What Is Bitcoin XT & What Is Happening With Development of The Bitcoin Core
After many attempts to debate the current block size consensus developer Gavin Andresen and Mike Hearn have forked Bitcoin Core into a patch called Bitcoin XT. Once XT 0.11A is launched (which will include the bigger blocks patch set by Gavin and myself), there will be a separate git branch that is Core 0.11 + only those patches and nothing else.....
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Successful businesses compete for winning technology standards all the time. In most of these battles, one standard eventually emerges victorious. The winning standard succeeds because it becomes best option after a hard-fought battle. This same standards rivalry needs to start happening within bitcoin software development. There needs to be competitive core development teams. In addition, there needs to be some sort of proper industry oversight. Without this, bitcoin faces extinction because it now needs to iterate. It needs to scale badly. Probably the best description for what is....
The Bitcoin Foundation has announced that it will seek to wind down its education, outreach and public policy initiatives as it turns its focus to core development. The news coincides with the publication today of three surveys conducted by the Bitcoin Foundation suggesting that many community members, both inside and outside of the organization, want to see it adopt a stronger focus on core development. The organisation wrote in its official blog post: "In the beginning, the foundation did it all - public policy, education and outreach, core development - primarily because there was no....
In a discussion about chain splits and governance failure during the Bitcoin Wednesday Meetup at the Eye Film Museum in Amsterdam, Netherlands, Bitcoin and security expert Andreas Antonopoulos noted that 95 percent of Bitcoin developments and developers are from the Bitcoin Core development team. Since mid-2016, the community of Bitcoin Unlimited supporters, developers and miners have been encouraging the execution of a hard fork in order to scale the Bitcoin network. While doing so, its supporters harshly criticized the Bitcoin Core development team, particularly popular online....
Dogecoin, born in jest, is now serious business. A major payment processor already supports Dogecoin payments. This has opened up the coin to a huge selection of international merchants. One such merchant is Hustler Magazine, which recently confirmed it would start accepting payments in Dogecoin. Dogecoin is also being embraced by new exchanges, including those in the lucrative Chinese market. Most importantly, the community seems as vibrant and passionate as ever. This is important. However, it matters little if there is no one maintaining the protocol and ensuring both the integrity and....
The Bitcoin Core Sponsorship Programme has recently been announced, which is dedicated of foster innovation in the world of Bitcoin and digital currencies. There is a lot of research and development waiting to be completed, and keeping in mind how Bitcoin Core powers the majority of the existing Bitcoin infrastructure, it makes sense to ask for help. Bitcoin Core Sponsorship Programme is Important. Even though the ongoing “battle” between Bitcoin Core and Bitcoin Classic is still going up, the Bitcoin Core Sponsorship Programme is not about adding more nodes or mining pools to the network.....