Binance Vs. Binance.US: a Detailed Comparison

Neither Binance nor any other payment provider linked to Hydra was named by the Justice Department, which declined to comment on Binance. ● Two-transaction cross chain atomic swap or same-chain coinswap: Ruben Somsen posted to the Bitcoin-Dev mailing list and created a video describing a procedure for web page a trustless exchange of coins using only two transactions, named Succinct Atomic Swaps (SAS). ● CoinPool generalized privacy for identifiable onchain protocols: Antoine Riard and Gleb Naumenko posted to the Bitcoin-Dev mailing list about payment pools, a technique for improving privacy against third-party block chain surveillance by allowing several users to trustlessly share control over a single UTXO. Using taproot, this allows the cooperating participants to operate protocols such as LN or vaults using UTXOs that are indistinguishable from single-key UTXOs, improving both participant privacy and onchain scalability. ● Evaluate proposed changes to BIP341 taproot transaction digest: as described in last week’s newsletter, there has been a request for taproot signatures to make an additional commitment to the scriptPubKeys of all the UTXOs being spent in a transaction. ● Desktop version of Blockstream Green wallet: Blockstream has released their Green wallet for desktop on macOS, Windows, and Linux.

The desktop version supports 2-of-3 and 2-of-2 multisig wallets as well as Tor and testnet. It’s important to note that there are two networks we can use here: the testnet or the mainnet. Michael Folkson explains the considerations involving a potential testnet reset or introduction of a new signet network. Michael Folkson outlines the benefits of Russell Yanofsky’s efforts to separate Bitcoin Core into different bitcoin-node, bitcoin-wallet, and bitcoin-gui processes. Modularity would allow users more flexibility in their setups and developers maintainability and security benefits. 93 for more details on this proposal. 910 Assigns BIP85 to Ethan Kosakovsky’s Deterministic Entropy From BIP32 Keychains proposal. Kosakovsky’s proposal is to create a super-keychain whose child keys are transformed into seeds, seed words, or other data that can be input into various wallets’ HD keychain recovery fields. To create a coinjoin, takers contact several makers, collect their input and output information, and create the transaction template.

● WabiSabi coordinated coinjoins with arbitrary output values: in the coinjoin protocol, a group of users collaboratively create a transaction template that spends some of their existing UTXOs (inputs) to a new set of UTXOs (outputs). ● Breez wallet enables spontaneous payments: Version 0.9 of Breez wallet adds the ability to send spontaneous payments to Lightning nodes that support keysend. ● Lightning Loop using multipath payments: The latest upgrade from Lightning Labs now uses multipath payments to convert onchain funds into funds within LN channels. The coordinator uses this specified value to verify that the sum of the outputs the client wants to create is equal to the sum of the inputs provided by the client (minus fees). This allows constructing the transaction template without the coordinator learning which inputs funded which outputs. The coordinator can then provide an anonymous credential for each output that allows the client to later anonymously submit the output to the coordinator for inclusion in the transaction template.

This model gives takers a lot of flexibility with their own inputs and outputs to the transaction template. ● Bitpay’s Copay and Bitcore projects support native segwit: Bitpay’s Copay wallet and backend Bitcore service both now support receiving to, and spending from, native segwit outputs. ● Simplified fee bumping for LN: funds in a payment channel are protected in part by a multisig contract that requires both parties sign any state in which the channel can close. To ensure that the latest state is recorded onchain, a channel should be unilaterally closed when there are only this many blocks until an LN payment has to be settled. When it comes down to transfer limits, there is no limit on the number of coins that you can deposit. ● Will there be a testnet4? ● Bitcoin Core 0.20.0rc2 is the newest release candidate for the next major version of Bitcoin Core. Also included are our regular sections describing changes to services and client software, new releases and release candidates, and notable changes to popular Bitcoin infrastructure software. Also included are our regular sections with notable changes to services, client software, and infrastructure software.