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Bitcoin Optech: Newsletter #239 Recap

Author
Bitcoin Optech
Published
Mon 27 Feb 2023
Episode Link
https://podcasters.spotify.com/pod/show/bitcoin-optech/episodes/Bitcoin-Optech-Newsletter-239-Recap-e1vjbal

Join Mark “Murch” Erhardt and Mike Schmidt as they are joined by James O’Beirne, Christian Decker, and Russell O’Connor to discuss Newsletter #239.


A full transcript of the discussion is available here.


News



  • Draft BIP for OP_VAULT (1:18)

  • LN quality of service flag (4:15)

  • Feedback requested on LN good neighbor scoring (13:58)

  • Proposed BIP for Codex32 seed encoding scheme (20:27)


Selected Q&A from Bitcoin Stack Exchange



  • Why is witness data downloaded during IBD in prune mode? (36:40)

  • Can Bitcoin’s P2P network relay compressed data? (40:39)

  • How does one become a DNS seed for Bitcoin Core? (41:18)

  • Where can I learn about open research topics in Bitcoin? (44:00)

  • What is the maximum size transaction that will be relayed by bitcoin nodes using the default configuration? (47:55)

  • Understanding how ordinals work with in Bitcoin. What is exactly stored on the blockchain? (50:07)

  • Why doesn’t the protocol allow unconfirmed transactions to expire at a given height? (51:00)


Releases and release candidates



  • BDK 0.27.1 (52:44)

  • Core Lightning 23.02rc3 (53:16)


Notable code and documentation changes



  • Bitcoin Core #24149 (53:57)

  • Bitcoin Core #25344 (56:10)

  • Eclair #2596 (58:09)

  • Eclair #2595 (59:31)

  • Eclair #2479 (59:45)

  • LND #5988 (1:00:09)

  • Rust Bitcoin #1636 (1:00:42)

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