Because some bitcoin investors have become millionaires overnight, more and more people are intrigued by the possibility of striking it rich through investing in cryptocurrencies like Bitcoin. Several people replied to the thread with comments and suggested alternatives. If a significant number of people use payjoin, this makes the common input heuristic used by block chain analysts much less reliable, improving privacy for even Bitcoin users who aren’t using payjoin. For local cryptocurrency enthusiasts, these slings and arrows are all very much worth enduring. Early in 2022, it was reported that Russia might ban cryptocurrency operations. Lauren Miehe: The Prospector With a knack for turning old buildings into bitcoin mines, Miehe has helped numerous other outsiders set up mining operations in the basin and now manages sites for other miners. ● LND 0.11.0-beta is now released. ● Lightning Labs announces Faraday for channel management: Faraday is a tool for LND node operators that analyzes existing channels and makes recommendations to close problematic or under-performing channels. ● Backdoored VM images: a user on Reddit posted about losing funds after using an AWS image that came with a Bitcoin full node already installed and synced to a recent block. This process is competitive; the first to solve the problem adds the next block to the blockchain and receives a Bitcoin rewa
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● Sparrow Wallet adds payment batching and payjoin: Sparrow’s recent 0.9.6 and 0.9.7 releases added payment batching and payjoin capabilities respectivelyscripte descriptors may then be imported into a watch-only wallet to track any onchain transactions made by the LN node. This week’s newsletter links to a prototype for creating vaults using pre-signed transactions and includes our regular sections about notable changes to services, client software, and popular Bitcoin infrastructure projects. For this change to have the maximum impact, other popular wallets need to implement support for creating compatible payjoin payments. For the first time ever, this testing can include creating a reproducible build of LND and verifying that it has the same hash as the binaries distributed by the LND developers. Fee free fast - transfers utilizing a multi-blockchain core database along with an account ledger we have been able to get the transaction time down to below 30 seconds and scaled it to 50,000 transactions a second in a test suite (the same operating capacity as VISA). Discussion was still ongoing at the time of this writing. Despite the hype, cryptocurrencies still don’t fulfill the basic functions of money as a store of value, means of exchange, and unit of
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The legacy feeRate option in RPCs fundrawtransaction and walletcreatefundedpsbt still exists for setting a feerate in BTC/kvB; it is expected to be deprecated soon to avoid confusion. B to the sendtoaddress, sendmany, fundrawtransaction, and walletcreatefundedpsbt RPCs as well as to the experimental new send RPC. 3954 updates both the fundpsbt and utxopsbt RPCs so that they can each take a locktime parameter that specifies the nLockTime of the transaction to create. ANYPREVOUT) with a decrementing locktime similar to that proposed for duplex micropayment channels. This new major version allows accepting large channels (by default, this is off) and contains numerous improvements to its backend features that may be of interest to advanced users (see the release notes). ● LND 0.10.0-beta.rc4 allows testing the next major version of LND. ● Bitcoin Core 0.20.0rc1 is a release candidate for the next major version of Bitcoin Core. This week, BTCPay announced the release of version 1.0.4.0 which includes an implementation of payjoin support for both receiving payments in payment processor mode and sending them using BTCPay’s internal wallet. This implementation is not fully usable yet as follow-up pull requests are needed to add support for route finding and for timing out part
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Whichever result is cheaper is used; if they both result in the same cost, partial spend avoidance is used. The nonce field is the same one used in the current version of Bitcoin. This prevents an outside observer examining block chain data from assuming all inputs in that transaction belong to the same user (e.g.1). 4715 adds a --reset-wallet-transactions configuration parameter that will remove all onchain transactions from LND’s wallet and then start a rescan of the block chain to repopulate the wallet. 3611 adds a keysend plugin that allows a node to securely receive spontaneous payments-payments not preceded by the generation of an invoice. An obvious use for spontaneous payments is donations, youtu.be but a less obvious use is for sending chat messages with a payment such as via the LND-compatible WhatSat software and the C-Lightning-compatible noise plugin. Plugin authors wishing to ensure their plugin’s relative load ordering in this way should amend their getmanifest method’s response as shown here. At Abra, we believe in the power of Bitcoin and crypto more broadly, and we are working to build a single, easy-to-use app that will provide global access to important financial services such as investing, money transfer, and more on the way.