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BIP-148 was only a bluff if nodes don't actually control Bitcoin. Sound bite from the Plan ₿ Forum - El Salvador heater debate on BIP 110 with Mechanic #BIP-110 Luke Dashjr Tone Vays BitMEX Research Giacomo Distributed-Authoritarian Plebslop Zucco

13,931 次观看 • 6 个月前 •via X (Twitter)

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BITCOIN RAILS #59: Post-Quantum Bitcoin Signatures (+ their tradeoffs) | with BIP 360 co-author Ethan ✨ is on BlueSky✨ Heilman 🐱 and Blockstream Head of Research Jonas Nick 🔗 YOUTUBE: 🌿 SPOTIFY: According to BIP 360 co-author Ethan Heilman, Bitcoin needs a minimum of two soft forks to become quantum resistant: P2MR (or an output type that can safely execute PQ signatures) + a post-quantum checksig (signature scheme). Ethan and the BIP 360 team (including myself and Hunter Beast 🕯️) introduced the P2MR part via a BIP 360 update late last year—but the question remains, what’s the most appropriate PQ signature scheme for Bitcoin? They all have substantive tradeoffs, but hash-based signatures seem to be leading technical discourse—likely due to recent optimizations by Jonas Nick and the broader Blockstream research team. It was an honor to sit down with both of these men - arguably the two most influential and productive cryptographers in Bitcoin quantum mitigation right now - for an in-depth review of the leading PQ signature schemes and a temperature check on Bitcoin’s post-quantum planning process. TBH, if you want to skip the noise and jump straight to the signal on quantum, this is the interview to watch. In this episode, we discuss: - What needs to happen at the soft fork, infra, and mitigation levels to fully quantum-harden Bitcoin - Recent updates to BIP 360 + breakdown of the leading hash-based signatures schemes for Bitcoin (SHRINCS + SHRIMPS) - Why we may actually get consensus around a stateful scheme for Bitcoin - Comparisons of hash-based signatures vs Lattice and Isogeny-based schemes - Assessing the risks of both waiting too long and acting too fast (and why quantum is a better threat to be facing than a potential classical attack) This episode of Bitcoin Rails is brought to you by my NEW sponsors: - LayerTwo Labs LayerTwo Labs — developing research, software, and technologies for scaling Bitcoin via the integration of Drivechains (BIP 300/301) - Hashi on Sui — a primitive for executing Bitcoin Defi transactions, without having to trust a federated bridge or other centralized entity - BitBox BitBox — an open-source Bitcoin-only hardware wallet, with smooth UX and no compromises on security. Check out Bitbox [dot] swiss and use code BITCOINRAILS to get a discount TIMESTAMPS: 00:00 Intro 02:18 Ethan’s Quantum Wakeup 05:18 How Blockstream Enters Post Quantum 09:25 BIP 360 Explained 12:11 How Bitcoin Transitions to PQ 17:35 Choosing Post Quantum Signatures 23:20 How Blockstream Created SHRINCS 27:22 Signature Budgets Importance Explained 41:13 What are SHRIMPS? 44:51 SHRIMPS vs SHRINCS 47:48 Why SLH-DSA Alone Won’t Cut It 49:24 Is a SHRIMPS + SHRINCS BIP Coming? 51:51 Blockstream’s Big Plans for Liquid 59:04 Quantum Readiness Roadmap 01:02:22 Importance of a PQ Recovery Plan 01:05:35 How Long Would a PQ Migration Take 01:11:17 Quantum Watchlist Recommendations

