NVK is starting a new show focused on covering updates to popular bitcoin projects. I joined him for the first episode, figured some of you may find it helpful. https://bitcoin.review
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Unknown:
Hello. Yeah. So
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Hello.
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Hello. It's like a big empty canvas out there, isn't it, Matt? So okay. So hello, and welcome to the Bitcoin review. Bitcoin dot review. Fuck. Let's start again. Don't start again. We're good. We're good. Fine. Alright. Hello and welcome to the Bitcoin Dot Review because that's the domain. Get it? So I started scratching my own itch with this. It's a best efforts sort of place to talk about Bitcoin projects and software updates. And we did so we stopped
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covering
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software updates and rabbit hole recap. Yeah. Pretty much. I mean, it's kinda how I start everything in my life is, like, there is a a market, normally me and my wants, and somebody is not covering or or meeting that need. So then I have to go and do it myself.
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Well, good luck. It's a pain in the ass following all the software updates. It is, I went I went through the list. Way possible. I mean, it's good it's good that there's a lot of software updates.
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Yeah. I mean, there is a lot and, you know, the rabbit hole, the rabbit hole recap does not cover proper software updates anymore. And you know, and you guys also cover a bunch of other topics, so you couldn't go through the whole boring list and I wanted to go through the whole boring list and I wanted to go through the whole boring list
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and sort of mention all the things that we're gonna do. I'm happy to go through the whole boring list with you. You're really Thank you. You're really selling it to the listeners who are Oh, yeah. No idea. Whether or not they should turn it off now or if they should continue.
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I I think they should, unlike and unsubscribe right now. Tap that button.
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Just turn it off. Turn turn it off right now, guys. It's gonna be a long boring list.
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Yes. So okay. So just a couple of things. So Matt was kind enough to join me on the first episode where I steal his audience, it was very kind of him. And the idea here is I hope to have different guests, probably many will repeat as long as I don't bore them to death, to help me go through this list. I am not the type of person who enjoys talking to myself on things, so I like the conversation. I think you'll add more value to it, and, hopefully, you help me see other projects and other updates I've missed. And the the format will be, software releases, and then we'll talk about a few different things like, Taproot adoption, some initiatives.
I wanna go touch through a few topics on the Bitcoin OPTAC newsletter. I will cover some Bitcoin some coin kite updates, and some of our other websites, and, you know, whatever other things we wanna talk about at the end. So hopefully, you have about an hour or so of of of stuff to to bore yourself to death. Let's fucking go. Sounds exciting. Alright. Yeah. So, so not to fully kill the audience from the beginning, we're gonna skip Bitcoin Core because that one has a wee bit of updates. So we'll start with hwi2.1.1. Let me get here the release, and it was surprisingly a small release.
It's, it just adds Ledger Nano as support. They changed the yeah. They changed the detection of top root change outputs for Trezor, and they fixed the signing failure for Ledger Bitcoin app 2.x. Well, on the plus side, there is quite a few pull requests that are good there.
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I wonder what that means if they just weren't checking change for taproot addresses on Trezor.
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You know, I don't follow the Trezor part, on h w I, to be honest. I think oh, you know what? I think if I remember right, I think Trazer had, some checks that they did it, and then it broke HWI. And then I think they removed it, and now they probably fixed it and added again. Could be wrong. Somebody please let me know on the oh, yeah. You can go to bitcoin.review, that's the domain, and then on the top right there is a button called submit story or something like that. If you click there you can send your hate mail directly to me, which will be very welcome.
Okay, so yeah. So there is also a pull request there for tap signer. We've, we've, written the code for Andrew
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Ciao, whom What is this big find out review website?
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That's gonna be the name of the pod and the name of the and the website for the pod.
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But then what are these Do you even know which pods you go on? I'm like, I'm I'm I'm just I'm supportive of this initiative because I'm just gonna take your show notes, and I'm just gonna read them on rabbit hole recap for our software update section. So I don't have to so I don't have to do all that. So I'm here to support that initiative. It makes it easier for me to track software updates. But this site isn't just software updates. I see I see the white paper. I see something about BIP 85 here. So is this just a new supposed to be a news feed?
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Yeah. So originally, bitcoin dot review was going to be a place for me put articles on that we write. Like, we wrote the BIP 80 5 sort of, like, article there explaining some stuff about BIP 80 5. Right. But that initiative sort of like fell off the cracks. We didn't have time to do it. So, being lazy and not deleting the 2 original entries there, I just added one more entry which is this podcast. Gotcha. And I need to fix a few things there, but essentially we're going to start putting in the pods there. And once I get the links fixed, you're going to get a show notes by clicking on it.
And, yeah, so that's the home of the thing, and you can actually subscribe. Awesome. There is an XML there for RSS feeds, yay.
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Not that people use RSS feeds, I'm an RSS maxi.
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Yeah. Some some people still do. I do, and we support that. Alright. Next. Let's toot our own horns. You know
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on bitcointv.com you can subscribe via RSS feed, so whenever a channel posts something it comes into your RSS feed. Waiting for the way to automatically update,
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sub to submit the playlist to, to that awesome website. I mean, dude, figure it out yourself. It's possible. Alright. Next update, Matt. Okay. Cold card mark 4 version 504. That's us. So we improved the USB protocol, we added more encryption to it especially for the HSM mode, We increased the size of the HSM mode, how it handles the the the messaging back and forth. So the the people who are using ck bunker will enjoy these updates. We now have, regtest support, for testnet coins as well. So if you're a developer, you're gonna appreciate that. We did a major rework for all the tests and, again, reg test, for Bitcoin Core, and also the Linux support got improved.
So, you know, we did hear the feedback from Linux devs using codecard, and they wanted to do that better, so that is better now. Some of the NFC stuff got improved, and Fully Noded now has a beta of their, of Fully Noded for iOS that supports codecard NFC, and it works. I think it's the first hardware wallet ever to do NFC with an iPhone. Yay. That's awesome.
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It is pretty cool.
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You know, and it's still going to be sort of like you know audio and all that stuff. I don't want to get people sort of like super hyped up but you know, just imagine that with 6 months of customer use and feedback and then you have something awesome. What else? We fixed it. A year and a half of feedback. But Yeah. No. You know, you could move fast. The thing is, like, app devs are sort of, like, a little sort of, like, more focused on some flashy stuff on lightning and other things. But Zeus should have NFC soon. Right? That's right. Zeus is working on it. That'll be big. Is working on it. I think there's a couple PRs. What about BlueWallet?
Yeah, there is a PR there. I don't know, it hasn't moved much, but it's essentially ready. I mean, ready for sort of beta dev kind of thing, but it's there. Hopefully, soon, you'll make it, and then we'll have it on all of them, and I think it could be very cool. Especially because, I think it was a square which is blocks with Spyro will launch. Yeah. Once they release with NFC that's just people. That's right. So they're gonna do NFC and, you know, I did have a chat with with Stick and with Charles at Bitcoin Miami, and both of them are actually pretty interested in NFT as well. So the head of ledger and the head of ledger. That's right. So they're all excited about NFC as well. So not impossible, we end up seeing, you know, the 2 major competitors we have, also adding NFC, I think, will be fantastic for everybody. Yeah. I mean, if Ledger adds it, that should really push the needle because Ledger's gotta be the most sold, right, by far. Yeah. Oh, yeah. I mean We know they have at least a 1000000 customers because that's all the people that got leaked.
We can count how many emails they have. Yeah. Right from the source. Amazing. Alright. So the other stuff is, it's small, mark 4, mark 4 version 0 3 was, you know, just more of that. Oh, and there was taproot, pay to taproot support added. That's important to mention. It's just that the the version o, 503 and 504 are kind of the same release. They just got split for reasons. So there there were a bunch of, like, little things. I I recommend if you're a cold card user, go check it out. Now mark 3, we didn't forget about you. We also added Pay2 Taproot on, 415 in May, and a few sort of, like, little, a few little bug fixes.
There is more mark 4 features being down ported to mark 3, and the goal is to sort of eventually maybe make a release that, you know, most of the features that can be back part of the wheel work. So, just wanted to put that out there. Awesome. And are you still selling the MK 3? Yes. We still are. We're still gonna do it for a while. We're also using the mark threes because they're slightly lower cost, and we've already recouped the r and d on it to to help meetups, especially in developing world and, in poor countries to to disseminate hardware wallets hardware wallet use signing devices use.
We we figured they can't really afford to buy units to demo and stuff, so we're sort of using the mark 3 as a vehicle to do that. That's awesome.
[00:12:43] Unknown:
Yeah. You know props for that. It helps.
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Since everybody is now, Bitcoin price poor, you know, we're gonna send the hardware.
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Alright. Yeah. We're all having fun staying poor over here. That that's right.
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Okay. So BTC pay server, version 1.5. I am not a BTC pay server user, but it is a project that is widely installed. And the two main things of this new release are the new dashboard, it looks jazzy. They do a very good job at showing all the statistics of your store, recent transactions, recent invoices. I do have a payment processor for our for CoinKite, on the credit card side, and it's starting to look like that. This is very nice. There is a dark mode as well. Very nice. I mean, they've had dark mode for a while, I think. Okay. And then they have this, payout processor. I think they can batch transactions. Oh, and it also improves the, how it handles partial payments on pool transactions.
So, when they're using pool for lightning, they can handle that better. I'm probably not sure. How does the pool payments work on BTCPay?
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Are you aware? I'm not sure. Nope. I don't use it.
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I am, I am a based layer kind of guy so I don't use a lot of lightning. I mean, at CoinKite, you basically you use the in house solution that you guys made. Right? Yeah. No. I'd love to it's it's it's just BTC pay server came after we already had invested, you know, like, years building our own infrastructure.
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And our stores not in source. Right? No. It's, it's like a a monstrosity.
[00:14:44] Unknown:
It's a true monstrosity. You know, it's it's like shipping, sales, all the stuff is in there, and it's like very us way of building it. I don't think many people would like to to take that on. Yeah. So if BTCPay existed way back then, maybe you would have gone with it. It's also dot net, which is not my favorite flavor of spam, but, but it is very good. And I mean, you know, in c sharp and, you know, dot net is a real language. It's not like this is JavaScript based. So, props to them. This looks awesome. There there's a lot of this really easy. You can enable and disable users, lots of UI improvements, and, yeah. I highly recommend people checking this project out.
Okay. Now BlueWallet. BlueWallet, So version 6.2.18 Making a point at not going to the GitHub release it release because it's just endless, amount of commits.
[00:16:00] Unknown:
I want just somebody to stop. Do the Marty,
[00:16:03] Unknown:
just read the release notes? No. Because, like, there is not like, the problem is, you know, unless you are a project contributor or somebody who truly, truly cares about the commits of a specific project, you want the summary, right, of the release. So like notable Like why does this matter to me? Yeah, like the notable features, right? So I'm going to put this call out to devs out there. Do me a favor, you know, on your on your, Apple, release notes on the app store or Android or whatever, or on your release notes at the top, put noteworthy or summary of the releases and put something there.
Yeah. Every release note should have a TLDR at the top. Yeah. I I think that's that's why we we try to do that on Twitter and a few others do that on Twitter, because it does help. Anyways, so for blue wallet, 6.2.18, it says fix, reorder wallet screen crush. So we'll go back one more, in January they released 6.2.17 and now they show the selected coin summary on coin control screen. That's nice. Navigate to selected wallet. Rewarded wallet in clunky is clunky to use. That's a fix, and they deleted AOPP, which is great. What was the yeah. I know. It's bullshit.
It's it's helping the bad people. I don't care how people spin it.
[00:17:45] Unknown:
Yeah. There's just there's no reason for it. That's right.
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Alright. Cold core.
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I'm surprised they it took, like, that they waited this long to remove it and then still removed it. Well, they removed it in January
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31st. So, yeah, now that's actually quite late, isn't it?
[00:18:04] Unknown:
Oh, okay. So we're talking about them getting rid of AOPP January 31st. Got it. Yeah.
[00:18:10] Unknown:
I went back one more update because the I guess because this is the first one, so you gotta, like, catch up and then Well, no. It's just too thin. Release this. You know, the 6 point the the one in February was just too thin, so I went I went down one more.
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Gotcha.
[00:18:25] Unknown:
Alright. So, this is a project I really like. A lot of people don't know about it. It's called Cold Core. It's by James O'Byrne, and it's essentially a command line Bitcoin wallet. Very featureful, very pretty for people who like the command line, and, it supports hardware wallets, which is great. He built it for him to use. It's called, Coldcard, hence, Coldcore. But I think it works with other hardware wallets if I remember right. Anyways, so the 0.31 release
[00:19:08] Unknown:
It just uses HWI, doesn't it? I believe so. Yeah. So, like, it presumably could work with other wallets,
[00:19:16] Unknown:
other signing devices. Yeah. Well, you'd still have to connect it. Right? It's not like plug and play per se. So anyways, I don't know. Somebody should check it out, and let us know. So in April 17th, where is I lost it. I lost it. Oh, release. Here. Bam. There you go. So, the release notes here. So, Wayland clipboard support, that's that's just never mind. Allow specification for fee rate in repair sand. Well, that's nice. So you can, set your fee rate and some RPC fixes. So this is a nerdy wallet with a nerdy update. It's a great wallet.
[00:20:09] Unknown:
Moving on to I have a nerdy wallet with a nerdy update. Nailed it. Right?
[00:20:15] Unknown:
But shout out to Oberyn. It's it's pretty cool project. Why why don't you you know, maybe the format should include a little nugget about, about the maintainers or the main maintainers of the project.
[00:20:28] Unknown:
I think when relevant, I mean, ideally, most of these projects have multiple many contributors. Right? But ColdForce is literally an Elburn project. Right? Like, he just carries it on his back. So It's like Sparrow, which is just like a Craig Raw project. That's right. So so James is both a Bitcoin core contributor,
[00:20:49] Unknown:
a, I believe he writes economic stuff, and he's also a great DJ. So that's a little trivia there for people that did not know much about James O'Byrne. So, going to fully note it. The 0.3.3 version, fixes some bugs where lnd node via my node would fail. Well that's a nice bug to fix. And, it prevented batching from working. Okay, so there you go. And why not, go back a couple more versions here because it's so thin. So,
[00:21:31] Unknown:
in April they had, bug fixes. Noted to another project like that. It's a Fontaine project. That's right. I got to meet Fontaine in Miami. Great dude. Yeah. And I believe it's him on the Internet, but it's good to meet him in person. That's right.
[00:21:46] Unknown:
I also met him in person the first time in Miami, I think. Or was it in Riga? Can't remember.
[00:21:53] Unknown:
It's gotta be Miami because I was in Riga with you. I didn't meet him in Riga. Yeah. But I met him in in Miami. I got him on stage too, which is great.
[00:22:03] Unknown:
Oh, nice. It was so funny. Like,
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people get excited about, like, these different billionaires and shit, and, like, getting them on stage. I'm like, yeah. I got Fontaine and Craig Raw. Super excited. I mean Who who is that?
[00:22:19] Unknown:
You know, the the real Bitcoin where it happens. Right? It's, oh, I mean, what is real Bitcoin? Bitcoin is available to everyone. Billionaires and plebs.
[00:22:29] Unknown:
Yeah. I mean, if if you're frustrated with how people use Bitcoin or who's using Bitcoin right now, it's only gonna get worse from here. No. I mean, you really don't understand Bitcoin.
[00:22:39] Unknown:
Yeah. Alright. So 0.3.0. If you run a joint market server, you can now connect directly, if you're using core. That's nice. So joint market support on, fully in audit is improving. I guess that's my take from the last few updates. That's nice. And as I mentioned earlier, they also have now the the test lite version, beta version of NFC. So thanks, Fontaine, for for doing a lot of awesome work. Next is Nunchuk, which is Hugo. Hugo is doing a fantastic job with this with this wallet. A lot of people don't know about it. It's essentially, multi user, multi sig.
It's it's very focused on on proper security. His app is fully native, so they're coding everything native in all the platforms, which is a bit of a feat. And, they have essentially a server that doesn't really know much about you to just coordinate messaging between the the clients. So that means, you know, you can, you can sort of propose a transaction to your your quorum of users in that multisig, and they'll get a message saying, you know, please sign this. You know, I am me, and I really wanna send it to this address, and then the people can choose to sign it or not. If you're familiar with an old project called copay, it's, it's similar, but, much better, implemented.
And these guys are really plowing through here. So now they do, proper full, end to end encryption for the messaging. You don't need, and this was, it's so funny, these are all my requests to Hugo. Primary key accounts, now you don't need an email to sign up. There was also me. Large BSPT support. Yeah. That's great. Now they support, they improve the seed signer work. They support Signet, which is nice. Signet is essentially test net, but sort of like a new version of it. And then going back one more update, they added Taproot support in single sig only. I don't believe there is a multisig spec yet for Taproot use. So MuSig is still sort of like there's no implementation out there.
And they're doing a bunch of other stuff that I don't know if it's public yet, so I'll keep on moving. Thanks, Hugo. This is a good list of updates.
[00:25:31] Unknown:
First of all, shout out to Hugo and the rest of the team over there. Their, their tool is is extremely slick and it's it's definitely very well, sorely needed, even amongst, you know, I'm a keyholder in multiple multisigs, that are that are collaborative multisigs with other other people for different organizations and whatnot, and even among the die hard Bitcoiners, there is a it is massive pain point, you know, transferring, PSVTs, partially signed Bitcoin transactions between each other to, like, sign multisig transactions. It's a complete pain in the ass, and a lot of lost time and mental energy, and it really simplifies it.
My biggest issue right now is I'm pretty sure, you know, everything's run through these mobile apps, and I'm pretty sure the mobile apps are still closed source. Am I correct on that? Yeah. But, you know, it's pretty hopeless on that sense.
[00:26:33] Unknown:
On iOS you don't have a choice, right, for you to install the app, it's still gonna come from the store, so be your trusting. And in all honesty, the majority of the people using Android, you know, aside from, you know, the hardcore folks, like, they are also local They're not gonna verify it inside Lo No. But they could, and
[00:26:49] Unknown:
the the point remains that it's not a case where it's viewable. Right? That.
[00:26:53] Unknown:
Most most of the, Android wallets don't deterministically build, so that is kind of pointless too.
[00:27:02] Unknown:
I mean, but you still we still would like to see at least it being source viewable.
[00:27:06] Unknown:
I I think there's, like, some standards here. But if people if it's not see, the issue is when you have these wallets that the stack is huge, right? Millions of lines of code because of all the libraries they need to make it run on the phones, and then it's not deterministically built. You know, good luck trying to audit that code. It's nice to have, but realistically speaking it's pretty brutal. So I think more than solid loading at this point, it would be nice to to see deterministically built, phone wallets in my view.
