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0XB10C

Bitcoin Developer
Blog Mempool Observations Projects Talks
☀ requires JS


I’M 0XB10C

I work fulltime on open-source Bitcoin projects and are currently supported by a
Brink.dev Bitcoin Developer Grant. In 2021, Coinbase supported me with a
Coinbase Bitcoin Developer Grant. I run mempool.observer, the Bitcoin
Transaction Monitor, transactionfee.info, the miningpool.observer, an
open-content and educational blog called bitcoin-dev.blog, and have worked on a
lot of other projects over the past years.

I use the GPG key with the fingerprint 982A 193E 3CE0 EED5 35E0 9023 188C BB26
4841 6AD5 and without spacing 982A193E3CE0EED535E09023188CBB2648416AD5. The
public key can be found here and on the ususal key servers. There is also a key
transition notice (February 2021) for a key I previously used. I’m currently
only avaliable for short-term Bitcoin freelance and consulting projects. My main
focus lies on open-source projects.




RECENT ARTICLES

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January 17, 2022

EXTRACTING THE PRIVATE KEY FROM SCHNORR SIGNATURES THAT REUSE A NONCE



Elliott (aka @robot__dreams) posted a Bitcoin-flavored cryptography challenge on
Twitter. The goal is to extract the private key from two Schnorr signatures that
reuse a nonce. I’ve recently reviewed and merged Kalle Rosenbaum’s cross-post of
his Schnorr Basics post to bitcoin-dev.blog. …



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August 30, 2021

USERSPACE, STATICALLY DEFINED TRACING SUPPORT FOR BITCOIN CORE



This report updates on what 0xB10C, Coinbase Crypto Community Fund grant
recipient, has been working on over the first half of his year-long Bitcoin
development grant. This specifically covers his work on Userspace, Statically
Defined Tracing support for Bitcoin Core. This report was published on …



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July 23, 2021

ON ANYONE-CAN-SPEND PAY-TO-TAPROOT OUTPUTS BEFORE ACTIVATION



While working on taproot support for transactionfee.info, it became apparent
that there already exist a few Pay-to-Taproot (P2TR) outputs on mainnet. Anyone
can spend these outputs, but they are non-standard and thus not relayed between
nodes in the Bitcoin peer-to-peer network. However, a mining …



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November 10, 2020

EVOLUTION OF THE SIGNATURE SIZE IN BITCOIN



Digital signatures are an essential building block of the Bitcoin protocol and
account for a large part of the data stored on the blockchain. We detail how the
size of the encoded ECDSA signatures reduced multiple times over the last years
and how the proposed Schnorr signature compares to the …



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July 13, 2020

FOLLOWING THE BLOCKCHAIN.COM FEERATE RECOMMENDATIONS



Transactions sent with Blockchain.com wallets make up for about a third of all
Bitcoin transactions. A methodology to identify these transactions is described
and used. Insights about the wallet-usage are derived from the resulting
dataset. The privacy implications and possible improvements are …



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May 4, 2020

THE DAILY BITMEX BROADCAST AT 13:08 UTC



At around 13:00 UTC every day, BitMEX, a cryptocurrency exchange and derivative
trading platform, broadcasts multiple megabytes of large transactions into the
Bitcoin network. This affects the transaction fees paid during European
afternoons and US business hours. The transaction size could be …



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April 27, 2020

THE STAIR-PATTERN IN TIME-LOCKED BITCOIN TRANSACTIONS



Some of the regularly used Bitcoin wallets, for example, the Bitcoin Core wallet
and the Electrum Bitcoin Wallet, set the locktime of newly constructed
transactions to the current block height. This is as an anti-fee-sniping measure
and visible as a stair-like pattern when plotting time-locked …



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October 10, 2019

FREQUENTLY ASKED QUESTIONS: BITCOIN TRANSACTION MONITOR



The Bitcoin Transaction Monitor provides deeper insights into the usage of the
Bitcoin network by showing transactions by time and feerate. This post answers
frequently asked questions about the Bitcoin Transaction Monitor itself.



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August 4, 2019

THE INCOMPLETE HISTORY OF BITCOIN DEVELOPMENT



To fully understand the rationale behind the current state of Bitcoin
development, knowledge about historical events is essential. This blog post
highlights selected historical events, software releases and bug fixes before
and after Satoshi left the project. It additionally contains a section about …



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June 29, 2019

A LIST OF PUBLIC BITCOIN FEERATE ESTIMATION APIS



My search for a list of public Bitcoin feerate estimation APIs ended without any
real results. Jameson Lopp has a section on feerate estimators on his
bitcoin.page and Antoine Le Calvez’s dashboard txstats.com provides a
visualization of different estimation APIs. But that is not what I was …



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March 18, 2018

PLOTTING THE BITCOIN FEERATE DISTRIBUTION



How did the median Bitcoin feerate evolve from 2013 to 2015? When were the
feerate spikes in 2017? Visualizing the Bitcoin feerate distribution per block
was on my todo list since I’ve started working on the first version of my
mempool.observer project in mid-2017. But acquiring the data …



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December 18, 2017

THE 300 MB DEFAULT MAXMEMPOOL PROBLEM



Unconfirmed transactions are quite a hassle for bitcoin users. I recently came
across an interesting problem which is not the usual “my transaction is stuck”
problem.