Me in 2011: this bitcoin thing is cool but I really want to build a nice computer, let me sell a few coins to buy parts. Me in 2025: this lightning this is cool, I can use it to buy nice computer parts. Some things never change, I guess.

On the software wallet side, *two* wallets have already stepped up and merged code that will claim the bounty! Given it was in less than ten days I'll be paying both of them out. That still leaves the bounty for hardware wallets, however. If you're a hardware wallet developer, now is a great time to dig into BIP 353. There's a few software wallets that will be including proofs for you, so its time to start validating and get the great UX benefit that comes with it! View quoted note →

Underrated fact: if there’s not enough demand for (truly) censorship-money, Bitcoin fails. Not just people won’t use it and it’ll fade (which is true), but literally someone’s gotta pay the miners, and there’s no indication anything but a real demand for censorship-resistant money will do.

I still think about how one of the very first academic papers ever written about bitcoin predicted it would fail because there’s no incentives to run a node and thus no one would and then transactions wouldn’t relay.