AOB
NEWS
- Samourai devs take plea deal
- Roman storm found guilt of unlicensed money transmission
- Ark Labs runs mainnet test in Riga
- Block launches modular Bitcoin miner
- Google gives the industry a scare
UPDATES/RELEASES
- Envoy v2.0.2
- Passport v2.3.9
- Phoenix v2.6.4
- Zeus v0.11.3
- Cake v5.2.0
- Robosats v0.8.1 alpha
- Bluewallet v7.2.0
IMPORTANT LINKS
VALUE FOR VALUE
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Bitcoin is close to becoming worthless. Bitcoin. Now what's the Bitcoin?
[00:00:19] Unknown:
Bitcoin's like rat poison.
[00:00:20] Unknown:
Yeah.
[00:00:22] Unknown:
Oh. The greatest scam in history.
[00:00:25] Unknown:
Let's get it.
[00:00:27] Unknown:
Bitcoin will go to fucking zero.
[00:00:42] Unknown:
Welcome back to The Bitcoin Brief, the show where me and q and a catch up every two weeks to talk about Bitcoin, privacy, open source, keeping your Bitcoin secure, and the news and software updates that matter. I just wanted say a massive thank you to everyone who's been supporting Ungovernable Misfits and a big thank you to Foundation Devices for supporting the show. If you haven't already checked them out, go to foundation.x,xyz. They make cypherpunk tools for fuckwits, and anyone can use this, even me. If you have any questions or you want to reach out, feel free, and I'll be happy to go through things with you. For anything super technical, I'll pass you on to queue. If you wanna buy one of these incredible passports, use the code ungovernable. It will get you a discount, and it will let them know that I'm shilling.
I'd also like to say a huge thank you to the k Wallet team. Not only are they supporting this show, but they're also bringing out some incredible features. For those of you who actually use Bitcoin and actually care about their privacy and security, Cake Wallet make it incredibly simple for you to live outside of the traditional financial system. You can use Cake Pay within the app to buy gift cards for food, petrol, and whatever else you might need day to day. You can use silent payments, and, of course, you can use Monero. You can connect both Bitcoin and Monero nodes, use coin control, and this team are constantly innovating.
And I'm really excited to be working with them. If you have any questions, you can reach out to me, but check them out at cakewallet.com. Download the APK or start using this today on Mac, Windows, Linux, iPhone, or, of course, your Android device. Enjoy the show.
[00:02:44] Unknown:
Good morning. The Internet stable is beautiful, I have to say.
[00:02:51] Unknown:
Good morning, mate. How are you?
[00:02:53] Unknown:
Very, very good. It's been so nice speaking to you for the last five minutes and just hearing what you're saying, and you've been hearing what I've saying, and we don't talk over each other. And it's been a dream.
[00:03:05] Unknown:
That was a bit of a disaster last Friday, wasn't it? For for those, who didn't hear last Friday's Freedom Tech Friday, the livestream was let's just say it was a testing one. It was. I was hosting the stream in a area of very, very low or poor signal, hotspotting through my wife's iPhone. Yeah. It was it was causing us some issues, wasn't it? So I think, did you take over in the end? I've kinda, like, wiped it from my memory, and I'm mentally scarred from it.
[00:03:32] Unknown:
PTSD. I took over halfway through, then people couldn't hear me, then they could. Then we had a backing track playing, like, over the top of each other. We we've promised that we wouldn't do any editing on any of the live shows. Jordan was like, you cannot do it. You cannot do it because you'll never get in the all the rest of the stuff done if you're doing a weekly show on top. You have to just put them out. I have to admit, I did sit for, like, I don't know, probably four hours or five hours and edit that one up because I just couldn't bear it. I was like, the audience deserve better than this. This has gotta have something done. So just that, like, long pauses and technical, like, me scratching around trying to fucking work OBS, that kind of stuff. I just cut some of that out so they don't have to endure. So if you're listening not live, it's it's not quite as bad. Still a good show.
[00:04:24] Unknown:
And to the handful of hardcore listeners that sort throughout that sixty minutes, like, I take my hat off to you. I commend you, and you deserve a badge of honor in the the ungovernable You do. Misfits history archives.
[00:04:36] Unknown:
Mhmm. I was talking to John about this recently about, like, having patches or something. You know, like, when you have, like, bike gangs wherever you have, you're, like, 1% of patches and different patches that you can have. Mhmm. Maybe they can be something like that. Like, they're the people that you want shoulder to shoulder on the battlefield on the front line. If they can endure that, you know that they're gonna be someone you wanna fight with. Absolutely. Yeah. Definitely. They deserve some sort of badge or patch or I don't know. At least a cuddle. Yeah. A cuddle would be good. Yeah. I feel I feel like we both needed a cuddle after that stream on Friday.
[00:05:09] Unknown:
I just went immediately to the fridge and opened a corona. Oh, I like it. Very nice. Yeah. It was a good weekend, actually. It was, went down to the beach and, got very sunburnt. Feeling the effects of it today. Nice. Nice. It's that pale,
[00:05:23] Unknown:
Welsh y, whatever you are, skin, mongrel y. Yes.
[00:05:28] Unknown:
Yes.
[00:05:29] Unknown:
Irish? Scottish? What are you? You're like a Robot? Very pale. Yeah. Like a like, I wouldn't say translucent,
[00:05:38] Unknown:
but pale. Definitely pale. Yeah. Well, less pale. More more pink at the moment. Nice. Anyway, we're back on the brief after a a one show hiatus. So it's actually been four weeks. Even though it feels like I speak to you every single day of my goddamn life, it's actually been four weeks since we recorded the Bitcoin brief. Wow. So apologies for avid fans of the Bitcoin brief where you had to go cold turkey for two weeks whilst we didn't have a release. Let's be honest. Like, if you're listening to the brief, the likelihood is you're listening to all the shows on Ungovernable, which, again, we commend you for. So you're not going short at the moment. There's plenty of good stuff on the feed. Very nice. Normal service is now resumed. We're back. I'm at HQ. I have stable Internet. I'm ready to get cracking and knuckle down again. Very nice. What have we got on today? A lot going on, but I feel like we sort of covered much of it on Friday. Any news we've missed? Yeah. Plenty of news. Before we get into some of the news items, just wanted to give a quick field report from Riga. Oh, yeah. Of course. How about that? Listeners of Freedom Tech Friday will have heard me doing the stream two weeks ago with you from there, which ironically went without a hitch. But, this is the first brief afterwards. So, yeah, I just wanted to give a quick field report and say that as always, at, Baltic Honey Badger in Riga in Latvia, had a wonderful time. One of the the highest well, it's not one of. It is the highest signal conference I've ever been to. Have a thoroughly good time. It always attracts a really good crowd of people. A little bit quieter this year than than previous years, if I'm being honest. Mhmm. We had a booth. The foundation team had a booth. And to be honest, the 44 was pretty quiet at all of the booths because we were all in one row. So that was a bit not disappointing, but unexpected.