Okay. Including Nunchuck? Yeah. Yeah. All of them. I mean, you know, yeah. Like
[00:27:47] Unknown:
I'm just saying, like, I that that's, to me, that's, like, the biggest one of the biggest holdups in terms of But not all with a stable amount of money.
[00:27:55] Unknown:
No. No. All it's not all wallets are equal to.
[00:28:06] Unknown:
Yeah. But but really right. Wallet. Right? So the standards are higher, I would say, than, like, a spending wallet.
[00:28:12] Unknown:
Yeah. But, you know, like, when you look at the marketing of pretty much all the phone wallets, they all say just put all your funds in it.
[00:28:21] Unknown:
So so, you know, me, you, you know But I mean yeah. But still, nunchucks specifically is like the the its bread and butter is could be the ultimate
[00:28:31] Unknown:
organization savings wallet. But here's the thing. Right? Yes. I wanna see deterministic built on that wallet is a big deal. But one thing that is nice about it is because they're building things native and they're using like Bitcoin core methods of doing things, there is a lot less sort of, like, bullshit to dig through. So if they do add deterministic build to it, it should be very easy to to audit it. I mean, I know Hugo says he wants to, so Yeah. I mean, you know, it's like a nice to have thing. And he admits it's in beta still. He's he's in beta. Now, you know, now when you have, like, wallets that have, like, Java stacks and sort of, like, you know, major JavaScript stacks and they're serializing, serializing, serializing, serializing, like, secrets.
That's really when things kind of shit hits the fan. It's hard to audit those projects. And and then if they are not deterministically built, it's even worse. Right? Because now it's already hard to audit it, and you cannot prove without reauditing every time, so it's it's tricky. Yeah. We wanna see that in all wallets, especially the ones out of beta. Alright. Next is, green. Blockstream green. That's another interesting wallet, and it's been in the market for a long time, And, and under, Green Address used to be the name of it, if you don't know the story of the project.
[00:30:10] Unknown:
And That was actually a really cool concept, the original green address.
[00:30:15] Unknown:
Yeah. I don't know. So the problem is green address is also the name of something else that was meant to be sort of like, unflagged or flagged as green addresses so that you know that's not like a drug dealer or something. Really? Who's, yeah. It was it was an unfortunate name.
[00:30:33] Unknown:
For else? Well, the anyway, the idea for the original green address was, like, you'd hold, it would be a collaborative multisig with green address or green wallet, whatever the previous name for green wallet was. I think it was green address. And so if you paid from there, a merchant could trust a zero confirmation transaction based on Green Address' reputation. Yep. That was exactly it. And that was, like, what, like, 2013 or 2014 or something like that? Yeah. Around that time. Maybe a little bit later.
[00:31:03] Unknown:
Yeah. I think I think it was post 2014, around that time. Concept never got any uptick. I mean, merchant adoption never really happened. So I think the name really sent back the concept too, because, it was kind of like around the time where there was a lot of talk around the people blocking transactions that were coming from, you know, things that they don't agree with. And they wanted to maybe include that at part of the Bitcoin consensus core code. So it was kind of bad name choice. But now it's called Blockstream green, which is great. It looks very pretty. And in the last update, they added support, support ID on settings about multisig wallet, they changed drop address in transaction list, updated GDK to, 0.0.54, and updated translations. It's kinda cool, they do support quite a few languages if I remember right, and they have been improving. I have one green wallet that I use for a specific purpose, and, they have been improving. Now they support also a see, one thing that always drove me insane with that project was the fact that you had to use their nonstandard way of doing Bitcoin multisig or you couldn't use the wallet.
Now they support, like just standard single sig, as well as a few other forms of of script, which is nice.
[00:32:43] Unknown:
So, good for them for any I mean, Green Wallet was, like, way ahead of its time for a while, and then Blockchain acquired it. It was still kind of ahead of its time, and then they, like, let development stop. They didn't really have it as a priority,
[00:32:59] Unknown:
and then now it's just like they're doing it again, which is awesome. So Blockstream acquired them so that, as far as I understand, to to add to have a wallet that supports liquid. Right?
[00:33:13] Unknown:
And
[00:33:14] Unknown:
Then they came out with a different wallet called Okta. It was the same no. But it was the same code.
[00:33:19] Unknown:
Right. So then That was like a single sig. Exactly. So then they disambiguated
[00:33:23] Unknown:
the whole 50 different wallets into a single one that now supports everything. Right? I know they're working on PSPT support as well which is nice, and I believe they're also working on that HWI support because this wallet does support many different systems with a good UI. So I am looking forward to having this wallet work with gold cards so I can recommend to people who want a different wallet on their desktop or phone. Alright. Now the old good beast, one of my favorite wallets, Electrum, also one of the oldest wallets. I believe it's the first wallet after Bitcoin Core with, like, a a reasonable install base. It's that old. I think they launched in 2011.
So they did add lightning to Electrum, which sort of made things more complicated in a very complicated code base. So in this last update, 4.2.2 in May 27th, the lightning on the lightning part, they added watching on chain outputs, enforce relative order of some of the messages during, rest reestablishment. I you know, that that goes into the lightning stuff that I don't really pay too much attention. I love lightning. It's just it's just too much for me to pay attention to.
[00:35:05] Unknown:
Especially especially Electrum's Python implementation, like Yeah. Well No one cares.
[00:35:12] Unknown:
I don't know. Like, the the thing about Electrum that I like is that it works. It just works, and it does everything you need to do, and in my lifetime, it never broke. So, like, respect for that is like and also, you know, maintaining a wallet this size is is not easy, and maintaining a wallet this size for, you know, these many years also not easy. I just I just wish they had not added lightning to that wallet. I wish they had made it maybe a side thing or, you know, maybe electrum lightning or something so you wouldn't be able to like, it was an easy task, like, there was a lot of man hours that went into that. Oh my god. It was monumental effort, and they you know, props to them. They they even started before a lot of the standards were in place. Similar with BIP 39, which they still don't support by default.
And, but in my opinion, the biggest mistake that we made was putting starting development of Lightning on master branch that made Electrum essentially now released for a year. But they did, and it works, and they keep on pushing updates out, which is really cool. So, yeah, on the hardware wallets, smarter pairing during signed transactions, they fix a few things with keep key. It's amazing to me that keep key is still around. The Trezor clone? The Trezor clone, that went closed source because it was a different license at that time. It was a pre g p I when they cloned, I think.
[00:36:46] Unknown:
Oh, is this still is GPS closed source right now? I I think it is. I could be wrong, but I think it is. Well, anyway, if you're listening to this, don't use the keep key.
[00:36:56] Unknown:
Yeah. I mean, it's like they they no. They have I don't know if they even updated that project since
[00:37:03] Unknown:
Yeah. Let's just don't do it. It's not worth it. Makes no sense. So fix app image,
[00:37:09] Unknown:
fix fix bypass central proxy. Nothing really of note here. Fix a security fix, remove support for file in your eyes on BIP 70. BIP 70. Alright. So next. Oh, Spectre d Spectre Desktop. They have a nice tweet with, with the noteworthy updates. Thank you, Spectre.
[00:37:39] Unknown:
So Spectre Spectre is pretty good about it. Yes. So is BTCPay.
[00:37:44] Unknown:
Yes. I Thanks, Tara. I was pretty good about it. Yeah. Just just have a tweet, you know. Tweets are great. They force you to have a search. Like a nice little blog post too usually when you're updates, which is really nice. We are kind of all over the place. Essentially, what we do is we have a slightly shorter version of the release notes on Twitter and then a picture of the release notes and then the true fully released notes on GitHub. Yeah. You're a little bit of a hypocrite about it. Like, you could do a little bit better with it. Yeah. I mean, that's that's that's the basis of of being a company, is being a hypocrite.
[00:38:17] Unknown:
Fair enough. Well, at least you meant it. Do better every k.
[00:38:21] Unknown:
Alright. So Spectre 1 point 10.3 is out. Spook, spook, spook emoji. June 23rd. So it's recent. Okay so feature drag and drop for PSVT import. Well that's nice. So now we can, I can drag from my cold cards virtual disk into Spector desktop UI? That's pretty cool. It should make it a lot easier, and then they have 6 bug fixes. See that's a summary, 2 chores and one docs and one UI. So yeah, check out the Spectre desktop, it's a good project, and what I love about it it talks directly to core. It it's a it really is sort of like very little stack that you need to run it. And their UI does keep on updating and and improving.
[00:39:16] Unknown:
I mean, I think one benefit of Electrum stalling on updates to integrate their own lightning implementation was we might not have seen Spectre and Spyro get birthed otherwise.
[00:39:28] Unknown:
Yeah. No. It it's
[00:39:29] Unknown:
birthed out of this void that was left from Electrum not updating.
[00:39:35] Unknown:
Yeah. I mean, Bitcoin core web, like the the the UI wallet is, it's, you either love it or you hate it. Most of the devs who work on it love it, therefore, it doesn't change. It is also a monumental amount of change. It's changing UI in complex, desktop native software is complicated, especially when it's open source because designers and, UX people don't code. And in open source projects like Bitcoin Core is very sort of meritocratic and sort of self initiated, right? So if you wanna do something, go and do it, but in especially in Bitcoin Core, you're gonna get 10 noes before you get a yes. So if if you are the unicorn who can code and do UI, you're really gonna get 10 nos, but most guys can't code who can do UI, so they make these pretty UI's and then they sort of like here, somebody called this, which is the other 90% of the work and everybody's just like nope, right?
So it's a tricky thing. We appreciate everybody for working on it. Alright. So moving on to Matt's favorite project, and because he literally dropped the open dimes hat for Sparrow's hat. It was noticed.
[00:41:08] Unknown:
I wear both.
[00:41:09] Unknown:
Yeah. No. You don't. I I I know. We're an old girlfriend.
[00:41:14] Unknown:
I just go through my phases where I just choose one hat and just wear it into the ground. So Sparrow is a relatively I see the the OpenDigm hat is it's really hard to wear it into the ground, the the,
[00:41:25] Unknown:
like, ripstop material or whatever that material is. It's Oh, you have the old trucker hat. Right?
[00:41:31] Unknown:
No. No. No. I have the good one. I have the one that's, like, made out of the mil spec material. Oh, those I like those. I have those Those like you can't destroy at all, and they're great for traveling. You literally can't destroy it. I used one of those ones to drink water off the lake.
[00:41:47] Unknown:
Yeah. So okay. So Sparrow, Sparrow is a very cool project, relatively new. Oh, is it 2 years old now? It's run by Maybe Les. Craig Craig Wright.
[00:42:04] Unknown:
Craig Rall. Craig Rall. Sorry. I know.
[00:42:07] Unknown:
Oops. Craig Craig Wright.
[00:42:11] Unknown:
Fuck my mouth. Fuck out. Jesus.
[00:42:13] Unknown:
Okay. For the audience, I'm dyslexic. Okay? Give me a break. So so, anyways, I met I met Craig in Miami. It was, it was fun. It was fun. It was fun. It was a nice time chatting. Yes. Very nice lady. So, so they are pumping features. Wow. He he he reminds me of doc hacks. They just pump and get shit done. I lost the release. I need to go see that here, Release notes. So Craig is, Craig does not have a good summary of notes. So we'll go through a few. So on May 26th they released 1.6.5, they added a Ledger Nano as support really because it's HWI. So you notice a pattern that all the wallets that use hwi will add, you know, it's not just plug and play, but they will go in and add the implementation of the new wallet that's been supported by HWI, which is a great way of handling all this stuff.
They now allow watch only key stores to enable signing from matching connected hardware wallets. Oh, that's cool. So now you can sign connected too. They can also import gap limits from Electrum. I think they had different gap limits. For people that don't know, the gap limits are essentially how many derivation addresses and the space in between those you have or generate and start watching. So now they can match electrons when they import. So, Sparrow is a very was very clever on the beginning by essentially importing the Electrum, which is one of the most used wallets in the market before, importing their JSON file, which is their wallet file into Sparrow and just simply working, which is fantastic. I I love that kind of thinking.
And then they have a bunch of bug fixes on the release, including one from Andrew Chow. Andrew Chow is now a a a signal isn't his he has a key now for Bitcoin Core. Right? He's,
[00:44:35] Unknown:
he's doing a lot of core work, and he's not in great hands if he does. Yep. He's a very bright kid. Love that, dude. We're lucky to have him. Yep.
[00:44:45] Unknown:
And if, Andrew is listening, make sure to merge TapSigner into hWI. We're waiting. Love you.
[00:44:56] Unknown:
Did I tell you that I gave a Sats card and a TapSigner to a, Titans football player?
[00:45:02] Unknown:
Nice. That's
[00:45:05] Unknown:
I I I hope that there is a wallet that supports it in the wilds. I I mean, I told him it, like, wasn't really ready yet. I was just using it as a demo, and he's like, can I have this? I was like, I was like, I'm not gonna say no to you. You can take it. Just know that you're, like, one of the few in the world who has it right now. That's right. He was super excited about it. It was like this young kid. That's awesome.
[00:45:26] Unknown:
Hopefully, soon, everybody's gonna have it. It's gonna be cheap. So, looking forward to that. Right. Bug fixes, restore hardware wallet from communication in older IO, macOS. When hiding empty used addresses, add and remove addresses if address balance changes. This is a classic programmer wrote the release notes. Explicitly commit spinner editor value when closing dialogues. So essentially they fix the spinning, of the mouse spinning. Fixed date sorting in the UTXO table, that's nice, and a few other ones. Oh, fix PSPT tap root internal key duplication.
Okay. So they might have had a bug with that. And set lock all wallet menu control command status on every wallet lock, and that's just more closing little holes there. Well, I guess it's too bad we missed because the previous release was a massive release. They added native support for epom 1, They added a block stream jade support. They upgraded to to the newest, HWI, probably why the subsequent release had the nano, ledger, s, support. There's also taproot signing support now. Support scanning seeds, and a bunch of other things. Very, very good work. That's a lot of work.
So props to Craig.
[00:47:14] Unknown:
Craig is an absolute legend. We're lucky to have him. I think the Sparrow is by far my favorite.
[00:47:20] Unknown:
Yeah. I mean, if it's software wallet to use with signers now. The UI is nice.
[00:47:26] Unknown:
Very nice. So nice. The way you visualize transaction. You know, like, what what he has done with with Sparrow reminds me of what you and Peter have done with Coldcard, which is you can very much tell that it's it's a person who or a group of people who, like, need they needed a solution on for for using Bitcoin. They needed a tool for using Bitcoin, so they built it around their own need.
[00:47:50] Unknown:
Yeah. I mean, it's not Shitcoin or Banker sort of like, hey. I need a wallet.
[00:47:54] Unknown:
Yeah. It's it's it's a 100%. Like, I I I need something to use, so I'm gonna build it myself. And then and then, you know, ideally, be able to make make some profit, some lean profit on the side of it with it. And, yeah, so shout out to him, and he is it is a monetized project now because he does have have the coin join built in, so he is making revenue off of it. But if you wanna support him, he has a donation page on spiral wallet dot com. That's great. Like, I I want sort of contributing.
[00:48:24] Unknown:
I want every sort of, like, good developer, good contributor to projects to make a killing, not just a little bit. I hope they all become extremely wealthy from their work. I mean, that's the ideal situation because the donation model is not sustainable. No. I mean, you know, it's it's what I, you know, like, I I I sort of, like, joke sometimes is bag wear. Right? Like, you can't you can't maintain money handling software on on, like, you know, on donations only. Right? And, you know, Bitcoin Core does have enough money because, you know, a lot of people got in early. A lot of people get grants. It's the base layer. You know, the side projects, all the the all the the the ecosystem projects. Right?
It's a lot harder and a lot more complicated because, you know, traditionally, you know, if you wanna make sure, you know, you don't make money, you know, go work on open source projects. And then in Bitcoin, like, all those projects have also competition. So it diminishes even their sort of like their their their, their market base, and, it's just it's nice to see people come up with ways of making good money, and I hope they make all the money. So yeah.
[00:49:47] Unknown:
Yeah. No. You definitely you wanna see sustainable models.
[00:49:50] Unknown:
Yeah. Exactly. It needs to be sustainable. Right? I I don't want people having to email a bunch of people saying, hey, I need help financially to maintain this project. Like, you know, you want people to feel like they have enough value.
[00:50:02] Unknown:
But I I I think also at the same time, like, if you are finding if you find software useful and they accept donations, even if they are even if they are monetizing, still consider donating. It's it shouldn't be it shouldn't like, right now, like, basically, like, Sparrow is is ramping up his monetization, and it's becoming sustainable. Right? But in the early days, the donations still help even though he's doing that. And, like, a good example right now is Robosats, which is this new p to p KYC free, no KYC Bitcoin exchange that's Tor only. And, like, they're built from the ground up to be sustainable. Like, they take a fee of every transaction.
I love it. But but those fees don't cover development right now still. Right. Right? Like, they're in this bootstrap phase, so I'm donating to RoboSats even though they have a sustainable model. So I'm just saying that people shouldn't just look at these things and be like, oh, well, you know, they're monetizing, so I'm not gonna donate. Right. I think another thing too is that, like, it it helps developers
[00:51:18] Unknown:
or like project manager. It helps the the project people to to see market signals. Right? So if they see that there is enough donations going to their project, they will put more effort in and build more features and and maybe or maybe they will maybe that's the the thing that makes it they make the decision if they're gonna go full time on it or not. Right? Because a lot of times, people just don't know how much market there is out there for what they make. People cheering on Twitter for the project doesn't really sort of mean much. It's very helpful is, like, in terms of, like, spreading the word about the project, but, like, people, you know, partying away with their SATs, to support a project really sort of reinforces for the maker that there is a market and they should continue. Right? Even if it may not be a lot now, like, it just signals to them that there is a market that that is willing to pay for it as opposed to just thank them for it. Right?
I I think that's why it's so important to monetize things.
[00:52:26] Unknown:
100%. We're on the same page on this. Yep. Alright. So fountain
[00:52:31] Unknown:
the fountain app podcast. I'm gonna go you're gonna love this one. I'm gonna go through the to the app store, release notes, which is 0.4, bug fixes and improvements. 0.3, bug fixes and improvements. 0.319,
[00:52:48] Unknown:
bug fixes and improvements. I should tell Oscar that he should do better with that. Shout out to Oscar. I don't I don't have release notes for it. Well, the big one for so so the big one for 0, the the previous release, what is that, 0.3.0? Whatever. The the one before 4. The the one before the most recent release, the big improvement was offline listening, which I think is a must for podcasts. Oh, that has to it has to. So that was a big one. Fountain Podcast is a podcasting 2.0 app, where you can stream sats to content creators that you enjoy. So so, it's one of the leading ones along with Breezewallet.
