An exchange-traded fund: Bitcoin ETF follows the price of the most well-known cryptocurrency. The reality is most miners are very smart and price in the halving, so they don’t end up shutting down any miners. Also included are our regular sections with announcements of new software releases and release candidates and summaries of notable changes to popular Bitcoin infrastructure software. It’ll also be the first release to use a new version numbering scheme, although CLN releases continue to use semantic versioning. This week’s newsletter describes how BLS signatures could be used to improve DLCs without consensus changes to Bitcoin and includes our regular sections with announcements of new software releases and release candidates, plus summaries of notable changes to popular Bitcoin infrastructure software. ● Core Lightning 22.11rc3 is a release candidate for the next major version of CLN. ● LND 0.15.5-beta.rc2 is a release candidate for a maintenance release of LND. ● Core Lightning 0.12.1 is a maintenance release containing several bug fixes. Core Lightning defaults to a channel reserve of 1% of the channel balance, penalizing by that amount any peers that attempt to cheat.
Most notably, setting the reserve to zero can allow the remote peer to spend all of their funds, emptying their channel. However, in order for the receiver to subsequently construct a signature spending their received funds, they need the hash of the contract in addition to the key they used (that key usually being part of an HD keychain). As described in the code comments, “A lock time can only be satisfied by n blocks being mined or n seconds passing. For scripts that need signatures or other data from multiple wallets, miniscript can guide the wallet into creating all the witness data it can so that the data can be bundled into a Partially Signed Bitcoin Transaction (PSBT). Documentation is added describing the benefit of string IDs and how to get the most out of creating and interpreting them. AnyOption offers up to 15% money back for out of the money trade.
This is something you might consider as a beginner (or even as an experienced trader) to test your skills without putting your money at stake. For example, if Bob’s node issues a new credential to Alice, who then tries to sell the credential to Carol, there’s no trustless way for Alice to prove she won’t try to use the token herself even after Carol has paid her. The ledger publicly lists all transactions to date, implicitly specifying who retains how much money. By mid-2018, bits of gossip circled that internet based life giant Facebook, Inc. (FB) was building up its own digital money. Although this can be dangerous-the lower the reserve, the less penalty there is for cheating-it can be useful for certain situations. Even if the new feerate isn’t entirely safe, its higher value means it’s safer than what the node had before, so it’s better to accept it than try to close the channel with its existing lower feerate. 1852 accepts a feerate increase proposed by a channel peer even if that feerate isn’t high enough to safely keep the channel open at present. A future change to LDK may close channels with feerates that are too low, and work on proposals like package relay may make anchor outputs or similar techniques adaptable enough to eliminate concerns about present feerates.
additional resources feedback for the proposals was received on its related pull request. Towns is seeking constructive criticism of the idea for this new testing implementation, called Bitcoin Inquisition, as well as reviews of the pull requests adding the initial set of soft forks to it. 5594 makes several changes, including adding and updating several APIs, to allow the autoclean plugin to delete old invoices, payments, and forwarded payments. This merged PR allows the user to reduce the reserve for a specific channel, including reducing it to zero. 5315 allows the user to choose the channel reserve for a particular channel. The reserve is the amount a node will normally not accept from a channel peer as part of a payment or forward. If the peer later attempts to cheat, the honest node can spend the reserve. ● Upfront payments: if Alice’s node wants to forward payments through Bob’s node, her node first uses LN to buy a credential from Bob.
