Peter Todd to Lead MARA’s Slipstream for Private Bitcoin Transactions
- Peter Todd joins MARA Foundation to oversee Slipstream, a private Bitcoin transaction-submission service.
- Slipstream allows users to bypass Bitcoin’s public peer-to-peer relay network and send transactions directly to MARA’s mining pool.
- The service was recently used to transfer over 10,000 BTC from wallets affected by the Coldcard vulnerability.
- Todd is known for his work on Libre Relay, BIP 125, and OpenTimestamps, advocating for permissive relay policies in Bitcoin.
- MARA positions Slipstream as infrastructure for Bitcoin research and development, including projects on quantum-resistant transactions.
Slipstream’s private submission model enhances transaction privacy by not broadcasting data before confirmation, crucial during the Coldcard vulnerability incident when multisig users needed secure fund transfers.
With Peter Todd at the helm, Slipstream aims to advance experimental development and protocol innovation in Bitcoin, leveraging his expertise in flexible relay policies and transaction types. Source
