare them to the blocks shared with their pool members.
This unique perspective offers valuable information for monitoring and analyzing the mining behavior of different pools in the cryptocurrency ecosystem.

2024-07-22 15:54:24

Domains hijacked for multiple crypto project websites
Researchers: Weak Security Defaults Enabled Squarespace Domains Hijacks
https://krebsonsecurity.com/2024/07/researchers-weak-security-defaults-enabled-squarespace-domains-hijacks/
Domain hijacking, a cybersecurity threat where malicious actors take control of legitimate domain names, can have significant implications for internet users, particularly through potential phishing attacks.
In such cases, the attackers use the hijacked domain to obtain login credentials by creating a fraudulent version of a trusted website.
The urgency to act upon receiving unsolicited communications, often sent via email, increases the likelihood of falling victim to these attacks.
Users must exercise caution and remain vigilant when receiving emails, even from reputable sources, to protect their personal information and prevent unauthorized access to their accounts.

2024-07-22 13:55:42

Leaked Cellebrite Tool Docs Reveal List of Phones That Can Be Unlocked
https://cybersecuritynews.com/phones-cellebrite-tool-can-unlock/
Documents leaked from Cellebrite, a digital forensic solution provider created in Israel, have revealed a list of smartphones that can be unlocked using their tools.
The leaked document, obtained by Cybersecurity News, includes models from various manufacturers such as Apple, Samsung, and Google, as well as devices running on different operating systems.
Cellebrite's tools are widely used by law enforcement agencies and governments worldwide, raising concerns about the potential impact on user privacy and security, especially given Israel's reputation for producing surveillance technology.
The leak highlights the importance of addressing the security and privacy implications of these technologies and ensuring that user data is protected from unauthorized access, particularly when used by governments with a history of surveillance.

2024-07-22 13:31:43

BREEZ LIGHTNING SDK INTEGRATING SUPPORT FOR LIQUID NETWORK
A new option for using Bitcoin is coming to the Breez SDK.
https://bitcoinmagazine.com/technical/breez-lightning-sdk-integrating-support-for-liquid-network
The Breez Lightning SDK, a popular open-source platform for integrating the Lightning Network into Bitcoin applications, is set to introduce support for the Liquid Network.
This development, as reported by Bitcoin Magazine, will provide users with an alternative Bitcoin option through the Breez SDK.
The Liquid Network, a federated sidechain built on Bitcoin's blockchain, enables faster and more confidential transactions.
The integration aims to enhance the functionality and flexibility of the Breez SDK, catering to the diverse needs of developers and users within the cryptocurrency ecosystem.

2024-07-19 12:39:19

Global cyber outage. Cybersecurity platform CrowdStrike is "down" worldwide, causing global IT problems, Microsoft crashes, 911 outages across several US states, and disruptions in international airlines, banks and media outlets.
So you are sill using Microsoft Windows?

2024-07-12 14:54:35

- reply

it's great to see productivity tools emerge that keep the power in your hands.

2024-07-12 14:48:22

Proton launches Docs for private collaborative document editing
Introducing Docs in Proton Drive – collaborative document editing that’s actually private
https://proton.me/blog/docs-proton-drive
The increasing use of personal data for surveillance and AI training is concerning.
It's refreshing, therefore, to see productivity tools like Venice.ai that prioritize user privacy and empower individuals with control over their data.

2024-07-09 17:43:51

Hackers accessed cell phone numbers of 2FA app Authy users
Twilio says hackers identified cell phone numbers of two-factor app Authy users
https://techcrunch.com/2024/07/03/twilio-says-hackers-identified-cell-phone-numbers-of-two-factor-app-authy-users/?utm_source=hs_email&guccounter=2
A phone number in the hands of a hacker poses significant security risks. Hackers can exploit this information through social engineering tactics or by colluding with unethical carrier employees to execute a SIM swap attack. This allows them to hijack your phone number, potentially bypassing two-factor authentication (2FA) systems that rely on text messages. Such breaches can lead to unauthorized access to various accounts and sensitive information. To mitigate these risks, it's advisable to take proactive measures to secure your phone number. One recommended approach is to use a secure provider like Efani or Cloaked Wireless, which offer enhanced protection against SIM swapping and other phone-based security threats.

