Good Morning WO!
Observing BTC 10,760.
More importantly observing BTC protocol getting better and better:
Just announced our Miniscript project website on the bitcoin-dev mailinglist: bitcoin.sipa.be/miniscript/
https://twitter.com/pwuille/status/1163592166062473217In the thread Peter Wuille details some use of this:
In short, it's a way to write (some) Bitcoin scripts in a structured, composable way that allows various kinds of static analysis, generic signing, and compilation of policies.
Imagine a company wants to protect its cold storage funds using a 2-of-3 multisig policy with 3 executives. One of the executives however has a nice 2FA/multisig/timelock based setup on his own. Why can't that entire setup be one of the multisig "participants"?
A lot of work is focused on extensions to the functionality of the blockchain itself to support more complex application, but I feel we're forgetting that using these features in an accessible, composable, analyzable way is basically impossible today.
Bitcoin protocol is getting better.
Better bitcoin protocol means bitcoin is more valuable
Better bitcoin protocol means shitcoins are less valauable!