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Envoy version 1.0.8 is now live!

We’re excited to announce that the latest version of Envoy 1.0.8 – is now published on all your favorite mobile platforms! To download it, simply visit our download page or check for updates on your platform of choice.

Please note that there can be a significant lag from publishing to general availability due to Apple App Store and Google Play Store review policies and delays.

What’s changed

With version 1.0.8 of Envoy, we added in a new Tor status dialogue that informs you when there are Tor connectivity issues and allows you to quickly disable Tor temporarily if desired. We’ve also squashed a few bugs, updated BDK to the latest version, and improved scanning times with Passport from Envoy.

For more details on each of the changes, keep reading below!

New Features

  • Added a new Tor dialogue when there are Tor connectivity issues
    • We value your privacy very highly, and as such we have always defaulted Envoy to using Tor, an anonymity network, to prevent even us from being able to learn information about you. Unfortunately, Tor has been undergoing a serious attack for the last several months, severely impacting user experience when using Tor.
    • This new Tor dialogue detects when there are Tor issues (after automatically trying to reconnect multiple times) and allows you to temporarily disable Tor directly from the dialogue until the next time you open Envoy.
    • For more on our usage of Tor, the current issues, and the trade-offs inherent in choosing to disable it, visit our docs page on the topic.

Improvements

  • Reduce PSBT size (and thus QR size) in Envoy, improving scan times on Passport significantly
    • Keep an eye out for Passport firmware v2.0.5 which will even further decrease scan times across the board!
  • Update BDK to v0.24.0
    • For more on this release, see here.
  • Show the address itself under the QR code when verifying addresses between Passport and Envoy
  • Add a dedicated paste button next to the address field
    • Allows you to quickly paste addresses into the address field without relying on the OS’s paste function
  • Better handling when the back button is pressed in Android
  • Increase the number of addresses that Envoy will query for balances to better handle some advanced uses cases
  • Improve all Envoy dialogue pop-ups to make it clearer when action is necessary
  • Make connectivity indicator shield pulse red when a custom Electrum server is set and unreachable/unresponsive
  • Limit account name length to 20

Bug Fixes

  • Properly warn when Envoy is unable to fetch firmware and show current version
  • Correct ordering of notifications on the activity screen
  • Correct hyperlink to more info on firmware in the firmware update flow
  • Redraw account and accounts cards when the exchange rate changes to properly show fiat balance
  • Use hostname instead of IP address for default testnet Electrum server

Verifying Envoy on Android

If you’d like to take the optional additional step of verifying Envoy binaries on Android, follow our guide: Verifying Envoy on Android

Announcing Our $7M Seed Round

We at Foundation are thrilled to announce the completion of a $7 million seed round led by Polychain Capital, enabling us to expand, improve, and reach more people with free and open source software and hardware that empowers you to reclaim your digital sovereignty. For more on the raise, read the official press release below.

Foundation Devices Announces Completion of $7M Seed Round to Accelerate Development of its Sovereign Computing Platform

SEED ROUND LED BY POLYCHAIN CAPITAL WITH PARTICIPATION FROM NEW AND EXISTING INVESTORS

BOSTON, MA – December 19, 2022 – Foundation Devices (“Foundation”), a sovereign computing company that develops Bitcoin-centric tools that empower users to reclaim their digital sovereignty, today announced the close of its $7 million seed round led by Polychain Capital. Other investors participating in the round include new investors Greenfield Capital and Lightning Ventures, and existing investors Third Prime, Warburg Serres, Unpopular Ventures, and Bolt.

Founded in April 2020, Foundation builds products that make Bitcoin and decentralized technologies accessible to everyone, enabling users to reclaim their digital sovereignty. Foundation’s flagship product, Passport, a best-in-class Bitcoin hardware wallet, offers a unique combination of intuitive design, hardcore security, and a mobile-first approach with QR codes. In March 2022, Foundation launched its second-generation Passport device, which continues to gain traction and adoption among consumers with thousands of Passports sold over the last 18 months.

