Computing on Bitcoin #01
August 17, 2024 - Welcome to the first official Fairgate Weekly newsletter
Hey everyone, main idea is to share with everyone the most interesting articles we've read throughout the week, focusing on Fairgate's projects news and industry updates.
Hope you enjoy this week's selection, and please susbcribe if you do!
Bitlayer discusses adaptor signatures, a cryptographic technique that enables cross-chain atomic swaps by allowing conditional payments across different blockchains as an important complement to the BitVM cross-chain bridge.
Bitlayer Blog
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Adaptor Signatures and Its Application to Cross-Chain Atomic Swaps
Introduction With the rapid development of Bitcoin Layer2 scaling solutions, the frequency of cross-chain asset transfers between Bitcoin and its corresponding Layer2 networks has significantly increased.
An article from Rootstock Labs on how Lamport and Winternitz signatures can be used in BitVM and BitVMX to enable stateful Bitcoin scripts and protect against different types of attacks and ensures that all operations work correctly.
Rootstocklabs
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Exploring Lamport and Winternitz Signatures for Stateful Bitcoin Scripts
This article will look into what Lamport and Winternitz signatures are, how the latter extends the former, and how they are used in BitVM.
And on an unrelated note, kudos to Robin Linus for the disclosure report on a potential attack called 'Dark Skippy' that targets Bitcoin hardware wallets.
Cointelegraph
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‘Dark Skippy’ method can steal Bitcoin hardware wallet keys
This article will look into what Lamport and Winternitz signatures are, how the latter extends the former, and how they are used in BitVM.
That's it for our first edition! Hope you found it useful and please susbcribe if you do, see you in a week!
Fairgate Team