Isabel Foxen Duke⚡️

23,783 次观看 • 3 个月前

Bitcoin isn't digital gold. It's not locked in by math. You can kill it. The man who ran money at Peter Thiel's hedge fund came on to explain who's trying — and why the only thing protecting Bitcoin is the people who run nodes. Matthew R. Kratter #BIP-110 — Bitcoin University founder, former Clarium / Thiel-world macro trader, early Palantir investor — joins me to lay out the fight consuming Bitcoin right now in plain English: why he says Bitcoin Core has "gone rogue," the spam war over OP_RETURN and BIP-110 he calls Bitcoin's last stand, why consensus flows from culture and not code, who actually controls the network (hint: not the miners), and how to mine Bitcoin from home for about $10 a day. Send this to anyone who thinks Bitcoin can't be stopped. TIMESTAMPS: 00:00 Intro 01:00 Physics dropout to literature — Stanford & Berkeley 05:27 René Girard & meeting Peter Thiel 07:56 Becoming a trader: Thiel Macro → Clarium 12:43 The PayPal mafia, network effects & the dot-com bottom 20:23 Global macro at Clarium & the 2003 housing-blowup call 24:08 Napster, PayPal & the "new world currency" 28:32 Government as the ultimate customer — Palantir & the CIA (In-Q-Tel) 36:00 Deep-state roots — is Peter Thiel captured? 49:32 Culture is upstream of consensus 57:00 Bitcoin isn't magic — nodes, immutability & the spam risk 1:01:42 Why spam is a problem — tragedy of the commons 1:04:30 Spam since Satoshi & the 2014 OP_RETURN war 1:14:30 The changing of the guard at Bitcoin Core 1:18:43 Core uncaps OP_RETURN to 100,000 bytes 1:28:00 Consensus flows from culture — the 2nd Amendment analogy 1:35:20 BIP-110 — the temporary soft fork 1:44:00 Why small blocks — and running nodes in Cuba 2:18:55 SegWit & the 2017 UASF — how 500 nodes won 2:24:00 The miners are just employees — node runners set the rules 2:41:46 "Firing the miners" — changing proof-of-work 2:55:18 Bitcoin Core went rogue — the last stand 2:58:50 You can kill Bitcoin 3:01:20 Mine Bitcoin from home for ~$10/day, KYC-free 3:11:09 Where to find Matt ▶️

The Bitcoin Matrix Podcast ⚡️

20,467 次观看 • 1 个月前

Living the Bitcoin Dream in the Heart of El Salvador Welcome to the vibrant Bitcoin hood in the heart of El Salvador, where the Bitcoin community is coming together for an unforgettable experience at Bitcoin Histórico on November 12th and 13th. This gathering promises to be a modern-day renaissance, celebrating financial freedom and technological innovation amidst the historical backdrop of San Salvador. Imagine the bustling streets of Centro Historico glowing orange with excitement as OGs and newcomers of the Bitcoin world converge for a two-day immersion into the world of cryptocurrencies and blockchain technology. Centro Historico, the pulsating heart of San Salvador, will be transformed into a hub of knowledge, inspiration, and community. The centerpiece of the event will be the Main Stage at the National Palace, where keynote speeches from renowned speakers will be live-streamed to giant LED screens on Plaza Gerardo Barrios. Get ready to be inspired by thought leaders such as: Don Ricardo Salinas Pliego, Russell Brand, Milena Mayorga, Max Keiser, Stacy Herbert 🇸🇻🚀, ZUBY:, Jeff Booth ⚡️, Jack Mallers, Pierre Rochard, Jimmy Song (송재준), isa⚡️, Bitstein, Darin Feinstein, Giacomo Distributed-Authoritarian Plebslop Zucco, Eric Yakes, …::: jon, wiz 🇸🇻, Fadi Elsalameen فادي السلامين ⚡️, Knut Svanholm ∞/21M, Preston Pysh, Efrat Fenigson, Lina Seiche, Tone Vays, Mechanic #BIP-110, Oleg Mikhalsky, who will share their insights and visions for the future of Bitcoin and financial liberation. But the excitement doesn't stop there – secondary stages at the National Theater and La Dalia will host panels, workshops, and freedom-tech demos led by a diverse lineup of speakers including: MURPHSLIFE, Jethro Toro🔸∞/21m 🌎, ☣️ Pleb Kruse = BTC foundationalist in exile 🟩🔆, Bitcoin Beach, Roman Martínez🇸🇻⚡️ (chimbera), Peter Todd, Delta, Dirac, kiki ✨, Airbtc, Keith Mukai, Gerson Martínez 🇸🇻🇺🇸, Seb Gouspillou, Joyce Dawn, Cherito Specialty BitCafé Roasters 🇸🇻😎☕💊🍊, The Bitcoin Hardware Store, Carlos : CEO at SimpleProof.com, Napoleon Osorio 🚖, Adam Nili 🇵🇷 🇸🇻🇨🇴, Fulmo ⚡, Jamie Robinson, May Gong Zhu, Will⚡️, And many more key figures in the Bitcoin community. Join the The Bitcoin Office Conference in El Salvador and be part of a transformative journey towards a future where financial freedom knows no bounds. Experience the convergence of innovation, culture, and resilience in the heart of San Salvador, where the spirit of liberation thrives and the potential of blockchain technology is harnessed for the betterment of all. Welcome to Bitcoin Country, where the future of Bitcoin is being shaped block by block. #Bitcoin #ElSalvador #Bukele Video By: Translating El Salvador Song: Bada Boom I Bought a Bitcoin (REMIX) By: Chandi10

