Newsletters: add 297 (2024-04-10)

_posts/en/newsletters/2024-04-10-newsletter.md

@@ -0,0 +1,284 @@
+---
+title: 'Bitcoin Optech Newsletter #297'
+permalink: /en/newsletters/2024/04/10/
+name: 2024-04-10-newsletter
+slug: 2024-04-10-newsletter
+type: newsletter
+layout: newsletter
+lang: en
+---
+This week's newsletter announces a new domain-specific language for
+experimenting with contract protocols, summarizes a discussion about
+modifying BIP editor responsibilities, and describes proposals to reset
+and modify testnet.  Also included are our regular sections with the
+summary of a Bitcoin Core PR Review Club meeting, announcements of new
+releases and release candidates, and descriptions of notable changes to
+popular Bitcoin infrastructure software.
+
+## News
+
+- **DSL for experimenting with contracts:** Kulpreet Singh
+  [posted][singh dsl] to Delving Bitcoin about a domain-specific
+  language (DSL) he's working on for Bitcoin.  The language makes it
+  easy to specify the operations that should be performed as part of a
+  contract protocol.  This can make it easy to quickly execute the
+  contract in a testing environment to ensure it behaves as expected,
+  allowing fast iteration on new ideas for contracts and providing a
+  baseline against which later full-fledged software can be developed.
+
+  Robin Linus [replied][linus dsl] with a link to a somewhat similar
+  project to allow a higher-level language to describe a contract
+  protocol that will be compiled down to the necessary operations and
+  low-level code to execute that protocol.  This work is being done as
+  part of enhancing [BitVM][topic acc].
+
+- **Updating BIP2:** Tim Ruffing [posted][ruffing bip2] to the
+  Bitcoin-Dev mailing list about updating [BIP2][], which specifies the
+  current process for adding new BIPs and updating
+  existing BIPs.  Several problems with the current process mentioned by
+  Ruffing and others included:
+
+    - *Editorial evaluation and discretion:* how much effort should BIP
+      editors be required to expend on ensuring new BIPs are high
+      quality and focused on Bitcoin?  Separately, how much discretion
+      should they have in being able to reject new BIPs?  Ruffing and
+      several others mentioned that they'd prefer minimizing editorial
+      requirements and privileges, perhaps depending on BIP editors
+      only to prevent systemic abuse (e.g. mass spamming).  Of course,
+      BIP editors---like any other community members---would be able to
+      voluntarily suggest improvements to any BIP proposals they found
+      interesting.
+
+    - *Licensing:* some allowed licenses for BIPs are designed for
+      software and may not make sense for documentation.
+
+    - *Comments:* as a change from [BIP1][], BIP2 attempted to provide a
+      place for community feedback on each BIP.  This has not been
+      widely used and the results have been controversial.
+
+  The idea of updating BIP2 was still being discussed at the time of
+  writing.
+
+  In a separate but related discussion, the nomination and advocacy for
+  new BIP editors mentioned in [last week's newsletter][news296 editors]
+  has been [extended][erhardt editors] to the UTC end of day on Friday,
+  April 19th.  It is hoped that the new editors will receive merge
+  access by the end of the day on the following Monday.
+
+- **Discussion about resetting and modifying testnet:** Jameson Lopp
+  [posted][lopp testnet] to the Bitcoin-Dev mailing list about problems
+  with the current public Bitcoin testnet (testnet3) and suggested
+  restarting it, potentially with a different set of special-case
+  consensus rules.
+
+  Previous versions of testnet had to be restarted when some people
+  began assigning economic value to testnet coins, resulting in them
+  becoming hard to acquire for free for people who wanted to perform
+  actual testing.  Lopp provided evidence of that happening again and
+  also described the well-known problem of block flooding due to
+  exploitation of testnet's custom difficulty adjustment algorithm.
+  Multiple people discussed potential changes to testnet to address that
+  and other problems, although at least one respondent [preferred][kim
+  testnet] allowing problems to continue as it made for interesting
+  testing.
+
+## Bitcoin Core PR Review Club
+
+*In this monthly section, we summarize a recent [Bitcoin Core PR Review
+Club][] meeting, highlighting some of the important questions and
+answers.  Click on a question below to see a summary of the answer from
+the meeting.*
+
+FIXME:stickies-v
+
+{% include functions/details-list.md
+  q0="FIXME"
+  a0="FIXME"
+  a0link="https://bitcoincore.reviews/bitcoin-inquisition-39#l-46FIXME"
+%}
+
+## Releases and release candidates
+
+*New releases and release candidates for popular Bitcoin infrastructure
+projects.  Please consider upgrading to new releases or helping to test
+release candidates.*
+
+- [HWI 3.0.0][] is a release of the next version of this package
+  providing a common interface to multiple different hardware signing
