Binance Pool, the mining pool run by one of crypto’s biggest exchanges, is prepared to support Taproot, a good omen for the next major Bitcoin upgrade. The addition of Binance Pool to the “yes” column means that all the major Read More
What Is Sharding? – CoinDesk
“Sharding” is a proposed method of splitting the infrastructure of Ethereum into smaller pieces with the goal of scaling the platform so it can support many more users than it currently does. Ethereum is the second-largest blockchain and was designed Read More
Experts: Privacy Concerns Over Bitcoin Upgrade Taproot a ‘Non-Issue’ – CoinDesk
Bitcoin privacy experts are far from impressed with a recently circling slideshow-style privacy report that puts Taproot, a likely upcoming upgrade to Bitcoin, in the crosshairs. The Taproot upgrade will boost Bitcoin’s privacy and scalability. The years-in-the-making upgrade has been Read More
What Is DeFi? – CoinDesk
DeFi is short for “decentralized finance,” an umbrella term for a variety of financial applications in cryptocurrency or blockchain geared toward disrupting financial intermediaries. DeFi draws inspiration from blockchain, the technology behind the digital currency bitcoin, which allows several entities Read More
How a Decentralized Randomness Beacon Could Boost Cryptographic Security – CoinDesk
Key takeaways: The League of Entropy is launching the first production-ready version of drand, a network that produces “randomness” (also known as entropy) for anyone to use. Randomness is essential to cryptographic security. Filecoin is the first protocol to use Read More
MIT Lightning Creator Unveils First ‘Demonstration’ of Bitcoin Scaling Tech – CoinDesk
The infrastructure propping up Bitcoin might become easier for anyone to spin up and run. Lightning creator Tadge Dryja has been working on a new design for a lighter weight Bitcoin full node, about which he first wrote a paper Read More
This New Coding Language Could Help Unlock Bitcoin’s Smart Contract Potential – CoinDesk
Bitcoin Core contributor Jeremy Rubin has revealed his work on a new smart-contract language for Bitcoin, which he hopes will increase the “financial self-sovereignty” of users. Rubin demoed the new language, Sapio, on Saturday at a RecklessVR meetup presentation in Read More
CoinSwap and the Ongoing Effort to Make Bitcoin Privacy ‘Invisible’ – CoinDesk
A developer known for working on enhancing Bitcoin privacy has set his sights on a new project he hopes will “massively improve” how we keep our transactions private. Chris Belcher, who also created the technical privacy market JoinMarket, is currently Read More
One Man’s Mission to Deploy Solar-Powered Bitcoin Nodes Across Africa – CoinDesk
Look below at the map of public nodes on Bitcoin’s Lighting Network. Europe and the U.S. are filled with them. The rest of the world is an ocean of blankness with a few scattered islands. Source: Lighting Network Explorer Africa Read More
Lightning Network Overhaul Could Strengthen Bitcoin Privacy – But Many ‘Ifs’ Remain – CoinDesk
Research is being conducted. Experiments are brewing. Behind the scenes, Lightning Network developers are planning to (eventually) completely rewrite an important part of bitcoin. Known as Bitcoin’s second layer, since most of the action takes place off the blockchain, Lightning Read More
Bitcoiners Sprint to Improve Lightning Network in 2-Day Virtual Hackathon – CoinDesk
As coronavirus is changing everyone’s lives, making it harder to go outside or interact with friends and family, people are leaning more than ever on digital video platforms to live a “normal” life. That includes Bitcoiners who are fine-tuning the Read More
Bitcoin Cash Approaches Milestone With First Halving Expected Wednesday – CoinDesk
Bitcoin cash (BCH), the cryptocurrency that broke off from bitcoin (BTC) due to a heated community disagreement in 2017, is about to hit a blockchain milestone. At block 630,000, expected to occur Wednesday morning Eastern time, the number of BCH Read More
Schnoor/Taproot Could Improve Bitcoin Privacy and Scaling – CoinDesk
If the privacy and scaling upgrade Schnorr/Taproot makes it into bitcoin (BTC), it could pave the way for advanced and heretofore impossible projects. That is, as they say, good for bitcoin. Schnorr/Taproot has made a great deal of progress recently, Read More
New Software Fix Offers Bitcoin Miners Increased Security – CoinDesk
The company behind the world’s sixth-largest bitcoin mining pool has released software that aims to patch several security problems with such pools. The software, included in the BOSminer software suite, is the first working implementation of Stratum V2, the protocol Read More
GitHub Is Burying Bitcoin Code Inside an Arctic Mountain to Ride Out the Next 1,000 Years – CoinDesk
An icy mountain in Norway’s Svalbard – an all but inhabitable, Arctic archipelago covered in glaciers and inhabited by polar bears – is an unlikely safe haven for cryptocurrency code, let alone a pillar of modern-day civilization. But it’s here, Read More
How to Protect Bitcoin for Your Heirs With the Push of a ‘Dead Man’s Button’ – CoinDesk
What happens to your bitcoin after you die? This is more than just a philosophical question: It could involve a substantial amount of currency. The question of crypto and the Great Beyond is what prompted about 20 or so developers Read More
Bitcoin’s Lightning Network Is Growing ‘Increasingly Centralized,’ Researchers Find – CoinDesk
Bitcoin’s lightning network is growing “increasingly centralized,” making it more susceptible to attacks, asserts a new paper by security researchers. Seen as a potential solution to bitcoin’s scaling headaches, lightning is a payment network allowing for speedier and cheaper transactions. Read More
Top Bitcoin Developers Face Off in a Lightning-Powered Boxing Match – CoinDesk
Wasabi Wallet developer nopara73 and BTCPay lead developer Nicolas Dorier faced off in a digital boxing match at bitcoin developer conference Advancing Bitcoin in London. In a video game from bitcoin startup Zebedee, the two developers played digital versions of Read More
Bitcoin’s Privacy and Scaling Tech Upgrade ‘Taproot’ Just Took a Big Step Forward – CoinDesk
A privacy and scalability upgrade that could turn out to be one of bitcoin’s largest to date has passed a couple of milestones that were little noticed outside technical circles. On Tuesday, Pieter Wuille, a Bitcoin Core contributor and the Read More
Bitcoin Halving Could Leave Price at $20K-$50K, Hedge Fund Manager Says – CoinDesk
Bitcoin’s scheduled mining-reward halving in May 2020 could leave prices for the cryptocurrency in a range between $20,000 and $50,000, according to a new estimate. The projection by Charles Hwang, managing member of the hedge fund Lightning Capital and an Read More