Hey you! Yes, you Lightning dev! We heard you were worried about the safety of your user’s funds stored on your Lightning node. It’s a hot wallet after all, and we all know that’s a big no-no for storing large sums of satoshis. That’s why VLS exists. VLS separates Lightning private keys and security rule validation from the Bitcoin Lightning node to a separate, secure signing device. What’s that? “Sounds great, how do I start?” you say? ...
I had previously completed Google Summer of Code | 2021 and Linux Foundation Mentorship | 2021 two highly renowned open source programs which paved my path towards excellence as a software developer. I chose open source for reasons I have highlighted in Collaboration not Competition but it brought so many other good things along with it like learning, friends, experience, connections, etc. There was one space which was left for me to explore with open source, Bitcoin. Summer of Bitcoin started when I did my GSoC and the next summer (2022) again I didn’t apply because I was focused on my internship at Microsoft to grab that P.P.O. and chill for final year. ...
Financial System Bitcoin is a financial system created to serve a highly political intent, a free and uncensored network where all can participate with equal access. It is a mechanism of organizing people and computers to make one immutable, digital document. Bitcoin Offerings Bitcoin doesn’t keep track of the identities of the people (or machines) that use it making it permissionless. It doesn’t increase the supply of bitcoins to meet demand making it deflationary and inviolate. It doesn’t force itself on anyone making it consensual. It doesn’t exclude anyone from using it making it inclusive. It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning - Henry Ford ...