Crypto 360°

The US government has launched a lawsuit against Edward Snowden For writing a book and want to block his money. His response:

submitted by /u/simplelifestyle
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Aussie mum charged over $1.7M crypto darknet super scam

submitted by /u/MICKYNewsOz
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source https://www.reddit.com/r/btc/comments/d5rsq5/aussie_mum_charged_over_17m_crypto_darknet_super/

The 12 word wallet recovery sucks. Is there a better way?

Why do all wallets have the 12 word recovery? I never thought of losing my phone but did so a few weeks back. I have the 12 word recovery written down and got my bitcoin.com wallet back. What I didn't realize was that I had created two other wallets and had funds in them but didn't write down the recovery words. I know I know. My bad blah blah blah so foolish etc. But I'm a pretty responsible person who is fascinated by this stuff. If joe blow with a plumber's crack is going to adopt BCH and use it to go pick up a sixer at the packy on Friday afternoon getting funds back needs to be easier. He will write the words down on the back of a pack of Marlboro's and lose it. It's not going in a fireproof safe, a trezor or any other of the suggested places of safe keeping commonly discussed. There will be so many lost satoshis by people not knowing how to recover them because they didn't write the words down.

Is there a way to smooth it out? Simplify it? There's a real opportunity there but I haven't a clue about programming.

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source https://www.reddit.com/r/btc/comments/d5qny0/the_12_word_wallet_recovery_sucks_is_there_a/

CashAssembly—WebAssembly for Bitcoin Cash

At 30:04 @TobiasRuck outlines CashAssembly, which is WebAssembly for Bitcoin Cash.

Translate Script to WebAssembly which can be compiled to machine code. Makes sense for big scripts which are called very frequently as they'll be executed blazingly fast. This could be useful for adding new cryptographic primitives such as ZKSnarks and/or Halo w/out changing consensus all the time.
Can convert WebAssembly to Script. We can write contracts in higher level language, imagine CashScript but amped up, then use powerful tools, like LLVM, to compile to webassembly, which we then compile to script.

We can use existing optimization and debugging tools. Increased safety and convenience for devs. Increased performance for contracts. Attract more smart-contract developers and much more.

I think Nimbus is a really exciting idea and even if we don't go down that path IMO this is the type of innovative thinking which we need to foster for Bitcoin Cash to remain competitive. Kudos to Tobias! 🎩

More info: https://www.youtube.com/watch?time_continue=905&v=vI2JecWwYiA

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source https://www.reddit.com/r/btc/comments/d5ql9p/cashassemblywebassembly_for_bitcoin_cash/