Stay up to Date on the Latest in Bitcoin Tech

Aug 12 - Aug 15, 2025

The "confidential-script-lib" library, introduced at the BTC++ hackathon, proposes a novel approach for executing advanced scripts on Bitcoin's mainnet, leveraging Trusted Execution Environments (TEEs) like AWS's Nitro Enclave to ensure the confidentiality and security of transactions. This architecture enables the testing of new features and soft fork upgrades with minimal trust, utilizing a two-step emulation and signing process that enhances privacy and functionality. The failsafe mechanism and the emphasis on security through AWS's Key Management System (KMS) highlight the library's potential to serve as a middle ground in soft fork debates by demonstrating genuine demand for upgrades. [Confidential-Script-Lib](https://delvingbitcoin.org/t/confidential-script-emulate-soft-forks-using-stateless-tees/1918) Ynniv's proposal for a Layer 3 Protocol aims to transform Bitcoin transactions by introducing Zero UTXO Trust-Minimized Lightning Wallets, offering users greater control and eliminating certain operational limitations. This protocol leverages cross-validation networks and strategic recovery processes for enhanced security, scalability, and efficiency, potentially broadening Bitcoin's adoption through improved Lightning Network transactions. The protocol's innovative approach to managing liquidity, privacy, and security could redefine user and operator experiences, emphasizing the role of auditors in maintaining system integrity. [Layer 3 Protocol](https://delvingbitcoin.org/t/proposal-bitcoin-deposits-a-zero-utxo-trust-minimized-lightning-wallet/1922) The discussion by zawy on the Qubic attack on Monero brings to light the importance of non-repurposability in securing Proof of Work (PoW) systems, contrasting ASIC-resistant and CAPEX-intensive PoWs in terms of security advantages. The conversation extends to the potential vulnerabilities of cryptocurrencies like Bitcoin to state-level actors aimed at undermining digital assets to maintain control over fiat currencies and financial surveillance. This analysis underscores the complexity of ensuring the security of cryptocurrency networks against a backdrop of technological innovation and the evolving landscape of threats, including state-sponsored attacks. [Qubic Attack on Monero](https://delvingbitcoin.org/t/qubic-attack-on-monero/1920)

Aug 4 - Aug 9, 2025

Antoine Riard announced the development of a natively multi-process Bitcoin full node in Rust, utilizing libbitcoinkernel to enhance node functionality and efficiency, with a demo showing successful block downloading without a binding generator. This project, still in the demo phase, aims for improved performance and integration across multiple platforms and architectures, addressing the challenges of transaction relay in a multi-process environment and exploring solutions for accurate validation ([source](https://gnusha.org/pi/bitcoindev/9812cde0-7bbb-41a6-8e3b-8a5d446c1b3cn@googlegroups.com/T/#u#m2ca3b6290d6e305a7e27de46c0a8f971b0069443)). James Tagg proposed the Quantum Secure Asset Verification & Escrow (QSAVE) protocol as a preemptive measure to protect Bitcoin from quantum computing threats, focusing on safeguarding vulnerable Bitcoins through a non-sovereign wealth fund model. This approach aims to maintain ownership rights and leverage dormant capital for humanitarian efforts, addressing the risks posed by quantum decryption without compromising Bitcoin’s value promise or forcing drastic measures like coin burning ([source](https://gnusha.org/pi/bitcoindev/SN6PR12MB2735280A252DD62231D1320AA523A@SN6PR12MB2735.namprd12.prod.outlook.com/T/#u#m4d200793abb1fcfa0608e2e4af53db1145b112d7)). The Bitcoin Foundation laid out a framework for transitioning Bitcoin to quantum-resistant cryptography, highlighting the growing threat to current encryption methods from advancements in quantum computing. This detailed proposal includes a phased migration plan to ensure network-wide resilience against quantum vulnerabilities, emphasizing the selection of quantum-resistant algorithms and calling for community feedback to refine the approach. Additionally, Maxim Orlovsky’s recent advancements in the RGB project signify a leap towards enhancing Bitcoin’s programmability and privacy through smart contracts with client-side validation, indicating a collaborative effort within the Bitcoin community to foster innovation and address emerging challenges ([source 1](https://gnusha.org/pi/bitcoindev/4d6ecde7-e959-4e6c-a0aa-867af8577151n@googlegroups.com/T/#u#m6b17340df61fb954ca24db75d171aa8d665e6e67), [source 2](https://gnusha.org/pi/bitcoindev/ab1212a6-f188-4987-a36f-b5676940d15bn@googlegroups.com/T/#u#me761eb33585b306a3323a7615dbfbfee15806d99)).

Jul 28 - Aug 3, 2025

Calvin Kim, alongside Tadge Dryja and Davidson Souza, proposed three Bitcoin Improvement Proposals (BIPs) focusing on Utreexo, aimed at enhancing Bitcoin's efficiency and scalability by enabling transactions verification without the entire Unspent Transaction Output (UTXO) set. The BIPs, still in the conceptual phase, are available for community feedback on [GitHub](https://github.com/utreexo/biptreexo), highlighting the collaborative effort toward improving Bitcoin's infrastructure and potentially lowering barriers to operating full nodes. Gloria Zhao announced the release candidate for Bitcoin Core version v29.1rc1, a significant step in the cryptocurrency's development, available for testing with binaries from [Bitcoin Core's official website](https://bitcoincore.org/bin/bitcoin-core-29.1/test.rc1/) and source code on [GitHub](https://github.com/bitcoin/bitcoin/tree/v29.1rc1). This version aims to enhance software reliability and stability, with community feedback playing a crucial role in identifying issues before the final release, emphasizing the importance of community involvement in Bitcoin's ongoing development. Christopher Allen highlighted Blockchain Commons' integration of FROST signing with Bitcoin transactions, improving multisignature processes and resilience. A demonstration will be showcased at the Gordian meeting, accessible via a Zoom link, with a focus on addressing challenges in integrating FROST with Bitcoin's Taproot. The initiative aligns with Blockchain Commons' educational goals, extending learning to FROST and BDK technologies, and emphasizes community engagement for navigating architectural and security complexities. In a discussion led by glozow, a proposal to lower Bitcoin Core's minimum relay feerate was outlined, motivated by observations of low-fee transactions being mined and concerns over block relay and network DoS attack prevention. The discussion on [GitHub](https://github.com/bitcoin/bitcoin/pull/33106) invites further insights into balancing network robustness with accessibility, reflecting ongoing efforts to adapt Bitcoin's infrastructure to evolving transaction patterns and market conditions.