In fact, you can trade Bitcoin with little to no losses as you can exit as soon you see it coming to you with the help of technical analysis. You are solely responsible for your investment decisions and Binance Academy is not liable for any losses you may incur. In non-zero-sum games, participants’ gains and losses do not have to be balanced by those of other participants. You have to persist it to disc, you have to write it somewhere, where if you look at like the MuSig API, they say don’t persist this. So, we need to change that, because we need to allow taproot, which means allowing also input, especially if we use MuSig2; we don’t want to reveal the internal keys. The sender doesn’t need to know or trust the receiver or vice versa. For blinded paths, it appears the receiver can provide any necessary credentials in an encrypted form without introducing a secondary vulnerability
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Anyone who has the private key to a bitcoin wallet can authorize transfers to other wallets. This is the main issue here, in my opinion, where you’re basically holding on extra key material. The main question that we had during the Summit is that there’s work when the current proposal spends the MuSig2 output for both commitment transactions and splices and mutual closes, which means that we have to manage nonce-state, MuSig2 nonce-state in many places, and it’s potentially dangerous because managing those nonces correctly is really important for security. So, if you want to learn more about that topic, https://www.binance.com/ it’s not too long, something like an hour or so, walking through all the details of that proposal. It’s a long-term passive play where investors purchase the asset and then leave it alone, regardless of market conditions. But I don’t think we’ll allow you to have any kind of multiplier, because one of the other ideas was that you could also just announce some UTXOs that you own, with the proof that you own them, with a total value of, for example, 2 bitcoin, and then that would grant you the ability to announce up to X times that in channels without having to point to any specific onchain
t.

For LN-Symmetry, I didn’t have to pull this around because there’s no penalties, so I just, in memory, hold these nonces and then complete signatures just in time. For the LN-Symmetry, I did the MuSig nonces for everything. I didn’t think it was too bad, but the one key difference here is that for the payment channels with penalties as currently designed, it’s necessitating that you store these secret nonces forever until channel close. And this way, you don’t have to exchange nonces for the MuSig2 output and only the mutual closing and maybe the splices, probably the splices as well, would use the MuSig2 spend path. We don’t know exactly how we would do that, those proofs, and how we would make sure that those proofs cannot be reused, how we would track channel closing differently than just watching onchain. And that would be nice, very nice for privacy, but it’s hard to decide what the multiplier would be, it’s hard to decide how we will make the proofs and how we will make sure that the proofs cannot be reused. And they’re going to be tweaked at every hop, which means that even if you have multiple nodes that are on the path of the same payment, it’s not going to be payment hash, you’re going to see a different point, a different secret
n both nodes.

And right now, it’s going to use the same payment hash with all these nodes, which means that if someone owns two of the nodes in the path, they are learning information, and this is bad for privacy. Not only does it offer you more liquidity, but it is a P2P platform that is also somewhat flexible in its payment options as it allows the user to make trades using debit and credit cards and via FIAT. The idea behind redundant overpayments is that when you are trying to send a big payment across the network, you’re usually going to split it across multiple routes because you won’t be able to find a single route that will be able to carry that whole payment in one go. So, this is a very nice improvement and it also opens the door to creating more things on top of normal payments like redundant overpayments.