+  devices.  The only significant change in this release is that emulated
+  hardware wallets will no longer be automatically detected; see the
+  description of [HWI #729][] below for details.
+
+- [Core Lightning 24.02.2][] is a maintenance release that fixes "a
+  [small incompatibility][core lightning #7174]" between Core Lightning's
+  and LDK's implementation of a particular part of the LN gossip
+  protocol.
+
+- [Bitcoin Core 27.0rc1][] is a release candidate for the next major
+  version of the network's predominant full node implementation.
+  Testers are encouraged to review the list of [suggested testing
+  topics][bcc testing].
+
+
+## Notable code and documentation changes
+
+_Notable recent changes in [Bitcoin Core][bitcoin core repo], [Core
+Lightning][core lightning repo], [Eclair][eclair repo], [LDK][ldk repo],
+[LND][lnd repo], [libsecp256k1][libsecp256k1 repo], [Hardware Wallet
+Interface (HWI)][hwi repo], [Rust Bitcoin][rust bitcoin repo], [BTCPay
+Server][btcpay server repo], [BDK][bdk repo], [Bitcoin Improvement
+Proposals (BIPs)][bips repo], [Lightning BOLTs][bolts repo],
+[Bitcoin Inquisition][bitcoin inquisition repo], and [BINANAs][binana
+repo]._
+
+*Note: the commits to Bitcoin Core mentioned below apply to its master
+development branch and so those changes will likely not be released
+until about six months after the release of the upcoming version 27.*
+
+- [Bitcoin Core #29648][] removes libconsensus after it was previously
+  deprecated (see [Newsletter #288][news288 libconsensus]).
+  Libconsensus was an attempt to make Bitcoin Core's consensus logic
+  usable in other software.  However, the library hasn't seen any
+  significant adoption and it has become a burden on maintenance of
+  Bitcoin Core.
+
+- [Bitcoin Core #29130][] adds two new RPCs.  The first will generate a
+  [descriptor][topic descriptors] for a user based on the settings they want and then add
+  that descriptor to their wallet.  For example, the following command
+  will add support for [taproot][topic taproot] to an old wallet created
+  without that support:
+
+  ```
+  bitcoin-cli --rpcwallet=mywallet createwalletdescriptor bech32m
+  ```
+
+  The second RPC is `gethdkeys` (get [HD][topic bip32] keys), which will
+  return each xpub used by the wallet and (optionally) also each xpriv.
+  When a wallet contains multiple xpubs, the particular one to use can
+  be indicated when calling `createwalletdescriptor`.
+
+- [LND #8159][] and [#8160][lnd #8160] add experimental (disabled by
+  default) support for sending payments to [blinded routes][topic rv
+  routing].  A [follow-up PR][lnd #8485] is expected to add complete
+  error handling for failed blinded payments.
+
+- [LND #8515][] updates multiple RPCs to accept the name of the [coin
+  selection strategy][topic coin selection] to be used.  See [Newsletter
+  #292][news292 lndcs] for the previous improvements to the flexibility
+  of LND's coin selection that this PR builds upon.
+
+- [LND #6703][] and [#6934][lnd #6934] add support for inbound routing
+  fees.  A node can already advertise the cost it will charge to forward
+  a payment through a particular outbound channel.  For example, Carol
+  might advertise that she will only forward payments to her channel
+  peer Dan if the payments offer 0.1% of their value to her.  If that
+  lowers the average number of satoshis (sats) per minute that Carol
+  forwards to Dan below the average amount he forwards to her,
+  eventually all of the channel balance will end up on Carol's side,
+  preventing Dan from being able to forward more payments to her,
+  reducing both of their revenue potentials.  To prevent that, Carol
+  might lower her outbound forwarding fee to Dan to 0.05%.  Similarly,
+  if Carol's lower outbound forwarding fee to Dan results in her
+  forwarding more sats per minute to him than he forwards to her, all of
+  the balance might end up on his side of the channel, also preventing
+  additional forwarding and revenue earning; in that case, Carol can
+  raise her outbound fees.
+
+  However, outbound fees only apply to outbound channels.  Carol is
+  offering to charge the same fee regardless of what channel she
+  receives the payment over; for example, she charges the same rate
+  whether she receives the payment from either of her channel peers
+  Alice or Bob:
+
+  ```
+  Alice -> Carol -> Dan
+  Bob -> Carol -> Dan
+  ```
+
+  This makes sense since the base LN protocol doesn't pay Carol for
+  receiving a forwarding request from Alice or Bob.  Alice and Bob can
+  set outbound fees for their channels to Carol, and it's up to them to
+  set fees that help keep the channels liquid.  Similarly, Carol can
+  adjust her fees for outbound payments to Alice and Bob (e.g. `Dan ->
+  Carol -> Bob`) to help manage liquidity.
+
+  However, Carol may want more control over policies that affect her.
+  For example, if Alice's node is poorly managed, she might frequently
+  forward payments to Carol without many people later wanting to forward
+  payments from Carol to Alice.  That would eventually end with all the
