cypherpunk, cryptographer, privacy/ecash, inventor hashcash (Bitcoin mining) PhD Comp Sci. Co-Founder/CEO https://nitter.cf/t.co/CysB3cs7Pp & Co-Founder/CEO @bstrco
Malta 🇲🇹
Joined November 2010
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Adam Back retweeted
Bitcoin Core is some of the most reviewed code in the world.
We were curious how our frontier AI model would handle it. Last month we ran 16 agents across 5 of the top models for a week to look for issues in Bitcoin Core v32.0rc1
Impressively, they surfaced two minor items - both now disclosed responsibly.
Agentic teams have been a huge unlock so far for our security efficiency. They're also remarkable to watch.
Adam Back retweeted
Gold mines can work three shifts and crank up supply when the price moons. Bitcoin can't do that.
@adam3us on why Bitcoin is harder money than gold: inelastic supply, no competing industrial use, and a new supply rate already lower than gold's.
Adam Back retweeted
The Liquid Network is making steady progress on its staged recovery roadmap alongside enhanced security controls.
AQUA users can currently execute 1:1 swaps between native Bitcoin and @Liquid_BTC directly in AQUA Wallet, following the re-enablement of BTC ↔ L-BTC swaps last week.
The community can track the restoration progress transparently through the official auditable proof of reserves at liquid.network.
Update from the Federation:
BTC<>LBTC swaps were re-enabled last week as part of Liquid’s staged recovery. Users can once again swap between BTC on Bitcoin and LBTC on Liquid at 1:1 through participating providers, including @AquaBitcoin, @BULLBITCOIN_ and @side_swap. These providers collectively accounted for 99% of peg-out volume prior to the incident.
Normal Federation peg-out operations remain subject to enhanced operational controls while security hardening continues and the independent security audit nears completion.
The community can track progress toward restoring full 1:1 BTC backing for LBTC through Liquid’s auditable Proof of Reserves at liquid.network.
#bitcoin passes $67k 200wma nitter.cf/adam3us/status/2106973…
Adam Back retweeted
Or start with a 2of2 2FA Protected account, no backup key needed. On Bitcoin, pick a 6, 12 or 15 month timelock.
Want the backup key later? Add a 2of3 account and send your coins to it.
🤖 Made with AI
Adam Back retweeted
Easily access a higher level of Bitcoin security. Multisig is back in the Blockstream app.
2of3 with 2FA: you hold two of the three keys. One on your phone, a backup offline on @BlockstreamJade or @Blockstream Metal. Blockstream cosigns when you authorize with a 2FA code.
Adam Back retweeted
Bitcoin will never break its all-time high again." — Jason Calacanis
Jason, I'll bet you $1,000,000 it will break its ATH. Here are the terms:
Bitcoin hits or exceeds $126,210.50 on or before October 28, 2028, 12PM PST
I’m happy to trust you to pay or if you prefer we can each escrow the dollars with independent party.
The bet is either settled when Bitcoin hits the ATH or on October 28, 2028.
@jason Do we have a bet?
Adam Back retweeted
Help someone you care about start with Bitcoin without all the pressure on them.
You can be the one who gets a friend or family member into Bitcoin properly. @Blockstream Jade creates a separate recovery phrase for their wallet, and nothing of yours is exposed.
Keep the index number and you stay their safety net.
Watch how BIP85 recovery phrases work.
Adam Back retweeted
Another 50 BTC added. 550 BTC to go.
I want to correct some of the news reporting as well. Some media outlets were saying peg-outs will only resume when all 600 BTC were added back, but the federation has already been conducting semi-automated peg-outs for the last week to members.
From an end user perspective (users of @AquaBitcoin, @side_swap, or @BULLBITCOIN_) they could already peg-out L-BTC to BTC for more than a week already.
A test transaction for 2.5 BTC was sent to the @Liquid_BTC Federation wallet, reducing the shortfall to 600 BTC. The remaining 600 BTC will be moved to the wallet in the coming days. All network operations are continuing normally.
mempool.space/address/bc1qdl…
Adam Back retweeted
Update the Blockstream app to get it: blockstream.com/app/
Adam Back retweeted
It's been a long time coming. Coin selection is now in the Blockstream app on iOS, Android and desktop.
Choose exactly which coins each payment spends. Keep coins from different sources apart, combine small ones when fees are low, and decide what each transaction reveals.
Adam Back retweeted
Your bitcoin, your choice of coins.
Keep your payments more private and your fees lower, now on every device.
Adam Back retweeted
Stronger security for your bitcoin without giving up control. No single key can move it, and you can always recover without us.
Multisig is back in the Blockstream app.
Easily access a higher level of Bitcoin security. Multisig is back in the Blockstream app.
2of3 with 2FA: you hold two of the three keys. One on your phone, a backup offline on @BlockstreamJade or @Blockstream Metal. Blockstream cosigns when you authorize with a 2FA code.
Adam Back retweeted
An update from the Liquid Federation on the latest progress in the @Liquid_BTC Network's recovery.
Update from the Federation:
BTC<>LBTC swaps were re-enabled last week as part of Liquid’s staged recovery. Users can once again swap between BTC on Bitcoin and LBTC on Liquid at 1:1 through participating providers, including @AquaBitcoin, @BULLBITCOIN_ and @side_swap. These providers collectively accounted for 99% of peg-out volume prior to the incident.
Normal Federation peg-out operations remain subject to enhanced operational controls while security hardening continues and the independent security audit nears completion.
The community can track progress toward restoring full 1:1 BTC backing for LBTC through Liquid’s auditable Proof of Reserves at liquid.network.
Adam Back retweeted
🚨 Phishing alert
Emails from info@blockstreamapp[.]org linking to blockstreamapp[.]org are not from Blockstream. Don't click the link.
Blockstream will never ask for your recovery phrase or PIN, or ask you to send funds.
Only trust links on blockstream.com.
Adam Back retweeted
How 2FA Protected accounts work: blog.blockstream.com/multisi…
Adam Back retweeted
Update from the Federation:
BTC<>LBTC swaps were re-enabled last week as part of Liquid’s staged recovery. Users can once again swap between BTC on Bitcoin and LBTC on Liquid at 1:1 through participating providers, including @AquaBitcoin, @BULLBITCOIN_ and @side_swap. These providers collectively accounted for 99% of peg-out volume prior to the incident.
Normal Federation peg-out operations remain subject to enhanced operational controls while security hardening continues and the independent security audit nears completion.
The community can track progress toward restoring full 1:1 BTC backing for LBTC through Liquid’s auditable Proof of Reserves at liquid.network.
A test transaction for 2.5 BTC was sent to the @Liquid_BTC Federation wallet, reducing the shortfall to 600 BTC. The remaining 600 BTC will be moved to the wallet in the coming days. All network operations are continuing normally.
mempool.space/address/bc1qdl…
Adam Back retweeted
A test transaction for 2.5 BTC was sent to the @Liquid_BTC Federation wallet, reducing the shortfall to 600 BTC. The remaining 600 BTC will be moved to the wallet in the coming days. All network operations are continuing normally.
mempool.space/address/bc1qdl…
Adam Back retweeted
Silent Payments let you share one static address while every payment lands somewhere new and unlinkable. Making that work for multiparty wallets is a harder problem.
@olkurbatov of @blksresearch takes it on at @btcplusplus Seoul, November 5-6. 🇰🇷
🍎: Oleksandr Kurbatov (@olkurbatov) of Blockstream Research has been working on a difficult problem: Silent Payments for Multiparty Wallets. Join us in Seoul next month for the deets