Additionally, Foundation is continuing to develop its mobile app, Envoy, as a standalone sovereignty toolkit complete with a Bitcoin software wallet. Envoy offers the easiest onboarding and user experience of any Bitcoin wallet, with maximum privacy using the Tor network, a free and open source software for enabling anonymous communication.

Foundation’s financing will enable the company to continue expanding its team and building open source hardware and software products that provide users with a seamless, end-to-end sovereignty experience.

“Preserving freedom and privacy is more important than ever amidst worldwide censorship, privacy violations, and reckless financial and monetary policies,” said Zach Herbert, Co-Founder and CEO of Foundation Devices. “As the line between the physical and digital world continues to blur, we are excited to continue delivering decentralized products that usher in a new era of freedom and prosperity for users across the globe. This seed round marks just the beginning of our journey to build the world’s first sovereign computing platform.” 

“The Foundation team has been creating gorgeous, incredibly secure, yet easy to use products that further an individual’s ability to self-custody crypto assets,” said Will Wolf, Partner at Polychain Capital. “We are incredibly excited to support them on the next phase of their vision to empower self-sovereign individuals through decentralized technologies.”

“We are proud to support an ecosystem which is open source and transparent,” said Jendrik Poloczek, Principal at Greenfield Capital. “By building products that lower the barrier to becoming a sovereign individual, more people will confidently reclaim control of their money and data.”

“The rave reviews Foundation’s Passport has earned show that people are hungry for a sovereign computing experience that is thoughtfully designed,” said Tyler Mincey, Foundation board member and Partner at Bolt. “This is a giant step in the right direction, both for self-custody and digital sovereignty, and we are excited to continue supporting the Foundation team through this fundraise.”

About Foundation Devices

Launched in April 2020, Foundation Devices builds products that make Bitcoin and decentralized technologies accessible to everyone, enabling users to reclaim their digital sovereignty. Foundation’s open source products include Passport, a best-in-class Bitcoin hardware wallet, and Envoy, a mobile app.

To learn more about Foundation, visit our about page.

 

Becoming a Bitcoiner of Action

Can we all just “hodl” for a better future, or is there more to changing the world around us than passively collecting more Bitcoin? We at Foundation saw that we could do more than just “hodl,” so we started this company out of a desire to help empower more people to reclaim their digital sovereignty. What else can each of us do to help drive Bitcoin and the world around us towards a better future?

While simply “hodling” is a unique approach that is only possible because of Bitcoin, we who understand the impact Bitcoin brings, the need for financial sovereignty, and the weight of issues in society have a responsibility to find ways to help others along the path as well. Once we’ve learned about Bitcoin for ourselves and benefited from it, we have powerful knowledge and experience that we can use to bring about a better world far more quickly.

In this blog post we wanted to lay out some actionable steps that the average Bitcoiner can take to find how they can best impact those around them, improve Bitcoin, bring widespread adoption, and empower others to become sovereign individuals as well. While this is by no means an exhaustive list, we think this is a great place to start.

Join a local Bitcoin meetup

It may seem incredibly simple, but one of the most profound ways each of us can help to spread adoption and help others (and ourselves!) is to get plugged into our local community of Bitcoiners. Meetups allow us to build relationships with other Bitcoiners while contributing thoughts, ideas, and time to educating others. Joining a meetup also helps grow the circular and parallel economies forming around Bitcoin and gives us a local lifeline in case things quickly go downhill. It’s impossible to overstate the importance of having a strong community around you, and a local Bitcoin meetup is the best place to find that.

“Meetups are one of the most high-signal places to learn about Bitcoin and self-sovereignty. I’ve met so many great friends from our local meetup – if you don’t have one in your area, consider starting one!”

Mitch, Co-organizer of KC Bitcoiners meetup

Finding a meetup can be as simple as asking around on Twitter, searching Meetup.com, browsing Bitcoin-Only.com’s list, or if there aren’t any around you – kicking one off yourself! These meetups don’t have to be highly organized and technical, they can be as simple as meeting at a bar or restaurant once a month to chat about all things Bitcoin. Don’t overthink the details, just start gathering Bitcoiners together and watch amazing things happen.

