6,522 ‘Sleeping Bitcoins’ Worth $107 Million Wake Up After 5 Years of Inactivity

6,522 'Sleeping Bitcoins' Worth $107 Million Wake up After 5 Years of InactivityOn Nov. 16, 2022, at Bitcoin block height 763,474, someone transferred 6,522 bitcoin worth roughly $107 million after the coins sat idle for more than five years. While bitcoin’s value is 75% lower than it was a year ago, so-called sleeping bitcoins have been waking up amid the recent crypto market capitulation. While Bitcoin’s Price […]

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3,500 ‘Sleeping Bitcoins’ From 2011 Worth Over $60 Million Wake up After 11 Years of Slumber

3,500 'Sleeping Bitcoins' From 2011 Worth Over $60 Million Wake up After 11 Years of SlumberOn Nov. 11, amid the confusion concerning troubled crypto companies like FTX and Blockfi, 3,500 ‘sleeping bitcoins’ from a wallet created on Oct. 7, 2011, moved for the first time in over 11 years. $60 Million Worth of 11-Year-Old Bitcoins Move Amid the Crypto Market Rout A large string of so-called ‘sleeping bitcoins’ moved on […]

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Bitcoin Cash Devs Publish the First 3 of 3 Multi-Sig Schnorr Transaction

Bitcoin Cash Devs Publish the First 3 of 3 Multi-Sig Schnorr TransactionOn May 15, the Bitcoin Cash network successfully upgraded by implementing Schnorr signatures, after which a few developers processed some basic Schnorr signatures. Then, on Saturday, May 18, software developers Chris Pacia, Mark Lundeberg, and Checksum0 performed the first multi-sig Schnorr signature on BCH and sent the funds to Freeross.org. Also Read: After Trillions Printed […]

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Schnorr Signatures Are Coming to Bitcoin Cash – Here’s What You Should Know

A Brief Explanation of the Next Bitcoin Cash Upgrade — Schnorr SignaturesOn Wednesday, May 15, the Bitcoin Cash (BCH) network will be upgraded to incorporate the highly anticipated Schnorr signature algorithm, a digital signature scheme widely known for its simplicity. Also read: Bitcoin History Part 12: When No One Wanted Your BTC Schnorr Sigs Are Coming Next week, the Bitcoin Cash blockchain will be upgraded by […]

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Schnorr Signatures Await Bitcoin Cash as the Next Fork Draws Near

Bitcoin Cash Supporters Look Forward to Schnorr Signatures as the Next Fork Draws NearThe Bitcoin Cash network is scheduled to fork on May 15 and the community has been steadily preparing for the next upgrade, which will entail the addition of Schnorr signatures and Segwit recovery exemption. Also read: A Look at Openbazaar’s Multi-Currency Wallet and Vendor Listings Bitcoin Cash Upgrade Time: May 15, 2019, Shortly After 12 […]

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Everything You Should Know About Bitcoin Address Formats

Everything You Should Know About Bitcoin Address FormatsA wallet address, comprising a string of 26-35 alphanumeric characters, is all it takes to send and receive bitcoin. Any bitcoin address can be used to transfer cryptocurrency to any other address on the network, provided the sender’s wallet software supports that address type. With multiple address formats to choose from, and wallet providers and […]

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Privacy and Scaling: Schnorr Signatures Are Coming to Bitcoin Cash

Privacy and Scaling: Schnorr Signatures Are Coming to Bitcoin CashOn Tuesday, Jan. 29, Bitcoin Cash developer Mark Lundeberg revealed two planned features for the scheduled May 2019 BCH upgrade. In the gist published to Github, Lundeberg described a specific improvement that’s been discussed by cryptocurrency developers for years — implementing Schnorr signatures in place of ECDSA signatures. This could upgrade the BCH chain to […]

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