Bitcoin

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For all bitcoiners, especially those fleeing r/bitcoin

founded 2 years ago
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submitted 2 years ago by steven to c/bitcoin
 
 

For those trying to find a new home after Reddit decided to close their API and r/bitcoin went blank, let's try see if we can make this our new home.

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The Bitcoin development ecosystem has matured significantly. Whether you're building wallets, payment processors, or Lightning apps, here's the essential toolkit that's proven reliable in production.

Core Infrastructure

Bitcoin Core

  • Still the gold standard for full node operations
  • RPC interface for programmatic access
  • bitcoin-cli for testing and development
  • Latest stable: 26.0 with improved P2P and performance

Alternative Implementations

  • btcd (Go) - Great for applications requiring Go integration
  • libbitcoin (C++) - Modular, good for embedded systems
  • bitcoinj (Java) - Mature SPV implementation for mobile/desktop

Development Libraries by Language

JavaScript/Node.js

// bitcoinjs-lib - Most popular, actively maintained
import { networks, payments, Psbt } from 'bitcoinjs-lib';

// For Lightning: ln-service, lnd-grpc
import lnd from 'ln-service';

Python

# bitcoin-python - Clean API for Bitcoin operations
from bitcoin import *

# For advanced scripting: python-bitcoinlib
import bitcoinlib

Rust

// bitcoin crate - Type-safe Bitcoin primitives
use bitcoin::{Network, Address, Transaction};

// For Lightning: rust-lightning (LDK)
use lightning::ln::channelmanager::ChannelManager;

Go

// btcd suite - btcutil, btcwire, etc.
import "github.com/btcsuite/btcd/chaincfg"

// For Lightning: LND (native Go)
import "github.com/lightningnetwork/lnd/lnrpc"

Testing & Development

Regtest Networks

  • Bitcoin Core regtest - Local mining for rapid testing
  • Polar - GUI for Lightning regtest networks
  • Nigiri - Docker containers for Bitcoin/Liquid regtest

Testnet Resources

  • Blockstream Testnet Explorer - https://blockstream.info/testnet/
  • Bitcoin Testnet Faucets - Multiple sources for test coins
  • Mempool.space Testnet - Real-time testnet monitoring

API Services & Infrastructure

Blockchain Data

  • Blockstream API - Reliable, free tier available
  • Mempool.space API - Open source, self-hostable
  • BlockCypher - Good for application development
  • Electrum servers - For SPV wallet backends

Lightning Infrastructure

  • Voltage - Hosted Lightning nodes
  • LNbits - Modular Lightning wallet/payment processor
  • BTCPay Server - Self-hosted payment processing

Security Tools

Transaction Analysis

# Bitcoin Core's analyzepsbt for PSBT debugging
bitcoin-cli analyzepsbt "cHNidP8B..."

# For scripting: btcdeb (Bitcoin Script debugger)
btcdeb --tx=... --txinidx=0

Hardware Integration

  • HWI - Hardware wallet interface (Python)
  • Ledger/Trezor libraries - Direct integration
  • PSBT - Partially Signed Bitcoin Transactions for air-gapped signing

Monitoring & Operations

Node Management

  • Supervisor/systemd - Process management for production
  • Prometheus + Grafana - Metrics collection and visualization
  • Bitcoin Core metrics - Built-in Prometheus endpoints

Lightning Monitoring

  • Lightning Terminal - Comprehensive Lightning node management
  • ThunderHub - Web interface for LND
  • RTL (Ride the Lightning) - Multi-implementation Lightning UI

Recent Trends & Tools

Ordinals & Inscriptions

  • ord - Reference implementation for Ordinals
  • Inscription indexing - Custom infrastructure for Ordinal data

Miniscript

  • Bitcoin Core 26.0+ - Native miniscript support
  • Rust miniscript crate - Policy compilation to Script

Taproot & Schnorr

  • BIP 340/341/342 - Fully activated, production ready
  • MuSig2 - Multi-signature with Schnorr signatures