2024-07-09 17:08:16

"Submarine Swaps employ hash time-locked contracts (HTLCs), which in layperson’s terms, enable two transactions (both sides of the swap) to happen simultaneously by linking them together cryptographically inside of a smart contract. Using this technology, there is no way for one exchange to occur without the other occurring at the same moment.
This is the most trustless solution that exists for moving sats between Bitcoin layers."-- Frank Corva
Trustless bridges play a crucial role in connecting Bitcoin's various layers, with Boltz emerging as a key player in this space. As a non-custodial exchange service, Boltz is transforming the way Bitcoin moves between the base chain, Lightning Network, and Liquid. The service utilizes atomic swaps and submarine swaps to facilitate efficient and seamless cross-layer transfers, eliminating the need for intermediaries. These innovations are significant for the future of Bitcoin's layered ecosystem, potentially enhancing interoperability, liquidity, and overall functionality across different Bitcoin layers. The implications of these advancements could lead to a more integrated and versatile Bitcoin network, improving user experience and expanding the cryptocurrency's utility in various applications.
Here is the original article:
BETWEEN BITCOIN LAYERS: BOLTZ BUILDS TRUSTLESS TRANSFERS
Boltz co-founder and CEO Kilian and his team have created an easy-to-use, non-custodial solution for moving bitcoin between the base chain, Lightning and Liquid.
https://bitcoinmagazine.com/business/between-bitcoin-layers-boltz-builds-trustless-transfers

2024-07-09 16:44:56

"Whatever your setup is for storing the majority of your bitcoin - be it hot or cold, online or offline, software or hardware - if you can access and spend it in a matter of minutes, so can a robber armed with a $5 wrench.
The price for convenience is risk. This is not merely a theoretical scenario; I have cataloged over 50 physical attacks against bitcoin users, including myself!" -- Jameson Lopp
Bitcoin holders face a unique security challenge: protecting their assets from physical threats, including the infamous "$5 wrench attack."
This comprehensive guide, inspired by Jameson Lopp's work, outlines practical strategies for safeguarding cryptocurrencies against coercion and theft.
The article emphasizes the importance of privacy, multi-signature setups, and geographic distribution of keys as foundational elements of a robust security plan.
It explores various tactics, from basic precautions like maintaining a low profile to more advanced measures such as creating decoy wallets and implementing duress passwords.
The guide also delves into the concept of "plausible deniability" and discusses the potential benefits of holding cryptocurrencies through corporate structures.
By adopting a multi-layered approach to security, Bitcoin owners can significantly reduce their vulnerability to physical attacks and ensure the long-term safety of their digital assets.
Here is the original article:
How to protect your bitcoin from $5 wrench attacks
https://blog.casa.io/how-to-protect-your-bitcoin-from-5-wrench-attacks/

2024-07-03 13:50:27

The Lightning Network has the potential to be the catalyst for Bitcoin's mass adoption and financial innovation.
The ambitious plans of the Lightning Alliance, coupled with the revolutionary potential of Taproot assets, are set to transform the Bitcoin ecosystem.
Interoperability with lightning as the universal language of Bitcoin, along with cutting-edge protocols, are paving the way for a new era in decentralized finance. These exciting new tools are ushering in a bold future for the cryptocurrency landscape.
"Joltz is one company that is actively building the necessary infrastructure to support this interoperability. By developing an SDK that allows wallets to integrate with swap providers easily, Joltz aims to streamline the process of connecting various sidechains with the Lightning Network.
Highlighting the efficiency gains from using Lightning as a central hub." --Bitcoin Magazine
Here is the original Article: "Bitcoin Lightning Alliance to Accelerate Adoption Using New Asset Protocol"
https://bitcoinmagazine.com/technical/bitcoin-lightning-alliance-to-accelerate-adoption-using-new-asset-protocol

2024-06-24 12:54:52

Bitcoin's fiat price is exactly where it wants to be https://image.nostr.build/9ef41cb4e3d517cc1f5e8bdc06826abfe3115a42defede590b8019c05bad28c8.jpg

2024-06-20 12:48:35

EU Council has withdrawn the vote on Chat Control
Lack of majority thanks to severe pushback puts the proposal on hold.
https://stackdiary.com/eu-council-has-withdrawn-the-vote-on-chat-control/
EU citizens remain vigilant and engaged in the debate over digital privacy and surveillance.

2024-06-19 13:12:30

*Chat Control Must Be Stopped – Now!*
With its legislative proposal known as “Chat Control,” the EU Commission is trying to establish an unprecedented mass-surveillance apparatus of Orwellian proportions in the European Union.
If EU citizens don’t act now, Chat Control could become a reality and online privacy a thing of the past.
Mass surveillance is an incredibly bad idea for a number of reasons. We highlight three of them on our blog:
https://three.ma/chatcontrol
What can you do?
Since the matter may be decided this Wednesday, June 19, 2024, time is a critical factor. If you’re an EU citizen, please consider contacting your government’s representative today, asking them to vote against Chat Control.