Yeah. So offline listening was a big ad for the previous release, and then this release, the big ad is listeners now can earn SaaS. If you listen to a podcast through Fountain Podcasts, you automatically, without doing anything, just start receiving SATs.
[00:53:49] Unknown:
Yeah. That's pretty cool. Getting paid. Nice little incentive structure. Exactly. Money goes from the advertiser to
[00:53:58] Unknown:
to the Exactly. Media. You actually get paid more if you listen to ads too. That's great. It's like a cool concept. They're playing they're, like, tweaking the incentives over there, but it's a pretty cool concept. The one major negative of Fountain right now is that the the Lightning Wallet is custodial. So you have custodial risk there. You shouldn't keep them I I don't have a problem with that. But they are they are actively trying to get away from that, and they'll probably end up using Greenlight, through Blockstream, which is a trust minimized cloud solution.
[00:54:31] Unknown:
Nice. Yeah. I mean, realistically speaking, you know, like, lightning lightning amounts are economically more irrelevant. Right? So it's like it's not, like, the incentive to rob your own user base is a lot lower.
[00:54:44] Unknown:
It's it's like, the way I look at it is like, okay. So, like, how much cash do you have in your back pocket if you go out? Exactly. Like, if you get robbed in that situation and you lose a $100, it's not And realistically speaking, running your own lightning node is a bit of pain in the ass.
[00:54:57] Unknown:
You know? So I I think it's a it's a reasonable compromise.
[00:55:01] Unknown:
The bigger issue is with custody is, like, if you get big enough the regulators are gonna come after you and make you add KYC, and no one wants KYC. That's yeah. So Greenlight is actually a really compelling solution here. The major negative of Greenlight is, the node is offline if the user's app isn't open, because the user's app is holding the keys. That's what makes a trust minimized. The keys aren't on the server. Right. But in this particular instance, if it's a listener paying while they're listening to a podcast, they already have the app open, so green light could be perfect for that. It doesn't solve the problem for the content creator. The content creator basically needs a 247 node always on. Right. Well but Fountain app could also just just handle that for the content creator too. Right? They can they can host the bitcoin dot review. Or, like, Voltage. They could do, like, Voltage for the 247 node, something like that where you have a hosted node.
[00:55:57] Unknown:
It's fun to see new stuff. You know, that that's another nice thing too. It's like that's like like new and novel. Like, it's nice that people are trying different stuff. They're not just sort of, like, trying to compete on the same sort of spec at some other app. I agree.
[00:56:13] Unknown:
Cool. But shout out to Oscar and the rest of the fountain team. Yes. Please add release notes. Like they're building over there. Yep. But also, yeah, add release notes, dude. He usually releases a blog put he releases, like, blog post that's pretty good about with the updates, but you should have it in the App Store too.
[00:56:32] Unknown:
No. I I bet there was. I mean, you know so just,
[00:56:36] Unknown:
Matt sent me Fountain app to add to the list, but he, of course, did not give me the proper URL for it with the release notes. I mean, NVK, like, messaged me 2 hours ago, and he was like, I wanna do the show. You wanna be the first guest? And I was like, yeah. I'd found it. Because he sent me a whole list of all the updates. It was the first thing I knew. This wasn't there. So I'm gonna move on now to the Bitcoin
[00:56:57] Unknown:
to the Bitcoin uptech. Do you have any other apps that we may have missed?
[00:57:07] Unknown:
Well, Wasabi 2.0 came out. That way we should use it.
[00:57:12] Unknown:
Yeah. Well,
[00:57:13] Unknown:
I think it's complicated. The
[00:57:15] Unknown:
They're using chain analysis. They're paying chain surveillance firms to fucking But every every yeah, I mean, it sucks. It does suck. But I think we're gonna more and more see that happening. And I think a lot of projects that deal with stuff like this,
[00:57:31] Unknown:
they have a server that have a server side. Let's just straight cope. No. I I don't use Wasabi personally because I I don't really, I use JM. Well, on top of that, if for whatever reason, if you're using a privacy wallet that is literally over complying, you're paying change surveillance, it's fine for you. I would add that, so Wasabi 2.0, the reason I'm bringing it up is because there was a massive change, in how they do CoinJoin. You know, it was a fundamental change, and they implemented this new protocol, Wabi Sabi, which, like, on the surface, seems like a pretty cool improvement. You don't have a minimum amount anymore. The UX is cleaned up a lot, but it's complicated. Like, the the the method they're using is kind of obscure and complicated.
But isn't it viewed? I I The lead the lead creator of Wacker. I have not, like, looked into it at all. Well, that's one of the issues they have is, like, a lot because they because they added this change surveillance element, they've lost a lot of their die hard contributors because they're all privacy focused people. Mhmm. So review is minimal. And then the creator of this Wabi Sabi protocol, which is what is the basis of Wasabi 2 point o's name, nothing much. He actually has me blocked on Twitter, but I have a lot of respect for that dude. And, he has a whole thread where he's like, this is unsafe to use.
So Oh. If the creator of the fucking protocol is saying that they implemented it poorly and that he doesn't want anyone to use it, like, that's enough for me. Here's a question. Do they use the chain analysis stuff on the normal wallet use? No, right? Yeah. My understanding is all oh, no. No. It's only inputs for only, but it's it's for inputs of CoinJoin rounds. So if you're going into a CoinJoin round, it presumably gets sent to a chain surveillance firm, and then that chain surveillance firm basically gives them the nod yes or no. But on top of that, the way they've implemented Wabi Sabi, supposedly, extra data is getting leaked to any to the server and presumably the chain surveillance firm they're using as well. That's very important. Together and shit.
[00:59:48] Unknown:
I I I find it hard to believe that that a project will have a long, a long install base after adding chain services. Like they're struggling. No. I mean, of course. But, you know, my view on this that, like, the the problem is any project that has capturable people that does this kind of, like, service will eventually be presented with 2 choices, either go to jail or, like, you know, talk itself. Right?
[01:00:22] Unknown:
I think it's a matter of time. Close down the fucking thing then. Exactly. No. No. That that's but then then the Wasabi is still an open source project. Anyone can run a coordinator. Close down the fucking company then if you're if you can't do it in in,
[01:00:36] Unknown:
if you can't do it in a state where they're at. Happen. Right? Maybe they will close on the company because it's gonna be very hard to have users, doing coin join if they're getting, being sent to chain analytics.
[01:00:49] Unknown:
Yeah. It's pretty fucked up. But, you know,
[01:00:52] Unknown:
I'm not gonna get into the whole coin mixing. It's just too much drama for my, for my, taste. But why is it that the the coin the the the mixing coin crowd is so complicated? It's beyond me. Anyways,
[01:01:12] Unknown:
any other All my favorite all my favorite projects in this space are a little little bit crazy. I mean, you went through your own, like, feels like a long time ago, but what was it? Like, a year and a half ago, 2 years ago, the hardware wallet chaos between all the but, you know,
[01:01:34] Unknown:
I think that was really the the problem is I think it's different. The hardware wallet market never really had competition for a long time, and then it had competition. And some players that had a certain sort of, like, a standing in the market sort of fell, dropped. That caused a lot of drama. You know you know me on Twitter. I have, you know, I I I don't wear gloves. And, yeah, but it was different. I think it was more market based, and it was sort of like this market sort of finding itself on how to relate to each other in this competition as well, and it was also whatever you need to say to yourself. Exactly. That's what I taught myself. And but but he but as you said, it feels like it was a lifetime ago because it was all mostly resolved.
Right? Some players still don't talk to each other, whatever, but like but the drama greatly went away. Right? Now on the coin joint space,
[01:02:34] Unknown:
it's, like, only worst, and they managed to somehow involve everybody else too. I don't know if it's too much. This point. I think it's I think it's cleared up a bit. I mean, no one defends his hobby now. So
[01:02:46] Unknown:
No. But but it leaches to everybody. I mean, you know, like well, anyways, I won't get into it. It's not the kind of podcast for that.
[01:02:56] Unknown:
I mean, I think there's a yeah. I don't know. There's fair enough. We can continue. I'm glad we it was it was a big release. It was I think it was important to bring up Wasabi 2 point o. No. I I think, yeah, I think it's a good point. But don't use it. Yeah. I, I, yeah, I I didn't bring it up. I I guess it it's probably safe to use with a hardware signing device. Not not for mixing. If mixing is getting chain analysis, it's not safe to use. Coin the don't use it for coin join, but then also on top of that, by the way, they removed coin control, like so maybe it's not even good. Just use Sparrow.
[01:03:34] Unknown:
So so, Matt, what you're really saying is that, like, we're gonna have to do drinking on the show like you do in the other show, and now I understand why. See. This is what if you do it every week, you there's no choice. No. Yeah. So let's talk about frequency here. This is best effort. I you know, maybe I'll do this, like, every couple weeks maybe. Like, 3 months. Maybe a month, you know, maybe it's next year, who knows, right? So now let's move on to another big part of the show, which is reading the Bitcoin OpTech newsletter.
We're just gonna glance over. For people that don't know, the Bitcoin Ophthak is an incredible, incredible,
[01:04:18] Unknown:
resource for what happened to that. To that. To that. To that. Dotcom. Sign up for the for the newsletters.
[01:04:25] Unknown:
Subscribe to their Twitter. It it it really is phenomenal, really high signal, to noise there. Mike Schmidt, I I know. He's one of the main contributors there. And, Yeah. Schmidt is great. Yes. So without further ado, the news, full replaced by fee. So there's been some some talks and there is a couple PRs to remove, RBF, which is replaced by fee from the default. You know, as a as a sane citizen of Bitcoin, I don't get involved in these discussions. I still believe, RBF should be, on by default because replace by fee is essentially the default behavior of bitcoin itself. You can double spend your own transaction if you want to, so might as well make it into an official standardized thing and that's why I like our b f.
So yeah, but there is a PR that's gotten some, some traction and you know what, it's probably gonna get merged. Hearts hearts bleed, that was a nice pun. Very good pun. So essentially there was a vulnerability, on the I believe it I haven't read through it, but, just from the pun and from the first paragraph here, I imagine is a similar to a power artificial analysis attack. They're trying to read the the computation happening on the chip, and then they can essentially, through a side channel, like, read the private key being generated or used. Even on this article here it says that, they don't know the extent of the vulnerability.
And Bitcoin Core also does a lot of things to prevent, attacks, side channel attacks on on its, private key computation. But anyone no one should have a private key on a computer anyways. You should have it on your hardware wallet. So this attack So your hardware wallet or computer?
[01:06:39] Unknown:
Well,
[01:06:41] Unknown:
no. So exactly. So if your if your code card is immune to this because it's not the computer, it's not being attacked by this.
[01:06:49] Unknown:
This is a computer.
[01:06:50] Unknown:
The last one really is, go to air what is it? I have a I have a meme website for this.
[01:06:57] Unknown:
Ear gap. Yes. You're the only person who has a bigger domain issue than I do. Oh, good. It's it's, How much do you spend every year on them, and are you downsizing in the bear market?
[01:07:09] Unknown:
The thing is that I'm starting to run out of ideas for domains. Anyways, airgapcomputer.com
[01:07:14] Unknown:
But have you cut have you cut the fat at all in the bear market? I've been cutting the fat a little bit. Some of them in a bull market, some of the ones I registered are No. Not for the guillotine. No. I yeah. No. I think it adds up. It's like it adds up. But, you know, but, Matt, like, see, the thing is I've sold a few domains for for, like I've never I'm a Huddler.
[01:07:34] Unknown:
For for for, like, for for for essentially what gave me free reign of domains forever, in in my company. I do not have to explain my domain behavior to anyone internally, because I have, paid ourselves over and over many, many times over. Was a really nice coup. Yeah. I mean, that was a that was a good sail too.
[01:07:58] Unknown:
So yeah. It was a nice little pump and dump.
[01:08:03] Unknown:
No. Well, I mean, I did offer the rest of the anyways, long story. So hearts bleed, it would not be an issue at all if you use a harder wallet, so stop listening to the Wookie and buy yourself a cold card. Yes, I'm biased on that one because I make it and it is better. So use that, and if you still don't believe me, go to air gap computer dot com. He explains to you why you shouldn't use an air gap computer.
[01:08:35] Unknown:
Yeah. Go, go verify MBK's claim by going to the site that MBK created.
[01:08:41] Unknown:
Exactly. What is it, trust and verify?
[01:08:47] Unknown:
Trust and verify. That's right. Don't trust and verify guys.
[01:08:52] Unknown:
I really hope people are not, like, taking samples of this conversation to, create and you know You're gonna take it all out of context. It's important. Yeah. Well, you know, it is I mean, I have over
[01:09:01] Unknown:
700 hours of of public Bitcoin conversation out there that is oftentimes drunk. So
[01:09:10] Unknown:
Yeah. Well, I mean, I I be the first time. Yeah. I I have a personal policy of not doing recording while I'm inebriated.
[01:09:18] Unknown:
Yeah. Well, you just don't do enough. That's why.
[01:09:21] Unknown:
You if I keep on doing this podcast where I read people's updates and I have to discuss the coin joint people, I'm gonna start having a serious drinking problem. Dude, people say to me, they're like, Matt, you seem, like, really tired
[01:09:34] Unknown:
and frustrated on rabbit hole recap today. It's like, everything okay? It's like, I've been doing this for 3 fucking years. Like, sometimes I'm being frustrated and tired. Like, what do you fucking expect? That's healthy.
[01:09:48] Unknown:
Alright. So they have, there there was there was some drama about the time stamping design on open time stamp. I didn't really follow it.
[01:09:58] Unknown:
I It's like a sneaky project that I love.
[01:10:01] Unknown:
Yeah. It's a it's a fun one. It was Peter Todd who created open timestamps. I recommend people go read the newsletter to get more on that. And also on the new Rito Anti Cyber method by Waxwing.
[01:10:15] Unknown:
You know you're in a bear market when, people on Twitter are accusing Peter Todd of of flooding Bitcoin.
[01:10:22] Unknown:
Well, I mean, you know, who brings up DAO emissions for Bitcoin and does not expect to be called a spook?
[01:10:29] Unknown:
Like, he was just asking for it. Right? No. I mean, like, you'll yeah. I mean, it's like the equivalent of a once you have a 40% dump, like, the price dumps 40%, you're gonna send out a tweet saying that we should increase the 21,000,000 cap. Like, what did you expect? And that's assuming that there is a concern. Right? There is no concern.
[01:10:48] Unknown:
Everything is great. Bitcoin is perfect. Move on. There is no data emissions. We're not gonna accept
[01:10:53] Unknown:
my node and never run data emissions, period. But still it's fucking Peter Todd. Like, he's not a
[01:10:59] Unknown:
Yeah. He's not cheap fuck. But he likes he likes some controversy too. He loves bringing in some controversial topics. Good on him. We we we need the controver the controversy. That's how we find problems. Alright, notable changes to services and client software. You know, Azus added Taproot. There you go, we missed that one on our, on our list. So Evan, we're very sorry. I well, actually, you know what? I didn't add Zeus to the list because I think their last update was a while back. So
[01:11:34] Unknown:
Yeah, but some of these, like, you have updates from January, like, I didn't know what to do. I know. I'm not perfect. I just started this. Well, anyway, Zeus is the single best, way to interact with, lightning node from your phone if you have a 247 lightning node at home. Yes. There's basically nothing else that competes with it And, and that I'm aware of. And Evan is doing really good work. Shout out to to Kaludis.
[01:11:59] Unknown:
Matt's favorite wasabi Wallet 2.0. Moving on,
[01:12:05] Unknown:
Sparrow adds tab We already covered that one in line. Designing,
[01:12:08] Unknown:
which is because of HWI got upgraded. Thanks, Ciao. And then release candidates for LNG. Carries HWI on his back. Right? It's just him. It's just him. Another one man there's a lot of one man legends. No. But, you know, but to be fair though, people do contribute, to HWI. Like, a lot of the hardware wallets themselves have their people help implement the changes to HWI for their new releases. So it is collaborative, but but h but, yes, Chow does carry that on his back. And he is the kind of person who does test everything and review everything, right, that's why it takes a little longer. Alright, so on the lightning front, of course every, the 3 of the 4 main releases of of, oh no, sorry. LND had a main release.
LDK had another main release. BDK has, experimental support for Taproot, descriptors, p s p t. BDK is a very cool project. It does help a lot of devs implement a wallet without knowing how to implement a wallet, so very bullish on the library.
[01:13:28] Unknown:
Yeah. I mean, BDK is super promising. It's just Yes. Not really there yet. Right? Yeah. Well, I mean, writing a wallet is a lot of work, and these guys are doing that with a lot of features at the same time, which is just exponentially harder. But basically, the idea of BDK is, like, it's the base. It could be the base for any new wallet. Right? And then, like, people can build on top of it and and make whatever changes they wanna make, but they don't have to, like, they don't have to build from scratch the core logic. Right? Yeah. But none of this stuff is plug and play. Right? You still have to there's a lot of of glue and a lot of stuff you need to write. Supposed to make it easier at least. It does. And then the idea is that that'll bring more competition among wallets and we'll have better wallets and everyone will win. Yeah. And it's fun, dude.
By Block, formerly Square. Yes. And so is LDK, right? LDK, which is the same idea but but but What about Lightning Core? That was an unfortunate choice of name. Core Lightning.
[01:14:25] Unknown:
Unfortunate. I I preferred the one with sea lightning,
[01:14:29] Unknown:
because it's written in c. But no. I guess part of the reason is because they're they've been doing more that's not written in c. Oh, I see. The real reason is because they're pissed off at lnd for branding itself as Lightning.
[01:14:43] Unknown:
So they shot back at them. Yeah. I mean, it's kinda like remember blockchain dot info, which was blockchain and, you know, everybody went to blockchain. Yeah. Don't use that site either if you're listening. Exactly. I don't think people who listen to a podcast about Bitcoin software updates, would have to be warned about Blockchain.info.
[01:15:00] Unknown:
They get, like, they get an hour and 15 minutes into this fucking rip, and they're like, oh, wow. They mentioned blockchain.info. I'm gonna go check out that wallet. Right. Exactly.
[01:15:09] Unknown:
They survived this long.
[01:15:11] Unknown:
They gotta cover it. You gotta cover it just in case. Notable code and documentation changes,
[01:15:18] Unknown:
this week, well, in their week, not my week. Bitcoin Core, Core Lightning, essentially all the projects. And then, oh, h w I yeah. H w I, edit the single sig support for back 32 m addresses, which helps it tap root. Okay. Alright. Now I have a few more things here on the list. So next would be, which I did it in the wrong order. There's Blix Wallet. We didn't cover Blix Wallet.
