Sandipan sandipndev

This gist demonstrates how to create a bitcoind wallet that is based on pay to taproot (P2TR) descriptors.

Tools used:

docker with image bitcoindevkit/bitcoind:v22.0rc2
bitcoin dev kit cli, bdk-cli

About bech32 vs bech32m addresses

Steps:

Create aliases to work with bitcoind docker image

Design for a CoinSwap Implementation for Massively Improving Bitcoin Privacy and Fungibility

25/5/2020

Abstract

Imagine a future where a user Alice has bitcoins and wants to send them with maximal privacy, so she creates a special kind of transaction. For anyone looking at the blockchain her transaction appears completely normal with her coins seemingly going from address A to address B. But in reality her coins end up in address Z which is entirely unconnected to either A or B.

Now imagine another user, Carol, who isn't too bothered by privacy and sends her bitcoin using a regular wallet which exists today. But because Carol's transaction looks exactly the same as Alice's, anybody analyzing the blockchain must now deal with the possibility that Carol's transaction actually sent her coins to a totally unconnected address. So Carol's privacy is improved even though she didn't change her behaviour, and perhaps had never even heard of this software.

Node.js Deployment

Steps to deploy a Node.js app to DigitalOcean using PM2, NGINX as a reverse proxy and an SSL from LetsEncrypt

1. Sign up for Digital Ocean

If you use the referal link below, you get $10 free (1 or 2 months) https://m.do.co/c/5424d440c63a

2. Create a droplet and log in via ssh

I will be using the root user, but would suggest creating a new user

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