2024-06-15 13:47:37

5 reasons to integrate Bitcoin Lightning Network into your business
Discover how payment processing with Bitcoin Lightning Network can be the key to take your business to the next level.
https://blog.clovrlabs.com/en/5-reasons-to-integrate-bitcoin-lightning-network-into-your-business/

2024-06-14 17:17:13

Here is a great place to look for relays:
Online Relays
Relays where a connection can currently be established.
https://nostr.watch/relays/find#Online

2024-06-13 14:40:10

#Bitcoin distribution. https://image.nostr.build/612c2c60d3d74658e637730a597ed4dc09a81e5b81464476004e5af3747590e2.jpg

2024-06-13 13:48:10

Switch to a Chat GPT that is not centralized.
“When you, as a Venice user, make a request, it is transmitted to our proxy server, then directed to a pool of GPUs running across a collection of decentralized providers. After the GPU processes the request using the open-source AI model you selected, the response is then streamed directly back to your browser via the proxy, but without persisting it in any form of permanent Venice storage.”
Venice.ai Privacy Architecture
https://venice.ai/blog/venice-ai-privacy-architecture

2024-06-12 14:57:34

LIGHTNING IS THE COMMON LANGUAGE OF THE BITCOIN ECONOMY
Lightning is becoming a translation layer, or a glue, that holds together different systems built on Bitcoin.
https://bitcoinmagazine.com/technical/lightning-is-the-common-language-of-the-bitcoin-economy-

2024-06-11 15:32:44

SOFTWARE WALLETS
Comparing 23 Bitcoin Software Wallets feature by feature
https://thebitcoinhole.com/software-wallets

2024-06-11 15:08:52

“ICBC said that Bitcoin has managed to retain a scarcity similar to gold through its mathematical consensus mechanism. The flagship crypto has resolved issues related to divisibility, authenticity verification, and portability.
The report added that despite Bitcoin’s waning monetary attributes, its status as an asset is solidifying.”
World’s largest bank ICBC praises the evolution of Bitcoin, Ethereum as innovative financial assets
ICBC compared Bitcoin to gold and said Ethereum has established itself as “digital oil” capable of powering myriad applications across the web3 ecosystem.
https://cryptoslate.com/worlds-largest-bank-icbc-praises-the-evolution-of-bitcoin-ethereum-as-innovative-financial-assets/

2024-06-11 14:04:17

“Educating the world about bitcoin has succeeded in building a community of knowledgeable, dedicated, enthusiastic people from the fields of tech, economics, politics, and finance, but orange pilling has taken us as far as it can. Like many strategies, the marginal gains of educating the world were remarkable in the early stages, but they’ve flattened… Orange pilling has stopped working.” -- Roy Sheinfeld
As the cryptocurrency landscape evolves, the traditional “orange-pilling” strategy – the process of educating and convincing people about the merits of Bitcoin – seems to be losing its effectiveness. This article delves into the potential limitations of this approach and explores new avenues that could drive broader adoption in a rapidly changing landscape.
The concept of orange-pilling, derived from the famous “red pill” analogy in the Matrix, has been a cornerstone of the Bitcoin community's efforts to spread awareness and understanding. However, as the technology matures and the market becomes more saturated, relying solely on educational efforts may no longer be sufficient. This article aims to provide a fresh perspective on creating real-world utility for Bitcoin, which could be the key to unlocking its true potential and driving widespread adoption.
Orange Pilling Has Stopped Working.
https://medium.com/breez-technology/orange-pilling-has-stopped-working-4a407252c7a3

2024-06-11 13:09:15

Online Privacy: An Endangered Species
https://threema.ch/en/blog/posts/online-privacy-endangered-species

