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Over the past two weeks, the Bitcoin community has encountered a fresh Bitcoin Improvement Proposal (BIP) aimed at orchestrating a soft fork designed to curb what some describe as network spam. In a coincidence reminiscent of the User Activated Soft Fork (UASF) effort from 2017, the proposal stems from an unidentified pseudonymous developer. Unknown Developer … Read more
Mempool.space developer and analyst Mononaut has published a detailed critique warning that the proposed “Reduced Data Temporary Softfork” could disable legitimate transaction types across the network. Review of Transaction Data Shows RDTS Could Block Key Bitcoin Use Cases A new soft fork proposal designed to curb excessive data storage on the Bitcoin blockchain is drawing … Read more
Bitcoin developers are debating a new Bitcoin Improvement Proposal (BIP) that would temporarily restrict the amount of arbitrary data attached to transactions—an effort aimed at curbing potential abuse following the Bitcoin Core v30 update that lifted limits on OP_RETURN data. Bitcoin Faces New Soft Fork Plan to Limit Data Storage Abuses The BIP, authored by … Read more
Cobra, the operator and owner of the bitcoin.org domain, has alerted the community about a new development in the bitcoin world. He stated that unidentified bitcoiners outside of Bitcoin Core are preparing to introduce a user-activated soft fork (UASF) next year. Cobra Alerts About New Bitcoin Soft Fork Brewing in the Shadows A new conflict … Read more
The crypto entrepreneur believes it would scare off bad actors and strengthen the state of the Ethereum network. Go to Source
Users attempting to access Spark Protocol with a virtual private network will not be able to, sparking criticism from supporters of privacy. Go to Source
During the past two weeks, members of the cryptocurrency community have discussed the non-fungible token (NFT) concept known as Ordinals. Since the 3.96 MB block (#774,628) was mined, there has been a significant increase in Ordinal inscriptions on the Bitcoin blockchain. Ordinal Inscriptions on Bitcoin Blockchain Spark Debate Among Crypto Community The controversial NFT concept … Read more
Smart contracts functionalities on the Bitcoin network could boost adoption and provide additional liquidity to DeFi. Go to Source Powered by WPeMatico
A Glassnode report reveals that cryptocurrency exchanges some major exchanges are still holding despite being heavy consumers of Bitcoin block space. Go to Source Powered by WPeMatico
Taproot soft fork introduces the concept of Merkelized Abstract Syntax Tree (MAST) to improve the scripting capabilities and privacy of the Bitcoin network. Go to Source Powered by WPeMatico