Yeah. There was it's always good to to get together with like minded people from the team and, you know, from the customer base just to share a couple of beers and and meet up in a nice city and, you know, and, talk about our common passions, really. I gave a talk on the Saturday morning on, what else, Bitcoin privacy. More than happy to to share the slides for that for anybody listening. If you're, you know, if you've got a meetup or anything like that or you, you know, you just want some inspiration, you know, just drop me a DM on any of the usual channels. I can share the slides over. Went through the usual, you know, what Chainalysis do, the tools and techniques that they deploy, and, you know, most importantly, the kind of tools available to fight back and preserve your privacy whilst interacting with Bitcoin. So that was fun. Very, very nerve wracking. The the cypherpunk stage where I did the presentation was packed.
So I had that little moment where I stand up on stage and see all the faces looking back at you, and, my little bottom lip almost gave a little wobble. But once I got into my stride, it was okay. Very nice. Yeah. It's it's always spoken so highly of that conference. It's the one where, like, I've never heard a bad thing from anyone. It's always been, yeah, that's the best one. When you say, it was a bit less footfall, like, what are we talking percentage wise? Half as many people, 25% less? Slightly less than 50% reduction in headcount, I'd say. Okay. But it was a very noticeable amount. Obviously, I mentioned that the the cypherpunk stage, which was one of the smaller stages upstairs, was packed, which was good to see. And, you know, because the name gives you the clue of the cypherpunk stage, most of the the talks on there were kind of more Yeah. Yeah. Geared towards what we talk about and the kind of ethos that we share on the the ungovernable team. So it it was kind of positive to see that sort of stage packed. And every time I put my head into the main room, where they had more of the kind of, I guess, normie friendly chats where they're talking about, you know, the usual crap about SBRs and all that sort of stuff. Didn't really seem that full. So maybe that's a a product of the type of people that usually go to Baltic Honey Badger. Or even, like, at lunchtime and stuff where people usually just gather up outside of all of the booths and chat and have a beer and stuff, Just didn't seem anywhere near as busy, which obviously is not a great metric, but, I still had a great time nonetheless. I also was a part of a panel on the Sunday, which, funny enough, I had no idea I was a part of until I checked the agenda.
I was like, oh, cool. I'm I'm on a panel, which was good fun. That was about kind of protecting your freedoms. Mhmm. And I was on there with Cali from Cashew and BitChat, Max Hillebrand of X Wasabi, and now White Noise, the the Nosta based kind of signal competitor for, you know, end to end encrypted DMs and, group chats, and the actual developer behind that project, Jeff Gee, I believe he goes by. So, felt a little bit out of my depth if I'm being honest compared to those three guys who've all produced some very technical tools and and still continue to do so. And there's me that, you know, the the support guy at Foundation who can just about poke his right way around the terminal if if he, if he really tries.
[00:10:27] Unknown:
Don't sell yourself short, mate. Don't sell yourself short. Sometimes having, like, a breadth of knowledge is more useful than a narrow field that you're particularly good at, I think, anyway. Jack of all trades
[00:10:39] Unknown:
is a master of none, but oftentimes better than a master of one. Can I just say, I think I came up with that? Yeah. Absolutely. That was a form one to be a part of, actually. And, again, the room was absolutely packed for that. I think they had to stop letting people in, essentially, towards the end because it was it wasn't even standing room only. There was no standing room left. Yeah. That was good. Oh, also, here's a funny story for you. I flew, well, there and back via Amsterdam because there was no direct flights from from Manchester to, to Riga. Of course, there wasn't. You had to stop there on the way there and back. Yeah. So on the way there, no problem. I had a two hour layover, loads of time. And I don't know whether you ever been to Schiphol Airport in Amsterdam, but a huge. But two hour layover, no problem. Got there swimmingly, no problem whatsoever. Landed a little bit late because it was touch and go for or streaming Freedom Set Friday, but once again, we got it out the door. But then on the way home, the only flight option that was reasonable was, again, back through Amsterdam with a $55.00 minute layover.
So I had anxiety about it the whole weekend. I'm thinking, I'm just gonna get stuck in Schiphol Airport. Like, if if this first flight from Riga to Amsterdam doesn't go smoothly, like, it's it's game over. Like, I'm just gonna be sat in the airport waiting for a transfer. So we take off from Riga on time. I'm thinking, okay. There's a chance here. There's a chance. Envisaging myself legging it through the airport. We land in Amsterdam on time, absolutely nowhere near the terminal. Like, we're we're parked, like, in a fucking field somewhere on the outskirts of Amsterdam where they park the planes. Sit there, and then nobody moves. They kept the seat belt sign on, and I'm getting anxious looking at my watch thinking, fucking, my next flight starts boarding in, like, ten minutes, and I'm still sat on this one. Pilot comes on and said, yeah. Sorry, guys. We're just waiting for a bus. Oh, fuck's sake. So fifteen minutes goes by. The bus turns up. Oh, and by the way, I'm sat at the back of the plane, and they're only letting people off the front. So I'm, like, one of the last people off the plane as well. So get onto the bus. Bus takes it to the terminal, and I'm there, like, psyching myself up at the bus, like, getting ready to do my Usain Bolt across, Schiphol Airport.
Luckily, because I was one of the last on the bus, I was stood, like, it was, like, wedged, like, with my face against the window or against the door. I was first to get off, which turned out to be a blessing in disguise. So the door's open, and then, you know, I've got me me rucksack pegged up my back as tight as it'll go so I don't keel over. Yeah. Got a suitcase in one hand and my my other arm helping me kinda sprint through. So pulled my Usain Bolt, got through got to the front of the passport queue in in Schiphol Airport, which, again, if you've ever flown through there, you'll know exactly how bad they can be Mhmm. Knowing full well that if I just show them my boarding card and that my flight's already boarding, they'll let me skip to the front of the queue, which they did. Got through there in record time. It literally took me, like, sixty seconds to get through passport control. Amazing. And then, of course, my gate is at the end of one of the arms of the terminal. You know, like, they all, like, stick out like arms of a spider sort of thing. And my gate my gate was, like, D 3980 or something stupid like that. So So I had to leg it the full length of, like, D Wing or the d terminal to get to it. And I shit you not, I'm not being hyperbolic here. The second that I get to the gate, the person that worked for, the airline comes onto the onto the loudspeaker and says, sorry, guys. There's something wrong with the plane.
We've got an undetermined delay, so please take a seat. Brilliant. I'm there dripping with sweat thinking I've just gone through all this anxiety and sprinted from one end of the airport to the other to then get there and be like, yeah. We've got a delay. Just take a seat and chill out. I'm there panting.
