Bitcoin Revelation follows a local-verification security model.
Each node independently validates:
- blocks
- transactions
- Proof-of-Work
- consensus rules
No trust is placed in peers, infrastructure, or external services.
- Recovery phrase is displayed once at creation
- The phrase is never stored on disk
- Wallet data is encrypted using AES-256-GCM
- Key derivation uses PBKDF2
Loss of the recovery phrase or wallet password results in permanent loss of funds.
There is no recovery mechanism.
- All data is validated locally
- Invalid blocks or transactions are rejected
- Consensus rules are enforced deterministically
Nodes do not rely on:
- trusted peers
- checkpoints
- signed binaries
- centralized infrastructure
- No trusted bootstrap nodes
- No privileged peers
- No network-level authority
Network messages are treated as untrusted input. Consensus validity is determined solely by local verification.
The system is designed to resist:
- invalid Proof-of-Work
- invalid transactions
- timestamp manipulation
- difficulty collapse
- transaction forgery
The system does not claim to prevent:
- 51% hash-power attacks
- deep historical re-organizations
- network partitions
These risks are inherent to Proof-of-Work systems.
Users are responsible for:
- backing up recovery phrases
- securing their machines
- running trusted builds
- understanding protocol risks
No guarantees are provided.
Now, very important: CONSENSUS v4 should not exist yet — only as a design envelope.
This is healthy.
Consensus v4 exists only if one or more of the following become true:
- sustained hash-rate volatility causes instability
- difficulty oscillation harms liveness
- long-range reorgs become a real economic issue
- network size materially increases
Until then, v3 remains law.
Consensus v4 may consider only:
-
Difficulty Adjustment Improvements
- Longer adjustment window
- EMA-style smoothing
- Better resistance to hash-rate cliffs
-
Explicit Fork Activation Rules
- Fixed activation height
- Explicit version gating
- No silent behavior changes
-
Formal Finality Signaling (Optional)
- Soft finality hints
- No economic guarantees
- No checkpoints
Consensus v4 must not include:
- Proof-of-Stake
- Checkpoints
- Trusted signers
- Governance mechanisms
- On-chain voting
- Monetary policy changes
- Genesis changes
These are non-negotiable exclusions.
If Consensus v4 ever exists:
- It must be opt-in
- It must be version-gated
- It must be documented before coding
- It must be announced well in advance
- It must tolerate permanent forks
No emergency forks. No silent upgrades.
- Consensus v4: NOT IMPLEMENTED
- Consensus v3: FINAL / FROZEN
Any future work on v4 begins with:
- written specification
- public review
- explicit fork height
- independent implementations