[01:15:58] Unknown:
Blix what? Pretty dope. Blixt
[01:16:01] Unknown:
lightning wallet. Don't know that one.
[01:16:04] Unknown:
You go for it. Android and iPhone. Okay. So it's really cool. Wallet. Okay. I'll I'll check that. Well, how do you spell it? Be the what? B l I x t. B l I x t. Okay. I wouldn't be surprised if they add NFC. It looks like they have it on their road map, but it's not on it yet. Yeah. B l I x t
[01:16:28] Unknown:
Wallet. Okay. I'll check that one out.
[01:16:32] Unknown:
It's a pretty powerful wallet. Mercury Wallet. There's been some good updates to Mercury Wallet. The last Splixd Wallet update was on March 4th, v 0.5.1. Alright. And then Mercury Wallet has been I've seen a lot of options
[01:16:54] Unknown:
in the Wallet. Who's who's got That's the
[01:16:56] Unknown:
that's the state chain swaps wallet. It does coin swaps on a state chain. It's a privacy focused wallet that uses Okay. Uses a a state chain implementation that's, like, not as good as, I guess what was it Thompson who came up with the original state chains proposal? Nah, I can't remember. Whoever came up with the original one, it required some kind of protocol change, so they figured out a way to do, like, a slightly less good version without any kind of protocol change. And you basically switch into their state chain, which has reduced custodial risk. But if they're the other counterparty, like, if they're malicious, then they could take your money, but if they're not, it requires them plus one of the participants to collude together to take your money. That's pretty good. But as a result a decent set of trade off? Yeah. As a result, it's off chain, and then you can do all these swaps, to gain privacy without paying transaction fees, and then you withdraw back to the chain.
Nice. Cool project. Yeah. And they've been making a lot of lot of progress lately.
[01:18:09] Unknown:
Do do you like privacy, Matt? No. Not really. You don't so you don't have anything to hide?
[01:18:15] Unknown:
No. I appreciate fuck you. Okay. Privacy is one of the most important topics in in Bitcoin today, and hopefully It's a great segue. Good to see so many tools coming out that are focused on it.
[01:18:31] Unknown:
Okay. So that's a great segue to, Taproot adoption on the Bitcoin Wiki. It's not really a segue. Okay. So, apparently, armory is planning, is planning Taproot.
[01:18:50] Unknown:
The armory? I know. I'm just amazed. I just I haven't heard that wall in years. I know.
[01:18:57] Unknown:
Anyways, so I don't think anyone should use armory anymore. Aqua, which is green, let's see here. Who who implemented send to to Taproot? Is that B coin, Bitcoin Core, Bitcoin Knots, Blockstream Green, Bitcoin wallet for Android, Blue Wallet, Breeze didn't and it won't, says no. Btc.com question mark. Caravan plan. Caravan is from Unchained Capital. Casa plan, Sea Lightning, yes. Coinomi Core lightning, you mean? No. Coin nami.
[01:19:44] Unknown:
No. Before that, you said sea lightning. It's core lightning.
[01:19:48] Unknown:
Right now, but it's it's written as sea lightning here.
[01:19:51] Unknown:
Okay. But sea lightning doesn't approve. I refuse. I
[01:19:54] Unknown:
will call it sea lightning to the day I die. Okay. Electrum, yes. Exodus, yes. Fully noted, yes. Guarda wallet, question mark. Joy Market, yes. LND, Cumming. Mun, yes. It's Moon. I always say Mun. I don't know why. Moon with 2 u's. Yes. Mycelium question mark. Nunchuck, yes. Phoenix question mark. Samurai, yes. Sparrow, yes. Specter, yes. Trust wallet, yes. Uniblo, never heard of that, yes. Wallets of satoshi, yes. Wasabi wallet, yes. Hardware wallet support is a little trickier, but it's essentially just signing to the address. So, Trezor, yes. Ledger, yes. Keep key, don't use it, and it doesn't.
Bitbox, yes. Trezor with Electrom, yes. Bitbox, yes. Keep key, question mark. Arcos, question mark. Code card, yes. Wallet, question mark. Seed signer plan, tangent question mark, block stream, yes, and keystone plan for q122 so I guess it didn't happen. Web wallets, coinapult,
[01:21:24] Unknown:
question mark, coin dot space slash Are you just reading, taproot support? Yes. Okay. Continue.
[01:21:30] Unknown:
BitGo, yes. Bitnob, yes. Blockchain dotcom, planned. That's weird. They just did, hierarchical deterministic like the other day. They never did business. They did that segue like a couple months ago. Something like that too. Fireblocks planned. Fireblocks is a big deal, because they are the back end of a lot of the exchanges. So if you want to send from an exchange to a top root address, you they would probably need to support that.
[01:21:58] Unknown:
Yeah. Fireblock is actually like a massive centralization risk that very few people ever talk about. Yeah. Yeah. But it's certified, Matt.
[01:22:06] Unknown:
It's certified. It's certified. Hold the transactions, yes. Coinb. In, question mark or the question mark. Do I go through the exchanges? Nah, Bitcoin ATM, nah. Blockchain Explorers.
[01:22:25] Unknown:
Do you use Taproot yet?
[01:22:28] Unknown:
What me? No. I won't use Taproot for a long time.
[01:22:32] Unknown:
Okay. Don't use anything that's mute. Our store Why am I reading this? Coinkite.com
[01:22:37] Unknown:
still uses one addresses, legacy addresses.
[01:22:40] Unknown:
I feel like this is a good time to remind people that, like, that's on the receiver. Like, there's no I guess, except for privacy reasons, there's no reason to to to, be upset if a merchant or a person is using an old address because the fee savings are dependent on this the fee savings are dependent on the sender, not the receiver. So That's right.
[01:23:03] Unknown:
Well, for a while, we were getting a little bit of hate because people didn't understand that, so we had to I know. That's why I'm repeating it. I'm
[01:23:10] Unknown:
well aware.
[01:23:13] Unknown:
Right, alright. Going to the next topic, Bitcoin signing devices. So we started this little initiative, that many people have sort of like pushed here and there, but I figured it needed a domain, right? You need to buy domains otherwise things don't exist. So sign in device.com
[01:23:35] Unknown:
And the biggest problem is harder wallets or not Did you have to buy that on, like you bought that from a previous owner, right? No. No. It was available. It was just available for like the usual like dotcom price? Yeah. You just bought it? Yeah. Well, really my price cost. Like I get it for cheaper. That's crazy signing device.com was available.
[01:23:56] Unknown:
Yeah. Kudos. Yeah. So so we made a little website. Hardware wallets are not wallets, they're signing devices. Wallets have UTXO information, block data information, they can construct transactions. Hardware wallets don't know anything, they just sign transactions. While some do better than others, but essentially they cannot construct a transaction because they don't have blockchain data. So that's why the p s b t comes from the software wallet to your bitcoin signing device. So the more people we can get on the train of calling bitcoin harder wallets bitcoin signing devices, the better its gonna be for the round on the next bitcoin hype cycle.
Because right now it's just us left here, right, that bitcoin crashed. So there's probably nobody that cares about this around for now. Sorry, nobody that doesn't care about this is around for now, but, yeah, on the next cycle let's try to get people saying sign in devices and move on from this. We have gone through the trouble of going on the cold card website and adding sign in devices everywhere on the text to start properly confusing people with the new term. Next here, one more domain, bitcoinbinary.org. I wanted to give a little update on this one. It's a child project of mine.
So I went to like a website where notable members of the community that can code and can build projects from source code would post a video of them doing the deterministic build. Right? Proving on video that they did it. So that people that can't have one more source of truth. Is it better than them themselves building? Of course not, but it's one more source truth. And we had a bounty for somebody to automate builds, and, and sort of like we can get around of builds, to at least task if they build, automatically, and, I forgot the name of the of the person, the NIM who did it, but, he claimed the bounty, and now when there's new versions we can get the website to build it with a little video showing that it was built, on top of community members to do it. And it's such a simple little thing that that exponentially improves their security, that, I don't know, it just felt like it needed to exist.
[01:26:39] Unknown:
Love it. Great initiative.
[01:26:41] Unknown:
Yeah. If only they would mention that the other podcast that does the releases?
[01:26:49] Unknown:
I've definitely mentioned it in the past on Radical Recap.
[01:26:54] Unknown:
Alright. So, the only mention about price which is not gonna be mentioned about price is an update on BitcoinTreasuries dotnet. Essentially, the miners all dumped half their coins. The the big publicly traded miners, so, so that was reflected on bitcointreasuries.net. And mister Saylor has not added more publicly to his huddle. So, so we have a lot of entries but they've been pretty much not updated. And I think probably Celsius went to 0, so there you go.
[01:27:36] Unknown:
Lastly, which I should have got at Probably safe to put Celsius at 0 now.
[01:27:41] Unknown:
No. It's actually minus. But yeah. Okay. Lastly, which I was going to do earlier, but I'll do it now some of the Quaintite updates. We have one more product on the on the cards line that we haven't talked much about it because we just sort of invented, and then we sort of went through the trouble of getting it out. It's called the Sats chip, and it's essentially a a real NFT, the way it was supposed to be. It's a way for you to add a chip to a piece of art signed with Bitcoin Signature, and uses sort of like the OpenDive model so you can't really take the privacy of it. Is it a Poincare product? Yeah. It's essentially based on the Sats card and the TapCigner.
[01:28:34] Unknown:
And also, I mean, I've just
[01:28:35] Unknown:
seen a lot of artists basically embed OpenTime, so I guess there's a purpose for that. Yeah. Good point. I forgot that. And that's pretty much the reason why we did it is because we didn't want artists to be sort of sticking the Open Dime in the art in ways that may harm the the art or the Open Dime. So we wanted to find a a more a better way of doing that. And we leveraged all the firmware that we wrote for TapSigner in a way that works for the artists so that, essentially, they can they can sign a picture of the art and all the metadata and it's a Bitcoin signature, it's really cool.
And there's even a little, we released a little command line tool today so that they can do that, and then there's a little gallery on, satschip.com/gallery where they can push it. I hope to get a few of these on Crypto Graffiti's hands soon and and get, get that ball rolling.
[01:29:38] Unknown:
I would just say that the NFT craze was horrible to see, but the, like, the actual physical Bitcoin art is really, really cool.
[01:29:51] Unknown:
It is really cool. I I mean, you know, this is the difference, right, between buying a JPEG that anyone can copy, right, and buying a physical piece of art with a certificate
[01:30:04] Unknown:
that nobody can forge. Exactly. Like, I still don't think I'm at the point in my life where I would buy, like, I I don't think the physical art is gonna outperform Bitcoin. Of course not. To look at. We don't buy it. It's a cool concept.
[01:30:16] Unknown:
Bitcoins Bitcoiners don't buy art as a store of value. You buy it because you like the art.
[01:30:22] Unknown:
You know? You buy Bitcoin as a art guy. Kinda think that I do think that, like, the rise of Bitcoin could be very good for independent artists. Well, I think it's great. Just launched Bitcoin Park, in Nashville, and we have all the walls are, are Bitcoin artists, and they're available for purchase. Like, we'd we're basically acting as, like, an art gallery. We don't actually own them. You know, Crypto Graffiti was very generous in, in, working with us on the first Satskar
[01:30:50] Unknown:
art, without any sort of, like, sort of, working out how we were gonna make it happen. And, we're very, very grateful to him for that. And He's just a great dude in general. Yep. We we think that, you know, if we can make Bitcoin products full of, like, cool independent art, then we we are better for that. Alright. What else is on my list here? The the fully noted NFC beta I mentioned. Oh, this is coming to cold card. People have asked. We think it's awesome. It's a BIP85 based passwords. So we do the BIP85 seeds now, right, so you can use it to populate your your phone app with, with a seed that's terminalistically built so you only have one backup.
But you're gonna be able to also generate passwords, for things, and we're gonna emulate a keyboard for input. So, if you have your non deep cold storage cold card, your just play cold card, your second one, you can plug it in and press a button and it will inject the pip85 password into an input box on the computer. That's pretty awesome for things like, SSH protected keys, or, like, you know, big interesting things, like things that you don't care. Sorry. Things that you care about the security, not like things that the the service on the other side already has a copy anyways. Right? So, yeah, so pretty excited about that one.
What else? The block clock micro reservation started. This is a little a bleep version of the block clock mini, and it's gonna be a $150 and same functionality, but just tiny little screen. It's very, very cute.
[01:32:55] Unknown:
When does that come out?
[01:32:57] Unknown:
I don't have dates yet. I will commit to dates once we finalize the front board because we we have it. Right? Like, it works. It's all good, and the firmware is pretty much done. The thing is we're still playing with the front plate design, and, you know, the world that it is just takes a little longer to do the rounds of of iteration with the the PCB makers. So I just don't wanna promise dates and not keep them. So as soon as I have a better sense of the date, then we'll we'll say it. They they we got a lot of reservations. People really like that idea, so pretty excited about it.
[01:33:39] Unknown:
Yeah. It's definitely people have just wanted a cheaper block clock for a while. I mean, just because the block clock's fucking awesome. Yeah. I mean, it's a big way of thinking about it. Realize, like, the block clock mini, which is, like, the famous one now because, like, Dorsey and, like, the ex Thai prime minister and shit have it in their background. I should probably congratulations on that. That was pretty cool. The Thai the Thai dick that's he wasn't I don't think he was a dictator. I don't know. But the Thai president who got, thrown out, was on an interview, and he had the Block Lock Mini behind. But that was born out of the original Block Lock was ridiculously expensive. Right? What was it? Like, 6 k or something? It was essentially a Bitcoin. It was 5 grand when Bitcoin was 5 grand. Yeah. Well, you know, but that one had it was it costed a lot to make. So we So is this part of the show just a big CoinKite ad just to end it? Is that what's going on right now? Well, don't worry. We're gonna get to you. Are you gonna send me a payment? To your shills.
I I just I
[01:34:41] Unknown:
I I make sure to embed the shills throughout the show. Yeah. I noticed that. See, I am a little bit more honest. I have a point guide update section.
[01:34:50] Unknown:
There you go.
[01:34:52] Unknown:
So BTC sessions okay. Now this is notable. The man spent 2 hours it's a essentially feature length tutorial of cold card. I mean it's seriously awesome, that that tutorial was pretty cool. I feel like he deserves a shout out for that. And we do have the coin kite stable coin now, which is the gift cards. I think this is it on my list. Matt, do you have anything to shield?
[01:35:24] Unknown:
Nope. It's been a pleasure. This is a fun rep.
[01:35:28] Unknown:
No. Come on. Give some details. I'll go to Bitcoin Park.
[01:35:32] Unknown:
Oh, I mean, I can't wait for you to come down and check out Bitcoin Park. It's gonna be fucking dope. Yes. I mean, it is it's already dope, but it's getting doper every day. We're on, like, day 14 of it. In proper Bitcoin fashion, we launched in the depths of a bear cycle. Classic. But there's a lot vibes are high. There's a lot of, excitement and momentum around it, and, basically, it's, it's in Nashville. It's like a mix of, like, a social club, coworking space, event space. We're gonna have workshops there, like, dev boot camps. It's right next to the 2 colleges in Nashville, so we're gonna be teaching young kids to build on Bitcoin. Guys have Rod. Right? I mean, he's Yeah. We have Rod there. He's he only talks about 2 things, Bitcoin and Nashville.
I know. We have the Art Gallery. To know which he's more obsessed about. It's basic it's these 2 buildings with, like, a courtyard in between them, and, they're both 2 story buildings, and they're just really just really nice facility, and and it's purely focused on so this community initiative that's focused on jump starting grassroots Bitcoin adoption. The country is not the country. And, like, the whole model is, like, basically, it's community supported. So it's like it's like a membership model we're doing Nice. Where people pay yearly membership, and then they get access to the facility, and they help support everything.
So we have in state members, we have out of state members at a reduced rate, and then we have corporate members. It's cool shit. It's been a lot of my time has been spent lately. The this this whole idea of, I mean, we both saw what happened in, like, the 2013 or 2015 era where, you know, all the hype was around merchant adoption and shit. And it was just way too early, and a lot of it was bullshit because it was It was even a payment terminal. Yeah. It was just like I mean, it was just it was merchants were just auto converting to fiat on the back end. But I really do feel like there's a lot of momentum now for, at least the beginnings of of Bitcoin Circular Economies.
It's a it is a completely different vibe now just generally speaking. I think it's it's a very powerful thing to be focused on right now because a lot of the pain points we see get mitigated to a degree if if we have Like, I think time is of the essence to a degree. It makes Bitcoin more robust as a system. Awesome, Matt. I am looking forward to going and visit that. You're always welcome anytime. I'll pick you up from the airport.
[01:38:24] Unknown:
Alright. I I will, I will, take you up on that. All right, well, thank you so much for being my first guest, and maybe there is a second episode, but this was a blast, And if you lasted this long listening,
[01:38:40] Unknown:
takes a listen. This is just the only episode ever. Yeah. I mean, you know, this could be that special. It could be It was a pleasure. I enjoyed kicking it with you, and, I'm I'm I'm I'm I'm humbled and honored that we have so many,
[01:38:56] Unknown:
developers working tirelessly around the Bitcoin ecosystem for I mean, just for people to have a little bit of perspective, we we covered maybe, like, 5, 10% of the projects.
[01:39:07] Unknown:
Yeah. There were a lot of projects that we missed. A lot of stuff. A lot of very good projects that we missed, but there was no there was very there was no
[01:39:15] Unknown:
If there is projects out there that you wanna hear and I do happen to make a second episode, do submit.
[01:39:21] Unknown:
There's, like, literally no prep work on this. No.
[01:39:24] Unknown:
I I tweeted this morning saying would people be interested if I did a little podcast, you know, going over the the Bitcoin software releases? Yes or no? You know, got a few replies, people so I'm like, okay, great. I'm gonna go record this. I'm gonna do it today or I'll never do it.
[01:39:47] Unknown:
And, and that was it. Thank you so much. And then he texted me and was like, Matt, you wanna record? Boom. Done.
[01:39:54] Unknown:
Alright, guys. I hope, everyone have a nice, a nice day.
Hello. Yeah. So
[00:00:07] Unknown:
Hello.
[00:00:09] Unknown:
Hello. It's like a big empty canvas out there, isn't it, Matt? So okay. So hello, and welcome to the Bitcoin review. Bitcoin dot review. Fuck. Let's start again. Don't start again. We're good. We're good. Fine. Alright. Hello and welcome to the Bitcoin Dot Review because that's the domain. Get it? So I started scratching my own itch with this. It's a best efforts sort of place to talk about Bitcoin projects and software updates. And we did so we stopped
[00:00:41] Unknown:
covering
[00:00:42] Unknown:
software updates and rabbit hole recap. Yeah. Pretty much. I mean, it's kinda how I start everything in my life is, like, there is a a market, normally me and my wants, and somebody is not covering or or meeting that need. So then I have to go and do it myself.