[00:14:18] Unknown:
We're more connected than you know, mate, because I have done a very, very similar thing in that same airport. Few years ago, I went with a friend of mine and got absolutely fucking high as a kind. Was in the same rush and the same panic. Like, so high that I could barely fucking function, but sprinting and getting my way through that airport. We get to the gate, and we're like, have we made it? And we ask someone, and they're like, no. It doesn't leave for another four hours. Oh my god. We'd looked at the fucking times wrong somehow, obviously. And so we were there, like, we sprinted there, and they're like, yeah. You've got your times wrong. So, yeah, but then we waited for, like, four hours in the airport. And then when we got to the other side, we'd lost all our paperwork and couldn't remember where the car was. So we searched around walking around at, like, fucking whatever it was, 02:00 in the morning, trying to find a car in a dark car park for, like, an hour and a half. Ouch.
Yeah. Very good. And the last time I was in Amsterdam, I got heavily searched, like, really, really heavily searched and questioned. Oh, they actually questioned me about passport. They asked me what it was, what it does. Oh, interesting. They asked me they went through everything in my bag. What's this? What does it do? What's this? Like, question, question, question, question. And then, passport, what's this? And I was like, it's a, password manager. And they're like, okay. Well, technically true. Yeah. Exactly. That's what I thought. It's a lie that doesn't reveal too much. Well, there we are, mate. I'm glad you made it. I did. And I'm glad that happened as well because I I'm pretty sure we said that might happen. I think we sort of said it's gonna be tight. Yeah. As soon as I saw the the, like, less than an hour layover, I thought this this this is definitely gonna be talked about on the on the podcast at some point.
[00:16:16] Unknown:
And just to round out the story, like, the delay they mentioned was only thirty minutes, so I didn't actually land Oh. Or get home that much later than was originally planned anyway, so it was nice. Very good. Okay. Couple of housekeeping news items, passport core, well underway with shipping, and I think we're probably about five business days away from clearing the backlog entirely. So what that means is that give or take a couple of days, by the time that this show goes out, we should be very close to basically just shipping next day because we'll have inventory on the shelf in the factory in The US and our AU distributor in The Netherlands just ready to ship out straight away. So if you're one of those people that has seen the headaches and the delays that we've had and you've just been waiting till you know you can get it very quickly, We are pretty much there, give or take a a couple of business days. So thank you to everybody's patience, whilst we, worked hard and banged our head against the supply chain god's door. But, yeah, we were almost there. Five or so business days, and we'll be shipping next day for Passport Core. Can I ask about Prime? You can. That was gonna be the next one. So Passport Prime, whilst I was on holiday, which, again, was after the last time we recorded the brief, Zach has done a pretty in-depth video, basically, to give, like, a full update on how we got to this stage with Prime.
He runs you through, it's quite a good, like, insight, really, as to, like, the goings on of the company and the some of the headaches that we faced when producing this brand new device that we built from the ground up, pretty in-depth. Like, I think it's, like, fifteen minute video where, you know, he gives you behind the scenes look, some of the headaches that we've had, some of the mitigations and some of the fixes that we've had to do, and then some most up to date kind of explainer on what's next. Basically, just trying to be as transparent as possible because we understand that there can only be so many times where a customer can be told, okay. Yeah. We're close. Oh, actually, now we're two weeks away, but, oh, in two weeks' time, it's like, oh, it's actually gonna be another four weeks, which, again, we appreciate that that's incredibly frustrating. The reason that we do that is that we give you the most accurate shipping information estimate of production completion that we have at that time.
But there's just so many moving parts that things change so quickly, and that's been the cause of these multiple short but extended delays that have got us to mid August without having started shipping yet. So the video will be linked in the show notes. If you've got fifteen minutes, it's it's well worth giving it a watch, especially if you're waiting for Prime. It's a it's a really good update and was really well received, actually. And I think Zach's planning to do more of this sort of stuff if we ever find ourselves in a similar situation because it it seems that people really, really thrive on a behind the scenes look. It's all well and good of sharing information via a fortnightly or a monthly update, but the the video kind of really brings it to life and enables us to kind of paint the picture much better. But it's more personal as well. Yeah. Exactly. Exactly. And the last thing that we wanna be seen to be doing is just sort of phobbing people off and just being like, yeah. You know, it's two more weeks. It's two more weeks. But all we've ever done and all we ever will do is give people the most accurate and up to date information, and, clearly, video format is is really well received there. So definitely go and check that one out. Yeah. I know I would prefer that because you're actually seeing a face and hearing someone who's actually doing what they can to make it happen. Mhmm. I remember waiting for,
[00:19:34] Unknown:
Star Labs. Oh, yeah. I remember, like, that kept getting delayed. But that was, like, far less personal. It was annoying because it was just like, yeah. It's gonna be another couple of weeks. Now it's gonna be another couple of weeks, and that's gonna be and it was, like, you know, six months or something like that. It never felt like there was any sort of apology or real explanation. It was just like there is a delay. Mhmm. Like, that's it. So, yeah, these things happen, but as long as it's upfront and it's good to hear he's doing a video. And I know you guys have all been very stressed.
[00:20:04] Unknown:
Yeah. Definitely. Whole thing. Definitely. And we we've maintained throughout like, since the company started, this will be the second kind of preorder product that we've done. We did the same with passport core well, as batch two as it was called back then. And, we've maintained throughout, and and I don't think this is gonna change anytime soon, is the full no question dash refund if at any time during the the kind of wait period in the currency that you paid in as well. So, you know, if you wanna try and buy it a little bit more privately and you do so with Bitcoin or preorder with Bitcoin, and then Bitcoin does what Bitcoin likes to do sometimes and doubles in value, you're not kind of losing that exposure risk sort of thing. Like, if you decide that you wanna cancel a preorder, then, you know, you can do that, and you'll get the full amount of Bitcoin that you sent us back, you know, six months ago. So it's like we're the ones taking that kind of slippage risk, essentially.
[00:20:52] Unknown:
It's almost not a bad way of, like, shorting Bitcoin with a percentage of your stack knowing that the worst case scenario is that you get some hardware. Yeah. Indeed. It's like a sort of what is that? A futures contra or not a trader? Something like that. Neither am I. Neither am I. Futures contra. But, that is pretty cool. I think you've mentioned it before, but I'd sort of forgotten about that, to be honest. That is, I don't think I've heard of anyone else doing that.
[00:21:17] Unknown:
Yeah. Not sure if I'm being honest. But, yeah. Like I say, we we like to do things as as openly and fairly as possible. So, that's just one of the many ways that we we kind of attack it. Yeah. Because that is one of the biggest
[00:21:27] Unknown:
things with accepting Bitcoin. I talk about it a lot because of, like, our clothing and stuff like that. It's just I find as someone who's actually selling stock, I find I almost always get fucked. If you're buying stuff with Bitcoin and then you're receiving Bitcoin back, obviously in the time between you ordering and getting a product ready and shipping and sending, in the time between then and when someone pays you, generally, the price of Bitcoin is going up just, like, generally as a rule. And so you then have to, like, work out, well, how long roughly does it take for me to move the stock that I've paid for? And then I was trying to do a calculation of, like, okay, every six months is roughly from, like, when I order something to when it's ready to when it goes out the door. And then you've gotta work out what's the percentage change in Bitcoin on average in six months.