+  funds in their channel ending up on Carol's side, preventing further
+  payments in that direction.  Before this PR, there was nothing Carol
+  could do about that, except close her channel with Alice before it
+  wasted too much of the value of Carol's capital.
+
+  With this PR, Carol can now also charge an _inbound forwarding fee_
+  that is specific to each channel.  For example, she might charge a
+  high fee for payments arriving inbound from Alice's problematic node
+  but a lower fee for payments arriving inbound from Bob's highly liquid
+  node.  Initial inbound fees are expected to always be negative to make
+  them backward compatible with older nodes that don't understand
+  inbound fees; for example, Carol might give a 10% fee discount on
+  payments forwarded by Bob and a 0% discount on payments forwarded by
+  Alice.
+
+  The fees are assessed simultaneously with the outbound fees.  For
+  example, when Alice offers a payment to Carol for forwarding to Dan,
+  Carol calculates the original `dan_outbound` fee, calculates the new
+  `alice_inbound` fee, and ensures the forwarded payment offers her at
+  least the sum of both.  Otherwise, she rejects the [HTLC][topic htlc].
+  Since the initial inbound fees are always expected to be negative,
+  Carol won't reject any payments that pay sufficient outbound fees, but
+  any node that's now aware of inbound fees may be able to receive a
+  discount.
+
+  Inbound routing fees were first [proposed][bolts #835] about three
+  years ago, [discussed][jager inbound] on the Lightning-Dev mailing
+  list about two years ago, and documented in draft [BLIPs #18][]
+  also about two years ago.  Since its initial proposal, several
+  maintainers of LN implementations besides LND have opposed it.  Some
+  have opposed it on [principle][teinturier bolts835]; others have
+  opposed its design as being [overly specific to LND][corallo overly
+  specific] rather than a local and generic upgrade that can immediately
+  use positive inbound forwarding fees and doesn't require global
+  advertisement of additional fee details for each channel.  An
+  alternative approach is proposed in draft [BLIPs #22][].  We're only
+  aware of one maintainer of a non-LND implementation
+  [indicating][corallo free money] that they'll adopt LND's method---and
+  only in cases where negative inbound forwarding fees are offered, as
+  that's "free money for our users."
+
+- [Rust Bitcoin #2652][] changes what public key is returned by the API
+  when signing a [taproot][topic taproot] input as part of processing a
+  [PSBT][topic psbt].  Previously, the API returned the public key for
+  the signing private key.  However, the PR notes that "it is common to
+  think of the internal key as being the one that signs even though this
+  is not technically true. We also have the internal key in the PSBT."
+  With the merge of this PR, the now API returns the internal key.
+
+- [HWI #729][] stops automatically enumerating and using device
+  emulators.  Emulators are mainly used by developers of HWI and
+  hardware wallets, but attempting to automatically detect them may
+  cause issues for regular users.  Developers who do want to work with
+  emulators now need to pass an additional `--emulators` option.
+
+{% assign day_after_posting = page.date | date: "%s" | plus: 86400 | date: "%Y-%m-%d 16:00" %}
+{% include snippets/recap-ad.md when=day_after_posting %}
+{% include references.md %}
+{% include linkers/issues.md v=2 issues="729,29648,29130,8159,8160,8485,8515,6703,6934,835,18,22,2652,7174" %}
+[bcc testing]: https://github.com/bitcoin-core/bitcoin-devwiki/wiki/27.0-Release-Candidate-Testing-Guide
+[Bitcoin Core 27.0rc1]: https://bitcoincore.org/bin/bitcoin-core-27.0/test.rc1/
+[HWI 3.0.0]: https://github.com/bitcoin-core/HWI/releases/tag/3.0.0
+[Core Lightning 24.02.2]: https://github.com/ElementsProject/lightning/releases/tag/v24.02.2
+[news292 lndcs]: /en/newsletters/2024/03/06/#lnd-8378
+[news288 libconsensus]: /en/newsletters/2024/02/07/#bitcoin-core-29189
+[teinturier bolts835]: https://github.com/lightning/bolts/issues/835#issuecomment-764779287
+[corallo free money]: https://github.com/lightning/blips/pull/18#issuecomment-1304319234
+[corallo overly specific]: https://github.com/lightningnetwork/lnd/pull/6703#issuecomment-1374694283
+[jager inbound]: https://lists.linuxfoundation.org/pipermail/lightning-dev/2022-July/003643.html
+[singh dsl]: https://delvingbitcoin.org/t/dsl-for-experimenting-with-contracts/748
+[linus dsl]: https://delvingbitcoin.org/t/dsl-for-experimenting-with-contracts/748/4
+[ruffing bip2]: https://gnusha.org/pi/bitcoindev/59fa94cea6f70e02b1ce0da07ae230670730171c.camel@timruffing.de/
+[news296 editors]: /en/newsletters/2024/04/03/#choosing-new-bip-editors
+[erhardt editors]: https://gnusha.org/pi/bitcoindev/c304a456-b15f-4544-8f86-d4a17fb0aa8c@murch.one/
+[lopp testnet]: https://gnusha.org/pi/bitcoindev/CADL_X_eXjbRFROuJU0b336vPVy5Q2RJvhcx64NSNPH-3fDCUfw@mail.gmail.com/
+[kim testnet]: https://gnusha.org/pi/bitcoindev/950b875a-e430-4bd8-870d-f9a9fab2493an@googlegroups.com/