[00:01:03] Unknown:
Well, good luck. It's a pain in the ass following all the software updates. It is, I went I went through the list. Way possible. I mean, it's good it's good that there's a lot of software updates.
[00:01:13] Unknown:
Yeah. I mean, there is a lot and, you know, the rabbit hole, the rabbit hole recap does not cover proper software updates anymore. And you know, and you guys also cover a bunch of other topics, so you couldn't go through the whole boring list and I wanted to go through the whole boring list and I wanted to go through the whole boring list
[00:01:32] Unknown:
and sort of mention all the things that we're gonna do. I'm happy to go through the whole boring list with you. You're really Thank you. You're really selling it to the listeners who are Oh, yeah. No idea. Whether or not they should turn it off now or if they should continue.
[00:01:43] Unknown:
I I think they should, unlike and unsubscribe right now. Tap that button.
[00:01:50] Unknown:
Just turn it off. Turn turn it off right now, guys. It's gonna be a long boring list.
[00:01:55] Unknown:
Yes. So okay. So just a couple of things. So Matt was kind enough to join me on the first episode where I steal his audience, it was very kind of him. And the idea here is I hope to have different guests, probably many will repeat as long as I don't bore them to death, to help me go through this list. I am not the type of person who enjoys talking to myself on things, so I like the conversation. I think you'll add more value to it, and, hopefully, you help me see other projects and other updates I've missed. And the the format will be, software releases, and then we'll talk about a few different things like, Taproot adoption, some initiatives.
I wanna go touch through a few topics on the Bitcoin OPTAC newsletter. I will cover some Bitcoin some coin kite updates, and some of our other websites, and, you know, whatever other things we wanna talk about at the end. So hopefully, you have about an hour or so of of of stuff to to bore yourself to death. Let's fucking go. Sounds exciting. Alright. Yeah. So, so not to fully kill the audience from the beginning, we're gonna skip Bitcoin Core because that one has a wee bit of updates. So we'll start with hwi2.1.1. Let me get here the release, and it was surprisingly a small release.
It's, it just adds Ledger Nano as support. They changed the yeah. They changed the detection of top root change outputs for Trezor, and they fixed the signing failure for Ledger Bitcoin app 2.x. Well, on the plus side, there is quite a few pull requests that are good there.
[00:04:06] Unknown:
I wonder what that means if they just weren't checking change for taproot addresses on Trezor.
[00:04:13] Unknown:
You know, I don't follow the Trezor part, on h w I, to be honest. I think oh, you know what? I think if I remember right, I think Trazer had, some checks that they did it, and then it broke HWI. And then I think they removed it, and now they probably fixed it and added again. Could be wrong. Somebody please let me know on the oh, yeah. You can go to bitcoin.review, that's the domain, and then on the top right there is a button called submit story or something like that. If you click there you can send your hate mail directly to me, which will be very welcome.
Okay, so yeah. So there is also a pull request there for tap signer. We've, we've, written the code for Andrew
[00:05:11] Unknown:
Ciao, whom What is this big find out review website?
[00:05:15] Unknown:
That's gonna be the name of the pod and the name of the and the website for the pod.
[00:05:20] Unknown:
But then what are these Do you even know which pods you go on? I'm like, I'm I'm I'm just I'm supportive of this initiative because I'm just gonna take your show notes, and I'm just gonna read them on rabbit hole recap for our software update section. So I don't have to so I don't have to do all that. So I'm here to support that initiative. It makes it easier for me to track software updates. But this site isn't just software updates. I see I see the white paper. I see something about BIP 85 here. So is this just a new supposed to be a news feed?
[00:05:55] Unknown:
Yeah. So originally, bitcoin dot review was going to be a place for me put articles on that we write. Like, we wrote the BIP 80 5 sort of, like, article there explaining some stuff about BIP 80 5. Right. But that initiative sort of like fell off the cracks. We didn't have time to do it. So, being lazy and not deleting the 2 original entries there, I just added one more entry which is this podcast. Gotcha. And I need to fix a few things there, but essentially we're going to start putting in the pods there. And once I get the links fixed, you're going to get a show notes by clicking on it.
And, yeah, so that's the home of the thing, and you can actually subscribe. Awesome. There is an XML there for RSS feeds, yay.
[00:06:46] Unknown:
Not that people use RSS feeds, I'm an RSS maxi.
[00:06:49] Unknown:
Yeah. Some some people still do. I do, and we support that. Alright. Next. Let's toot our own horns. You know
[00:07:00] Unknown:
on bitcointv.com you can subscribe via RSS feed, so whenever a channel posts something it comes into your RSS feed. Waiting for the way to automatically update,
[00:07:09] Unknown:
sub to submit the playlist to, to that awesome website. I mean, dude, figure it out yourself. It's possible. Alright. Next update, Matt. Okay. Cold card mark 4 version 504. That's us. So we improved the USB protocol, we added more encryption to it especially for the HSM mode, We increased the size of the HSM mode, how it handles the the the messaging back and forth. So the the people who are using ck bunker will enjoy these updates. We now have, regtest support, for testnet coins as well. So if you're a developer, you're gonna appreciate that. We did a major rework for all the tests and, again, reg test, for Bitcoin Core, and also the Linux support got improved.
So, you know, we did hear the feedback from Linux devs using codecard, and they wanted to do that better, so that is better now. Some of the NFC stuff got improved, and Fully Noded now has a beta of their, of Fully Noded for iOS that supports codecard NFC, and it works. I think it's the first hardware wallet ever to do NFC with an iPhone. Yay. That's awesome.
[00:08:48] Unknown:
It is pretty cool.
[00:08:49] Unknown:
You know, and it's still going to be sort of like you know audio and all that stuff. I don't want to get people sort of like super hyped up but you know, just imagine that with 6 months of customer use and feedback and then you have something awesome. What else? We fixed it. A year and a half of feedback. But Yeah. No. You know, you could move fast. The thing is, like, app devs are sort of, like, a little sort of, like, more focused on some flashy stuff on lightning and other things. But Zeus should have NFC soon. Right? That's right. Zeus is working on it. That'll be big. Is working on it. I think there's a couple PRs. What about BlueWallet?
Yeah, there is a PR there. I don't know, it hasn't moved much, but it's essentially ready. I mean, ready for sort of beta dev kind of thing, but it's there. Hopefully, soon, you'll make it, and then we'll have it on all of them, and I think it could be very cool. Especially because, I think it was a square which is blocks with Spyro will launch. Yeah. Once they release with NFC that's just people. That's right. So they're gonna do NFC and, you know, I did have a chat with with Stick and with Charles at Bitcoin Miami, and both of them are actually pretty interested in NFT as well. So the head of ledger and the head of ledger. That's right. So they're all excited about NFC as well. So not impossible, we end up seeing, you know, the 2 major competitors we have, also adding NFC, I think, will be fantastic for everybody. Yeah. I mean, if Ledger adds it, that should really push the needle because Ledger's gotta be the most sold, right, by far. Yeah. Oh, yeah. I mean We know they have at least a 1000000 customers because that's all the people that got leaked.
We can count how many emails they have. Yeah. Right from the source. Amazing. Alright. So the other stuff is, it's small, mark 4, mark 4 version 0 3 was, you know, just more of that. Oh, and there was taproot, pay to taproot support added. That's important to mention. It's just that the the version o, 503 and 504 are kind of the same release. They just got split for reasons. So there there were a bunch of, like, little things. I I recommend if you're a cold card user, go check it out. Now mark 3, we didn't forget about you. We also added Pay2 Taproot on, 415 in May, and a few sort of, like, little, a few little bug fixes.
There is more mark 4 features being down ported to mark 3, and the goal is to sort of eventually maybe make a release that, you know, most of the features that can be back part of the wheel work. So, just wanted to put that out there. Awesome. And are you still selling the MK 3? Yes. We still are. We're still gonna do it for a while. We're also using the mark threes because they're slightly lower cost, and we've already recouped the r and d on it to to help meetups, especially in developing world and, in poor countries to to disseminate hardware wallets hardware wallet use signing devices use.
We we figured they can't really afford to buy units to demo and stuff, so we're sort of using the mark 3 as a vehicle to do that. That's awesome.
[00:12:43] Unknown:
Yeah. You know props for that. It helps.
[00:12:48] Unknown:
Since everybody is now, Bitcoin price poor, you know, we're gonna send the hardware.
[00:12:56] Unknown:
Alright. Yeah. We're all having fun staying poor over here. That that's right.
[00:13:01] Unknown:
Okay. So BTC pay server, version 1.5. I am not a BTC pay server user, but it is a project that is widely installed. And the two main things of this new release are the new dashboard, it looks jazzy. They do a very good job at showing all the statistics of your store, recent transactions, recent invoices. I do have a payment processor for our for CoinKite, on the credit card side, and it's starting to look like that. This is very nice. There is a dark mode as well. Very nice. I mean, they've had dark mode for a while, I think. Okay. And then they have this, payout processor. I think they can batch transactions. Oh, and it also improves the, how it handles partial payments on pool transactions.
So, when they're using pool for lightning, they can handle that better. I'm probably not sure. How does the pool payments work on BTCPay?
[00:14:13] Unknown:
Are you aware? I'm not sure. Nope. I don't use it.
[00:14:17] Unknown:
I am, I am a based layer kind of guy so I don't use a lot of lightning. I mean, at CoinKite, you basically you use the in house solution that you guys made. Right? Yeah. No. I'd love to it's it's it's just BTC pay server came after we already had invested, you know, like, years building our own infrastructure.
[00:14:38] Unknown:
And our stores not in source. Right? No. It's, it's like a a monstrosity.
[00:14:44] Unknown:
It's a true monstrosity. You know, it's it's like shipping, sales, all the stuff is in there, and it's like very us way of building it. I don't think many people would like to to take that on. Yeah. So if BTCPay existed way back then, maybe you would have gone with it. It's also dot net, which is not my favorite flavor of spam, but, but it is very good. And I mean, you know, in c sharp and, you know, dot net is a real language. It's not like this is JavaScript based. So, props to them. This looks awesome. There there's a lot of this really easy. You can enable and disable users, lots of UI improvements, and, yeah. I highly recommend people checking this project out.
Okay. Now BlueWallet. BlueWallet, So version 6.2.18 Making a point at not going to the GitHub release it release because it's just endless, amount of commits.
[00:16:00] Unknown:
I want just somebody to stop. Do the Marty,
[00:16:03] Unknown:
just read the release notes? No. Because, like, there is not like, the problem is, you know, unless you are a project contributor or somebody who truly, truly cares about the commits of a specific project, you want the summary, right, of the release. So like notable Like why does this matter to me? Yeah, like the notable features, right? So I'm going to put this call out to devs out there. Do me a favor, you know, on your on your, Apple, release notes on the app store or Android or whatever, or on your release notes at the top, put noteworthy or summary of the releases and put something there.
Yeah. Every release note should have a TLDR at the top. Yeah. I I think that's that's why we we try to do that on Twitter and a few others do that on Twitter, because it does help. Anyways, so for blue wallet, 6.2.18, it says fix, reorder wallet screen crush. So we'll go back one more, in January they released 6.2.17 and now they show the selected coin summary on coin control screen. That's nice. Navigate to selected wallet. Rewarded wallet in clunky is clunky to use. That's a fix, and they deleted AOPP, which is great. What was the yeah. I know. It's bullshit.
It's it's helping the bad people. I don't care how people spin it.
[00:17:45] Unknown:
Yeah. There's just there's no reason for it. That's right.
[00:17:49] Unknown:
Alright. Cold core.
[00:17:52] Unknown:
I'm surprised they it took, like, that they waited this long to remove it and then still removed it. Well, they removed it in January
[00:18:00] Unknown:
31st. So, yeah, now that's actually quite late, isn't it?
[00:18:04] Unknown:
Oh, okay. So we're talking about them getting rid of AOPP January 31st. Got it. Yeah.
[00:18:10] Unknown:
I went back one more update because the I guess because this is the first one, so you gotta, like, catch up and then Well, no. It's just too thin. Release this. You know, the 6 point the the one in February was just too thin, so I went I went down one more.
[00:18:23] Unknown:
Gotcha.
[00:18:25] Unknown:
Alright. So, this is a project I really like. A lot of people don't know about it. It's called Cold Core. It's by James O'Byrne, and it's essentially a command line Bitcoin wallet. Very featureful, very pretty for people who like the command line, and, it supports hardware wallets, which is great. He built it for him to use. It's called, Coldcard, hence, Coldcore. But I think it works with other hardware wallets if I remember right. Anyways, so the 0.31 release
[00:19:08] Unknown:
It just uses HWI, doesn't it? I believe so. Yeah. So, like, it presumably could work with other wallets,
[00:19:16] Unknown:
other signing devices. Yeah. Well, you'd still have to connect it. Right? It's not like plug and play per se. So anyways, I don't know. Somebody should check it out, and let us know. So in April 17th, where is I lost it. I lost it. Oh, release. Here. Bam. There you go. So, the release notes here. So, Wayland clipboard support, that's that's just never mind. Allow specification for fee rate in repair sand. Well, that's nice. So you can, set your fee rate and some RPC fixes. So this is a nerdy wallet with a nerdy update. It's a great wallet.
[00:20:09] Unknown:
Moving on to I have a nerdy wallet with a nerdy update. Nailed it. Right?
[00:20:15] Unknown:
But shout out to Oberyn. It's it's pretty cool project. Why why don't you you know, maybe the format should include a little nugget about, about the maintainers or the main maintainers of the project.
[00:20:28] Unknown:
I think when relevant, I mean, ideally, most of these projects have multiple many contributors. Right? But ColdForce is literally an Elburn project. Right? Like, he just carries it on his back. So It's like Sparrow, which is just like a Craig Raw project. That's right. So so James is both a Bitcoin core contributor,
[00:20:49] Unknown:
a, I believe he writes economic stuff, and he's also a great DJ. So that's a little trivia there for people that did not know much about James O'Byrne. So, going to fully note it. The 0.3.3 version, fixes some bugs where lnd node via my node would fail. Well that's a nice bug to fix. And, it prevented batching from working. Okay, so there you go. And why not, go back a couple more versions here because it's so thin. So,
[00:21:31] Unknown:
in April they had, bug fixes. Noted to another project like that. It's a Fontaine project. That's right. I got to meet Fontaine in Miami. Great dude. Yeah. And I believe it's him on the Internet, but it's good to meet him in person. That's right.
[00:21:46] Unknown:
I also met him in person the first time in Miami, I think. Or was it in Riga? Can't remember.
[00:21:53] Unknown:
It's gotta be Miami because I was in Riga with you. I didn't meet him in Riga. Yeah. But I met him in in Miami. I got him on stage too, which is great.
[00:22:03] Unknown:
Oh, nice. It was so funny. Like,
[00:22:07] Unknown:
people get excited about, like, these different billionaires and shit, and, like, getting them on stage. I'm like, yeah. I got Fontaine and Craig Raw. Super excited. I mean Who who is that?
[00:22:19] Unknown:
You know, the the real Bitcoin where it happens. Right? It's, oh, I mean, what is real Bitcoin? Bitcoin is available to everyone. Billionaires and plebs.
[00:22:29] Unknown:
Yeah. I mean, if if you're frustrated with how people use Bitcoin or who's using Bitcoin right now, it's only gonna get worse from here. No. I mean, you really don't understand Bitcoin.
[00:22:39] Unknown:
Yeah. Alright. So 0.3.0. If you run a joint market server, you can now connect directly, if you're using core. That's nice. So joint market support on, fully in audit is improving. I guess that's my take from the last few updates. That's nice. And as I mentioned earlier, they also have now the the test lite version, beta version of NFC. So thanks, Fontaine, for for doing a lot of awesome work. Next is Nunchuk, which is Hugo. Hugo is doing a fantastic job with this with this wallet. A lot of people don't know about it. It's essentially, multi user, multi sig.
It's it's very focused on on proper security. His app is fully native, so they're coding everything native in all the platforms, which is a bit of a feat. And, they have essentially a server that doesn't really know much about you to just coordinate messaging between the the clients. So that means, you know, you can, you can sort of propose a transaction to your your quorum of users in that multisig, and they'll get a message saying, you know, please sign this. You know, I am me, and I really wanna send it to this address, and then the people can choose to sign it or not. If you're familiar with an old project called copay, it's, it's similar, but, much better, implemented.
And these guys are really plowing through here. So now they do, proper full, end to end encryption for the messaging. You don't need, and this was, it's so funny, these are all my requests to Hugo. Primary key accounts, now you don't need an email to sign up. There was also me. Large BSPT support. Yeah. That's great. Now they support, they improve the seed signer work. They support Signet, which is nice. Signet is essentially test net, but sort of like a new version of it. And then going back one more update, they added Taproot support in single sig only. I don't believe there is a multisig spec yet for Taproot use. So MuSig is still sort of like there's no implementation out there.
And they're doing a bunch of other stuff that I don't know if it's public yet, so I'll keep on moving. Thanks, Hugo. This is a good list of updates.
[00:25:31] Unknown:
First of all, shout out to Hugo and the rest of the team over there. Their, their tool is is extremely slick and it's it's definitely very well, sorely needed, even amongst, you know, I'm a keyholder in multiple multisigs, that are that are collaborative multisigs with other other people for different organizations and whatnot, and even among the die hard Bitcoiners, there is a it is massive pain point, you know, transferring, PSVTs, partially signed Bitcoin transactions between each other to, like, sign multisig transactions. It's a complete pain in the ass, and a lot of lost time and mental energy, and it really simplifies it.
My biggest issue right now is I'm pretty sure, you know, everything's run through these mobile apps, and I'm pretty sure the mobile apps are still closed source. Am I correct on that? Yeah. But, you know, it's pretty hopeless on that sense.
[00:26:33] Unknown:
On iOS you don't have a choice, right, for you to install the app, it's still gonna come from the store, so be your trusting. And in all honesty, the majority of the people using Android, you know, aside from, you know, the hardcore folks, like, they are also local They're not gonna verify it inside Lo No. But they could, and
[00:26:49] Unknown:
the the point remains that it's not a case where it's viewable. Right? That.
[00:26:53] Unknown:
Most most of the, Android wallets don't deterministically build, so that is kind of pointless too.
[00:27:02] Unknown:
I mean, but you still we still would like to see at least it being source viewable.
[00:27:06] Unknown:
I I think there's, like, some standards here. But if people if it's not see, the issue is when you have these wallets that the stack is huge, right? Millions of lines of code because of all the libraries they need to make it run on the phones, and then it's not deterministically built. You know, good luck trying to audit that code. It's nice to have, but realistically speaking it's pretty brutal. So I think more than solid loading at this point, it would be nice to to see deterministically built, phone wallets in my view.
Okay. Including Nunchuck? Yeah. Yeah. All of them. I mean, you know, yeah. Like
[00:27:47] Unknown:
I'm just saying, like, I that that's, to me, that's, like, the biggest one of the biggest holdups in terms of But not all with a stable amount of money.
[00:27:55] Unknown:
No. No. All it's not all wallets are equal to.
[00:28:06] Unknown:
Yeah. But but really right. Wallet. Right? So the standards are higher, I would say, than, like, a spending wallet.
[00:28:12] Unknown:
Yeah. But, you know, like, when you look at the marketing of pretty much all the phone wallets, they all say just put all your funds in it.
[00:28:21] Unknown:
So so, you know, me, you, you know But I mean yeah. But still, nunchucks specifically is like the the its bread and butter is could be the ultimate
[00:28:31] Unknown:
organization savings wallet. But here's the thing. Right? Yes. I wanna see deterministic built on that wallet is a big deal. But one thing that is nice about it is because they're building things native and they're using like Bitcoin core methods of doing things, there is a lot less sort of, like, bullshit to dig through. So if they do add deterministic build to it, it should be very easy to to audit it. I mean, I know Hugo says he wants to, so Yeah. I mean, you know, it's like a nice to have thing. And he admits it's in beta still. He's he's in beta. Now, you know, now when you have, like, wallets that have, like, Java stacks and sort of, like, you know, major JavaScript stacks and they're serializing, serializing, serializing, serializing, like, secrets.
That's really when things kind of shit hits the fan. It's hard to audit those projects. And and then if they are not deterministically built, it's even worse. Right? Because now it's already hard to audit it, and you cannot prove without reauditing every time, so it's it's tricky. Yeah. We wanna see that in all wallets, especially the ones out of beta. Alright. Next is, green. Blockstream green. That's another interesting wallet, and it's been in the market for a long time, And, and under, Green Address used to be the name of it, if you don't know the story of the project.
[00:30:10] Unknown:
And That was actually a really cool concept, the original green address.
[00:30:15] Unknown:
Yeah. I don't know. So the problem is green address is also the name of something else that was meant to be sort of like, unflagged or flagged as green addresses so that you know that's not like a drug dealer or something. Really? Who's, yeah. It was it was an unfortunate name.
[00:30:33] Unknown:
For else? Well, the anyway, the idea for the original green address was, like, you'd hold, it would be a collaborative multisig with green address or green wallet, whatever the previous name for green wallet was. I think it was green address. And so if you paid from there, a merchant could trust a zero confirmation transaction based on Green Address' reputation. Yep. That was exactly it. And that was, like, what, like, 2013 or 2014 or something like that? Yeah. Around that time. Maybe a little bit later.
[00:31:03] Unknown:
Yeah. I think I think it was post 2014, around that time. Concept never got any uptick. I mean, merchant adoption never really happened. So I think the name really sent back the concept too, because, it was kind of like around the time where there was a lot of talk around the people blocking transactions that were coming from, you know, things that they don't agree with. And they wanted to maybe include that at part of the Bitcoin consensus core code. So it was kind of bad name choice. But now it's called Blockstream green, which is great. It looks very pretty. And in the last update, they added support, support ID on settings about multisig wallet, they changed drop address in transaction list, updated GDK to, 0.0.54, and updated translations. It's kinda cool, they do support quite a few languages if I remember right, and they have been improving. I have one green wallet that I use for a specific purpose, and, they have been improving. Now they support also a see, one thing that always drove me insane with that project was the fact that you had to use their nonstandard way of doing Bitcoin multisig or you couldn't use the wallet.
Now they support, like just standard single sig, as well as a few other forms of of script, which is nice.
[00:32:43] Unknown:
So, good for them for any I mean, Green Wallet was, like, way ahead of its time for a while, and then Blockchain acquired it. It was still kind of ahead of its time, and then they, like, let development stop. They didn't really have it as a priority,
[00:32:59] Unknown:
and then now it's just like they're doing it again, which is awesome. So Blockstream acquired them so that, as far as I understand, to to add to have a wallet that supports liquid. Right?
[00:33:13] Unknown:
And
[00:33:14] Unknown:
Then they came out with a different wallet called Okta. It was the same no. But it was the same code.
[00:33:19] Unknown:
Right. So then That was like a single sig. Exactly. So then they disambiguated
[00:33:23] Unknown:
the whole 50 different wallets into a single one that now supports everything. Right? I know they're working on PSPT support as well which is nice, and I believe they're also working on that HWI support because this wallet does support many different systems with a good UI. So I am looking forward to having this wallet work with gold cards so I can recommend to people who want a different wallet on their desktop or phone. Alright. Now the old good beast, one of my favorite wallets, Electrum, also one of the oldest wallets. I believe it's the first wallet after Bitcoin Core with, like, a a reasonable install base. It's that old. I think they launched in 2011.
So they did add lightning to Electrum, which sort of made things more complicated in a very complicated code base. So in this last update, 4.2.2 in May 27th, the lightning on the lightning part, they added watching on chain outputs, enforce relative order of some of the messages during, rest reestablishment. I you know, that that goes into the lightning stuff that I don't really pay too much attention. I love lightning. It's just it's just too much for me to pay attention to.
[00:35:05] Unknown:
Especially especially Electrum's Python implementation, like Yeah. Well No one cares.
[00:35:12] Unknown:
I don't know. Like, the the thing about Electrum that I like is that it works. It just works, and it does everything you need to do, and in my lifetime, it never broke. So, like, respect for that is like and also, you know, maintaining a wallet this size is is not easy, and maintaining a wallet this size for, you know, these many years also not easy. I just I just wish they had not added lightning to that wallet. I wish they had made it maybe a side thing or, you know, maybe electrum lightning or something so you wouldn't be able to like, it was an easy task, like, there was a lot of man hours that went into that. Oh my god. It was monumental effort, and they you know, props to them. They they even started before a lot of the standards were in place. Similar with BIP 39, which they still don't support by default.
And, but in my opinion, the biggest mistake that we made was putting starting development of Lightning on master branch that made Electrum essentially now released for a year. But they did, and it works, and they keep on pushing updates out, which is really cool. So, yeah, on the hardware wallets, smarter pairing during signed transactions, they fix a few things with keep key. It's amazing to me that keep key is still around. The Trezor clone? The Trezor clone, that went closed source because it was a different license at that time. It was a pre g p I when they cloned, I think.
[00:36:46] Unknown:
Oh, is this still is GPS closed source right now? I I think it is. I could be wrong, but I think it is. Well, anyway, if you're listening to this, don't use the keep key.
[00:36:56] Unknown:
Yeah. I mean, it's like they they no. They have I don't know if they even updated that project since
[00:37:03] Unknown:
Yeah. Let's just don't do it. It's not worth it. Makes no sense. So fix app image,
[00:37:09] Unknown:
fix fix bypass central proxy. Nothing really of note here. Fix a security fix, remove support for file in your eyes on BIP 70. BIP 70. Alright. So next. Oh, Spectre d Spectre Desktop. They have a nice tweet with, with the noteworthy updates. Thank you, Spectre.
[00:37:39] Unknown:
So Spectre Spectre is pretty good about it. Yes. So is BTCPay.
[00:37:44] Unknown:
Yes. I Thanks, Tara. I was pretty good about it. Yeah. Just just have a tweet, you know. Tweets are great. They force you to have a search. Like a nice little blog post too usually when you're updates, which is really nice. We are kind of all over the place. Essentially, what we do is we have a slightly shorter version of the release notes on Twitter and then a picture of the release notes and then the true fully released notes on GitHub. Yeah. You're a little bit of a hypocrite about it. Like, you could do a little bit better with it. Yeah. I mean, that's that's that's the basis of of being a company, is being a hypocrite.
[00:38:17] Unknown:
Fair enough. Well, at least you meant it. Do better every k.
[00:38:21] Unknown:
Alright. So Spectre 1 point 10.3 is out. Spook, spook, spook emoji. June 23rd. So it's recent. Okay so feature drag and drop for PSVT import. Well that's nice. So now we can, I can drag from my cold cards virtual disk into Spector desktop UI? That's pretty cool. It should make it a lot easier, and then they have 6 bug fixes. See that's a summary, 2 chores and one docs and one UI. So yeah, check out the Spectre desktop, it's a good project, and what I love about it it talks directly to core. It it's a it really is sort of like very little stack that you need to run it. And their UI does keep on updating and and improving.
[00:39:16] Unknown:
I mean, I think one benefit of Electrum stalling on updates to integrate their own lightning implementation was we might not have seen Spectre and Spyro get birthed otherwise.
[00:39:28] Unknown:
Yeah. No. It it's
[00:39:29] Unknown:
birthed out of this void that was left from Electrum not updating.
[00:39:35] Unknown:
Yeah. I mean, Bitcoin core web, like the the the UI wallet is, it's, you either love it or you hate it. Most of the devs who work on it love it, therefore, it doesn't change. It is also a monumental amount of change. It's changing UI in complex, desktop native software is complicated, especially when it's open source because designers and, UX people don't code. And in open source projects like Bitcoin Core is very sort of meritocratic and sort of self initiated, right? So if you wanna do something, go and do it, but in especially in Bitcoin Core, you're gonna get 10 noes before you get a yes. So if if you are the unicorn who can code and do UI, you're really gonna get 10 nos, but most guys can't code who can do UI, so they make these pretty UI's and then they sort of like here, somebody called this, which is the other 90% of the work and everybody's just like nope, right?
So it's a tricky thing. We appreciate everybody for working on it. Alright. So moving on to Matt's favorite project, and because he literally dropped the open dimes hat for Sparrow's hat. It was noticed.
[00:41:08] Unknown:
I wear both.
[00:41:09] Unknown:
Yeah. No. You don't. I I I know. We're an old girlfriend.
[00:41:14] Unknown:
I just go through my phases where I just choose one hat and just wear it into the ground. So Sparrow is a relatively I see the the OpenDigm hat is it's really hard to wear it into the ground, the the,
[00:41:25] Unknown:
like, ripstop material or whatever that material is. It's Oh, you have the old trucker hat. Right?
[00:41:31] Unknown:
No. No. No. I have the good one. I have the one that's, like, made out of the mil spec material. Oh, those I like those. I have those Those like you can't destroy at all, and they're great for traveling. You literally can't destroy it. I used one of those ones to drink water off the lake.
[00:41:47] Unknown:
Yeah. So okay. So Sparrow, Sparrow is a very cool project, relatively new. Oh, is it 2 years old now? It's run by Maybe Les. Craig Craig Wright.
[00:42:04] Unknown:
Craig Rall. Craig Rall. Sorry. I know.
[00:42:07] Unknown:
Oops. Craig Craig Wright.
[00:42:11] Unknown:
Fuck my mouth. Fuck out. Jesus.
[00:42:13] Unknown:
Okay. For the audience, I'm dyslexic. Okay? Give me a break. So so, anyways, I met I met Craig in Miami. It was, it was fun. It was fun. It was fun. It was a nice time chatting. Yes. Very nice lady. So, so they are pumping features. Wow. He he he reminds me of doc hacks. They just pump and get shit done. I lost the release. I need to go see that here, Release notes. So Craig is, Craig does not have a good summary of notes. So we'll go through a few. So on May 26th they released 1.6.5, they added a Ledger Nano as support really because it's HWI. So you notice a pattern that all the wallets that use hwi will add, you know, it's not just plug and play, but they will go in and add the implementation of the new wallet that's been supported by HWI, which is a great way of handling all this stuff.
They now allow watch only key stores to enable signing from matching connected hardware wallets. Oh, that's cool. So now you can sign connected too. They can also import gap limits from Electrum. I think they had different gap limits. For people that don't know, the gap limits are essentially how many derivation addresses and the space in between those you have or generate and start watching. So now they can match electrons when they import. So, Sparrow is a very was very clever on the beginning by essentially importing the Electrum, which is one of the most used wallets in the market before, importing their JSON file, which is their wallet file into Sparrow and just simply working, which is fantastic. I I love that kind of thinking.
And then they have a bunch of bug fixes on the release, including one from Andrew Chow. Andrew Chow is now a a a signal isn't his he has a key now for Bitcoin Core. Right? He's,
[00:44:35] Unknown:
he's doing a lot of core work, and he's not in great hands if he does. Yep. He's a very bright kid. Love that, dude. We're lucky to have him. Yep.
[00:44:45] Unknown:
And if, Andrew is listening, make sure to merge TapSigner into hWI. We're waiting. Love you.
[00:44:56] Unknown:
Did I tell you that I gave a Sats card and a TapSigner to a, Titans football player?
[00:45:02] Unknown:
Nice. That's
[00:45:05] Unknown:
I I I hope that there is a wallet that supports it in the wilds. I I mean, I told him it, like, wasn't really ready yet. I was just using it as a demo, and he's like, can I have this? I was like, I was like, I'm not gonna say no to you. You can take it. Just know that you're, like, one of the few in the world who has it right now. That's right. He was super excited about it. It was like this young kid. That's awesome.
[00:45:26] Unknown:
Hopefully, soon, everybody's gonna have it. It's gonna be cheap. So, looking forward to that. Right. Bug fixes, restore hardware wallet from communication in older IO, macOS. When hiding empty used addresses, add and remove addresses if address balance changes. This is a classic programmer wrote the release notes. Explicitly commit spinner editor value when closing dialogues. So essentially they fix the spinning, of the mouse spinning. Fixed date sorting in the UTXO table, that's nice, and a few other ones. Oh, fix PSPT tap root internal key duplication.
Okay. So they might have had a bug with that. And set lock all wallet menu control command status on every wallet lock, and that's just more closing little holes there. Well, I guess it's too bad we missed because the previous release was a massive release. They added native support for epom 1, They added a block stream jade support. They upgraded to to the newest, HWI, probably why the subsequent release had the nano, ledger, s, support. There's also taproot signing support now. Support scanning seeds, and a bunch of other things. Very, very good work. That's a lot of work.
So props to Craig.
[00:47:14] Unknown:
Craig is an absolute legend. We're lucky to have him. I think the Sparrow is by far my favorite.
[00:47:20] Unknown:
Yeah. I mean, if it's software wallet to use with signers now. The UI is nice.
[00:47:26] Unknown:
Very nice. So nice. The way you visualize transaction. You know, like, what what he has done with with Sparrow reminds me of what you and Peter have done with Coldcard, which is you can very much tell that it's it's a person who or a group of people who, like, need they needed a solution on for for using Bitcoin. They needed a tool for using Bitcoin, so they built it around their own need.
[00:47:50] Unknown:
Yeah. I mean, it's not Shitcoin or Banker sort of like, hey. I need a wallet.
[00:47:54] Unknown:
Yeah. It's it's it's a 100%. Like, I I I need something to use, so I'm gonna build it myself. And then and then, you know, ideally, be able to make make some profit, some lean profit on the side of it with it. And, yeah, so shout out to him, and he is it is a monetized project now because he does have have the coin join built in, so he is making revenue off of it. But if you wanna support him, he has a donation page on spiral wallet dot com. That's great. Like, I I want sort of contributing.
[00:48:24] Unknown:
I want every sort of, like, good developer, good contributor to projects to make a killing, not just a little bit. I hope they all become extremely wealthy from their work. I mean, that's the ideal situation because the donation model is not sustainable. No. I mean, you know, it's it's what I, you know, like, I I I sort of, like, joke sometimes is bag wear. Right? Like, you can't you can't maintain money handling software on on, like, you know, on donations only. Right? And, you know, Bitcoin Core does have enough money because, you know, a lot of people got in early. A lot of people get grants. It's the base layer. You know, the side projects, all the the all the the the ecosystem projects. Right?
It's a lot harder and a lot more complicated because, you know, traditionally, you know, if you wanna make sure, you know, you don't make money, you know, go work on open source projects. And then in Bitcoin, like, all those projects have also competition. So it diminishes even their sort of like their their their, their market base, and, it's just it's nice to see people come up with ways of making good money, and I hope they make all the money. So yeah.
[00:49:47] Unknown:
Yeah. No. You definitely you wanna see sustainable models.
[00:49:50] Unknown:
Yeah. Exactly. It needs to be sustainable. Right? I I don't want people having to email a bunch of people saying, hey, I need help financially to maintain this project. Like, you know, you want people to feel like they have enough value.
[00:50:02] Unknown:
But I I I think also at the same time, like, if you are finding if you find software useful and they accept donations, even if they are even if they are monetizing, still consider donating. It's it shouldn't be it shouldn't like, right now, like, basically, like, Sparrow is is ramping up his monetization, and it's becoming sustainable. Right? But in the early days, the donations still help even though he's doing that. And, like, a good example right now is Robosats, which is this new p to p KYC free, no KYC Bitcoin exchange that's Tor only. And, like, they're built from the ground up to be sustainable. Like, they take a fee of every transaction.
I love it. But but those fees don't cover development right now still. Right. Right? Like, they're in this bootstrap phase, so I'm donating to RoboSats even though they have a sustainable model. So I'm just saying that people shouldn't just look at these things and be like, oh, well, you know, they're monetizing, so I'm not gonna donate. Right. I think another thing too is that, like, it it helps developers
[00:51:18] Unknown:
or like project manager. It helps the the project people to to see market signals. Right? So if they see that there is enough donations going to their project, they will put more effort in and build more features and and maybe or maybe they will maybe that's the the thing that makes it they make the decision if they're gonna go full time on it or not. Right? Because a lot of times, people just don't know how much market there is out there for what they make. People cheering on Twitter for the project doesn't really sort of mean much. It's very helpful is, like, in terms of, like, spreading the word about the project, but, like, people, you know, partying away with their SATs, to support a project really sort of reinforces for the maker that there is a market and they should continue. Right? Even if it may not be a lot now, like, it just signals to them that there is a market that that is willing to pay for it as opposed to just thank them for it. Right?
I I think that's why it's so important to monetize things.
[00:52:26] Unknown:
100%. We're on the same page on this. Yep. Alright. So fountain
[00:52:31] Unknown:
the fountain app podcast. I'm gonna go you're gonna love this one. I'm gonna go through the to the app store, release notes, which is 0.4, bug fixes and improvements. 0.3, bug fixes and improvements. 0.319,
[00:52:48] Unknown:
bug fixes and improvements. I should tell Oscar that he should do better with that. Shout out to Oscar. I don't I don't have release notes for it. Well, the big one for so so the big one for 0, the the previous release, what is that, 0.3.0? Whatever. The the one before 4. The the one before the most recent release, the big improvement was offline listening, which I think is a must for podcasts. Oh, that has to it has to. So that was a big one. Fountain Podcast is a podcasting 2.0 app, where you can stream sats to content creators that you enjoy. So so, it's one of the leading ones along with Breezewallet.
