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Bitcoin Development Update

Bitcoin Reddit

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To spread some positivity on this day where some others might be discouraged. Here is an update of some of the cutting edge work done to improve Bitcoin :

https://x.com/bitschmidty/status/2082496590783103424

-a node that syncs in nearly half the time

  • a path to 5x faster (SwiftSync)

  • a new GUI to make running that node easier, maybe even on mobile

  • a redesigned mempool with better fee bumping and fee estimates

  • a mining interface so individual miners can build their own block templates (Stratum v2)

  • a private broadcast so your transactions can't be traced to your IP

  • a reproducible map of the entire internet for node eclipse attack protection

  • a better way to relay time-sensitive Lightning and Ark transactions for confirmation

  • a multisig that's cheaper, more private, and looks like any other payment on-chain (MuSig2)

  • a private payment address with zero linkable payments (silent payments)

  • a threshold (e.g. 3-of-5) signature scheme that looks like a single signature (FROST)

  • a proposal to fix known protocol bugs and current attack vectors (BIP54)

  • a slew of post-quantum research to be ready for future attack vectors

  • a first-ever independent security audit for more eyes on the code

  • a new tool that attacks a live node the way a real adversary would (Fuzzamoto)

  • a fix that killed an entire class of disk-filling attacks

  • a replacement for a risky external library

  • a consensus engine the whole ecosystem can build on (Bitcoin Kernel)

submitted by /u/bitusher
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