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Nostr Wallet Connect is the USB-C Connector of Bitcoin Wallets

Know-Your-Customer: The Quiet Kill Switch

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Bitcoin Magazine Know-Your-Customer: The Quiet Kill Switch The know-your-customer (KYC) threat isn’t coming. It’s already here, and it didn’t arrive through a nationwide ban or an emergency executive order. It quietly showed up with a checkbox and a Terms of Service agreement. While the influencers make noise about CBDCs and paper bitcoin, the real control

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Bitcoin Layer 2: Sidechains

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Bitcoin Magazine Bitcoin Layer 2: Sidechains The original concept of a Bitcoin sidechain was proposed by Adam Back, Matt Corallo, Luke Dashjr, Mark Friedenbach, Gregory Maxwell, Andrew Miller, Andrew Poelstra, Jorge Timón, and Pieter Wuille, who all went on to found Blockstream, in 2014. The idea was proposed to allow a more liberal development environment,

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The Spiral Scroll: Wallet Clustering Basics

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Bitcoin Magazine The Spiral Scroll: Wallet Clustering Basics The Bitcoin transaction graph has various observable patterns, with wallet clustering of highest importance. Some of these patterns have been studied and used to link coins from the same wallet, both in theory and practice. Every transaction consists of a list of inputs (where the sats are

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Bitcoin Layer 2: Statechains

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Bitcoin Magazine Bitcoin Layer 2: Statechains Statechains are an original second layer protocol originally developed by Ruben Somsen in 2018, depending on the eltoo (or LN Symmetry) proposal. In 2021 a variation of the original proposal, Mercury, was built by CommerceBlock. In 2024, a further iteration of the original Mercury scheme was built, Mercury Layer.

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Bitcoin Layer 2: Ark

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Bitcoin Magazine Bitcoin Layer 2: Ark Ark is a novel off-chain transaction batching mechanism originally proposed by Burak, a young Turkish developer. There are currently two implementations being built, one by Ark Labs, and the other by Second, neither of which Burak is involved with. The original proposal for Ark was much more complicated, and

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The Bitcoin Mempool: Private Mempools

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Bitcoin Magazine The Bitcoin Mempool: Private Mempools In the last Mempool article, I went through the dynamics of transaction propagation when different nodes on the network are running different mempool relay policies. In this piece I’ll be looking at the dynamics of private mempools, and the implications that has for the utility of the public

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The Bitcoin Mempool: Relay Network Dynamics

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Bitcoin Magazine The Bitcoin Mempool: Relay Network Dynamics In the last Mempool article, I went over the different kinds of relay policy filters, why they exist, and the incentives that ultimately decide how effective each class of filter is at preventing the confirmation of different classes of transactions. In this piece I’ll be looking at

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How Zeus is Redefining Bitcoin with Cashu Ecash Integration

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Bitcoin Magazine How Zeus is Redefining Bitcoin with Cashu Ecash Integration The U.S.-based Bitcoin and Lightning mobile wallet Zeus recently announced an alpha-release integration of Cashu. The move marks the first integration of ecash into a popular Bitcoin wallet, breaking new ground for potential user adoption to Bitcoin. Cashu is a hot new implementation of

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OP_RETURN Limits: Bitcoin’s Battle Over Arbitrary Data

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Bitcoin Magazine OP_RETURN Limits: Bitcoin’s Battle Over Arbitrary Data An OP_RETURN debate flared up in the Bitcoin industry in recent weeks and has by now invaded most conversation spaces within the industry. The topic is rich and complex, and many people have strong opinions on the matter. OP_RETURN is an opcode in Bitcoin’s scripting language

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