We all agree that high fees were always inevitable. But the premise that it doesn't matter because we have layered solutions that solves this is false. We don't have them yet, not deployed at scale. IMO it's sub-optimal design of Bitcoin that high fees kick-in so soon.
@federicocarrone@trailofbits "The general rule of thumb to follow is to include all of the public information and all elements in the proof transcript up until that point inside the hash function."
🤣
Could ZK-rollups one day help Bitcoin with scaling or privacy?
@HRF and @StarkWareLtd are pleased to announce a research fellowship to help answer this question.
The fellow will receive a 1 BTC grant to produce an industry paper.
Apply today!
https://t.co/euPOgMXUFM
ZK-proofs enable a massive range of bitcoin scaling solutions that preserve and even improve privacy.
ZK-rollups, in particular, can work much better in the UTXO model than in the account model.
Looking forward to this research 🤩
We are thrilled to launch a new script upgrading mechanism to get your wallet prepared for Taproot's activation on Sunday.
⭐️ Foolproof script upgrading with output descriptors
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https://t.co/6aFMNmZd0q