Bitcoin Core developer Gregory Maxwell said that people calling for a bitcoin hard fork to provide protection against a “51% attack” demonstrate a fundamental misunderstanding of the first cryptocurrency. Greg Maxwell responds to the question: “Why not hard-fork Bitcoin to make it less vulnerable to 51% attacks?” (HT @AlyseKilleen) pic.twitter.com/k9yb9KBc9I – Tuur Demeester (@TuurDemeester) October 6, 2019 He explained , Oh really […]
Bitcoin Core
In the new version of the Bitcoin Core client (0.19.0), they proposed to get rid of the BIP70 scheme and implement the default generation. Soon: Bitcoin Core 0.19.0 – Good things from r / Bitcoin BIP70 is a payment protocol that assigns a wallet URL instead of a simple address. This URL responds to the Get request, after which the merchant server sends the address and payment amount. BIP70 introduces a requirement for […]
Bitcoin Core developer Peter Velle introduced Miniscript, a new programming language to simplify the development of smart contracts for the…
Bitcoin Core developer Peter Velle introduced Miniscript, a new programming language to simplify the development of smart contracts for the Bitcoin network. After publishing the corresponding message in the newsletter for Bitcoin developers, Peter Velle noted that the work on Miniscript lasted almost a year, and Andrew Poelstra and Sanket Sanyalkar also participated in it. Just announced our Miniscript project website on the bitcoin-dev […]
Signatures Schnorr for bitcoin transactions. How does the Schnorr protocol work in Bitcoin Cash? 5 (100%) 1 Around Bitcoin Cash…
BitMEX, the operator of the cryptocurrency derivatives exchange company HDR Global Trading Limited, announced a grant of $ 60,000 to the Bitcoin Core developer Michael Ford. The funds will help him to carry out a full-fledged work on the project, without being distracted by other questions. Michael Ford (AKA fanquake) is provided on a no-strings-attached […]
TOP-7 news of the world of cryptocurrency over the past week from May 17 to 23 5 (100%) 1 Summing…
In the high-profile Kleiman v. Wright lawsuit, new details have appeared. A federal court in the Southern District of Florida ordered an Australian entrepreneur, who for several years claims to be the creator of Bitcoin Satoshi Nakamoto, to disclose the size of his Bitcoin state until Monday. If he cannot fulfill the requirement, he faces a fine or even a prison sentence for contempt of court. BREAKING in […]
More than half of the full nodes in the main Bitcoin network still have not installed the Bitcoin Core client update, which eliminated a critical vulnerability that allowed sabotaging the work of 90% of the nodes for double spending. This was reported at the beginning of the month by the Cointelegraph, citing developer Luke Dash Jr. However, today the situation has not changed. 44.3% […]
Summing up the past week, we recall the news about the upcoming IEO Bitfinex, the release of Bitcoin Core 0.18.0,…