Yeah. So offline listening was a big ad for the previous release, and then this release, the big ad is listeners now can earn SaaS. If you listen to a podcast through Fountain Podcasts, you automatically, without doing anything, just start receiving SATs.
[00:53:49] Unknown:
Yeah. That's pretty cool. Getting paid. Nice little incentive structure. Exactly. Money goes from the advertiser to
[00:53:58] Unknown:
to the Exactly. Media. You actually get paid more if you listen to ads too. That's great. It's like a cool concept. They're playing they're, like, tweaking the incentives over there, but it's a pretty cool concept. The one major negative of Fountain right now is that the the Lightning Wallet is custodial. So you have custodial risk there. You shouldn't keep them I I don't have a problem with that. But they are they are actively trying to get away from that, and they'll probably end up using Greenlight, through Blockstream, which is a trust minimized cloud solution.
[00:54:31] Unknown:
Nice. Yeah. I mean, realistically speaking, you know, like, lightning lightning amounts are economically more irrelevant. Right? So it's like it's not, like, the incentive to rob your own user base is a lot lower.
[00:54:44] Unknown:
It's it's like, the way I look at it is like, okay. So, like, how much cash do you have in your back pocket if you go out? Exactly. Like, if you get robbed in that situation and you lose a $100, it's not And realistically speaking, running your own lightning node is a bit of pain in the ass.
[00:54:57] Unknown:
You know? So I I think it's a it's a reasonable compromise.
[00:55:01] Unknown:
The bigger issue is with custody is, like, if you get big enough the regulators are gonna come after you and make you add KYC, and no one wants KYC. That's yeah. So Greenlight is actually a really compelling solution here. The major negative of Greenlight is, the node is offline if the user's app isn't open, because the user's app is holding the keys. That's what makes a trust minimized. The keys aren't on the server. Right. But in this particular instance, if it's a listener paying while they're listening to a podcast, they already have the app open, so green light could be perfect for that. It doesn't solve the problem for the content creator. The content creator basically needs a 247 node always on. Right. Well but Fountain app could also just just handle that for the content creator too. Right? They can they can host the bitcoin dot review. Or, like, Voltage. They could do, like, Voltage for the 247 node, something like that where you have a hosted node.
[00:55:57] Unknown:
It's fun to see new stuff. You know, that that's another nice thing too. It's like that's like like new and novel. Like, it's nice that people are trying different stuff. They're not just sort of, like, trying to compete on the same sort of spec at some other app. I agree.
[00:56:13] Unknown:
Cool. But shout out to Oscar and the rest of the fountain team. Yes. Please add release notes. Like they're building over there. Yep. But also, yeah, add release notes, dude. He usually releases a blog put he releases, like, blog post that's pretty good about with the updates, but you should have it in the App Store too.
[00:56:32] Unknown:
No. I I bet there was. I mean, you know so just,
[00:56:36] Unknown:
Matt sent me Fountain app to add to the list, but he, of course, did not give me the proper URL for it with the release notes. I mean, NVK, like, messaged me 2 hours ago, and he was like, I wanna do the show. You wanna be the first guest? And I was like, yeah. I'd found it. Because he sent me a whole list of all the updates. It was the first thing I knew. This wasn't there. So I'm gonna move on now to the Bitcoin
[00:56:57] Unknown:
to the Bitcoin uptech. Do you have any other apps that we may have missed?
[00:57:07] Unknown:
Well, Wasabi 2.0 came out. That way we should use it.
[00:57:12] Unknown:
Yeah. Well,
[00:57:13] Unknown:
I think it's complicated. The
[00:57:15] Unknown:
They're using chain analysis. They're paying chain surveillance firms to fucking But every every yeah, I mean, it sucks. It does suck. But I think we're gonna more and more see that happening. And I think a lot of projects that deal with stuff like this,
[00:57:31] Unknown:
they have a server that have a server side. Let's just straight cope. No. I I don't use Wasabi personally because I I don't really, I use JM. Well, on top of that, if for whatever reason, if you're using a privacy wallet that is literally over complying, you're paying change surveillance, it's fine for you. I would add that, so Wasabi 2.0, the reason I'm bringing it up is because there was a massive change, in how they do CoinJoin. You know, it was a fundamental change, and they implemented this new protocol, Wabi Sabi, which, like, on the surface, seems like a pretty cool improvement. You don't have a minimum amount anymore. The UX is cleaned up a lot, but it's complicated. Like, the the the method they're using is kind of obscure and complicated.
But isn't it viewed? I I The lead the lead creator of Wacker. I have not, like, looked into it at all. Well, that's one of the issues they have is, like, a lot because they because they added this change surveillance element, they've lost a lot of their die hard contributors because they're all privacy focused people. Mhmm. So review is minimal. And then the creator of this Wabi Sabi protocol, which is what is the basis of Wasabi 2 point o's name, nothing much. He actually has me blocked on Twitter, but I have a lot of respect for that dude. And, he has a whole thread where he's like, this is unsafe to use.
So Oh. If the creator of the fucking protocol is saying that they implemented it poorly and that he doesn't want anyone to use it, like, that's enough for me. Here's a question. Do they use the chain analysis stuff on the normal wallet use? No, right? Yeah. My understanding is all oh, no. No. It's only inputs for only, but it's it's for inputs of CoinJoin rounds. So if you're going into a CoinJoin round, it presumably gets sent to a chain surveillance firm, and then that chain surveillance firm basically gives them the nod yes or no. But on top of that, the way they've implemented Wabi Sabi, supposedly, extra data is getting leaked to any to the server and presumably the chain surveillance firm they're using as well. That's very important. Together and shit.
[00:59:48] Unknown:
I I I find it hard to believe that that a project will have a long, a long install base after adding chain services. Like they're struggling. No. I mean, of course. But, you know, my view on this that, like, the the problem is any project that has capturable people that does this kind of, like, service will eventually be presented with 2 choices, either go to jail or, like, you know, talk itself. Right?
[01:00:22] Unknown:
I think it's a matter of time. Close down the fucking thing then. Exactly. No. No. That that's but then then the Wasabi is still an open source project. Anyone can run a coordinator. Close down the fucking company then if you're if you can't do it in in,
[01:00:36] Unknown:
if you can't do it in a state where they're at. Happen. Right? Maybe they will close on the company because it's gonna be very hard to have users, doing coin join if they're getting, being sent to chain analytics.
[01:00:49] Unknown:
Yeah. It's pretty fucked up. But, you know,
[01:00:52] Unknown:
I'm not gonna get into the whole coin mixing. It's just too much drama for my, for my, taste. But why is it that the the coin the the the mixing coin crowd is so complicated? It's beyond me. Anyways,
[01:01:12] Unknown:
any other All my favorite all my favorite projects in this space are a little little bit crazy. I mean, you went through your own, like, feels like a long time ago, but what was it? Like, a year and a half ago, 2 years ago, the hardware wallet chaos between all the but, you know,
[01:01:34] Unknown:
I think that was really the the problem is I think it's different. The hardware wallet market never really had competition for a long time, and then it had competition. And some players that had a certain sort of, like, a standing in the market sort of fell, dropped. That caused a lot of drama. You know you know me on Twitter. I have, you know, I I I don't wear gloves. And, yeah, but it was different. I think it was more market based, and it was sort of like this market sort of finding itself on how to relate to each other in this competition as well, and it was also whatever you need to say to yourself. Exactly. That's what I taught myself. And but but he but as you said, it feels like it was a lifetime ago because it was all mostly resolved.
Right? Some players still don't talk to each other, whatever, but like but the drama greatly went away. Right? Now on the coin joint space,
[01:02:34] Unknown:
it's, like, only worst, and they managed to somehow involve everybody else too. I don't know if it's too much. This point. I think it's I think it's cleared up a bit. I mean, no one defends his hobby now. So
[01:02:46] Unknown:
No. But but it leaches to everybody. I mean, you know, like well, anyways, I won't get into it. It's not the kind of podcast for that.
[01:02:56] Unknown:
I mean, I think there's a yeah. I don't know. There's fair enough. We can continue. I'm glad we it was it was a big release. It was I think it was important to bring up Wasabi 2 point o. No. I I think, yeah, I think it's a good point. But don't use it. Yeah. I, I, yeah, I I didn't bring it up. I I guess it it's probably safe to use with a hardware signing device. Not not for mixing. If mixing is getting chain analysis, it's not safe to use. Coin the don't use it for coin join, but then also on top of that, by the way, they removed coin control, like so maybe it's not even good. Just use Sparrow.
[01:03:34] Unknown:
So so, Matt, what you're really saying is that, like, we're gonna have to do drinking on the show like you do in the other show, and now I understand why. See. This is what if you do it every week, you there's no choice. No. Yeah. So let's talk about frequency here. This is best effort. I you know, maybe I'll do this, like, every couple weeks maybe. Like, 3 months. Maybe a month, you know, maybe it's next year, who knows, right? So now let's move on to another big part of the show, which is reading the Bitcoin OpTech newsletter.
We're just gonna glance over. For people that don't know, the Bitcoin Ophthak is an incredible, incredible,
[01:04:18] Unknown:
resource for what happened to that. To that. To that. To that. Dotcom. Sign up for the for the newsletters.
[01:04:25] Unknown:
Subscribe to their Twitter. It it it really is phenomenal, really high signal, to noise there. Mike Schmidt, I I know. He's one of the main contributors there. And, Yeah. Schmidt is great. Yes. So without further ado, the news, full replaced by fee. So there's been some some talks and there is a couple PRs to remove, RBF, which is replaced by fee from the default. You know, as a as a sane citizen of Bitcoin, I don't get involved in these discussions. I still believe, RBF should be, on by default because replace by fee is essentially the default behavior of bitcoin itself. You can double spend your own transaction if you want to, so might as well make it into an official standardized thing and that's why I like our b f.
So yeah, but there is a PR that's gotten some, some traction and you know what, it's probably gonna get merged. Hearts hearts bleed, that was a nice pun. Very good pun. So essentially there was a vulnerability, on the I believe it I haven't read through it, but, just from the pun and from the first paragraph here, I imagine is a similar to a power artificial analysis attack. They're trying to read the the computation happening on the chip, and then they can essentially, through a side channel, like, read the private key being generated or used. Even on this article here it says that, they don't know the extent of the vulnerability.
And Bitcoin Core also does a lot of things to prevent, attacks, side channel attacks on on its, private key computation. But anyone no one should have a private key on a computer anyways. You should have it on your hardware wallet. So this attack So your hardware wallet or computer?
[01:06:39] Unknown:
Well,
[01:06:41] Unknown:
no. So exactly. So if your if your code card is immune to this because it's not the computer, it's not being attacked by this.
[01:06:49] Unknown:
This is a computer.
[01:06:50] Unknown:
The last one really is, go to air what is it? I have a I have a meme website for this.
[01:06:57] Unknown:
Ear gap. Yes. You're the only person who has a bigger domain issue than I do. Oh, good. It's it's, How much do you spend every year on them, and are you downsizing in the bear market?
[01:07:09] Unknown:
The thing is that I'm starting to run out of ideas for domains. Anyways, airgapcomputer.com
[01:07:14] Unknown:
But have you cut have you cut the fat at all in the bear market? I've been cutting the fat a little bit. Some of them in a bull market, some of the ones I registered are No. Not for the guillotine. No. I yeah. No. I think it adds up. It's like it adds up. But, you know, but, Matt, like, see, the thing is I've sold a few domains for for, like I've never I'm a Huddler.
[01:07:34] Unknown:
For for for, like, for for for essentially what gave me free reign of domains forever, in in my company. I do not have to explain my domain behavior to anyone internally, because I have, paid ourselves over and over many, many times over. Was a really nice coup. Yeah. I mean, that was a that was a good sail too.
[01:07:58] Unknown:
So yeah. It was a nice little pump and dump.
[01:08:03] Unknown:
No. Well, I mean, I did offer the rest of the anyways, long story. So hearts bleed, it would not be an issue at all if you use a harder wallet, so stop listening to the Wookie and buy yourself a cold card. Yes, I'm biased on that one because I make it and it is better. So use that, and if you still don't believe me, go to air gap computer dot com. He explains to you why you shouldn't use an air gap computer.
[01:08:35] Unknown:
Yeah. Go, go verify MBK's claim by going to the site that MBK created.
[01:08:41] Unknown:
Exactly. What is it, trust and verify?
[01:08:47] Unknown:
Trust and verify. That's right. Don't trust and verify guys.
[01:08:52] Unknown:
I really hope people are not, like, taking samples of this conversation to, create and you know You're gonna take it all out of context. It's important. Yeah. Well, you know, it is I mean, I have over
[01:09:01] Unknown:
700 hours of of public Bitcoin conversation out there that is oftentimes drunk. So
[01:09:10] Unknown:
Yeah. Well, I mean, I I be the first time. Yeah. I I have a personal policy of not doing recording while I'm inebriated.
[01:09:18] Unknown:
Yeah. Well, you just don't do enough. That's why.
[01:09:21] Unknown:
You if I keep on doing this podcast where I read people's updates and I have to discuss the coin joint people, I'm gonna start having a serious drinking problem. Dude, people say to me, they're like, Matt, you seem, like, really tired
[01:09:34] Unknown:
and frustrated on rabbit hole recap today. It's like, everything okay? It's like, I've been doing this for 3 fucking years. Like, sometimes I'm being frustrated and tired. Like, what do you fucking expect? That's healthy.
[01:09:48] Unknown:
Alright. So they have, there there was there was some drama about the time stamping design on open time stamp. I didn't really follow it.
[01:09:58] Unknown:
I It's like a sneaky project that I love.
[01:10:01] Unknown:
Yeah. It's a it's a fun one. It was Peter Todd who created open timestamps. I recommend people go read the newsletter to get more on that. And also on the new Rito Anti Cyber method by Waxwing.
[01:10:15] Unknown:
You know you're in a bear market when, people on Twitter are accusing Peter Todd of of flooding Bitcoin.
[01:10:22] Unknown:
Well, I mean, you know, who brings up DAO emissions for Bitcoin and does not expect to be called a spook?
[01:10:29] Unknown:
Like, he was just asking for it. Right? No. I mean, like, you'll yeah. I mean, it's like the equivalent of a once you have a 40% dump, like, the price dumps 40%, you're gonna send out a tweet saying that we should increase the 21,000,000 cap. Like, what did you expect? And that's assuming that there is a concern. Right? There is no concern.
[01:10:48] Unknown:
Everything is great. Bitcoin is perfect. Move on. There is no data emissions. We're not gonna accept
[01:10:53] Unknown:
my node and never run data emissions, period. But still it's fucking Peter Todd. Like, he's not a
[01:10:59] Unknown:
Yeah. He's not cheap fuck. But he likes he likes some controversy too. He loves bringing in some controversial topics. Good on him. We we we need the controver the controversy. That's how we find problems. Alright, notable changes to services and client software. You know, Azus added Taproot. There you go, we missed that one on our, on our list. So Evan, we're very sorry. I well, actually, you know what? I didn't add Zeus to the list because I think their last update was a while back. So
[01:11:34] Unknown:
Yeah, but some of these, like, you have updates from January, like, I didn't know what to do. I know. I'm not perfect. I just started this. Well, anyway, Zeus is the single best, way to interact with, lightning node from your phone if you have a 247 lightning node at home. Yes. There's basically nothing else that competes with it And, and that I'm aware of. And Evan is doing really good work. Shout out to to Kaludis.
[01:11:59] Unknown:
Matt's favorite wasabi Wallet 2.0. Moving on,
[01:12:05] Unknown:
Sparrow adds tab We already covered that one in line. Designing,
[01:12:08] Unknown:
which is because of HWI got upgraded. Thanks, Ciao. And then release candidates for LNG. Carries HWI on his back. Right? It's just him. It's just him. Another one man there's a lot of one man legends. No. But, you know, but to be fair though, people do contribute, to HWI. Like, a lot of the hardware wallets themselves have their people help implement the changes to HWI for their new releases. So it is collaborative, but but h but, yes, Chow does carry that on his back. And he is the kind of person who does test everything and review everything, right, that's why it takes a little longer. Alright, so on the lightning front, of course every, the 3 of the 4 main releases of of, oh no, sorry. LND had a main release.
LDK had another main release. BDK has, experimental support for Taproot, descriptors, p s p t. BDK is a very cool project. It does help a lot of devs implement a wallet without knowing how to implement a wallet, so very bullish on the library.
[01:13:28] Unknown:
Yeah. I mean, BDK is super promising. It's just Yes. Not really there yet. Right? Yeah. Well, I mean, writing a wallet is a lot of work, and these guys are doing that with a lot of features at the same time, which is just exponentially harder. But basically, the idea of BDK is, like, it's the base. It could be the base for any new wallet. Right? And then, like, people can build on top of it and and make whatever changes they wanna make, but they don't have to, like, they don't have to build from scratch the core logic. Right? Yeah. But none of this stuff is plug and play. Right? You still have to there's a lot of of glue and a lot of stuff you need to write. Supposed to make it easier at least. It does. And then the idea is that that'll bring more competition among wallets and we'll have better wallets and everyone will win. Yeah. And it's fun, dude.
By Block, formerly Square. Yes. And so is LDK, right? LDK, which is the same idea but but but What about Lightning Core? That was an unfortunate choice of name. Core Lightning.
[01:14:25] Unknown:
Unfortunate. I I preferred the one with sea lightning,
[01:14:29] Unknown:
because it's written in c. But no. I guess part of the reason is because they're they've been doing more that's not written in c. Oh, I see. The real reason is because they're pissed off at lnd for branding itself as Lightning.
[01:14:43] Unknown:
So they shot back at them. Yeah. I mean, it's kinda like remember blockchain dot info, which was blockchain and, you know, everybody went to blockchain. Yeah. Don't use that site either if you're listening. Exactly. I don't think people who listen to a podcast about Bitcoin software updates, would have to be warned about Blockchain.info.
[01:15:00] Unknown:
They get, like, they get an hour and 15 minutes into this fucking rip, and they're like, oh, wow. They mentioned blockchain.info. I'm gonna go check out that wallet. Right. Exactly.
[01:15:09] Unknown:
They survived this long.
[01:15:11] Unknown:
They gotta cover it. You gotta cover it just in case. Notable code and documentation changes,
[01:15:18] Unknown:
this week, well, in their week, not my week. Bitcoin Core, Core Lightning, essentially all the projects. And then, oh, h w I yeah. H w I, edit the single sig support for back 32 m addresses, which helps it tap root. Okay. Alright. Now I have a few more things here on the list. So next would be, which I did it in the wrong order. There's Blix Wallet. We didn't cover Blix Wallet.
