Bitcoin

cross-posted from: https://monero.town/post/3546999

• X-Spaces Talk

Why UTXO Matters: Security, Privacy, and Scalability in BTC Ecosystem

Really great explanation of the monetary history and current situation of #Argentina

I have several Argentinian friends and colleagues and I've recently visited and experienced the currency situation firsthand. It's definitely unique and interesting, but mostly very sad for everyone not savvy enough to find solutions and just see their savings and pensions dwindle before their eyes.

While trying to help a Bitcoin holder who lost their password, researchers at Unciphered discovered a major flaw in the way early Bitcoin wallets had been created.

Could this be the cause of the 12% rally last night? Does this mean a US Bitcoin Spot ETF is coming this month?

Seems like all the scaling upgrades mentioned in the previous roadmap are about done (segwit, lightning network, taproot, schnorr signatures...)

I guess drivechain would be nice to see, but I haven't heard of any updates on that project in a while. Are there any other plans to look forward to?

In other news water is wet

How do people feel about Bitcoin ETFs? I personally don't see the appeal but I guess it helps make it more accessible to some folks?

"Apple (AAPL) has rejected the latest version of non-custodial Lightning-enabled bitcoin wallet Zeus, according to a tweet by Zeus founder Evan Kaloudis.

This comes a day after Apple’s spat with another popular Lightning-enabled bitcoin app – Damus, a decentralized social media platform that runs on the Nostr protocol (Nostr is an acronym for “notes and other stuff transmitted by relays”). According to tweets from Damus, Apple took issue with the Damus’s “zap” feature, which allows users to send small amounts of bitcoin over the Lightning Network to their favorite content creators as a token of their appreciation, much like Twitter’s “tip” feature. Lightning is Bitcoin’s second layer payment network for cheaper and faster transactions.

Apple has now turned its attention to Zeus, asking the wallet’s creator to provide proof of requisite licenses and permissions for approval to facilitate transmission of a virtual currency or face rejection by Apple’s App Store, according to Kaloudis. Zeus is apparently in violation of Apple’s guidelines which require apps to provide proof of appropriate licenses – such as money transmitter licenses – in order to facilitate the “transmission” of cryptocurrencies."