And then you get into a weird situation, which is like, well, unless you wanna be, like, silly with your markups, you can quite often just lose.
[00:22:30] Unknown:
Yeah. It's, it is. I'm not sure there's a fix for that, is there? Well, I guess there is a fix. It's You pay in fiat. Yeah. You pay in fiat or if you denominated in Bitcoin.
[00:22:40] Unknown:
Yeah. I've thought about that, but I just don't think I mean, it may be okay for some of, like, the the passport buyers and it may be okay for some, like, ungovernable misfits because they're generally, like, more heavily into the Bitcoin world. Mhmm. But I think for most people, most products, it's a no pricing things in Bitcoin. I just don't think it's quite quite there for most people in their brains. We constantly lose. Like, I just every time I do any clothing I lose, I just consistently lose. I've never I I guess maybe part of that is just, like, bad timing. You wanna sort of buy your stock when you're in the the worst part of a bear market.
Yeah. Then you want to wait six months, and then it pumps, and then people pay. No. Sorry. The other way around, isn't it? It's the other way around. Yeah. I stock when Bitcoin price is high. Yeah. Yeah. That's what I'm doing wrong. I need to buy stock when The penny just dropped, is it? Yeah. Oh, that's how it works. I still got to tell you, dude. High, sell low, isn't it? Well, money, mate. That's what I've been doing wrong my whole life. Fuck's sake. Right.
[00:23:48] Unknown:
I'll make a note of that. There we go. Business one zero one. Sorted. And Governable Misfits is gonna be the most profitable business, and we'll probably turn into a treasury company, will we, in in ten years? I think so. It might be less. Alright. Onto the the list, mate. Shorter one this week for two reasons. No. Just one reason, really. It seems that most of the well, our favorite news article or news outlet is is just not publishing at the moment. No bullshit Bitcoin. So I'm kind of scrounging around with what's left of the reputable publications, The Rage obviously being a good one. But when I was prepping for this morning's show, just looking through, like, the other new sites that we've got, like Bitcoin mag, etcetera, etcetera, trying to find useful stuff to talk about for our audience is quite difficult these days because there's no one place that you can go. It's like, oh, here's all the software updates. Here's all the privacy updates. It's like, oh, sailors bought some SaaS. Let's go have a wank.
Or, oh, treasury company has bought 50 Bitcoin. Great. It's just like, obviously, we're not gonna cover that sort of crap here. We're gonna persist. Equally, I think maybe a call out to the listeners that if you see any or hear of any, useful news articles, topics, blog posts geared towards Bitcoin sovereignty, Bitcoin privacy, Bitcoin development, that sort of stuff. Just shove it under our noses. It might even, send you a small amount of SAT to say thanks or I will. Oh, in a boost or a, Nostra zap or something like that. Yeah. Not only does it help us build the show, but it helps us spread the word for the show as well. So It does. If you did that twofold, then, yeah, I would definitely come and drive to your house and give you a hug. Oh, okay. That's nice. Think about that. Consider that if you have some information. There you go. Without further ado, let's hit the news. And once again, some of these articles are stuff that we may have covered on Freedom Tech Friday as they were happening because they are very important piece of information. But I thought it made sense to kind of round out the stories on the brief as well because there may be a subset of our listeners that only listen to the brief because they're only interested in this aspect of the ungovernable empire. So first one on the list.
So the two developers who developed the privacy wallet, samurai wallet, have pled guilty to unlicensed money transmission in the New York courthouse on the it was in the July, actually. But as I say, it's been a while since we've recorded. The developers were charged with conspiracy to commit money laundering and conspiracy to operate an unlicensed money transmitting business last year, which could have meant that if they were found guilty on all counts, that they would have faced up to twenty five years in prison each. Not great. The money laundering charge was dropped. Plea agreement is expected to be finalized by October. For now, Rodriguez has been ordered to pay a $250,000 fine, while Hill faces a fine of $400,000.
In total, 237,000,000 will be forfeited to the government, and the sentencing is set for November 6 and November 7, respectively. On the one charge that they did take the guilty plea on, they have or they face a maximum prison sentence of five years with three years of supervised release. And it is thought by most of the talking heads close to this one that the judge is very likely to go with the maximum sentence. You could argue that maybe that's to kind of save face. Rodriguez has been allowed to go home, but Till, who normally resides in Portugal, has been told that he cannot leave The US, and his passport has been confiscated, so he can't go back to his family, unfortunately, while he awaits sentence for the next couple of months. So, yeah, another piece of information here. So, basically, the guilty plea was that they engaged in a conspiracy to knowingly transmit funds on behalf of the public that would derive from criminal activity.
This is on the count two of their indictments. During the hearing, the government presented evidence of a tweet listing funds from Russian oligarchs. We've mentioned that before. And during the hearing, Rodriguez stated to have operated a service samurai wallet, which allowed users to move Bitcoin from one address to another and obscure the transaction. He stated that he came to know that some proceeds came from criminal activity and continued samurai wallet operations and marketed the service to the public. He additionally stated that criminal proceeds would be obscured.
The government stated to have evidence of 100,000 downloads of samurai wallet users. I wouldn't say that was evidence. It's fucking on the Google Play Store. Anyway, the government additionally stated that there was a hacker who used samurai wallet who was located in the Southern District Of New York. By hacker, what they mean is one of their own, probably. I will be clear. That's conjecture, but, you know, put your thinking hats on, guys. Yeah. If this were to go all the way to trial, the government was prepared to provide evidence of blockchain records, business records, and testimony to this fact. In total, the government stated to have evidence of 200,000,000 in criminal proceeds flowing through the samurai wallet, including funds from the darknet market, the Silk Road. Notably, the hearing made no mention of FinCEN, which had previously been at the heart of the dispute of the unlicensed money transmission charge. Once again, we've covered that in previous shows.
