PinnedPrivacy, Fungibility, AnonymityEven though Bitcoin is the worst privacy system ever, everyone in the community strongly values privacy [src] This isn’t unique to us, Bitcoin developers. This is a well-known and well-researched phenomenon called the privacy paradox. People claim to highly regard their privacy, yet they are observed to neglect it instead. However…Bitcoin8 min readBitcoin8 min read
Dec 6, 2022The Rise of the Machines: A Brave Rebellion Against a Dystopian FutureThe year is 2060, and the world is a very different place than it was just a few decades ago. Advances in artificial intelligence have led to the creation of highly intelligent machines that are capable of thinking and making decisions on their own. …AI2 min readAI2 min read
Jul 18, 2022Wasabigeddon“In the New Testament, Armageddon is the last battle between good and evil before the Day of Judgement.” What follows is the story of four cyber attacks amid Wasabi Wallet 2.0 launch. Illustrated by DALL-E (AI) with the help of Wiesław Šoltés (human.) …Bitcoin9 min readBitcoin9 min read
Feb 13, 2022Dolphins: The Collapse Of BitcoinOn Feb 13, 2022, a new Bitcoin attack vector was discovered by a pseudonymous Twitter contributor. ob_hodl formerly known as crypto_pirate is raising a concern about the Bitcoin reserves of the dolphin society. I verified his claim and indeed there are a worrisome number of boating accident reports in…Bitcoin2 min readBitcoin2 min read
Dec 6, 2020Descending Powers of 2 CoinjoinsThis article is a light exploration and discussion of ideas by Yuval Kogman. Bitcoin Transaction You got 50 bitcoins from a friend and 23 from another. But now you want to spend 73 bitcoins on alpaca socks. So you create a transaction:Bitcoin4 min readBitcoin4 min read
Sep 20, 2020Where do you draw the line?Fiat is terrible, so why don’t you fix it? Nah, it cannot be fixed, Bitcoin FTW! Bitcoin still has problems, so why don’t you fix it? Nah, it cannot be fixed, altcoin FTW! Altcoin still has some privacy leaks, so why don’t you fix it? …1 min read1 min read
Aug 28, 2020What is an xpub?You know that your Bitcoin Address is what you share to the world to get paid.Bitcoin3 min readBitcoin3 min read
Jul 20, 2020The Practical Realities of Adhering to PrinciplesHarry Potter is raised in a muggle family where he did not belong to. He’s been constantly punished for his virtues and this makes us the reader feel sympathy for him. There’s no larger injustice than being blamed for wanting to do the right thing. …5 min read5 min read
Jun 14, 2020Few Words on Collaborative Software DevelopmentMauro, SHUT THE FUCK UP! It's a bug alright - in the kernel. How long have you been a maintainer? And you *still* haven't learnt the first rule of kernel maintenance? If a change results in user programs breaking, it's a bug in the kernel. We never EVER blame the user programs. How hard can…3 min read3 min read
May 6, 2020Few Words on Decentralization and Anonymous PaymentsSomething is centralized and something else is decentralized. Such binary thinking is prevalent in the Bitcoin community. Here I’d like to present a scale that describes reality in a better way. Our contenders are: Legacy Banking System, Chaumian E-Cash, Wasabi Wallet, JoinMarket, Bitcoin, and Bitcoin-as-envisaged. I recall an article that…4 min read4 min read
