Announcements

• Respect people’s privacy
• Interaction and asking questions are encouraged
• Chatham House rules
• Apply for a bitcoin job
• Join our telegram group
• Follow us on Twitter (@HonoluluBitcoin)
• Donate sats
• Sponsor shoutout

Bitcoin KPIs

• Clark Moody’s Bitcoin Dashboard

Geopolitics

• The anniversary of Bitcoin becoming legal tender in El Salvador
  • El Salvador Bitcoin one year later
  • What El Salvador’s Bitcoin law brought
  • President Bukele’s speech to the United Nations
• Consequences of Biden’s Executive Order 14067 (March 2022)
  • E.O. 14067, named “Ensuring Responsible Development of Digital Assets”, called on government agencies to produce varying forms of research regarding consumer privacy and protection, energy usage, and central bank digital currency (CBDC) benefits and risks.
  • White House Office of Science and Technology Policy (OSTP) conducted a study into the climate impacts of crypto mining
    • Nic Carter’s response
  • White House releases regulatory framework for the “responsible” development of digital assets
  • White House Office of Science and Technology Policy (OSTP) releases a technical evaluation for a U.S. Central Bank Digital Currency system
• U.S. Department of the Treasury releases additional guidance on tornado cash sanctions
• Hodlonaut vs. Craig Wright trial in Norway
  • Context/background resources from DefendingBTC
• Russian central bank and Ministry of Finance agree on draft bill allowing Bitcoin/crypto for international trade
• Iran greenlights Bitcoin/crypto payments for imports

Market/Adoption

• NYDIG announces Lightning accelerator project “In Wolf’s Clothing”
• Ledger Nano X and Nano S Plus now available in all Best Buy stores nationwide
• Human Rights Foundation donates $325k to Bitcoin development: eight donations in total

Technology

• Carl Dong leaves Chaincode Labs and Bitcoin Core contributing
• Linux Foundation announces an intent to form the OpenWallet foundation
• NYDIG releases “Developers of Bitcoin” - paper on Bitcoin’s technical development and open-source contributors over time
• Riot and Blockware release Bitcoin transaction fee research report
• Public Fedimint instance launched on signet
• RoninDojo announces Bokuto node
  • RoninDojo Node comparison guide
• Spiral is a privacy-preserving block explorer
• Validating Lightning Signer (VLS) separates keys from nodes

Mining

• Major Bitcoin mining pool with 10% of hash rate, Poolin, freezes withdrawals
  • Poolin will issue IOU tokens after suspending withdrawals
• “Was Satoshi a Greedy Miner?” by Jameson Lopp

Coinkite Giveaway #2

• “Guess the Nonce” Google Form
  • Submit guesses ahead of time (only if you plan on attending the meetup)!
  • A specific block will be chosen at the meetup and its nonce will be compared to all submissions - closest guess wins
  • Video explaining what a nonce is in relation to bitcoin mining
    • A “nonce” is a “number used only once”.
    • Miners are continuously hashing block data when trying to “win” the block lottery. The nonce is an extra field that can be repeatedly modified to produce entirely new hashes without changing the actual transaction data in the block.
    • Miners keep changing the nonce to generate new hashes, ultimately trying to get close enough to the difficulty target.

Optional Topics

• Last month’s missed topics
  • Bitcoin without internet: SMS service allows sending BTC with a text
  • Galoy brings synthetic USD to Bitcoin
  • Foundry Makes BTC donation to open source Stratum V2 protocol developer to improve Bitcoin’s proof-of-work mining layer
• Conferences that happened
  • BitBlockBoom 2022 in Austin
  • Baltic Honeybadger 2022 in Riga
• Coinbase in the court room
  • Coinbase faces class action for crashing during volatility, listing securities
  • Brother of ex-Coinbase manager pleads guilty to insider trading charge
  • Coinbase funding lawsuit against Treasury department
• Bitcoin mining hosting provider Compute North has filed for chapter 11 bankruptcy protection in a federal court
• Nigeria to establish special economic zone for Bitcoin/crypto
• Australian federal police forms cryptocurrency unit focused on tracking and seizing funds
• Doctor Bitcoin jailed for selling P2P sats
• U.S. recovers over $30 million in cryptocurrency stolen by North Korean hackers
• IRS says it exposed some confidential taxpayer data on website
• US Senator Wyden: Border agents are searching phones without warrants and storing data for 15 years
• Hosted VPN providers shut down in India over anti-privacy law: India will soon require operators to collect names, emails, and IP addresses
• BitGo adds custodial Lightning support
• Digital Asset exchange EDX Markets launches with backing from leading broker-dealers, global market makers and venture capital firms
• Blockstream blog post “Tapscript: New Opcodes, Reduced Limits and Covenants”
• BlockStream and Sevenlabs launch decentralized Bitcoin exchange
• Trezor Suite v22.9.3 adds coin control
• BIPBounty: Tax deductible bug bounties for Bitcoin
• Credible Confessions: A webapp for writing credible, anonymized information
• Alby releases wallet API