“Governments, if they endure, always tend increasingly to the aristocratic. No government in history has been known to evade this pattern. And as the aristocracy develops, government tends to act more and more exclusively in the interest of the ruling class, whether that class be hereditary royalty or oligarchs of financial empires or entrenched bureaucracy.” - Politics as Repeat Phenomenon, (Bene Geserit training manual) From Frank Herbert’s “Children of Dune”

If you're in Austin at the end of the month, definitely try and make it to the highest signal-to-noise ratio conference of the [Northern Hemisphere] Spring time! I'll be leading a discussion about all things fee management: current landscape, challenges (esp related to L2s) and next gen proposals on how to fix them https://iris.to/note1jp06g28s77qyu2eyg5u8xcl24rgpw7vhq9l72qx5frx49tpr8gssjh3t3l

So what’s the AI bot du jour for helping put together a slideshow presentation?

We've been working on a lot of important things at Unchained but it's been a while since we've been able to give open source as much resources as we would have liked. Really excited and proud of the set of features we're announcing this week supporting Ledger 2.0 wallet policy registration. This is not just about new features for Unchained clients, but also for the ecosystem. Caravan now has the ability to persist Ledger policy registrations, which is an improvement for security and usability. Ledger users can now verify addresses on their device. Any other coordinators that support the config file serialization can also use the registrations. We also released the first (to our knowledge) PSBTv2 tooling in JavaScript as part of this as Ledger 2.0 only accepts the newer encoding. And our HWI-like library for interfacing with signing devices has drop-in backwards and forwards compatible support for all new Ledger interactions: registrations, address verification, and signing with registrations. Checkout the blog post for all the details on the update!

Bolstering multisig security with support for Ledger 2.0 wallet registration - Unchained

Explore how Unchained leverages Ledger's new bitcoin app features to enhance multisig wallet security while reducing complexity. Learn about Ledger...

The crazy thing about not being on Twitter is that it took me almost two days to really hear about the second largest bank failure in US history, and that was only after my wife asked me about it after seeing it on her Twitter feed for the past two days.

Seeing as how Twitter still hasn't repealed my suspension nearly a half-year in, here's a repost of the timeline of my very strange suspension in which no rules were violated and I remain banned in a post-Elon takeover world. https://medium.com/@BuckPerley/tweet-sized-reflections-on-a-twitter-suspension-24c7f6368418

Always interesting to see volatile fee markets through the lens of txfees.watch alerts. While there's been a lot of movement, the average still seems to be relatively low even with actually full blocks, moving above and below 10 sats/vbyte a couple times a day for the past week.

I feel like 2023 has been the year where we found out how many bitcoiners are actually totally cool with financial censorship. Many are only just now finding justifications that they find "reasonable", which is of course how all aspiring censorship starts out.