_topics/en/acc.md

@@ -43,6 +43,9 @@ optech_mentions:
   - title: Sending and receiving ecash using LN and ZKCPs
     url: /en/newsletters/2024/02/28/#sending-and-receiving-ecash-using-ln-and-zkcps
 
+  - title: "Development of domain-specific languages for smart contracting, including with BitVM"
+    url: /en/newsletters/2024/04/10/#dsl-for-experimenting-with-contracts
+
 ## Optional.  Same format as "primary_sources" above
 see_also:
   - title: "Merklize All The Things (MATT)"

_topics/en/coin-selection.md

@@ -78,6 +78,9 @@ optech_mentions:
   - title: "LND #8378 makes several improvements to LND’s coin selection features"
     url: /en/newsletters/2024/03/06/#lnd-8378
 
+  - title: "LND #8515 updates multiple RPCs to accept the name of the coin selection strategy to be used"
+    url: /en/newsletters/2024/04/10/#lnd-8515
+
 ## Optional.  Same format as "primary_sources" above
 see_also:
   - title: An Evaluation of Coin Selection Strategies

_topics/en/rendez-vous-routing.md

@@ -83,6 +83,9 @@ optech_mentions:
   - title: "Eclair #2811 allows trampoline payments to use a blinded path for the ultimate receiver"
     url: /en/newsletters/2024/01/31/#eclair-2811
 
+  - title: "LND #8159 and #8160 add experimental support for sending payments to blinded routes"
+    url: /en/newsletters/2024/04/10/#lnd-8159
+
 ## Optional.  Same format as "primary_sources" above
 see_also:
   - title: Unannounced channels

_topics/en/taproot.md

@@ -242,6 +242,9 @@ optech_mentions:
   - title: "Taproot massively reduces worst case bandwidth for malleablity protection in contract protocols"
     url: /en/newsletters/2024/02/07/#requirement-to-verify-inputs-use-segwit-in-protocols-vulnerable-to-txid-malleability
 
+  - title: "Rust Bitcoin #2652 begins returning the internal taproot key when signing for a taproot input"
+    url: /en/newsletters/2024/04/10/#rust-bitcoin-2652
+
 ## Optional
 see_also:
   - title: MAST