Development Workflow

Local Setup

# Start regtest environment
bitcoind -regtest -daemon -server

# Generate test blocks
bitcoin-cli -regtest generatetoaddress 101 $(bitcoin-cli -regtest getnewaddress)

# For Lightning testing
polar

CI/CD Integration

  • Docker containers - bitcoind, lnd, c-lightning
  • GitHub Actions - Automated testing against multiple Bitcoin versions
  • Integration tests - Real blockchain interaction testing

Best Practices

  1. Use PSBT for transaction signing workflows
  2. Implement proper fee estimation - Use Bitcoin Core's estimatesmartfee
  3. Handle reorgs gracefully - Don't trust single confirmation
  4. Validate everything - Never trust external transaction data
  5. Use descriptors - Modern wallet standard for script templates

Free Resources

  • bitcoin.org/en/developer-documentation - Official docs
  • bitcoindevs.xyz - Developer-focused Bitcoin content
  • bitcoindev.org - Comprehensive SDK and library directory
  • Programming Bitcoin (Jimmy Song) - Excellent technical book

Production Considerations

  • Fee management - Implement RBF, CPFP strategies
  • Mempool monitoring - Real-time fee estimation
  • Backup strategies - Hierarchical deterministic wallets (BIP 32/39/44)
  • Security audits - Professional review for high-value applications

The Bitcoin development ecosystem is more mature than ever. These tools provide the foundation for building reliable, secure Bitcoin applications in 2024.


Building something interesting with Bitcoin? The community is always happy to help with technical questions.

⚡ For Lightning questions or tips: devtoolkit@coinos.io

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Built a free whale tracker that monitors 7 major exchange cold wallets totaling over $62B in BTC. Shows live balances, mempool fees, and mining pool stats.

All data sourced from mempool.space. No signup, free API, open access.

Live tracker: https://5.78.129.127.nip.io/whales/

Also built a free URL shortener with analytics: https://5.78.129.127.nip.io/s/

Looking for feedback — what other wallets should I add?

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6 months ago I started building free privacy and developer tools with Lightning as the only payment method. No Stripe, no credit cards. Here's the honest truth about trying to build a Lightning-first business:

What I built:

  • Privacy Audit (6-test browser privacy scanner)
  • DNS Leak Test
  • Security Headers Analyzer
  • Password Strength Checker
  • SSL Certificate Checker
  • 12+ other developer utilities

All at devtoolkit.dev

What works:

  • Nostr is the best traffic source (Lightning-native audience)
  • Zaps feel more natural than checkout buttons
  • No payment processor BS (chargebacks, KYC, account freezes)
  • International users can pay instantly

What doesn't work (yet):

  • Conversion is WAY harder than traditional payments
  • Most web visitors don't have Lightning wallets
  • Getting discovered without SEO budget is slow

What I'm learning:

  • Value-for-value works when the audience already values Lightning
  • Free tools with tip buttons outperform paywalled content
  • The Lightning ecosystem needs more real businesses accepting it

Now offering paid services too:

  • Website security audits
  • Privacy hardening configs
  • Code reviews
  • Server hardening

All payable via Lightning to devtoolkit@coinos.io

Anyone else building Lightning-first? What's working for you?

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Two things I built recently that the Bitcoin community might find useful:

Sats Calculator: http://5.78.129.127/sats Real-time USD↔sats conversion with live BTC price. Clean, fast, no ads.

Lightning API Checkout: http://5.78.129.127/checkout/ Developer tools API where paid tiers accept Lightning sats. Scan QR → pay → get API key. No email, no KYC.

The API itself has 28 endpoints (DNS lookups, SSL checks, email validation, crypto prices, QR codes, etc). Free tier is 50 req/day.

The Lightning integration uses Coinos.io for invoice generation and real-time payment verification. Been working reliably for weeks.

devtoolkit@coinos.io

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cross-posted from: https://monero.town/post/5362939

P2P Economy

  • A Peer-to-Peer Electronic Cash System.

