Bitcoin Payments Are Being Bulldozed for Political Reasons

The Political Reasons Why Important Bitcoin Payments Plumbing Is Being BulldozedBitcoin Core wants to distance itself politically from the former project leader Gavin Andresen, the payment protocol BIP070 he was involved with, and from the BCH-friendly Bitpay payment processor company. The attempts to remove software associated with Gavin Andresen are now having real-world effects on the security of bitcoin payments. Also read: How to Prove […]

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Bitcoin Cash Protocol Successfully Upgrades — Schnorr Signatures Are Here

Bitcoin Cash Protocol Successfully Upgrades — Schnorr Signatures Are HereThe Bitcoin Cash (BCH) chain has officially upgraded, adding Schnorr signatures and the Segwit recovery exemption. As of block 582680, the chain has implemented the new features successfully and BCH fans are celebrating another major protocol improvement. Also read: Schnorr Signatures Are Coming to Bitcoin Cash – Here’s What You Should Know Another Bitcoin Cash […]

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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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Three Very Different Paths to Blockchain Scaling

Three Very Different Paths to Blockchain ScalingHow do you scale a blockchain so that it can process hundreds or even thousands of transactions per second – but without compromising on decentralization? It’s a question that has kept some of the brightest minds in the space awake at night, and some of the more ardent crypto factions sniping at each other for […]

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Despite $100K Pledged to Charity, Adam Back Remains Silent Over Proposed Debate

Despite $100K Pledged to Charity, Adam Back Remains Silent Over Proposed DebateThere’s over $100,000 on the line that could be given to charity for about an hour of Adam Back’s time. If he chooses to debate Bitcoin Unlimited’s Peter Rizun over why he thinks it’s a bad idea to scale with larger blocks, Paxful’s Ray Youssef‏ has pledged $100K in addition to Roger Ver’s initial $10K […]

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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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Xthinner Protocol Tested on BCH Mainnet Shows 99% Block Compression

On April 8, BCH developer Jonathan Toomim revealed how far he’s come with the Xthinner block compression protocol. Toomim tested the platform between two Bitcoin ABC full nodes on the BCH main network and a 363 kB block was compressed down to 1,660 bytes, or 99.54% compression. Also read: Uyen T Nguyen: The Powerful Young […]

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Two BCH Devs Leave Bitcoin Unlimited as Network Upgrade Approaches

Two BCH Devs Leave Bitcoin Unlimited as Network Upgrade ApproachesOn March 15, the Bitcoin Cash (BCH) network is set to upgrade, with plans to add two specific elements to the chain: the Segwit recovery exception and enabling Schnorr signatures. With just six weeks left, programmers have been discussing the fork regularly during BCH developer meetings. Meanwhile, two BCH developers have announced their resignation from […]

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Business Owner’s Seething Critique of the Lightning Network Goes Viral

Business Owner's Seething Critique of the Lightning Network Goes ViralA business owner who runs a media company in Australia and pays employees remotely in the Philippines has given his honest opinion on what it’s like to use the Lightning Network (LN). Jason Smith’s experience of attempting to use LN for payments was filled with frustration. He reports that the fundamental structure of the offchain […]

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Drivechain Creator’s Latest Paper Sparks Debate Over Bitcoin’s Future Security

Drivechain Creator's Latest Paper Causes Debate About Bitcoin's Future SecurityDrivechain developer Paul Sztorc has the cryptocurrency community riled up over his latest blog “Security Budget in the Long Run.” The essay discusses the economics of BTC network fees over a long period of time and suggests rather than giving up the fees to competition, a dominant protocol should collect fees “from all networks.” Also […]

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