2024-06-10 14:06:23

“In NRA, the Court addressed a critical issue impacting not only traditional advocacy groups but any disfavored, but legal, industry. This ruling draws parallels to Operation Choke Point 2.0, where U.S. regulators have allegedly been targeting crypto businesses through financial exclusion. Moreover, the recent _Cantero_ decision sheds light on how this legal framework might impact Custodia Bank's appeal against the denial of their master account by the Federal Reserve.” -- Colin Crossman
Recent Supreme Court rulings could provide powerful legal ammunition to combat the excessive regulatory crackdown and unlawful assaults on the Bitcoin and cryptocurrency industry. These verdicts may reshape the battle against Operation Choke Point 2.0, which aims to cut off the crypto market's access to financial services. Additionally, they could influence the ongoing struggle of Custodia Bank, whose application for a Federal Reserve account was rejected, potentially opening new avenues for the bank to challenge that decision. These rulings shed light on the implications for the crypto space and may offer opportunities to counter the overreaching measures threatening its growth and innovation.
Great article by Colin Crossman.
NRA & Cantero in the Supreme Court: Implications for Operation Choke Point 2.0 and Custodia Bank
https://bitcoinmagazine.com/legal/nra-cantero-cases-implications-for-operation-choke-point-2-0-and-custodia-bank

2024-06-10 13:45:38

The establishment, driven by an insatiable desire for control and oversight, has embarked on a relentless pursuit of convenience under the guise of progress. However, this facade conceals a more controlling agenda – the systematic erosion of individual autonomy in financial transactions.
By implementing intricate layers of surveillance and monitoring mechanisms, they have effectively erected barriers that impede the free flow of value between individuals. This deliberate obfuscation of peer-to-peer transactions not only undermines personal privacy but also serves as a potent tool for maintaining centralized authority over the very lifeblood of economic exchange.
Want to pay cash? That’ll cost you extra
https://finance.yahoo.com/news/want-pay-cash-ll-cost-120000404.html
“The stadium’s concession stands no longer take cash. An employee directed him to a kiosk that could convert his greenbacks into plastic. Khamallah, 41 years old, fed $200 into the reverse ATM, which subtracted a $3.50 fee and spat out a debit card with a balance of $196.50.”

2024-06-10 13:26:10

Bring Your Own Lightning Address
https://zine.wavlake.com/bring-your-own-lightning-address/

2024-06-09 13:27:34

The article argues that understanding Bitcoin is not a test of intelligence, but rather a test of humility. It suggests that those with high IQs often struggle to grasp Bitcoin's core principles due to their egos and preconceived notions.
The author contends that Bitcoin challenges traditional ways of thinking and requires an open mind to comprehend its decentralized, trustless nature.
The article emphasizes that Bitcoin's true value lies in its ability to transfer value without relying on third parties, which is a paradigm shift from traditional financial systems.
Ultimately, the article posits that embracing Bitcoin requires setting aside one's ego and humbly accepting a new way of thinking about money and trust.
Bitcoin is Not an IQ Test But a Humility Test
https://www.piecover.com/2024/06/bitcoin-is-not-iq-test-but-hmility-test.html?m=1

2024-06-03 13:25:00

Sooner or later you will be misidentified by your government with noble and good intentions.
'I was misidentified as shoplifter by facial recognition tech'
https://www.bbc.com/news/technology-69055945

2024-06-03 13:18:53

Still using PayPal and Venmo?
PayPal Is Planning an Ad Business Using Data on Its Millions of Shoppers
Payments company hires Uber’s former head of advertising to run a new ad division
https://www.wsj.com/articles/paypal-is-planning-an-ad-business-using-data-on-its-millions-of-shoppers-cc5e0625

2024-06-03 13:05:53

“Fedimint is a scalable self-custodial off-chain programmability layer on top of Bitcoin. It allows for use cases that are difficult, time-consuming, and unscalable for general users to do on-chain today. You might think I had a typo calling Fedimint a self-custodial network. Let me explain…” --Tony Giorgio
Embracing Nuance and Exploring Novel Solutions
In our pursuit of solutions, we often risk overlooking the nuances that could unlock a wealth of novel and highly valuable approaches to our problems. The goals we set for ourselves, such as those envisioned with Bitcoin, should not be viewed as final conclusions but rather as points along a never-ending spectrum of exploration and growth. Fedimint represents a profound shift in the realms of trust and privacy for Bitcoin users, breaking down enormous barriers to the provision of services. By embracing the nuances and remaining open to innovative solutions, we may discover paths that transcend our current limitations and unlock new horizons of possibility.
Evaluate how this approach measures up against Bitcoin's trust model and other currency networks. Compare it to Wrapped Bitcoin on the Ethereum blockchain, zero-knowledge roll-up technologies, state chains running on secure enclaves considered noncustodial, and other cryptocurrencies without questionable pricing schemes (insofar as they are legally permitted to operate as self-custodial networks).
This article reframes both the problem and the solution to the many challenges of building in this new industry.
Fedimint (Federated Ecash) is Self-Custodial by Tony Giorgio
https://tonygiorgio.com/fedimint/