Translating El Salvador

20,380 次观看 • 9 个月前

Just finished listening to Mechanic #BIP-110 's break down the spam attack vector and what he lays out is disturbing, not just technically but philosophically. Here’s the short version. Some entities are exploiting a loophole in Bitcoin’s design. They are not using inscriptions, not using op_return, but instead creating fake pubkeys to store arbitrary data on-chain. It sits in a kind of sweet spot. Not big enough to trigger current filters in Core, but damaging enough to bloat the UTXO set and push out regular node runners. And somehow the conversation has shifted. Instead of defending Bitcoin’s core purpose, some dev voices are floating the idea that we should work with the spammers. That maybe if we remove the remaining filters, the abuse will become more manageable. This is a bizarre and dangerous line of thinking. Bitcoin was never built to serve as a data dumpster. It was built to be money. Sound, verifiable, scarce. When we start redesigning Bitcoin to appease people who are actively trying to harm it, we lose the very thing that gave it credibility. Mechanic calls it out plainly. The same people who claim filters do nothing are suddenly demanding we remove them to help the spammers. It is a contradiction. A bait-and-switch. Break the protocol, then use the damage as leverage to weaken it further. This is not how strong systems survive. If we bend Bitcoin every time someone finds a way to abuse it, then it is no longer something we can trust. It becomes something we constantly have to defend through negotiation. I did not opt into Bitcoin to negotiate with attackers. I opted in because it was resilient. Because it does not ask for permission. Because it stands firm even when pressure mounts. Mechanic is not just pointing out a technical issue. He is warning us that the cultural drift inside Bitcoin is real. If we let short-term convenience take precedence over long-term integrity, we will get something very different than what we came here for. Watch the interview. Think about where this path leads.

Lysander

31,647 次观看 • 1 年前

People are losing their minds over the idea of quantum computing breaking Bitcoin, but the panic is largely detached from reality. If you listen to Eric Yakes, the fear-mongering is completely off base. The theoretical threat relies on quantum computers factoring large prime numbers fast enough to crack current cryptography. To date, the largest number a quantum computer has successfully factored is 15. "Neven's Law" says quantum power grows at a doubly exponential rate. It's a projection people are using to raise money for their projects, rather than a measurement we are seeing in real life. Compare that to Moore's Law, which we actually watched happen in real time. While physical qubits are increasing and error rates are slowly declining, there is a massive technical hurdle: error rates scale exponentially with qubit count. Adding more power creates more "noise," making the machine harder to stabilize. "But institutional capital is worried!" That's fine. Institutional capital has been wrong about Bitcoin for a decade. If they're selling on quantum FUD, that's cheap sats for the rest of us. Bitcoin devs have been on this for years and are taking steps to mitigate the risk. BIP-360 was just merged into the Bitcoin GitHub repository and Chaincode Labs has published plenty of serious research. If a real threat emerges, every stakeholder is incentivized to adopt quantum-resistant signatures and consensus won't be the obstacle people think it is. Start paying attention to what's actually being built and take your finger off the panic button. Full breakdown 👇