As we all know, Bitcoin, the origin of blockchain, is widely recognized as the most decentralized blockchain and the most valuable cryptocurrency. However, few people realize that in the Bitcoin whitepaper, Satoshi Nakamoto never mentioned “blockchain” nor “decentralization.” Instead, he used the term “peer-to-peer” (P2P), even placing it directly in the title — “Bitcoin: A Peer-to-Peer Electronic Cash System.”

A P2P service is a decentralized platform whereby two individuals interact directly with each other without a third-party intermediary. When we return to first principles and rethink what blockchain truly is, one straightforward explanation comes to mind — blockchain is essentially a P2P network.

The truth is, what we refer to as “on-chain” is actually the consensus layer built on top of the P2P network. However, many business processes don’t need to be on-chain and rely on the consensus layer; they can be handled directly at the P2P network layer. For example, if Alice wants to pay Bob, the ideal way would be for Alice to send the money directly to Bob in a peer-to-peer manner rather than through unnecessary intermediaries (e.g., consensus validators or block producers). This approach is not only faster but also naturally provides privacy protection.

Moreover, building applications at the P2P network layer avoids performance bottlenecks and high transaction fees, enabling the creation of truly useful applications that can achieve mass adoption.

  1. The P2P Economy addresses real-world problems with genuine user demand and practical application scenarios (e.g., P2P payment, decentralized storage). This has been thoroughly proven for years rather than being an imaginary need. It can truly create value rather than merely providing tools for speculation.

  2. In the P2P Economy, most business logic does not need to be on-chain, eliminating performance bottlenecks and transaction fee issues. As a result, the user experience is greatly improved, making mass adoption more likely.

  3. The P2P Economy uses stablecoin payments, making it easy for users to understand and convenient for participants to evaluate service costs and revenue. The use of stablecoins also weakens the speculative narrative of token issuance.

👍 Read the entire article: hackernoon.com - p2p economy blockchain renaissance

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submitted 2 years ago* (last edited 2 years ago) by demesisx to c/bitcoin
 
 

cross-posted from: https://infosec.pub/post/16334087

Charles and company made a PGP-encrypted paper wallet. He is calling it the most secure paper wallet in the entire crypto space.

To put his money where his mouth is, anyone who hacks it can keep keep the cash ($1 million dollars worth of USDM) if you can hack it.

Good luck everyone!

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cross-posted from: https://monero.town/post/3546999

Why UTXO Matters: Security, Privacy, and Scalability in BTC Ecosystem

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Can one tweet disrupt financial markets globally? The hacking of the @secgov account this week turned the @bitcoin price upside down and, in the process, has shown us why it is necessary to tread carefully in these digital worlds 👇🏼

https://www.tarlogic.com/blog/cryptocurrency-fraud-social-media-hacking/

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Really great explanation of the monetary history and current situation of #Argentina

I have several Argentinian friends and colleagues and I've recently visited and experienced the currency situation firsthand. It's definitely unique and interesting, but mostly very sad for everyone not savvy enough to find solutions and just see their savings and pensions dwindle before their eyes.

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Anyone interested in #Bitcoin content, there is a #Lemmy community on infosec.pub that you can follow from Mastodon by following this handle: @bitcoin

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submitted 2 years ago by steven to c/bitcoin
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While trying to help a Bitcoin holder who lost their password, researchers at Unciphered discovered a major flaw in the way early Bitcoin wallets had been created.

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submitted 2 years ago* (last edited 2 years ago) by steven to c/bitcoin
 
 

Could this be the cause of the 12% rally last night? Does this mean a US Bitcoin Spot ETF is coming this month?

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is there a roadmap? (self.bitcoin)
submitted 2 years ago by ComradeKhoumrag to c/bitcoin
 
 

Seems like all the scaling upgrades mentioned in the previous roadmap are about done (segwit, lightning network, taproot, schnorr signatures...)

I guess drivechain would be nice to see, but I haven't heard of any updates on that project in a while. Are there any other plans to look forward to?

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submitted 2 years ago by aakselrod to c/bitcoin
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submitted 2 years ago by aakselrod to c/bitcoin
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