2024-05-26 12:51:04

https://image.nostr.build/4fe2b82dee5a0080ec9b9839aa0a0b99574aad9ed4a486a322516464e88d9edd.jpg

2024-05-25 12:54:37

“This capability ensures that participants can trust the system's integrity without the need for mutual trust among users. It fundamentally alters how trust is brokered globally, extending the reach of reliable transactions beyond traditional, geographic, and institutional boundaries.” -- Adolfo Contreras
Bitcoin's Transformative Potential for Global Financial Inclusion
Blockstream has published a thought-provoking piece by Adolfo Contreras, titled “Scaling Trust: Bitcoin's Role in Bridging the Global Digital Divide.”
This insightful article delves into how Bitcoin redefines trust in our increasingly globalized and digitized world. It explores the revolutionary impact of blockchain technology, shedding light on its potential to transform financial systems, particularly in developing nations.
The article provides an in-depth analysis of the fundamental elements of trust, tracing the evolution of financial institutions and their role in fostering confidence in economic transactions.
Contreras skillfully examines how Bitcoin's decentralized and transparent nature challenges traditional models of trust, offering a compelling alternative that could empower underserved communities worldwide.
By leveraging the immutable and borderless nature of blockchain technology, Bitcoin presents a unique opportunity to bridge the digital divide and promote financial inclusion on a global scale.
The article offers a compelling perspective on how this innovative technology could disrupt existing power structures and democratize access to financial services, empowering individuals and communities that have historically been marginalized or excluded from traditional banking systems.
Overall, Contreras' article is a must-read for anyone interested in understanding the profound implications of Bitcoin and blockchain technology on the global financial landscape.
It provides valuable insights into the fundamental shifts in trust dynamics and the potential for these emerging technologies to catalyze positive change, particularly in regions where access to financial services has been a persistent challenge.
Here is the articles link:
Scaling Trust: Bitcoin’s Role in Bridging the Global Digital Divide
https://blog.blockstream.com/scaling-trust-bitcoins-role-in-bridging-the-global-digital-divide/

2024-05-23 15:34:05

“It is like exercising a veto you hold for anything and everything, and yes, vetoes are important in consensus systems. But disrupting conversation is not the veto, the actions of actual transacting economic actors deciding what software to run or not run is the veto. This denial of service on dialogue is not some noble or righteous crusade to save Bitcoin, it is an active attack on those economic actors and their ability to gain a better understanding making an informed decision on whether to veto something or not.” -- Shinobi
This read helps us navigate the turbulent discourse on Bitcoin Consensus
The realm of Bitcoin consensus has become a contentious battleground, with the surrounding dialogue often marred by disruptive forces.
One alarming trend that has emerged is the prevalence of “denial-of-service attacks” aimed at stifling meaningful discussions within the Bitcoin community.
This phenomenon raises critical questions:
Is it a calculated attempt to silence innovative ideas and dissenting voices?
Or is it a necessary friction to uphold the integrity of Bitcoin's foundational principles?
Alternatively, could it be an unavoidable consequence of Bitcoin's remarkable success and the diverse perspectives it has attracted?
It is crucial to strike a balance between fostering open discourse and maintaining the core values that have made Bitcoin a revolutionary force in the financial landscape.
While the free exchange of ideas is essential for the growth and evolution of any technology, it is equally important to safeguard the fundamentals that have earned Bitcoin its credibility and widespread adoption.
Original article
A DENIAL OF SERVICE ATTACK ON BITCOIN CONSENSUS
The reason conversations around consensus are a dysfunctional mess is not because of the people proposing changes, it's because of the people refusing to listen in good faith.
https://bitcoinmagazine.com/culture/a-denial-of-service-attack-on-consensus

2024-05-23 14:59:29

Pay attention Bankers
Xapo Bank enables bitcoin deposits via Lightning Network
https://www.theblock.co/post/296262/xapo-bitcoin-lightning-network

2024-05-22 13:09:37

Bitcoin fees are low again time to clean some dust 😉

2024-05-17 13:50:37

Lightning Addresses with Trust Minimization
Mutiny wallet introduces an innovative approach to creating lightning addresses that minimizes trust requirements.
It leverages your ecash public key to lock incoming payments, which you must subsequently spend into your own lightning node to access the funds.
This concept, while not entirely new as it underpinned the Hermes project, gains significance through its implementation in a popular lightning wallet.
By integrating this trust-minimized method for generating lightning addresses, Mutiny wallet empowers users with an accessible means to enhance privacy and security when transacting on the Lightning Network.
Federated Lightning Addresses for Mutiny+ Users
We're happy to announce that we're launching the preview version for Mutiny+ users!
https://blog.mutinywallet.com/federated-lightning-addresses-for-mutiny-users/
My Lightning address for life:
williamsantiago@mutiny.plus

