Wuille also notes the reason for the genesis block’s unspendability is unrelated to this discussion and involves the original Bitcoin software not adding the genesis block to its internal database. These types of schemes are run by a central operator who uses the money from new people to pay off the original people with their promised returns. If the nodes ever decide to close down their channel, their latest balance after all the off-chain payments is restored to their original wallets. A client’s 30-day exchange trading volume and BNB balance determine their VIP level. This is because a bigger trade volume translates to a bigger discount. While its platform is capable of handling a large volume of trades without suffering a significant slowdown in transaction times, it does experience its fair share of issues from time to time, including unexpected maintenances and security vulnerabilities. Analysis done by Abra has shown that adding even small percentages of bitcoin and cryptocurrencies to a traditional portfolio can help substantially in terms of diversifying risk exposure and increasing returns over time. In terms of the standard processing fees, this comes at a cost of 3.5% ($10 minimum).

● BTCPay Server 1.4.6 is this payment processing software’s latest release. ● Ledger Live supports taproot: Ledger’s client software, Suggested Web site Ledger Live, announced taproot support in their v2.35.0 release as an experimental feature. ● BitBox02 adds taproot sends: Both the v9.9.0 - Multi and v9.9.0 - Bitcoin-only releases add support for sending to bech32m addresses. ● libwally-core adds bech32m support: The 0.8.4 release of this wallet primative library includes bech32m support. ● BitMEX adds taproot sends: In a recent blog post, BitMEX announced support for bech32m withdrawals. In fact, it turned out to be the best VPN for BitMex as well the best VPN for Bybit . The post also notes that 73% of BitMEX user deposits are received to P2WSH outputs and result in around 65% fee savings. Also included are a number of simplifications over the existing LN gossip protocol, which is used to advertise the existence of public channels for routing. CHECKTEMPLATEVERIFY activated. This simplifies public experimentation with the proposed opcode and makes it much easier to test compatibility between different software using the code.

● Sensei Lightning node implementation launches: Sensei, currently in beta, is built using the Bitcoin Dev Kit (BDK) and Lightning Dev Kit (LDK). Notable changes this week in Bitcoin Core, Core Lightning, Eclair, LDK, LND, libsecp256k1, Hardware Wallet Interface (HWI), Rust Bitcoin, BTCPay Server, BDK, Bitcoin Improvement Proposals (BIPs), and Lightning BOLTs. ● Spark Lightning Wallet adds BOLT12 offers: Spark v0.3.0 adds offer features including offer creation, sending offer payments, and pull payments. Recurring offer features are planned for a future release. There are numerous options for trading cryptocurrencies. Binance offers SMS-based 2FA and app-based 2FA options. Trading platform: It offers a user-friendly trading platform that supports a wide range of cryptocurrencies, including Bitcoin, Ethereum, Binance Coin, and many others. The firm also offers options, which follows the Binance Futures BTCUSDT perpetual contract asset. Is Binance for Me? Binance is committed to transparency and cooperation with regulators and law enforcement (LE) - in the US and globally. Binance is generally regarded as a safe cryptocurrency exchange to use, although there is one event that has damaged the exchange’s reputation for safety. Is Binance Better Than Coinbase? To give a sense of the progress there, River Financial recently shared that its payment success rate is 98.7% at an average size of $46, which is astonishingly better than the earliest publicly-available data it could find from 2018, where $5 transactions were failing 48% of the time.

OKEx says it has already met with Maltese government and regulatory leaders to get a better understanding of the country’s evolving regulatory plans and provide feedback. Rusty Russell is organizing meetings to help speed up the specification process and has started a thread asking for feedback about what medium to use for the meeting (Google Hangout, IRC meeting, something else) and how formal to make the meeting. You have two separate chains, with overlapping sets of transactions, which would make any sort of ad-hoc hack to splice one chain onto the other impossibly hard, even if the anarchists in the Bitcoin world could agree to it. But efforts to create practical digital cash schemes were bedeviled by something called the double-spending problem: how to prevent someone from sending the same digital coins to two different people. 910 updates the LN specification with two changes. This week’s newsletter describes continued discussion about covenants in Bitcoin and includes our regular sections with summaries of changes to services and client software and notable changes to popular Bitcoin infrastructure software. CHECKTEMPLATEVERIFY. Also included are our regular sections with selected questions and answers from the Bitcoin Stack Exchange and descriptions of notable changes to popular Bitcoin infrastructure projects.