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Perth BitDevs

Thursday 7 May 2026 · 6pm · Rocky Ridge, Burswood
NOTE The topic summaries for this month were generated with the assistance of AI and may contain errors.
In Brief
INDOPACOMIranSolo MinerSquareLitecoinLightningVegas
News Roundup — 7 Items in Brief
  • US Military runs a Bitcoin node — Adm. Paparo, INDOPACOM, Apr 21 Senate testimony
  • Iran approves $1/bbl Hormuz toll in BTC/yuan; meanwhile Iran's hashrate collapses 77%
  • Solo miner at 70 TH/s wins block 944,306 — full 3.128 BTC reward
  • Square / Block auto-enables Bitcoin Lightning for millions of US sellers
  • Litecoin 13-block reorg via MWEB bug — disclosure-timing controversy
  • Lightning briefs — CLN splicing GA, LDK zero-fee, onion-msg DoS work
  • Vegas Money — Tether-proposed XXI + Strike + Elektron 3-way merger (Apr 29)
BIP-110 & the Data-Carrier Debate
BIP-110
BIP-110 — Status, Signaling & Discourse
  • Knots PR #238 APPROVED by Luke Dashjr (May 1) — not yet merged
  • RDTS_CONSENT build-time consent gate (PRs #256, #289)
  • Signaling stalled <0.20% against a 55% threshold
  • Ocean hashrate 14.5 → 22.75 EH/s; signaling didn't follow
  • Bitprojects' 3,000-node Sybil reveal (Mar 31) + reported ~30k late-April drop
  • MIT Expo & Bitcoin 2026 voices: Saylor, Back, Bailey, Murch, Lopp, Riard, Wang Chun, Cuny
Quantum
Quantum
Quantum Update
  • Resource estimates falling: 1,333 logical / <500K physical qubits for ECDLP
  • Project Eleven's 1 BTC Q-Day Prize (Apr 24) — debunked as classical noise
  • Six migration buckets: BIP-361, Hourglass V2, BitMEX Canary, PACTs, QSB, Quip
  • Presidio's "Quantum Readiness v1" publication
  • Wire-layer front: BIP-324 PQ extensions (roasbeef)
  • Voices: Coinbase, Saylor, a Nobel laureate
Governance
Governance
Governance
  • Murch's RFC to refresh the BIP-Editor team (bitcoindev, Apr 22)
  • "The Lever" — Article 2 of "The Capture" (Citadel21, Apr 29) + named-subject right-of-reply
  • Falco's "Stakeholder Equilibrium" brief & merge-share data (fanquake 65%)
  • Bitcoin Core process — v31.0 release (Apr 19/20), GitLab-backups thread reactivated
  • Governance signals from Bitcoin 2026 Las Vegas (Apr 27–29) — Patel, Blanche, "Code & Country"
Alternative Implementations
ProductionReadyLibbitcoinHornet
Alt-Client Watch — Three Projects, Three Theses
  • Song's ProductionReady promo pitched as "conservative · no drama · we listen" — pushback from Luke Dashjr and others
  • Libbitcoin v4 still pre-release; latest tag v3.8.0, Sparrow/Stratum connection layer in flight
  • Hornet (Toby Sharp): consensus as an executable spec + Hornet DSL
  • Hornet's public artefacts: arxiv paper plus updates — no source code released yet
Security & Network
BisqAI-Assisted?
Bisq v1 Trade Protocol Exploited
  • May 1 — modified-client attack drained available BTC-sell offers on Bisq v1
  • Bisq's own assessment: "likely AI-assisted"
  • Trading halted via forced-version (required v2.0.0 — doesn't exist)
  • Reimbursement: BTC or BSQ, under evaluation
  • Bisq 2 (different protocol design) unaffected
Hard ForkDrivechains
Sztorc's eCash Hard Fork at Block 964,000
  • Sibling chain at block 964,000 (~Aug 2026)
  • Replicates Bitcoin's history, diverges with Drivechains active by default
  • BIP-300 (peg) + BIP-301 (merged mining) refresher
  • Controversial: ~1.1M BTC from Satoshi's dormant addresses allocated on the new chain
  • Pre-fork backers offered less than half of that allocation
Protocol Development
BIPsRecent
New BIPs Roundup
  • Eight recent BIPs; five landed since the April BitDevs
  • BIP-440 / 441 — Great Script Restoration (Russell + Moik)
  • New tapscript opcodes: 442 OP_PAIRCOMMIT, 446 OP_TEMPLATEHASH, 448 Bindable Tx
  • Operational: 376 (Silent Payments PSBTs), 451 (Dust UTXO Disposal — May 6)
  • Cross-ref: BIP-361 on the quantum page
Community
Bush Bash2026 Schedule
Australian Bitcoin Bush Bash 2026
  • Beechworth, VIC — 13–15 March (past)
  • Byron Bay, NSW — 15–17 May (next)
  • Palm Cove, QLD — 24–26 July
  • Busselton, WA — Oct/Nov (expected)
  • Parkes, NSW — November (expected)
Schedule