Bitcoin News

15,241 次观看 • 5 个月前

El Salvador: Pioneering a Bright Future Through Innovation and Vision In recent years, El Salvador has emerged as a beacon of innovation and progress under the visionary leadership of President Nayib Bukele. From groundbreaking legislation to transformative initiatives, the country has been at the forefront of ushering in a new age of growth and development. In this article, we delve into El Salvador role as a global leader of Bitcoin and the positive trajectory for its economic and technological future El Salvador made history by being the first country to enact the Bitcoin Law, establishing a legal framework for the use of cryptocurrency in everyday transactions. This landmark legislation was followed by the creation of the Strategic Bitcoin Reserve, signaling the country's commitment to embracing digital currency as a means to drive economic empowerment and financial inclusion. Further cementing its position as a trailblazer in the digital realm, El Salvador unveiled the first Bitcoin Embassy, a hub for fostering innovation and collaboration within the cryptocurrency ecosystem. In a bold move, the country also implemented the first AI Law and Robot Law, setting the stage for the ethical and responsible integration of artificial intelligence and robotics in various sectors. Expanding its technological footprint, El Salvador introduced the cutting-edge B300 chips, demonstrating its commitment to advancing digital infrastructure and connectivity. In a bid to foster financial literacy and empowerment, the country launched the first financial literacy program for public schools, equipping the younger generation with the tools to navigate the complexities of modern finance. El Salvador's visionary approach extended beyond technology and finance with the introduction of the first Blue Ocean Strategy of the 21st century, charting a new path for sustainable growth and innovation. President Bukele's leadership has been instrumental in shaping El Salvador's trajectory as a forward-thinking nation that embraces change and progress. President Bukele, hailed as the first Great Man in modern history by many, has been instrumental in spearheading these transformative initiatives and propelling El Salvador into a new era of technological advancement and economic prosperity. His vision and leadership have not only earned global recognition but have also inspired a wave of optimism and innovation within the country. Bitcoin Historico: El stage is set for a groundbreaking moment in San Salvador as El Salvador gears up to host the highly anticipated "Bitcoin Histórico" event on November 12 and 13, 2025. This event signifies a pivotal moment not only for the country but for the entire global Bitcoin ecosystem. With the National Bitcoin Office (ONBTC) at the helm, "Bitcoin Histórico" is not simply a conference on financial technology; it is a cultural, educational, and economic festival designed to bring Bitcoin closer to all Salvadorans. This event will shine a spotlight on El Salvador's trailblazing role as a pioneer in the adoption of cryptocurrency. Gathering some of the most notable figures in the Bitcoin ecosystem, including luminaries like Don Ricardo Salinas Pliego, Max Keiser, Milena Mayorga, ZUBY:, Jeff Booth ⚡️, Jack Mallers, Pierre Rochard, Jimmy Song (송재준), isa⚡️, Bitstein, Darin Feinstein, Giacomo Distributed-AuthoritariPuritan Zucco⚡️🌋🧀, …::: jon, wiz 🇸🇻, Fadi Elsalameen فادي السلامين ⚡️, Knut Svanholm ∞/21M, Preston Pysh, Efrat Fenigson, Lina Seiche, Eric Yakes and Stacy Herbert 🇸🇻🚀, "Bitcoin Histórico" is poised to be an unprecedented gathering of minds. Through keynote addresses and panel discussions, attendees will explore topics such as the future of money, monetary sovereignty, and the cultural implications of decentralization. However, what truly sets "Bitcoin Histórico" apart is its inclusive nature. The event promises a wide array of activities for attendees of all ages, from face painting for children to mural creation for youth. The highlight of the festival will be a professional mural painted by graffiti artists, showcasing Salvadoran creativity and innovation. For those eager to delve deeper into the world of Bitcoin, free classes will be offered by students from the CUBO+ program, providing an educational opportunity for all. Moreover, the event will feature live translations of keynote speeches on giant LED screens, ensuring that the insights shared reach a wide audience. "Bitcoin Histórico" is a celebration of not just technology but also of culture and community. By opening its doors to the public and offering free activities, El Salvador aims to democratize access to Bitcoin knowledge and foster a spirit of innovation among its citizens. As El Salvador continues to make strides in the realm of cryptocurrency, "Bitcoin Histórico" stands as a testament to the country's commitment to embracing the future. By hosting this historic event, El Salvador is not only solidifying its position as a global epicenter of Bitcoin but also projecting a vision of optimism for its economic and technological future. "Bitcoin Histórico" is more than an event; it is a declaration that a new era requires new ideas and new thinkers. Join Bitcoin Historico in San Salvador on November 12 and 13, 2025, as El Salvador embark on this transformative journey towards a decentralized future. To learn more about the event and secure your spot, visit and be a part of history in the making. Embrace the future with El Salvador, the pioneer of Bitcoin country. For further updates, follow The Bitcoin Office and Stacy Herbert 🇸🇻🚀 on Twitter. "Come to Visit El Salvador and make history, we invite you to live “The Salvadoran Dream” where we dare to dream, dare to innovate, dare to believe in the limitless potential of a nation that is rewriting its own story. El Salvador: where innovation meets inspiration, and the future is ours to shape." #Bitcoin #ElSalvador #NayibBukele

Translating El Salvador

23,975 次观看 • 9 个月前