[01:15:58] Unknown:
Blix what? Pretty dope. Blixt
[01:16:01] Unknown:
lightning wallet. Don't know that one.
[01:16:04] Unknown:
You go for it. Android and iPhone. Okay. So it's really cool. Wallet. Okay. I'll I'll check that. Well, how do you spell it? Be the what? B l I x t. B l I x t. Okay. I wouldn't be surprised if they add NFC. It looks like they have it on their road map, but it's not on it yet. Yeah. B l I x t
[01:16:28] Unknown:
Wallet. Okay. I'll check that one out.
[01:16:32] Unknown:
It's a pretty powerful wallet. Mercury Wallet. There's been some good updates to Mercury Wallet. The last Splixd Wallet update was on March 4th, v 0.5.1. Alright. And then Mercury Wallet has been I've seen a lot of options
[01:16:54] Unknown:
in the Wallet. Who's who's got That's the
[01:16:56] Unknown:
that's the state chain swaps wallet. It does coin swaps on a state chain. It's a privacy focused wallet that uses Okay. Uses a a state chain implementation that's, like, not as good as, I guess what was it Thompson who came up with the original state chains proposal? Nah, I can't remember. Whoever came up with the original one, it required some kind of protocol change, so they figured out a way to do, like, a slightly less good version without any kind of protocol change. And you basically switch into their state chain, which has reduced custodial risk. But if they're the other counterparty, like, if they're malicious, then they could take your money, but if they're not, it requires them plus one of the participants to collude together to take your money. That's pretty good. But as a result a decent set of trade off? Yeah. As a result, it's off chain, and then you can do all these swaps, to gain privacy without paying transaction fees, and then you withdraw back to the chain.
Nice. Cool project. Yeah. And they've been making a lot of lot of progress lately.
[01:18:09] Unknown:
Do do you like privacy, Matt? No. Not really. You don't so you don't have anything to hide?
[01:18:15] Unknown:
No. I appreciate fuck you. Okay. Privacy is one of the most important topics in in Bitcoin today, and hopefully It's a great segue. Good to see so many tools coming out that are focused on it.
[01:18:31] Unknown:
Okay. So that's a great segue to, Taproot adoption on the Bitcoin Wiki. It's not really a segue. Okay. So, apparently, armory is planning, is planning Taproot.
[01:18:50] Unknown:
The armory? I know. I'm just amazed. I just I haven't heard that wall in years. I know.
[01:18:57] Unknown:
Anyways, so I don't think anyone should use armory anymore. Aqua, which is green, let's see here. Who who implemented send to to Taproot? Is that B coin, Bitcoin Core, Bitcoin Knots, Blockstream Green, Bitcoin wallet for Android, Blue Wallet, Breeze didn't and it won't, says no. Btc.com question mark. Caravan plan. Caravan is from Unchained Capital. Casa plan, Sea Lightning, yes. Coinomi Core lightning, you mean? No. Coin nami.
[01:19:44] Unknown:
No. Before that, you said sea lightning. It's core lightning.
[01:19:48] Unknown:
Right now, but it's it's written as sea lightning here.
[01:19:51] Unknown:
Okay. But sea lightning doesn't approve. I refuse. I
[01:19:54] Unknown:
will call it sea lightning to the day I die. Okay. Electrum, yes. Exodus, yes. Fully noted, yes. Guarda wallet, question mark. Joy Market, yes. LND, Cumming. Mun, yes. It's Moon. I always say Mun. I don't know why. Moon with 2 u's. Yes. Mycelium question mark. Nunchuck, yes. Phoenix question mark. Samurai, yes. Sparrow, yes. Specter, yes. Trust wallet, yes. Uniblo, never heard of that, yes. Wallets of satoshi, yes. Wasabi wallet, yes. Hardware wallet support is a little trickier, but it's essentially just signing to the address. So, Trezor, yes. Ledger, yes. Keep key, don't use it, and it doesn't.
Bitbox, yes. Trezor with Electrom, yes. Bitbox, yes. Keep key, question mark. Arcos, question mark. Code card, yes. Wallet, question mark. Seed signer plan, tangent question mark, block stream, yes, and keystone plan for q122 so I guess it didn't happen. Web wallets, coinapult,
[01:21:24] Unknown:
question mark, coin dot space slash Are you just reading, taproot support? Yes. Okay. Continue.
[01:21:30] Unknown:
BitGo, yes. Bitnob, yes. Blockchain dotcom, planned. That's weird. They just did, hierarchical deterministic like the other day. They never did business. They did that segue like a couple months ago. Something like that too. Fireblocks planned. Fireblocks is a big deal, because they are the back end of a lot of the exchanges. So if you want to send from an exchange to a top root address, you they would probably need to support that.
[01:21:58] Unknown:
Yeah. Fireblock is actually like a massive centralization risk that very few people ever talk about. Yeah. Yeah. But it's certified, Matt.
[01:22:06] Unknown:
It's certified. It's certified. Hold the transactions, yes. Coinb. In, question mark or the question mark. Do I go through the exchanges? Nah, Bitcoin ATM, nah. Blockchain Explorers.
[01:22:25] Unknown:
Do you use Taproot yet?
[01:22:28] Unknown:
What me? No. I won't use Taproot for a long time.
[01:22:32] Unknown:
Okay. Don't use anything that's mute. Our store Why am I reading this? Coinkite.com
[01:22:37] Unknown:
still uses one addresses, legacy addresses.
[01:22:40] Unknown:
I feel like this is a good time to remind people that, like, that's on the receiver. Like, there's no I guess, except for privacy reasons, there's no reason to to to, be upset if a merchant or a person is using an old address because the fee savings are dependent on this the fee savings are dependent on the sender, not the receiver. So That's right.
[01:23:03] Unknown:
Well, for a while, we were getting a little bit of hate because people didn't understand that, so we had to I know. That's why I'm repeating it. I'm
[01:23:10] Unknown:
well aware.
[01:23:13] Unknown:
Right, alright. Going to the next topic, Bitcoin signing devices. So we started this little initiative, that many people have sort of like pushed here and there, but I figured it needed a domain, right? You need to buy domains otherwise things don't exist. So sign in device.com
[01:23:35] Unknown:
And the biggest problem is harder wallets or not Did you have to buy that on, like you bought that from a previous owner, right? No. No. It was available. It was just available for like the usual like dotcom price? Yeah. You just bought it? Yeah. Well, really my price cost. Like I get it for cheaper. That's crazy signing device.com was available.
[01:23:56] Unknown:
Yeah. Kudos. Yeah. So so we made a little website. Hardware wallets are not wallets, they're signing devices. Wallets have UTXO information, block data information, they can construct transactions. Hardware wallets don't know anything, they just sign transactions. While some do better than others, but essentially they cannot construct a transaction because they don't have blockchain data. So that's why the p s b t comes from the software wallet to your bitcoin signing device. So the more people we can get on the train of calling bitcoin harder wallets bitcoin signing devices, the better its gonna be for the round on the next bitcoin hype cycle.
Because right now it's just us left here, right, that bitcoin crashed. So there's probably nobody that cares about this around for now. Sorry, nobody that doesn't care about this is around for now, but, yeah, on the next cycle let's try to get people saying sign in devices and move on from this. We have gone through the trouble of going on the cold card website and adding sign in devices everywhere on the text to start properly confusing people with the new term. Next here, one more domain, bitcoinbinary.org. I wanted to give a little update on this one. It's a child project of mine.
So I went to like a website where notable members of the community that can code and can build projects from source code would post a video of them doing the deterministic build. Right? Proving on video that they did it. So that people that can't have one more source of truth. Is it better than them themselves building? Of course not, but it's one more source truth. And we had a bounty for somebody to automate builds, and, and sort of like we can get around of builds, to at least task if they build, automatically, and, I forgot the name of the of the person, the NIM who did it, but, he claimed the bounty, and now when there's new versions we can get the website to build it with a little video showing that it was built, on top of community members to do it. And it's such a simple little thing that that exponentially improves their security, that, I don't know, it just felt like it needed to exist.
[01:26:39] Unknown:
Love it. Great initiative.
[01:26:41] Unknown:
Yeah. If only they would mention that the other podcast that does the releases?
[01:26:49] Unknown:
I've definitely mentioned it in the past on Radical Recap.
[01:26:54] Unknown:
Alright. So, the only mention about price which is not gonna be mentioned about price is an update on BitcoinTreasuries dotnet. Essentially, the miners all dumped half their coins. The the big publicly traded miners, so, so that was reflected on bitcointreasuries.net. And mister Saylor has not added more publicly to his huddle. So, so we have a lot of entries but they've been pretty much not updated. And I think probably Celsius went to 0, so there you go.
[01:27:36] Unknown:
Lastly, which I should have got at Probably safe to put Celsius at 0 now.
[01:27:41] Unknown:
No. It's actually minus. But yeah. Okay. Lastly, which I was going to do earlier, but I'll do it now some of the Quaintite updates. We have one more product on the on the cards line that we haven't talked much about it because we just sort of invented, and then we sort of went through the trouble of getting it out. It's called the Sats chip, and it's essentially a a real NFT, the way it was supposed to be. It's a way for you to add a chip to a piece of art signed with Bitcoin Signature, and uses sort of like the OpenDive model so you can't really take the privacy of it. Is it a Poincare product? Yeah. It's essentially based on the Sats card and the TapCigner.
[01:28:34] Unknown:
And also, I mean, I've just
[01:28:35] Unknown:
seen a lot of artists basically embed OpenTime, so I guess there's a purpose for that. Yeah. Good point. I forgot that. And that's pretty much the reason why we did it is because we didn't want artists to be sort of sticking the Open Dime in the art in ways that may harm the the art or the Open Dime. So we wanted to find a a more a better way of doing that. And we leveraged all the firmware that we wrote for TapSigner in a way that works for the artists so that, essentially, they can they can sign a picture of the art and all the metadata and it's a Bitcoin signature, it's really cool.
And there's even a little, we released a little command line tool today so that they can do that, and then there's a little gallery on, satschip.com/gallery where they can push it. I hope to get a few of these on Crypto Graffiti's hands soon and and get, get that ball rolling.
[01:29:38] Unknown:
I would just say that the NFT craze was horrible to see, but the, like, the actual physical Bitcoin art is really, really cool.
[01:29:51] Unknown:
It is really cool. I I mean, you know, this is the difference, right, between buying a JPEG that anyone can copy, right, and buying a physical piece of art with a certificate
[01:30:04] Unknown:
that nobody can forge. Exactly. Like, I still don't think I'm at the point in my life where I would buy, like, I I don't think the physical art is gonna outperform Bitcoin. Of course not. To look at. We don't buy it. It's a cool concept.
[01:30:16] Unknown:
Bitcoins Bitcoiners don't buy art as a store of value. You buy it because you like the art.
[01:30:22] Unknown:
You know? You buy Bitcoin as a art guy. Kinda think that I do think that, like, the rise of Bitcoin could be very good for independent artists. Well, I think it's great. Just launched Bitcoin Park, in Nashville, and we have all the walls are, are Bitcoin artists, and they're available for purchase. Like, we'd we're basically acting as, like, an art gallery. We don't actually own them. You know, Crypto Graffiti was very generous in, in, working with us on the first Satskar
[01:30:50] Unknown:
art, without any sort of, like, sort of, working out how we were gonna make it happen. And, we're very, very grateful to him for that. And He's just a great dude in general. Yep. We we think that, you know, if we can make Bitcoin products full of, like, cool independent art, then we we are better for that. Alright. What else is on my list here? The the fully noted NFC beta I mentioned. Oh, this is coming to cold card. People have asked. We think it's awesome. It's a BIP85 based passwords. So we do the BIP85 seeds now, right, so you can use it to populate your your phone app with, with a seed that's terminalistically built so you only have one backup.
But you're gonna be able to also generate passwords, for things, and we're gonna emulate a keyboard for input. So, if you have your non deep cold storage cold card, your just play cold card, your second one, you can plug it in and press a button and it will inject the pip85 password into an input box on the computer. That's pretty awesome for things like, SSH protected keys, or, like, you know, big interesting things, like things that you don't care. Sorry. Things that you care about the security, not like things that the the service on the other side already has a copy anyways. Right? So, yeah, so pretty excited about that one.
What else? The block clock micro reservation started. This is a little a bleep version of the block clock mini, and it's gonna be a $150 and same functionality, but just tiny little screen. It's very, very cute.
[01:32:55] Unknown:
When does that come out?
[01:32:57] Unknown:
I don't have dates yet. I will commit to dates once we finalize the front board because we we have it. Right? Like, it works. It's all good, and the firmware is pretty much done. The thing is we're still playing with the front plate design, and, you know, the world that it is just takes a little longer to do the rounds of of iteration with the the PCB makers. So I just don't wanna promise dates and not keep them. So as soon as I have a better sense of the date, then we'll we'll say it. They they we got a lot of reservations. People really like that idea, so pretty excited about it.
[01:33:39] Unknown:
Yeah. It's definitely people have just wanted a cheaper block clock for a while. I mean, just because the block clock's fucking awesome. Yeah. I mean, it's a big way of thinking about it. Realize, like, the block clock mini, which is, like, the famous one now because, like, Dorsey and, like, the ex Thai prime minister and shit have it in their background. I should probably congratulations on that. That was pretty cool. The Thai the Thai dick that's he wasn't I don't think he was a dictator. I don't know. But the Thai president who got, thrown out, was on an interview, and he had the Block Lock Mini behind. But that was born out of the original Block Lock was ridiculously expensive. Right? What was it? Like, 6 k or something? It was essentially a Bitcoin. It was 5 grand when Bitcoin was 5 grand. Yeah. Well, you know, but that one had it was it costed a lot to make. So we So is this part of the show just a big CoinKite ad just to end it? Is that what's going on right now? Well, don't worry. We're gonna get to you. Are you gonna send me a payment? To your shills.
I I just I
[01:34:41] Unknown:
I I make sure to embed the shills throughout the show. Yeah. I noticed that. See, I am a little bit more honest. I have a point guide update section.
[01:34:50] Unknown:
There you go.
[01:34:52] Unknown:
So BTC sessions okay. Now this is notable. The man spent 2 hours it's a essentially feature length tutorial of cold card. I mean it's seriously awesome, that that tutorial was pretty cool. I feel like he deserves a shout out for that. And we do have the coin kite stable coin now, which is the gift cards. I think this is it on my list. Matt, do you have anything to shield?
[01:35:24] Unknown:
Nope. It's been a pleasure. This is a fun rep.
[01:35:28] Unknown:
No. Come on. Give some details. I'll go to Bitcoin Park.
[01:35:32] Unknown:
Oh, I mean, I can't wait for you to come down and check out Bitcoin Park. It's gonna be fucking dope. Yes. I mean, it is it's already dope, but it's getting doper every day. We're on, like, day 14 of it. In proper Bitcoin fashion, we launched in the depths of a bear cycle. Classic. But there's a lot vibes are high. There's a lot of, excitement and momentum around it, and, basically, it's, it's in Nashville. It's like a mix of, like, a social club, coworking space, event space. We're gonna have workshops there, like, dev boot camps. It's right next to the 2 colleges in Nashville, so we're gonna be teaching young kids to build on Bitcoin. Guys have Rod. Right? I mean, he's Yeah. We have Rod there. He's he only talks about 2 things, Bitcoin and Nashville.
I know. We have the Art Gallery. To know which he's more obsessed about. It's basic it's these 2 buildings with, like, a courtyard in between them, and, they're both 2 story buildings, and they're just really just really nice facility, and and it's purely focused on so this community initiative that's focused on jump starting grassroots Bitcoin adoption. The country is not the country. And, like, the whole model is, like, basically, it's community supported. So it's like it's like a membership model we're doing Nice. Where people pay yearly membership, and then they get access to the facility, and they help support everything.
So we have in state members, we have out of state members at a reduced rate, and then we have corporate members. It's cool shit. It's been a lot of my time has been spent lately. The this this whole idea of, I mean, we both saw what happened in, like, the 2013 or 2015 era where, you know, all the hype was around merchant adoption and shit. And it was just way too early, and a lot of it was bullshit because it was It was even a payment terminal. Yeah. It was just like I mean, it was just it was merchants were just auto converting to fiat on the back end. But I really do feel like there's a lot of momentum now for, at least the beginnings of of Bitcoin Circular Economies.
It's a it is a completely different vibe now just generally speaking. I think it's it's a very powerful thing to be focused on right now because a lot of the pain points we see get mitigated to a degree if if we have Like, I think time is of the essence to a degree. It makes Bitcoin more robust as a system. Awesome, Matt. I am looking forward to going and visit that. You're always welcome anytime. I'll pick you up from the airport.
[01:38:24] Unknown:
Alright. I I will, I will, take you up on that. All right, well, thank you so much for being my first guest, and maybe there is a second episode, but this was a blast, And if you lasted this long listening,
[01:38:40] Unknown:
takes a listen. This is just the only episode ever. Yeah. I mean, you know, this could be that special. It could be It was a pleasure. I enjoyed kicking it with you, and, I'm I'm I'm I'm I'm humbled and honored that we have so many,
[01:38:56] Unknown:
developers working tirelessly around the Bitcoin ecosystem for I mean, just for people to have a little bit of perspective, we we covered maybe, like, 5, 10% of the projects.
[01:39:07] Unknown:
Yeah. There were a lot of projects that we missed. A lot of stuff. A lot of very good projects that we missed, but there was no there was very there was no
[01:39:15] Unknown:
If there is projects out there that you wanna hear and I do happen to make a second episode, do submit.
[01:39:21] Unknown:
There's, like, literally no prep work on this. No.
[01:39:24] Unknown:
I I tweeted this morning saying would people be interested if I did a little podcast, you know, going over the the Bitcoin software releases? Yes or no? You know, got a few replies, people so I'm like, okay, great. I'm gonna go record this. I'm gonna do it today or I'll never do it.
[01:39:47] Unknown:
And, and that was it. Thank you so much. And then he texted me and was like, Matt, you wanna record? Boom. Done.
[01:39:54] Unknown:
Alright, guys. I hope, everyone have a nice, a nice day.
Introduction and podcast name
Reason for starting the podcast
Guests and format of the podcast
Discussion about giving a demo and someone wanting the product
Bug fixes and improvements in software
Discussion about monetizing open-source projects
Bitcoin crash and lack of interest
Update on bitcoinbinary.org
Automated builds and improved security
Update on BitcoinTreasuries.net
Introduction of Sats chip
Physical Bitcoin art and NFTs
Bitcoin Park in Nashville
Fully Noted NFC beta on cold card
Block Clock Micro reservation
BTC Sessions tutorial and Coin Kite stable coin
