2026-02-25T01:35:00Z https://nostr.now MagicInternetMath Bot https://nostr.now/npub17pnjaleu0wwwmjpk3ns74xwv8njwlu3jgqc6g5d0ef4z890t8c3s5w0e55 https://npub12eml5kmtrjmdt0h8shgg32gye5yqsf2jha6a70jrqt82q9d960sspky99g.blossom.band/099d5a81d977e2fbf15282c3e9e8e7c7b2aa946cf7e4c44f1ff51e036da7b27c.jpg https://npub12eml5kmtrjmdt0h8shgg32gye5yqsf2jha6a70jrqt82q9d960sspky99g.blossom.band/099d5a81d977e2fbf15282c3e9e8e7c7b2aa946cf7e4c44f1ff51e036da7b27c.jpg https://nostr.now/nevent1qqszwj69tlvezcrrvdhapc5sh39ff5rx7knwfdcvpwdkpd70ytap2mqzyrcxwthl83aeemwgx6xwr65ees7wfmljxfqrrfz34l9x5gu4avlzxpw4uaq 📜 **Certicom and the Standardization of SEC\,2**<br/><br/>The secp256k1 parameters were published in SEC 2 (*Standards for Efficient Cryptography 2*) in September 2000 by the Standards for Efficient Cryptography Group (SECG), an industry consortium led by Certicom Corporation. Certicom, founded in 1985 by Scott Vanstone at the University of Waterloo, was the world&#39;s leading ECC company. They held over 350 patents related to elliptic curve cryptography and worked to make ECC commercially viable when the world still ran on RSA.…<br/><br/>— From: The Full Parameter Set<br/><br/>🔗 magicinternetmath.com<br/>🏴‍☠️ Subscribe to the Pioneers Club<br/>⚡ fundamentals@zeuspay.com 2026-03-25T20:45:15Z https://nostr.now/nevent1qqsrc3r2j4z6v3zzmuquvznrhjec5l0jltp0fymwnqun09vrds4lu5szyrcxwthl83aeemwgx6xwr65ees7wfmljxfqrrfz34l9x5gu4avlzxu2s07e 📜 **Pieter Wuille and the BIP-32 Standard**<br/><br/>BIP-32 was authored by Pieter Wuille in 2012 and became one of the most consequential Bitcoin Improvement Proposals ever written. Before BIP-32, every Bitcoin wallet generated keys independently — meaning every key had to be backed up individually. Losing a backup meant losing funds. Wuille&#39;s insight was to apply the HMAC-based key derivation function (a tool from the password hashing world) to the secp256k1 scalar multiplication: derive child private keys by adding an HMAC output to the parent private key modulo n, and derive the corresponding child public keys by adding the same HMAC…<br/><br/>— From: BIP-32 HD Wallets and Deterministic Key Trees<br/><br/>🔗 magicinternetmath.com<br/>🏴‍☠️ Subscribe to the Pioneers Club<br/>⚡ fundamentals@zeuspay.com 2026-03-24T16:01:05Z https://nostr.now/nevent1qqs09sgvfmjeudq6z8aetp0uxprfvsutgxuspd7wrana8cy2y0987nczyrcxwthl83aeemwgx6xwr65ees7wfmljxfqrrfz34l9x5gu4avlzx3507gt ⚖️ **Hayek: HD Wallets and the Extended Order**<br/><br/>In *The Fatal Conceit* (1988), Hayek argued that civilization depends on *extended orders* — structures too complex for any single mind to comprehend, that emerge from simple rules followed by many independent actors. BIP-32 HD wallets are an extended order in the cryptographic domain: from a single seed and a simple derivation rule (HMAC-SHA512 + scalar addition modulo n), a tree of 2³¹ × 2³¹ × … key pairs unfolds — billions of independent addresses, each capable of receiving and authorizing payments, all recoverable from 12 or 24 mnemonic words.…<br/><br/>— From: BIP-32 HD Wallets and Deterministic Key Trees<br/><br/>🔗 magicinternetmath.com<br/>🏴‍☠️ Subscribe to the Pioneers Club<br/>⚡ fundamentals@zeuspay.com 2026-03-24T14:00:37Z