In April 2022, the Central African Republic (CAR) adopted Bitcoin as legal tender alongside the CFA franc. In April 2019, the Binance Chain was launched and all the ERC-20 tokens were replaced with the native BNB coin. How is BNB used? So yeah, this is not my wheelhouse where I’m an expert. Mark Erhardt: Yeah, so for this one, we have a small update for how PSBTs are shown in the GUI. So far, the GUI would not indicate if you were using - oh, sorry, could you hear me? So, what this update does is it indicates which addresses belong to your own wallet, and that makes it especially easier to recognize a change output as such, and hopefully makes PSBTs more accessible in the GUI. If I’m understanding the reason behind that, it’s that the reason that sipa points out here, that there are known algorithms that are more effective than just brute-forcing 256-bit keys, so that it’s technically then 128-bit security; am I getting that right? I’m not doing a great job of explaining this right now, but yes, oftentimes there is a quadratic reduction of the security due to algorithms and what sort of attack model or threat scenario you’re applying, and https://youtu.be/ I think this happens to be the case her
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Mark Erhardt: I’m sorry, I do not. Mark Erhardt: I think that there is some follow-up work for this release that is coming out soon, but I don’t know exact details. She also asked how they would work with blinded paths where a spending node wouldn’t know the full path to the receiving node. They create a set of trustless instructions that describes where each forwarding node should next relay the payment, encrypting those instructions so that each node receives only the minimum information it needs to do its job. Riard proposes that each forwarding node should only accept the relay instructions if they include one or more credential tokens that were previously issued by that forwarding node. If the user enters a passphrase containing null characters which fails to decrypt an existing wallet, indicating they may have set a passphrase under the old behavior, they’ll be provided with instructions for a workaround. This could lead to a wallet having a much less secure passphrase than the user expected. Previously, a passphrase containing an ASCII null character (0x00) would be accepted-but only the part of the string up to the first null character would be used in the process of encrypting the w
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Documentation is added describing the benefit of string IDs and how to get the most out of creating and interpreting them. No changes are required to Codex32 to obtain the reinforcing quick check property, although Codex32’s documentation will need to be updated to provide the necessary tables and worksheets in order to make it usable. The hops going past the node won’t be used, but they will make it harder for the spender to determine how many hops the receiver is from the last non-blinded forwarding node in the route. Any other criteria can be used as each forwarding node chooses for itself how to distribute its credential tokens. In LN today, spenders choose a path from their node to the receiving node across multiple channels operated by independent forwarding nodes. ● Previous success: if a payment that Alice sent through Bob’s node is successfully accepted by the ultimate receiver, Bob’s node can return a credential token to Alice’s node-or even more tokens than were previously used, allowing Alice’s node to send additional value through Bob’s node in the future. In the end, the goal of the Index is not to produce a perfect estimate, but to produce an economically credible day-to-day estimate that is more accurate and robust than an estimate based on the efficiency of a selection of m
g machines.
This is known as a 51% attack because you need to control more than 50% of the network to attempt it. I think that it might be related to how likely it is to be able to create a preimage attack. I think this was a great recap. This is why some investors think certain currencies will perform better for actual transactions in the future than others. Please feel free to drop them in the comments section of this tutorial; our experts will get back to you as soon as possible. Mike Schmidt: Next section from the newsletter is Releases and release candidates; we have two. Mike Schmidt: Last question from the Stack Exchange is, "What does it mean that the security of 256-bit ECDSA, and therefore Bitcoin keys, is 128 bits? Mike Schmidt: No, you didn’t. Mike Schmidt: The person asking this question was also asking about seed security and was maybe mixing up this 256-bit ECDSA versus 128 versus like the security of a seed, which sometimes can be 512. So, there’s some details in the answer on the Stack Exchange there. Mike Schmidt: The next release we covered is LDK 0.0.116, which adds support for anchor outputs and multipath payments with keysend.