PDX BitDevs Socratic Seminar #37

Announcements

Please join us for our next Socratic Seminar. A special thank you to our host Primal Burger, for the event space. Please support them by buying their delicious food or a beverage.

If you can't make it to the main event please join us at Lutz Tavern around 9PM here.

Special Thanks | Mentions

• Thank you to everyone who shows up each month!

Guess the Nonce is Back

After some OPs engineering we can now host a raffle without getting rugged! Prizes this week ... 🎉 🎁 😊

Rules

• Respect people's privacy
• Chatham House Rules
• Interaction and asking questions are encouraged!

Requests

• A guest speaker for Aug 26 2025
• Artist / Graphic designed to help with branding and web applications
• Revitalize the effort to create our own Portland.BitDevs website

Schedule

• 6:30pm - 7:00pm: Arrive, socialize, and grab some food.
• 7:00pm - 8:30pm: Primary topics discussion.
• 8:00pm - 9:00pm: Overtime discussions about tonights topics or additional user submissions.

Bitcoin Dev News

• Frostsnap Hardware Wallet
  • Sharmir Share Backup
  • Restor Wallet With M/N
  • Based on BDK
  • Early Access (Frostsnap Frontier)
• Gemini Exchange Adds Taproot Support
• Bitcoin Core Diskfilling Logs Attack Mitigation
  • 1MB per source maximum
  • After that truncates with ...
• Cluster Mempool Reorg Support
  • A bunch of Transctions could be reorged back into the mempool cuasing too large of a cluster
  • Now accounts for this
  • Removes as a DoS vector
• Descriptor Encoding Compression
  • Uses bech32 to reduce the number of Bits needed to represent a descritpor when transmitting thorough a QR Code
• Taproot Control Block Data Store?
  • Using the merkle pairs it's possible to encode a payload into the taproot control block
• Sub 1 sat/vBtye Summer is here
  • Over 50% of hashrate is now mining sub 1 sat/vByte transactions
• Mempool.space displays sub 1 sat/vByte Txns
  • Baha Blast Green Color
  • Official Post
• CoinDCX Indian Exchange Hacked 44MM