2024-05-07 12:58:43

"This is a fancy way of saying that you need money to make markets, and you need decentralized, open, digital money to make decentralized, open, digital markets.
Furthermore, higher layers require lower layers to exist, but lower layers benefit from the value created at higher layers. However valuable layer one Bitcoin can be as a new global money, it can become significantly more valuable if we recognize it as a crucial technical building block to building markets with the potential to disrupt many other human networks." --Dhruv Bansal, Ryan Gentry & Allen Farrington Bitcoin's base layer enables us to rethink how we approach the prevalent problems of internet centralization, abusive platforms, and censorship. By breaking these concerns down into their most fundamental components and solving each one individually, we can begin to address the broader challenges of permissionless communication, scalable decentralized payments, service provision, and globally accessible open networks. The team at AxiomBTC, including authors Dhruv Bansal, Ryan Gentry, and Allen Farrington, explores how Bitcoin can be leveraged to re-decentralize the internet in their latest piece.
By focusing on Bitcoin's core capabilities and applying them to specific issues, we may uncover new paths to solving the internet's systemic problems.
The Bitcoin Stack
Decentralized Order Books as a Framework for Decentralizing the Internet
https://www.axiombtc.capital/stack

2024-05-05 12:43:26

Bitcoin en Español / Bitcoin in Spanish
https://estudiobitcoin.com

2024-05-04 14:10:34

Not Displaying backup seed phrase after wallet creation
Shifting Responsibility to the Individual
The rationale behind not displaying backup words (also known as seed phrases or recovery phrases) is to shift the responsibility to the sovereign individual. This approach aims to avoid creating a single point of failure that could compromise the security of the user's assets.
Empowering the Individual
By not providing the backup words directly within the app, the responsibility for safeguarding this critical information falls on the individual user. This approach empowers the user to take ownership of their digital assets and the associated security measures.
Challenges of Personal Responsibility
However, as you rightly point out, we live in a society where personal responsibility can be perceived as too much hard work. Many users may find the burden of properly storing and protecting their backup words to be a significant challenge.
Balancing Security and Usability
The decision to shift the responsibility to the individual is a trade-off between security and usability. While it enhances the overall security of the system by eliminating a potential point of failure, it also places a greater burden on the user to manage their own security practices.
Educating Users
To address this challenge, it is crucial for the app or service providers to offer comprehensive educational resources and guidance to help users understand the importance of properly securing their backup words and the consequences of failing to do so. This can include step-by-step instructions, best practices, and even tools to facilitate secure storage and management of the backup words.
By striking a balance between security and usability, and providing adequate user education, the app or service can empower individuals to take responsibility for their digital assets while minimizing the risk of security breaches.

2024-05-03 15:45:55

Bitcoin Basics Workshop Episode 2 https://www.meetup.com/bitcoincuracao/events/300804085/?utm_medium=referral&utm_campaign=share-btn_savedevents_share_modal&utm_source=twitter #Meetup via @Meetup

2024-05-01 20:49:27

Bitcoin Curaçao Meetup
https://btcmap.org/merchant/node:11872569854
Is in the BTC Map

2024-05-01 12:11:55

What is the 10101 coordinator?
https://10101.finance/blog/what-is-the-10101-coordinator/
10101 aims to bring self-custodial p2p perpetual futures trading to users without sacrificing UX. Centralized exchanges are easy as they only have to keep a book updating all events on their own system.
But 10101 is distributed. Every user is running their own trading node through the 10101 app or dlc connect web app.