So it seems as though this case was happening at the same time as the tornado cache one. And in an unexpected turn of events, I think it was, like, on a Tuesday or something of that last week in July, there must have been a deal made. They changed their plea to guilty for that one count, and the other ones were agreed to be dropped resulting in them only facing a maximum prison sentence of five years. I firmly believe that there's gonna be more information coming out in future years that maybe give us a bit more information as to how or why this deal was struck. But purely from a human perspective, for the two guys who have, you know, gone through this hell for the last couple of years, like, it does seem like, you know, if you're staring down the barrel of a 25 stretch, it's essentially being locked up in a cage for the rest of your adult life. For the rest of your useful life. Exactly. That versus a maximum of five years and having already time served of, you know, over a year and then being able to get on with your life and continue to spend the remainder of your life with your family. Like, I can completely understand why they would see this as a win. So, yeah, obviously,
[00:29:56] Unknown:
still not happy that two people who were doing good work in the space potentially gonna be locked away for another four years. But, you know, I'm happy for them if as long as they're happy with the best deal that they've got with this kind of shit sandwich. Happy as you can be. Yeah. Yeah. It's a really weird feeling because it's like they're people that both you and I have looked up to for such a long time, like, ever since we have got involved in this space. And we've always said they're putting a huge amount of risk on themselves even though, yeah, you're following the FinTech guidelines and blah blah blah. We they're always the ones who are, like, the standout. If you want privacy in Bitcoin on chain, this is what you do. This is how you do it. This is the way. And they did stick their head above a parapet, and now they've got the brunt of going to prison for potentially five years. And it's just a shit situation to see people that you respect going through this. Really standing for what I saw Bitcoin as those cypherpunk ideals and the privacy circles that we ran in. I don't know. It's just such a weird feeling like it's been going on for such a long time now that you kind of like partly just take it as like, oh, yeah. That's just it is how it is, But when you really stop and think about it, it's pretty fucking disgusting.
[00:31:04] Unknown:
I guess the only final positive thing you can draw from this is the fact that because the guys took a plea and that there wasn't a jury or a judge verdict here, There's kind of no precedent being set. This can't be called upon in future cases, or it'll be difficult for it to be called upon as, like, a legal precedent to be like, oh, these guys had a noncustodial wallet, and they were classified or they were found guilty of being money transmitters, which, again, we've backed a little bit about this so many times, but FinCEN says that they could not have got license even if they wanted to. So that precedent has not been set, which I guess is a positive for the industry for now. We seem to have not lost the battle or this part of the war as badly as we could have potentially. Well, shout out to you guys. Something love. Absolutely. More FreedomTech developers getting locked up, unfortunately. The Tornado Cash case also wrapped up in the same week. Well, it was actually a a couple of weeks later because the jury took quite a while to come to a decision for the the Roma Storm case. After nearly a four week proceeding in the Roma Storm case, he was found guilty on one count of conspiracy to operate an unlicensed money transmitting business under 18 US criminal code section nineteen sixty.
Crucially, the jury could not reach a decision on the charges of conspiracy to commit money laundering and to violate US sanctions, which resulted in a mistrial on both of those counts. So kind of a win, kind of not a win. Again, it's a bit of a mixed bag. After the trial, Roman Storm and his defense counsel have reiterated their commitment to appeal that single conviction, which is great to see. And judge Catherine Falaire Falaire rejected the prosecution's motion to take Storm into custody whilst he awaits his sentencing, stating that we don't think he's a flight risk, essentially. As with the samurai case, the nineteen sixty count that Roman Storm was found guilty of by the jury carries a maximum potential sentence of five years. Hopefully, less time served again. I think he's already been under kind of some form of arrest for for quite a while. Very mixed bag. You could look at it as a positive that the jury took so long to come to a verdict and that, you know, they only found him guilty on one of the money transmission conspiracy and that the two bigger charges, if you like, they were unable to draw a unanimous decision on. However, the downsides to this one is that if Roma Storm appeals and loses, then we do have legal precedent here that there was a noncustodial tool and that money transmission conspiracy charges stuck because that did go all the way to a jury verdict.
And, also, because Roma Storm hasn't taken a plea, the prosecution can come back here and try, if they want to, the other two charges, the the money laundering and The US sanctions. So even if he appeals and wins or appeals and loses, it doesn't necessarily mean that that's the end of the road for this case because the prosecution could pursue further action if they want to. So, again, bit of a mixed bag. Obviously, not happy that, you know, another open source developer is getting locked up for producing freedom technology. But I'm kind of feeling positive at his outset. And I I wish I had the quote in front of me here, but, basically, he when one of the reporters gave him a question about how he's feeling after the result, he used something to the effect of, yeah, obviously, we're gonna fight this because the money transmission conspiracy charge is complete bullshit.
So that's nice to hear, and, obviously, we're wishing the best of luck in the appeal. No timelines yet as to how long that would take, but I believe, again, his sentencing will be coming around the same time as the samurai guys because the the case happened in and around the same kind of couple of week period. So expect more news around October or November. Okay. Onto some more let's go to some some more positive news. Whilst I was in Riga, the Arc Labs team have quietly, and I love the way that they did it, run an experiment to do the first live Arc release, essentially. Not necessarily a release, but a first implementation.
The way in which they did it is that as with most conferences, Riga being no different author, merchants there that are doing the beer, the coffees, the food and stuff, they get help by the organizers to accept Bitcoin because you're at a Bitcoin conference and especially ones like Riga where people actually like to spend Bitcoin rather than the Vegas hype shows, it's important that the merchants are able to do so. Normally, in recent years at Riga, it's been BTC pay server type thing where they host all the back end and the merchants have a terminal. This year was no different. The only difference being that unbeknownst to everybody at the conference apart from a handful of people, rather than it being a traditional BTC pay server back end where there's hosted lightning channels or, you know, a trusted third party or something like that. It was all powered by a live version of ARC, which we believe is the very first one. And they didn't tell anybody. They just did it. I bought a couple of beers, couple of coffees, some burgers, and things like that all via the usual terminals, and I had no idea. I just assumed it was just a normal BC Pay terminal.
Everything worked flawlessly, paying for my own node, also did a bit from Phoenix. And, yeah, it was all just working swimmingly. And then the next minute, mister Cooks, who previously did work at or contribute to BC Pay, who now work for our clubs, just came over and he said, have you bought any food outside? I was like, yeah. I've had a couple of bits and bobs. And, he's like, oh, yeah. Did you know that that's all running on Arc? And, like, nobody had any idea. And quickly, the word the word got round, and we were like, holy fuck. Like, it's it's it's not just vaporware. Like, people are actually using it, and they think it's that good that they didn't even know. They you know, people were just paying lightning invoices. It was confirming or it was being, you know, confirmed straight away, and people were getting their food and their coffee and completely none the wiser.
So I thought that was very, very cool. The other cool bit here, I guess, is that rather than in previous years where the merchants essentially just trusted whoever's powering all the back ends and they just have a custodial wallet and then they settle up at the end, This time around, in theory, like, they would have all had virtual UTXOs that they could have unilaterally exited and taken back even if in the extremely unlikely event that the people behind Baltic Honey Badger wanted to rug those merchants. Can't do it because that's one of the beautiful parts of ARC is that you have this unilateral exit. So the fact that they've achieved all of that, didn't tell anybody, and it all just worked flawlessly, was pretty mind blowing for me. So that was very cool. I like that way of operating.
