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July 2025

Perth BitDevs

Thursday 3rd July, 6pm · Phat Brew Club, City West
Topics Discussed
12 topics
@anonymous

Zeus Wallet Upgrade

Zeus wallet v0.11.1 released with new features and improvements.

@humansinstitute

Perth Bloke Launches NostrMQ

NostrMQ is a new messaging queue protocol built on Nostr. Example use case: Mongo By Relays - no hosting, no API layer, ephemeral keys for encrypted responses.

@NoSandMan

The Filter Wars Continue

Aeon BTC decides to ban their node from connecting to Knots nodes and publishes a "Know Knots node list" so others can do the same. Gmax sees issues with the ban list potentially creating network splits and suggests the list only be used for outbound peers.

Filter wars context
@NoSandMan

Node Fingerprint Attack

Daniela Brozzoni posted to Delving Bitcoin about research into identifying the same node on multiple networks using addr messages. Nodes send addr messages to advertise other potential nodes, but the researchers were able to fingerprint individual nodes using details from their specific address messages, allowing them to identify the same node running on multiple networks (such as IPv4 and Tor). Suggested mitigations include removing timestamps from address messages or randomizing them slightly.

@NoSandMan

Time to Talk About Forking: CTV & CSFS

70 developers signed a letter supporting CTV (OP_CHECKTEMPLATEVERIFY, BIP-119) and CSFS (OP_CHECKSIGFROMSTACK, BIP-348). O’Beirne posted the letter to the mailing list. Antoine Poinsot and Greg Sanders started their own CTV discussion thread. Open question: OP_NOP4 and legacy script, or OP_SUCCESS and Tapscript only?

@NoSandMan

BitVM3 and Garbled Circuits

New BitVM3 proposal using garbled circuits for off-chain computation verification on Bitcoin.

BitVM3 diagram 1 BitVM3 diagram 2
@NoSandMan

Descriptor Encrypt

Josh Doman announced a Rust library that deterministically encrypts wallet descriptors so they can only be decrypted by the set of keys that can spend the funds. This enables secure public backups where sensitive wallet information needs to remain hidden from unauthorized parties.

@3Jack1

Bitcoin Treasury Update

Bitcoin entities have increased holdings by 18% in 2025. Major moves include Strategy’s $84B capital raise plan, Trump Media planning to raise $2.5B, Green Minerals (Norway) purchasing $1.2B, GameStop’s $513M Bitcoin purchase, Metaplanet’s goal of holding 210,000 BTC by 2027, Twenty One Capital launching with over 42,000 BTC, and many more corporate treasury strategies.

Bitcoin treasury holdings chart
@deadmanoz

Ashigaru Whirlpool Released

The Ashigaru Open Source Project has released Ashigaru Whirlpool, a version of Samourai Wallet’s Whirlpool, allowing users to coinjoin again. Alongside the coordinator code, the project has launched a desktop client terminal application (available on Linux, macOS, and Windows), forked from Sparrow Terminal.

@deadmanoz

Frostsnap Released

The first hardware wallet that is not a trusted third party. Frostsnap devices are not trusted to generate keys on their own - they involve your phone or laptop in sensitive operations to disrupt any possibility of device attacks. Built on FROST (Flexible Round-Optimised Schnorr Threshold), which enables true t-of-n thresholds. Unlike MuSig/MuSig2 where all participants must be online, FROST allows any subset of t participants to sign. Distributed Key Generation ensures every participant contributes equally without a trusted dealer.

Frostsnap overview FROST diagram 1 FROST diagram 2
@NoSandMan

Frostsnap Additional Context

Additional diagrams and reference material for the Frostsnap discussion.

Frostsnap context 1 Frostsnap context 2
@deadmanoz

Wallets Using Spark

Spark is an off-chain scaling solution built on top of Statechains. Wallet of Satoshi’s new "non-custodial" version is built on Spark. Blitz Wallet integrates Bitcoin Lightning Network, Liquid sidechain, and eCash to balance trade-offs and make self-custodial payments easier. The new Breez SDK is also built on Spark’s L2. Blitz introduces a "custodial ladder" to help users transition to full self-custody at their own pace.