2024-04-29 16:46:07

“As we discussed in Entering the Bitcoin Renaissance, our last edition, Lightning Labs CEO and Co-Founder Elizabeth Stark told The Block, “a major narrative of the next cycle will be the bitcoin renaissance, and it has already begun in full swing.” Only a few months later, and that is proving to be quite prescient!” --Ryan Gentry
The Bitcoin Renaissance: Exploring the Advancements in the Lightning Ecosystem
Highlights from the Lightning Labs Article
The article “The Bitcoin Renaissance: How Lightning Will Connect Everything” from Lightning Labs provides an insightful look into the major advancements happening in the layer 2 ecosystems built on top of Bitcoin. Here are the key points covered:
1. Surge in Development Excitement: The article highlights the growing excitement and development activity around the Lightning Network and other layer 2 solutions on Bitcoin. This includes the unveiling of numerous innovative projects in recent months.
2. Increasing Connection between Lightning and AI: The article delves into the emerging synergies between the Lightning Network and advancements in artificial intelligence (AI). It explores how these two technologies can complement each other and drive new use cases.
3. Projects to Watch: The article identifies several prominent projects within the Lightning ecosystem that are worth keeping an eye on as the Bitcoin ecosystem continues to evolve. These projects are solving real-world problems and creating new value.
Personalized Insights
As a dedicated cybersecurity professional with extensive experience in the networking, cyber-security, and fintech domains, I found this article to be a valuable resource for understanding the current state of the Lightning ecosystem and the exciting developments unfolding.
The surge in development activity and the increasing integration of Lightning with AI are particularly intriguing to me. I can see the potential for these advancements to enhance security, enable new financial applications, and drive innovation in the decentralized finance (DeFi) space.
Given my background in blockchain and crypto assets, I'm especially interested in the projects mentioned that are pushing the boundaries of what's possible with the Lightning Network. I'll be sure to follow the progress of these initiatives as the Bitcoin ecosystem continues to evolve.
Overall, this article provides a comprehensive and engaging overview of the “Bitcoin Renaissance” happening in the layer 2 space. It's a must-read for anyone interested in the future of Bitcoin and the innovative solutions emerging within its ecosystem.
Article Link:
The Bitcoin Renaissance Is in Full Swing: How Lightning Will Connect Everything Off-Chain.
https://lightninglabs.substack.com/p/the-bitcoin-renaissance-is-in-full

2024-04-27 13:16:44

Great video
NWC: non-custodial payments for any app - Moritz Kaminski
https://www.youtube.com/watch?v=OCt6-pIUDqk&t=2

2024-04-25 15:21:39

DoJ sets its sights on Bitcoin privacy
https://freedom.tech/doj-tightens-strangehold-on-bitcoin-privacy/
"As a privacy advocate
While it may seem too simple, the first and most important way that we can all take up the fight for privacy is to keep talking about this case and its implications.
The moment we are silent and let the DoJ prosecute Samourai Wallet in the dark, we have lost."

2024-04-22 14:36:57

Still using Facebook for personal information?
Dutch privacy watchdog recommends government organisations stop using Facebook
https://www.reuters.com/world/europe/dutch-privacy-watchdog-recommends-government-organisations-stop-using-facebook-2024-04-19/

2024-04-20 14:49:13

T-Mobile, Verizon workers get texts offering $300 for SIM swaps
https://www.bleepingcomputer.com/news/security/t-mobile-verizon-workers-get-texts-offering-300-for-sim-swaps/?utm_medium=email&utm_source=hs_email
If you hold bitcoin, avoid using SMS-based 2FA if you can. Consider using a security key, such as Yubikey to lock down your account. You can also lock down your number using security-focused providers such as Efani and Cloaked Wireless. It's wise to look into these options now because a new market cycle means new hackers.

2024-04-18 13:38:19

"On the face of it, Bitcoin’s existence seems to violate Mises’s theorem, unless a preceding non-monetary use can be demonstrated. That is, Bitcoin would have to be first valued for its direct utility before it could hold indirect exchange value. So have the criteria been met, or does Bitcoin violate the theorem?" - Emile Phaneuf
The argument that Bitcoin violates Ludwig von Mises's Regression Theorem is a common one among those who have been involved with Bitcoin for some time.
However, the emergence of Bitcoin raises important questions about the applicability of Mises's observation in the digital age. The Regression Theorem posits that the value of money is derived from its previous use as a medium of exchange.
With the advent of Bitcoin, a purely digital currency with no physical form, one could argue that it challenges this theorem. After all, Bitcoin did not evolve from a previous commodity money, but rather was created from scratch as a new form of digital money.
Yet, the success and widespread adoption of Bitcoin suggests that there may be more nuance to Mises's theory than is often assumed. The dynamics of the digital economy, with its rapid innovation and global connectivity, may require a re-examination of how we understand the origins and value of money.
The rise of Bitcoin, and the broader developments in decentralized finance (DeFi), offer an opportunity to revisit and potentially expand upon Mises's insights. As a cybersecurity professional with experience in blockchain and crypto assets, I find this a fascinating area of inquiry, with important implications for our understanding of money and the future of finance.
Original article: Mises’s Regression Theorem, Bitcoin, and Subjective Value Theory https://www.aier.org/article/misess-regression-theorem-bitcoin-and-subjective-value-theory/