[00:37:32] Unknown:
Just do something, have it work so well that no one even realizes that anything's changed, and then just quietly, oh, yeah. You know, it's running an arc. That's a cool way of doing things. That's the reverse of what you usually see. I like that. Yeah. It was awesome. Like, I literally had no idea whatsoever. After he told me, they also had a very early alpha piece of software of
[00:37:55] Unknown:
a progressive web app wallet that could interact with that ARC system as well. So I put, you know, a few 100 sats into that as well and started testing that. The UI side of that is very alpha software, you know, a little bit buggy, but, like, the the back end stuff that they've got running on all of these POS terminals, which if you click the link in the show notes of this part of the podcast, you'll see the images of it. It links to a tweet from our club, so a tweet thread. Yeah. Just wanna take my hats off to them and be like, yeah. Like you said, Max, I I really enjoy the way that they've they've operated here and, you know, very, very promising that of how quickly, not only have they shipped this sort of stuff and it used real funds for it, makes me very bullish for, you know, what the next couple of years is gonna hold for this protocol and what it can do. Interesting. Because for a long time, we we've talked about ARC a fair bit. Mhmm. We've always been like, you know, we'll see. Give it ten years. Let's see. Yeah. Let's see if anything happens kinda thing. Yeah. It's just it's been like, okay. Kind of interesting. Cool in theory. Maybe
[00:38:51] Unknown:
not gonna give it too much attention because, you know, it could just be vaporware. But that does make my ears prick up a little bit more and just be like, okay. Maybe this is something that's happening. Yeah. Indeed. I believe they got a pretty cool team back there as well. So, they clearly, like to ship things quickly and and efficiently.
[00:39:08] Unknown:
So more power to them, and I'm looking forward to seeing more wallets integrating with this sort of stuff.
[00:39:13] Unknown:
Restekpa.
[00:39:14] Unknown:
Restekpa. Indeed. Not gonna go too deep into this one because I know you and John will probably do so on the mining show, but just very, very cool. And it's one of the, you know, my favorite news articles of this week, at least, is that Block have launched their modular Bitcoin miner. I believe it's just called Raiden alongside some free and open source mining software as well. Have you seen any pictures of this, Max, or videos?
[00:39:37] Unknown:
I think I've seen a couple of pictures. No videos. Not really looked into it. With all the mining stuff, to be honest with you, at this point in life, I just wait for John to sort of hold my hand and walk me through things.
[00:39:49] Unknown:
And so I know I'm I'm gonna be speaking to him next Monday, so I'll wait for that. But what what do you know? Tell me. Yeah. Well, I I won't go into all of the the efficiency and stuff. That's that's very much John's forte and how they compare with other rigs. The thing I like here, right, is the the modular aspect of it. It's always blown my mind that with miners, essentially, if you get one hash board go down, you have to kind of take the the whole miner offline, go and repair stuff, and you you're tied into, like, a singular manufacturer.
Like, things like again, they're they're the opposite of modular, essentially. And and, you know, if you're running a big operation, that can be quite a big overhead. Whereas here, it it's essentially just like a box with a load of hash boards in it in a uniform setup such that you can swap those out quite easily. The funds are standardized, and it just seems like you can buy the overall package once, and then in five years' time, just rip out the hashboards and put some more new efficient ones in to get the benefits of the way that the technology is progressing
[00:40:52] Unknown:
without having to replace the whole setup. I'm gonna make a prediction here. I have a feeling that John will take the other side of that, and he'll say something like, nah. They're gay. They're pointless. There'll be gonna be something grumpy and old man ish from him about this, and I just feel it in my bones. I don't know what it's gonna be. It will either be like it's unnecessary, it's hype, or the parts are too expensive,
[00:41:17] Unknown:
or there'd be something where he's gonna grumble. That's my guess, but maybe I'm proved wrong. Yeah. No. That's that's fair enough. And, again, I'm I'm not even gonna profess you for this to be my area of expertise whatsoever. But the other open ended thing is I don't believe they've announced the price yet, which is obviously kind of pivotal in all this. There we go. So if it comes out and it's, like, 20% more expensive than the next best machine, then, again, you and John have said this loads of times. Like, mining is not an altruistic thing. Like, you're there to make profit, and every penny counts because it's your cutthroat. So if this thing comes out and it's not priced well, then I don't know whether it's gonna do very well.
[00:41:54] Unknown:
Yeah. You know, these guys are so quick at stripping down a machine and rebuilding them, and they keep parts because, you know, when you've got a farm and you know, okay. There are no things like, you know, one in every 100 machines is gonna blow a board every x amount of time roughly. And so I'll keep enough of those to get me through problems, and I have the fans, and I have this. And they kind of like like, nothing's perfect, but they seem to have this stuff on lock, basically. So it's one of those, like, unless there's a massive improvement in efficiency or price or ease of use or whatever it is, they kind of stick to what they know and what they've got. But yeah. I don't know. I mean, if the cost of the hash is as good or better and the reliability of the machines is as good or better and they're easier to work on and all that kind of stuff in the modular, then I don't see why people wouldn't start using it. But I don't know. I can almost hear his grumbles.
[00:42:52] Unknown:
Looking forward to hearing that one. And I think just to cap this one off, aside from all of that technical stuff, which I'm sure John is gonna cover off really well, the thing I'm most optimistic about here is just having another player in the space Mhmm. So that it's not just fucking MicroBT and Bitmain dominating the market. Like, hopefully And Avalon. And Avalon. Yeah. Yeah. Again, I've got no idea of the size of them compared to the previous two I've just mentioned, but it's promising to me to see another one coming out that is also open source as well. But, you know, we'll see whether they stand the test of time. God knows they've got enough money behind them to to, see whether they can sink or swim.
Yeah. Okay. Last news article for this week. Once again, we covered this on last Friday's disastrous Freedom Tech Friday. So maybe it might be worth while I was recapping this because we might have been talking over each other for half of it. But, Google Play Store gave us a little scare last week, Max, didn't they? They did. They certainly did. The rage again, shout out of the rage, spotted that the Google Play Store introduced a policy in, I think it was, like, Tuesday or Wednesday last week that required any software developer to obtain a license before publishing a cryptocurrency wallet app to the Play Store. And this is, quote, to ensure a safe and compliant ecosystem for our users and to keep the children safe, you know, obviously.
Cool. Policy targeted 15 jurisdictions, including the European Union, The United States, and it laid out which regulations the Play Store expected software wallet developer to comply with relative to their jurisdictions. These mainly covered off, you know, in the big jurisdictions, the money service business with FinCEN. Once again, we've talked about that so many times. The big one in the EU is MICA, m I c a. Again, that's a bullshit acronym for something. Basically saying that all cryptocurrency wallets, noncustodial or custodial, needed to comply with these, which, again, was met with uproar from the ecosystem because, you know, that is the polar opposite of what both FinCEN and Mika in the EU tell us is required.
