BitDevs Socratic Seminar 22

05/13/2023

11/25/2024

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Event Details

• RSVP: Meetup
• Time: 6pm - 8pm
• Location: Entrepreneurs Sandbox (643 Ilalo St) in the Purple Box room

Agenda

• 6:00pm - Arrive and network
• 6:15pm - Presentation from Marko
• 6:45pm - Socratic seminar discussion of various bitcoin topics
• 8:00pm - Hang out after at Honolulu Beerworks or Village

Announcements

• Respect people’s privacy
• Chatham House rules
• Join our telegram group
• Follow us on Twitter (@HonoluluBitcoin)
• Donate sats
• Sponsor shoutout
  • Hawaii Technology Development Corporation
  • Entrepreneurs Sandbox
• New website
• Britney hosting a Digital Currency Class on 5/30
• BlueWallet postpones Lightning node sunset date to 5/31

Presentation

• Speaker: Marko, cofounder of Shift Crypto (creators of the BitBox02 hardware wallet)
• Topic: Unexpected hardware wallet attack vectors in singlesig and multisig setups

Main Topics

• Ledger's Recover service
  • Ledger launches distributed, KYC-based, cloud seed recovery service then quickly deletes it
  • What Bitcoin Did 661: Ledger Recover with Pascal Gauthier, NVK, Matt Odell & Harry Sudock
  • Ledger pauses the launch of Recover service, accelerates open source roadmap
  • Twitter thread from @sethforprivacy
• Transaction fees and "the mempool"
  • High Fees? Bitcoin is Working As Designed
  • Citadel Dispatch 101: Mempools and Transaction Fees with the Mempool Space Team - Wiz, Simon, and Steve
  • Why do we have a mempool?
  • Mempool.Space announces transaction acceleration marketplace
  • Bitcoin Transaction Relay over Nostr
• Scaling in layers (and renewed interest in OP_CTV)
  • Ark
  • Enigma

Optional Topics

• Bitcoin held on exchanges hits five year low
• Strike Goes Global, Expands to 65 Countries to Reach 3 Billion People
• Block's hardware wallet (BitKey)
  • Screens Are Not a Panacea: Server as a Screen
  • Block's Bitkey Will Not Require Customers to Hold Onto Seed Phrases, Will Not Have A Screen
• Spiral adds, renews developer grants, counts at least 6000 developers building with LDK
• Human Rights Foundation gifts 16.5 BTC for 12 bitcoin projects
• Review of Wolf’s first cohort of Bitcoin-driven startups
• MicroStrategy Lightning Platform introduced at MicroStrategy World
• Wizardsardine discloses vulnerability in Ledger's Bitcoin Miniscript implementation
• Review and analysis of malicious/fake Trezor Model T in circulation
• SuperTestnet releases a tool that breaks Ordinals
• BitResolve: Bitcoin-Native Dispute Resolution for FOSS Bounties
• Liquid Swaps by Boltz: Lightning-Liquid Atomic Swaps
• Lava: DLC-based bitcoin lending & borrowing protocol
• LNMesh: Offline lightning network payments using community wireless mesh networks
• Magic Webstore: Full bitcoin + nostr webstore embedded in a "magic link"
• Alby Wallet adds webhooks for developers
• Munstr: MuSig + Nostr
• Mostro: Lightning Network peer-to-peer exchange platform on Nostr
• zkCoins: A payment system combining a client-side validation protocol with validity proofs
• Storm: Protocol Suite For Decentralized Storage and Messaging
• Proposal for a new mempool design
• Payment Route Reservation proposal: PTLC/HTLC with reusable static invoices
• Fedi launches signet alpha wallet
• Nutminer: An ecash-based Bitcoin mining pool simulation built with Cashu
• Taproot and MuSig2 recap
• Taproot Channel Transactions
• MicroBT releases new line of Whatsminer M50 series
• Update on Block's bitcoin mining ASIC program
• Advances in Hashrate Derivatives Contracts (PoWSwap)
• Tornado Cash developer challenges Chainalysis data alleging criminal links
• El Salvador's bill on eliminating taxes on tech innovations signed into law
• Biden administration proposes a 30% tax on bitcoin mining
• Bhutan confirms that it is mining Digital Assets