At the moment Nunchuck Pockets releases assist for absolutely generalized Miniscript use, bringing a level of flexibility and management to their customers not seen earlier than.
For these unfamiliar with Miniscript, it’s a coverage language invented by Core developer and former Maintainer Pieter Wuille to make the creation of custom-made Bitcoin scripts simpler and safer. Miniscript takes probably the most generally used items of Bitcoin script, i.e. signature locks, timelocks, hashlocks, and so on. and creates a “larger stage” programming language for customers to create customized scripts.
This larger stage language is designed to be safely analyzable and composable, which means that when customers create a custom-made script they will ensure that it is going to behave precisely how they anticipate it to.
Nuchuck offers two fundamental templates customers can use, merely needing to fill within the keys they want to use within the pockets. One is a decaying multisig, the place after a timelock expires much less keys are required to spend with a view to make sure that key loss doesn’t lead to shedding funds. The opposite is an increasing multisig, the place over time different keys can signal for a transaction past the core key set. I.e. initially a 2-of-2 is required, however after a timelock a 3rd key can signal as a substitute.
Along with these fundamental templates, extra superior customers can import any customized Miniscript template they’ve created themselves.
Miniscript templates could be utilized to each Native Segwit wallets in addition to Taproot wallets.
Out of the gate, the next {hardware} wallets will assist Native Segwit Miniscript: Coldcard, Tapsigner, Blockstream Jade, and Ledger.
The next will assist Taproot Miniscript: Coldcard and Ledger.
MuSig2 use with Miniscript will likely be restricted to software program solely keys in the interim.
Nunchuck’s end-to-end encrypted communication operate has full assist for Miniscript templates, permitting collaboration between customers in establishing and utilizing template primarily based wallets.
As well as, Nunchuck has compiled a 101 Technical Information for customers who want to make use of Miniscript of their wallets. For these extra inclined to dive into the nuts and bolts themselves, right here can be a web site put collectively by Pieter Wuille with a breakdown of Miniscript itself and a few fundamental instruments.