2024-04-14 13:21:26

Asynchronous Lightning Payments
Voltage provides a comprehensive overview of the utility and advancements in asynchronous lightning payments.
As they highlight, there have been several innovative ideas in this space, many of which require the recipient to come back online before the payment can be completed.
However, Voltage also points out some of the potential risks associated with these approaches, which include the need to trust the Lightning Service Provider.
To address these concerns, technologies like BOLT12 and PTLCs could be leveraged to prevent the reuse of invoices, thereby enhancing the security and reliability of asynchronous lightning payment systems.
ASYNC PAYMENTS ON THE LIGHTNING NETWORK
https://voltage.cloud/blog/lightning-network-faq/how-async-payments-on-lightning-network-work/

2024-04-09 14:07:58

Big Tech passkey implementations are a trap
https://proton.me/blog/big-tech-passkey

2024-03-24 15:13:21

Congress is Unconstitutionally Criminalizing Privacy
An explanation of the Corporate Transparency Act and a call to action for those affected by it.
https://blog.lopp.net/congress-is-criminalizing-privacy/

2024-03-22 15:13:00

SIM swappers hijacking phone numbers in eSIM attacks
https://www.bleepingcomputer.com/news/security/sim-swappers-hijacking-phone-numbers-in-esim-attacks/

2024-03-20 14:30:59

The idea, which was always inevitable, is to plug Lightning into the existing banking infrastructure of IBANs and SEPA. As a result, merchants can accept bitcoin with instant settlement, it enables MiCA-compliant on- and off-ramps for bitcoin, and companies can pay their employees in bitcoin, all with only minimal KYC and fees.
Bringin Bitcoin to Retail Banking with the Breez SDK
https://medium.com/breez-technology/bringin-bitcoin-to-retail-banking-with-the-breez-sdk-e4d5822dca5c

2024-03-09 17:08:59

Worried about SIM swaps? Now, you have options.
This guide dives into additional methods to enhance your phone's security, such as two-factor authentication (2FA).
21 tips for securing your bitcoin
https://blog.keys.casa/21-tips-for-securing-your-bitcoin
Efani ( @efani. @haseeb ), a reputable service provider, employs an 11-layer authentication protocol to safeguard against unauthorized number porting by hackers. It's encouraging to witness various companies prioritizing this concern.

2024-03-07 12:21:07

Popular video doorbells can be easily hijacked, researchers find
https://techcrunch.com/2024/02/29/popular-video-doorbells-eken-tuck-hijacked-researchers/

2024-02-25 13:12:01

Elon should deploy @Starlink satellites running #bitcoin / #BitcoinLayer2 node to the moon using @SpaceX, so we can have constant communication and value transfer capabilities even on the dark side of the moon.

2024-02-21 15:18:48

India's IT ministry looks to block Proton Mail on request of Tamil Nadu police
https://www.hindustantimes.com/india-news/it-ministry-looks-to-block-proton-mail-on-request-of-tamil-nadu-police-101707938167006.html

2024-02-13 13:21:43

33,000 new immersion-cooled #bitcoin mining computers connect online today. This 100 megawatt facility is now the largest electricity user in Sadersville, Georgia.
Why are we not doing this?

2024-02-04 14:06:16

The Seven Characteristics of Money
Characteristics that a good currency must be and call itself sound money.
1. Acceptable (Lightning-Liquid)
2. Divisible (divisible by 8 decimal points, It must be divisible. Money should be relatively easy to separate and recombine without affecting its fundamental characteristics. An extension of this idea is that the item should be 'fungible')
3. Durable (15 years uptime, It must be durable. Money must stand the test of time and the elements. It must not fade, corrode, or change through time)
4. Limited Supply (Finite scarcity only 21 Million)
5. Portable (It must be portable. Money hold a high amount of 'worth' relative to its weight and size)
6. Uniform (Fungible, Being of such nature or kind as to be freely exchangeable or replaceable, in whole or in part, for another of like nature or kind)
7. Stable
Finally, it must have intrinsic value. This value of money should be independent of any other object and contained in the money itself.

2024-01-27 14:17:00

Phishing emails circulating after Trezor support portal breach
Trezor support site breach exposes personal data of 66,000 customers
https://www.bleepingcomputer.com/news/security/trezor-support-site-breach-exposes-personal-data-of-66-000-customers/
Most scams have these two signs. You'll receive some sort of offer or request regarding assets, and there will be some sense of urgency. Don't trust an email and never type a seed phrase into an internet-connected computer.