Educate others around you

You may not consider yourself an educator, but even someone relatively new to Bitcoin has a wealth of knowledge that the vast majority of people in the world simply do not. Even the “simple” things like setting up a mobile wallet, storing a seed phrase, or using a hardware wallet like Passport can be immensely helpful to newcomers in the space. Not only that, but having a friendly face or nym that new Bitcoiners can go to with questions or concerns eases the incredibly daunting early days in the Bitcoin rabbit hole. We can help more Bitcoiners stay the path towards self-custody without losing sats along the way by easing the barrier of entry through education and community.

“We all stand on the shoulders of giants. As Bitcoiners we have an obligation to pass on learned knowledge to those around us. This is how we continue to spread the mind virus. This is how we win.”

BitcoinQnA, Head of Customer Experience at Foundation

Educating others also has a powerful personal benefit – when you learn something well enough to teach others, you ingrain a deep and lasting knowledge for yourself that further empowers you towards digital sovereignty.

You know best what communities could benefit from your experience and expertise, but some potential places to contribute could be Twitter (even if you have a small account, it makes a difference!), the Telegram group for your favorite Bitcoin wallet or project, a local Bitcoin meetup, your friends or family, etc.

Contribute and donate to Bitcoin FOSS projects

Want a way to benefit Bitcoin as a project along with a burgeoning free and open-source (FOSS) ecosystem? There are many projects in the broader Bitcoin and sovereignty space that could use your help, starting with simple contributions that don’t even require technical expertise. Taking the time to give back to one of your favorite projects by helping out newcomers in their Telegram or chat rooms, opening issues on Github when you find bugs or want to recommend features, writing or translating documentation, or simply promoting the project on social media can be a huge boost as well.

One of the easiest ways to give back to these projects is to actually use Bitcoin as money and press send. The FOSS space has notorious issues with invaluable projects not getting enough funding to be sustainable, causing us to lose amazing contributors, important apps and tools, and for the spread of Bitcoin and freedom to be slowed.

Bitcoin has uniquely enabled FOSS projects to get funding directly to their wallets without any custodian, middle-man fees, or payment processor. Let’s find ways to leverage this new-found wealth and electronic cash to help fund the next generation of FOSS projects and bring digital sovereignty to more individuals around the world.

“Seeing a donation (especially in the beginning) means the world to a FOSS team like us [RoninDojo], it’s validation that what we are doing matters and keeps us moving forward.”

BTCxZelko, Co-founder of RoninDojo

We don’t want to play favorites, but some excellent FOSS projects in the space that can be funded by Bitcoiners like you and me can be found below (with links directly to their donations pages):

And if none of the above projects strike your fancy or you aren’t sure how to pick one, an easy way is to donate to OpenSats general fund (more on that next).

Donate to OpenSats

Do you find it too difficult to select a contributor, FOSS project, wallet, or educator in the space to donate to? Then OpenSats has you covered. OpenSats is a registered charity in the US, allowing US citizens to count donations as tax-deductible, allowing you to grow the ecosystem while saving some fiat from the tax man. OpenSats allows you to contribute to individual vetted projects and contributors, or to simply donate to the General Fund and trust OpenSats to distribute the funds in a way that aligns with your ethos.

“Thousands of open source contributors make this movement possible. We created Open Sats to support them without relying on corporate sponsors. No strings attached, 100% pass through, tax deductible or anonymous.”

Matt Odell, Co-founder of OpenSats

OpenSats even allows you to donate fiat if you can’t bear to part with your Bitcoin, an invaluable on-ramp for fiat-to-FOSS. If you want to learn more about OpenSats, be sure to check out their website or follow them on Twitter.

Find your niche

If we haven’t hit on a particular passion or area of interest for you in this post, don’t worry! We all have unique talents, passions, and expertise that enable us to be Bitcoiner’s of action. There is a place for each and every one of us to take actionable steps towards bringing digital sovereignty to more people around us, and you know best what that role could be for you. 

Take a few minutes today to pause and think on how you could give back to the projects and communities that have impacted you in your journey down the Bitcoin and sovereignty rabbit holes.