Both of those say, if you're noncustodial, we will not regulate you and you cannot get a license from us. But Google Play Store at the time was like, yeah. Yeah. You need to go and get one. People weren't very happy. And, basically, for twenty four hours, there was a thought that all noncustodial wallets that weren't willing to comply with these bogus regulations that they couldn't get regulated by even if they tried to, was essentially gonna mean that all of these types of apps like Envoy, Cake, Zoos, etcetera, would essentially just be removed from Play Store, which would, you know, reduce the adoption of the usage of that by roughly 50% if we issue a fifty fifty split between Android and iOS. Thankfully, roughly thirty six hours later, somebody at Google saw all of the tweets that they were getting and realized that they'd made a little bit of a boo boo. So they walked it back and essentially said, yeah. No. We're we got this wrong. This does not apply to noncustodial wallets, and we're gonna update the policy to reflect what is actually not only common sense, but defined by the regulators that we said you need to go and get regulated by. So everybody breathe a a sigh of relief. And then as always with Bitcoin, then the speculation ensued as to whether this was actually, you know, an honest mistake maybe by an intern who just manages the documentation at Google or whether this was a little bit more on the hand than they were kind of dipping their toes in, maybe off their own back or maybe under the direction of a higher power, in a certain jurisdiction to be like, just put this out there and just let's just see what happens. I am unconvinced on either at the moment, or I I can see a case for for both. And I guess, ultimately, we'll probably never know. But once again, shout out to to the rage for for causing a massive rage with this one, understandably so. Thankfully, it seems like we won this one, but it is once again a start reminder. And I think you said this on Friday, Max, to the fragility of or the centralization of kind of app distribution for for Bitcoin wallets.
[00:46:54] Unknown:
Yeah. Very fragile. If you haven't already listened, go back and listen to the Freedom Tech Friday that we just released a couple of days ago. We do go into some different theories and what we think might actually be happening behind the scenes, but and why we think things are fragile, and then also what would happen if if this did go through and how would it be thought? So So I think it's worth a listen. Absolutely. Cosign that one. Right. Let's hit some boost, shall we? Let's do it. Pies with 420
[00:47:19] Unknown:
sats. Hey. Chingy b jing.
[00:47:23] Unknown:
It says, yo yo yo. Mushroom hug strong-arm salute. A I b l e, 100, great episode, gentlemen. Revian Stokes, 500, says, here a TRX at zero sat per vByte. Now I'm I'm intrigued to see more, information on this one because I'm I'm trying to work out whether they've sent a boost via a zero sat transaction. There there was no other context there. That was Well, I was thinking, if they did do that, that's very cool, and I want more information. So Revy and Stokes, thank you for your 500 sats, but please boost again and let us know. Give us a bit more context here because if you did do that, I I I need to know more. Yeah.
[00:48:08] Unknown:
Yeah. Very cool if that's what he's done. Scylla Stormbrook, 500 sats.
[00:48:12] Unknown:
Happy to report I'm healing well from emergency surgery. I appreciate it, guys. On another note, I can't believe that my penis got brought up on the show. Always ungovernable. Stay free. Glad to hear you've recovered, mate. Glad to hear your penis as well. Yeah. Cylus Thornbrook, once again, another 500 sats. Always ungovernable. Thank you, gentlemen. Stay free. And final one from the previous brief is Poopsicle with 300 sats and says that they were an ungovernable misfit in grade school. What were you like in primary school as it were for us? For the yanks, that's between the ages of six and 11. I imagine you to be a bit of a naughty boy in school, Max. Oh my god. Yeah. I was very, very, very bad. I was suspended,
[00:49:05] Unknown:
very close to being expelled. I always had straight e's and straight u's, which is uncontrollable, unmanageable, and unmarkable. I got suspended for selling porn and cigarettes at nine years old.
[00:49:21] Unknown:
Porn mags?
[00:49:22] Unknown:
No. What I used to do is I used to break into the computer science department place, steal their floppy disks, and then my dad used to run pubs. So, like, if I ever stayed with my dad, I'd never see him because he'd be running the pub. So upstairs, he had a computer that had Internet connection. It was, like, quite early with all of that. And so what I used to do is just, like, go and get pictures off. It wouldn't have been Google. It would have been Jeeves or whatever it was. Download those, put them onto floppy desks. And then I used to sell them for five pound of floppy desk because I went to a posh school. So, and then I used to steal cigarettes and I used to sell them for like a pound or 2 per cigarette. I got caught doing that because a kid, this little fat kid at my school, his mom walked in while he was wanking and he was like, she, she was like, where did you get this from her? And he was like, oh, put off max. Yeah. I got in trouble for that. Got suspended, and then I got in more trouble because I bitch slapped that kid in assembly in front of everyone.
I was awful, mate. I was honestly absolutely awful. And now I'm starting to see that that's been passed down because my kids are
[00:50:33] Unknown:
truly ungovernable. I don't know what's more amazing about that story. The fact that you probably destroyed your dad's computer by downloading porn from all sorts of different places, that must have been, like, the most malware ridden computer in all of in the whole land. Or or the fact that you're selling them on fucking floppy disks.
[00:50:54] Unknown:
Poppy disks. Yeah. It was just pictures. It was like pictures on floppy disk. And what was really remarkable was my markup. It it was a 100%. Yeah. And £5
[00:51:05] Unknown:
back then was quite a lot, and a lot of people wanted my merchandise, I can tell you. I I was quite impressed by the markup on the cigarettes as well because I I believe I'm not gonna do doctors here, but we're of a similar age. And the going rate in my school when when we're of that age was a lot less than a quid a a quid a fag.
[00:51:22] Unknown:
Oh, yeah. I mean, you could buy a pack of fags for a couple of quid then. Yeah. And I paid nothing. I sold mine, obviously. So, yeah, it was yeah. I was awful, mate. I imagine I imagine you were a good boy, like a a very studious person who found the work to be maybe slightly too easy, and it wasn't really a problem. Is is that right? No. I was always
[00:51:47] Unknown:
relatively well behaved. I was bang average at pretty much all subjects. I was never, like, top of the class, so but I wasn't I wasn't, like, one of the drongos that needed, like, special assistance or anything like that. I was just like Yeah. Stay in the middle, be the gray man. Not like, that was kinda me in school. Okay. Ironically, never had a detention, but did get suspended once for a week. Oh. So one of my Selling cool Yeah. On floppy disks. No. One of my friends bought in, like, a plastic ball bearing gun. It was at, like, break time and stuff. We were all just dicking about with it. I was the one that got caught with it in my hand when one of the teachers walked in.
So I had to take the fall and basically just got suspended and threatened with police action and stuff. You know, they try and scare you when you're when you're, like, 11 years old. Yeah. Yeah. Yeah. Yeah. It's like you feel like it's the end of the world and that you, you know, you're never gonna get a job and stuff. But, yeah, ironically, I've never had detention once, but, yeah, I did manage to get myself suspended just for being in the wrong place at the wrong time with the the wrong weapon in hand. I like it. There were such good times when you look back, actually. There were simpler times when They really were. Like Even if you were. Yeah. You're like I I have, like, flashbacks every now and again. I remember, like, my parents going, oh, yeah. Enjoy it while you can. And at the time, you think, oh, fuck off, you old fart.
