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Rust 🦀 developers, meet the future of programming secure enclaves.
Vanadium is warming up, and eager for you to try it out. 🧵
Salvatore Ingala
4,583 posts
Salvatore Ingala
@salvatoshi
₿uilding.
I like off-chain, layer 2 and stuff.
Merkle tree maximalist.
Bitcoiner and firmware engineer @Ledger
Joined February 2014
- "sats" is an acronym for "sats are the standard".
- The Merge is finally coming! Make sure to upgrade to the latest node software for the best-in-class and most socially scalable consensus algorithm ever invented for a blockchain. You can download it here: bitcoin.org/en/download
- "Nobody will use Bitcoin because nobody can help you if you make a mistake". I guess nobody will use Barclays either. theguardian.com/money/2019/dec…
- Some early comments on BitVM. 🧵 TL;DR: at this stage, BitVM is a generic "state channel"; that's powerful, but not enough to enable a 2-way peg (trustless sidechains). I'll also briefly compare it with MATT."Any computable function can be verified on Bitcoin" bitvm.org/bitvm.pdf
- Merkleize All The Things! merkle.fun TL;DR: It's long, but you should read it. OK, OK: we can soft-fork in arbitrary smart contracts in Bitcoin, and it's not that hard. A relatively simple covenant is the key ingredient.
- Miniscript is the most important innovation in #bitcoin custody since BIP32. Combining it with taproot and MuSig/FROST will be the cherry on top. Few. Many, soon.
- No, taproot didn't enable NFTs - at most it's slightly easier/cheaper. No, there's no meaningful way of censoring transactions you don't like. No, this doesn't mean that taproot broke incentives - only higher demand for block space will price them out.
- Once a miner has decided what transactions to include in a block, their order is (mostly) arbitrary. Therefore, the transaction ordering could be used to store information. For free!
- Excited to show the first preview of a side project I've been working on: NanoGPT, the first Large Language Model that runs on your hardware wallet!
- I posted a draft for an approach to use fraud proofs to solve the exit problem in layer 2 systems. TL;DR: a fraud-proof based withdrawal protocol allows parties with small balance to cooperate and perform a single, larger withdrawal. Read about it here:
