This week’s newsletter summarizes an update to a proposed standard for LN and includes our regular sections about notable changes to services, client software, and popular Bitcoin infrastructure projects.

Action items

None this week.

News

Changes to services and client software

In this monthly feature, we highlight interesting updates to Bitcoin wallets and services.

● Coinbase withdrawal transactions now using batching: Coinbase has rolled out batch withdrawals that they estimate will reduce their load on the Bitcoin network by 50%. Instead of each withdrawal payment generating a single onchain transaction, multiple payments will be combined into a single transaction once every 10 minutes.

● Bitstamp supports bech32: Bitstamp users can now benefit from using native bech32 addresses after the exchange announced support for both bech32 deposits and withdrawals.

● Deribit supports bech32 withdrawals: Deribit announced that its exchange users can now withdraw bitcoins to bech32 native addresses.

Notable code and documentation changes

Notable changes this week in Bitcoin Core, C-Lightning, Eclair, LND, libsecp256k1, Bitcoin Improvement Proposals (BIPs), and Lightning BOLTs.