And now I'm saying that to my kids, so I'm like, we've come full circle. I know.
[00:53:13] Unknown:
Now we're the old fucks. Yep. Yeah. Yeah. Yeah. We do you reckon we would have been mates at school? We could have been I reckon so. I'd definitely have bought porn off you. I think so. Yeah. And cigarettes, probably. Yeah. Maybe not cigarettes. I wasn't really a smoker. But we wouldn't be sat in detention. I was in detention every single day. Every single day. It was just it was like it was like, you've got detention. I'm like, what's fucking email? I'm already in there. Don't worry about it. There was like two or three of us who were just always in trouble. The three of us who were worst at school, I would say a three of the most, like, we've done okay in life. They were always like, oh, you're gonna fucking be nothing. You're gonna be sweeping the streets. You're gonna be there. She like, really, like, you're you're fucked, basically.
And, actually, we've all somehow turned out, like, relatively okay. So I don't know. May may maybe being ungovernable,
[00:54:09] Unknown:
there's something to it. There you go. Ungovernable from an early age. Mine was a learned skill in my early twenties. Alright. Software releases. Let's fly through these, and then we'll get we'll get off and enjoy the rest of our day. Envoy version I'm gonna take a massive piss. Yes. I am, but getting close. Envoy two point o point two is a bug fix release where we had the the big two point o release about a month ago that laid all the groundwork for the upcoming Passport Prime, including all of the connectivity. And at the same time, we upgraded to BDK two point o, which was the underlying framework that powers 99 of what we do in Envoy. That was a huge change, and inevitably, it introduced a number of bugs. So two point o point two fixes all of the ones that we know about. The main one of which was, people getting stuck at the kind of syncing screen so they couldn't, like, actually get into the application and kind of sync all of their balances. The weird thing was it only seemed to affect certain customers, which was strange.
But in all of those, cases, two point o point two fixes it. So you have any bugs whatsoever. Make sure your upgrade is the latest version because there's loads and loads of fixes in there, and it will be a drastic improvement to your stability of the Envoy app. Next up, Passport two point three point nine, another small bug fix release. This one just fixes assigning error for some multisig users that was introduced in a previous release. Other than that, there is just one fix for improved error handling such that it doesn't just throw a random error. It actually gives you something human readable so that if you do hit something, similar in the future, you won't just be met with a load of code. So, yeah, once again, small release, but a nice quality of, life improvement.
Phoenix version two point six point four has been released. They've added a look ahead to on chain wallet. So Phoenix now looks for three addresses past the first unused index. This helps in some edge cases where funds would have been deposited to an address past the first unused in index and were not taken into account by Phoenix, which is a strange one to me because, like, this is what we, you know, more commonly refer to as a gap limit where, you know, it's the gap limit is essentially how far the wallet will stop looking past the last known address that's been used, basically.
And the fact that they've now only added it and they've added it and it's only three addresses is strange to me. I don't know why they wouldn't use the the industry standard of 20. Maybe it's because of the way that their sync works that it would take too long or not. I don't know. But I guess it's good that they've at least added some form of gap limit to kind of take into account for maybe for users that have kind of, imported an existing wallet, which I know is not a common way to use Phoenix. So, you know, that's probably why they've not had it before. Most people just spin up a new one, and then interact with lightning from there. But, yeah, good introduction nonetheless.
Cake wallet 5.2 o. I don't know whether you've covered this on the show with Seth. Version 5.2 o is here. Unleash your desktop. Track your BTC safely and stay connected. I'm re this is not my words, by the way. I'm reading the release notes. Yeah. I like this. Whoever whoever their main dev is is clearly very enthused by this. Get ready for another feature packed update. Version 5.2 o brings powerful new tools to our desktop app. It introduces a secure way to watch your Bitcoin and makes your connection to the blockchain smarter and stronger than ever before. Nice.
So what's new? Nice. The Ledger on the desktop is live, so you can now use your Ledger with k Wallet desktop. They've introduced view only wallets so that you can kind of throw an x pub in there and kind of track all of your cold storage stuff. They've got new automatic node switching. So your wallet now intelligently We did cover that. You did cover it. Your wallet now intelligently finds the best connection, ensuring your app is always in sync. Oh, so does that mean that you can kind of define multiple nodes and it will just if one fails, it'll
[00:58:02] Unknown:
fall back to a new one. Automatically switch. Yeah. But I did ask him about this, and he said you can turn this off, and you can, like, disable that feature. Okay. Because, for example, you might you might be connected to a to a tool node, and you specifically want only to be connected to that. And so it won't automatically switch. But but for for a lot of people, it's like, you know, they'll have, like, the k quality one that you can connect to. And then if for any reason there's any issue with that, it will just automatically jump to the next one and connect so that you just have a seamless, experience.
Nice. But it is yeah. You you can adjust it, basically, because that was my question to him. It's like Mhmm. That that sounds like that could be a problem for some people, but Alright. It can be adjusted.
[00:58:43] Unknown:
Sweet. Okay. Cool. Robosats version zero point eight point one alpha. Once again, emphasis on alpha. Don't run and do this if you're doing kind of or you you don't wanna be part of the test group. What's new? They've got brand new mobile app and mobile view. They've got new in app private notification system using Nosta, so that could be pretty useful for when you're, you know, midway through a trade and you're kind of away from your computer maybe or you're not using the mobile application, being able to get, you know, a Nosta DM to be like, hey. The trader has done their bit. You need to deposit the Bitcoin now or something similar to that effect. That's pretty cool. And then there's also something called reversible payments warning. I'm not sure what that is, but Okay. I'll have to test that one out. To test the new mobile app, definitely.
I used their mobile app when it first came out, quite a while ago, and it was, you know, pretty early. So I'm keen to see what improvements they've made to mobile view of the, of the application. And finally, BlueWallet version 7.2 o. It seems like a massive bug fix release of what looks to be well over a 100 fixes that I'm not gonna bore you with right now. But, if you are a blue BlueWallet user, definitely go and check that one out. But, there seems to be a lot of kind of dependency fit, updates and bug fixes as well. So Mhmm. Nice to see them still cranking out releases over at Blue.
[01:00:06] Unknown:
Yeah. That's all I've got for the list, my friend. Bit of a short one, as I say, and, we're missing no bullshit Bitcoin here at, at the ungovernable headquarters. So, you know, if you're out there, no bullshit Bitcoin team, please come back. Yeah. Please come back. And if you're listening to this and you've got some updates or software we should be talking about, do let us know. Send it in the boosts or or jump in on a Freedom Tech Friday and let us know there or wherever it is. Just get in contact. We'd love to hear from you. Absolutely. Alright, guys. Okay. Well, enjoy your piss, mate. And, I'm sure I'll speak to you, in the next couple of days. You will indeed. Take it easy, dude. Alright, mate.
[01:00:44] Unknown:
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[01:01:19] Unknown:
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