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PortuguêsA look at the securing mechanisms of the global monetary system millions entrust their value with. I’m going to talk about the security behind Bitcoin addresses and keys, called Public…
Continue ReadingIn this episode of “The Van Wirdum Sjorsnado,” the hosts discussed the lock in of Bitcoin’s Taproot soft fork upgrade. Watch This Episode On YouTube Listen To This Episode: Apple…
Continue ReadingThe Lightning Network, Bitcoin’s Layer 2 solution for fast and cheap transactions, has crossed the 1,500 BTC capacity milestone. The Lightning Network, a Bitcoin Layer 2 scaling solution proposed in…
Continue ReadingA new attack vector following the Ledger data breach of July 2020 involves sending convincing but fake hardware wallets to victims. Victims of a hack of customer data held by…
Continue ReadingThis week’s newsletter celebrates the lock-in of Taproot, describes a draft BIP for improving transaction privacy and more. The Bitcoin Optech newsletter provides readers with a top-level summary of the…
Continue ReadingTaproot brings new optimizations to security and usability to the Bitcoin network as the activation is locked in. By the time this is published, Taproot will be locked-in for activation.…
Continue ReadingTaproot has locked in with the Bitcoin protocol upgrade now set to activate in November. Bitcoin is upgrading. Taproot, the Bitcoin protocol upgrade that makes smart contracts more private and…
Continue ReadingThis episode of “The Van Wirdum Sjorsnado” covered Bitcoin Improvement Proposals (BIPs) and how the process works. Watch This Episode On YouTube Listen To This Episode: Apple Spotify Google Libsyn…
Continue ReadingThis week’s newsletter describes a LN node payment proposal, Bitcoin Core PR Review Club meeting and more. The Bitcoin Optech newsletter provides readers with a top-level summary of the most…
Continue ReadingThe activation of Bitcoin protocol upgrade Taproot appears imminent as only 300 more signaling blocks are needed. According to data from Taproot.watch, the Bitcoin protocol upgrade Taproot is underway to…
Continue ReadingThe cofounder of Ethereum, Vitalik Buterin, recently discussed the highly anticipated full transition from a proof-of-work (PoW) consensus model to proof-of-stake (PoS) as its replacement. Buterin admitted at Hong Kong’s…
Continue ReadingThis week’s Bitcoin Optech newsletter describes a proposal to change Bitcoin Core’s transaction selection algorithm and more. The Bitcoin Optech newsletter provides readers with a top-level summary of the most…
Continue ReadingThis week’s newsletter features a letter from John Newbery, founder of Bitcoin Optech, information about IRC channel updates and more. The Bitcoin Optech newsletter provides readers with a top-level summary…
Continue ReadingIn this episode of “The Van Wirdum Sjorsnado,” the hosts discussed CVE-2021-31876, a bug in the Bitcoin Core code affecting replace-by-fee. Watch This Episode On YouTube Listen To This Episode:…
Continue ReadingThe three mechanics are an important part of understanding Bitcoin on a technical level. Learning Bitcoin With Charts: How Are Hash Rate, Difficulty And Fees Related? Date: May 15, 2021…
Continue ReadingTaproot.watch has added a new feature showing that a vast majority of Bitcoin mining hash rate supports Taproot activation. Taproot.watch, the website built by Hampus Sjöberg for people to follow…
Continue ReadingBitMEX Research grantee Calvin Kim has demonstrated how the Utreexo client can speed up the Bitcoin Initial Block Download by 62%. BitMEX Research grantee Calvin Kim has announced that the…
Continue ReadingThis week’s newsletter discussed the previously proposed transaction relay reliability workshop, updates to Bitcoin software and more. The Bitcoin Optech newsletter provides readers with a top-level summary of the most…
Continue ReadingEach of the top-10 bitcoin mining pools by hash rate have signaled at least one block for the Bitcoin network’s Taproot soft fork activation. After bitcoin mining pool BTC.TOP recently…
Continue ReadingThe start of a new Bitcoin difficulty adjustment window brought a major increase and a new Taproot signaling period with 63% green blocks. Bitcoin mining difficulty hit an all-time high…
Continue ReadingThe world’s first dual-funded Lightning channel has been opened, bringing more features to the network while reducing fees. The world’s first dual-funded mainnet Lightning Network channel was opened last week…
Continue ReadingThis week’s newsletter covers a security disclosure, a summary of a Bitcoin Core PR Review Club meeting and more. The Bitcoin Optech newsletter provides readers with a top-level summary of…
Continue ReadingThe hosts of “The Van Wirdum Sjorsnado” discussed Mara Pool, bitcoin mining pools that censor blocks and what Bitcoiners could do about this. Watch This Episode On YouTube Listen To…
Continue ReadingThis week’s newsletter encourages miners to begin signaling for Taproot, discusses closing lost Lightning Network channels and more. The Bitcoin Optech newsletter provides readers with a top-level summary of the…
Continue ReadingBitcoin mining pools have begun signaling for the Taproot soft fork activation, with more than half of network hash rate currently doing so. The path to activation for Bitcoin’s Taproot…
Continue ReadingBitcoin Core version 0.21.1 is now available for download, including activation parameters for the Schnorr and Taproot protocol upgrade. Bitcoin Core version 0.21.1 has been released and is now available…
Continue ReadingThis week’s newsletter covers using Lightning Network splicing, announcements for a layer-crossing workshop and more. The Bitcoin Optech newsletter provides readers with a top-level summary of the most important technical…
Continue Reading10 years after Bitcoin creator Satoshi Nakamoto’s disappeared, Pete Rizzo distills the full story of his time as project leader into one readable article. “Tradition demands that there is no…
Continue ReadingThis episode of “The Van Wirdum Sjorsnado” covered the final implementation details of Speedy Trial. Watch This Episode On YouTube Listen To This Episode: Apple Spotify Google Libsyn Overcast In…
Continue ReadingThis week’s newsletter covers using Lightning Network offers to address stuck payments, Taproot activation and more. The Bitcoin Optech newsletter provides readers with a top-level summary of the most important…
Continue ReadingA recent plummet in hash rate and spike in transaction fees has raised some questions about Bitcoin’s resilience. But they shouldn’t. Over the weekend, the Bitcoin hash rate dropped off…
Continue ReadingThere are now two different Taproot activation paths embedded in Bitcoin software clients. Here’s what this could mean for the Bitcoin protocol. Taproot, the proposed Bitcoin protocol upgrade for compact…
Continue ReadingIn this episode of “The Van Wirdum Sjorsnado,” the hosts discussed sighash flag SIGHASH_ANYPREVOUT and Eltoo, a proposed Layer 2 protocol. Watch This Episode On YouTube Listen To This Episode:…
Continue ReadingSpeedy Trial has been merged into Bitcoin Core, offering a path toward the Taproot protocol upgrade is miners signal their overwhelming support. According to a GitHub pull request, a BIP…
Continue ReadingThis week’s newsletter covers progress on Taproot activation, a Bitcoin Core PR Review Club meeting and more. The Bitcoin Optech newsletter provides readers with a top-level summary of the most…
Continue ReadingCurrently, various factors disincentivize attacks of minority chains; DLCs might create a workaround that returns the incentive to these attacks. Currently, there are many blockchains with miniscule amounts of hash…
Continue ReadingIn this episode of “The Van Wirdum Sjorsnado,” the hosts discussed the Erlay protocol, scaling Bitcoin and Minisketch. Watch This Episode On YouTube Listen To This Episode: Apple Spotify Google…
Continue ReadingThis week’s Bitcoin Optech newsletter includes a release for LN node software and notable changes to Bitcoin Core. The Bitcoin Optech newsletter provides readers with a top-level summary of the…
Continue ReadingBitcoin developer Ben Carman joined the “Bitcoin Magazine Podcast” to discuss his cutting-edge work in the Bitcoin smart contracting space. Watch This Episode On YouTube Listen To This Episode: Apple…
Continue ReadingBitcoin’s Lightning Network has more than 10,000 operating nodes, nearly doubling within a year. Rising by approximately 100 percent since this time last year, the number of nodes operating on…
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