Peter Todd on BitGo’s Patenting of Multisig, MIT’s Funding of Core Development, and Innovation
When Peter Todd tweetedhis thoughts about BitGo and their patent claims, it set off and opened the door for an online debate about the role of patents in the cryptocurrency space and their impact on innovation. CoinTelegraph spoke to Todd about the issue, along with the topics of centralized blockchains and Bitcoin core development funding. CoinTelegraph: Can you speak on your tweet and your concern about BitGo’s patent filing? Peter Todd: It’s known that BitGo was using the term “patent pending” to promote their technology to potential clients and investors. It is known that they did....
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In a surprising development on Wednesday, Bitcoin developer Peter Todd released information around MIT’s ChainAnchor project. ChainAnchor supposedly involves enticing miners with additional compensation to ensure that only transactions from a list of identified and registered users are included in blocks. The news comes at a time of accelerating initiatives to adopt facets of Bitcoin’s Blockchain technology into traditional banking and trading of other digital assets or securities. The uses all fall under AML or KYC regulations that ChainAnchor would help with. Identity has long been at....
A new email has been sent out by the Bitcoin Foundation, which has caused a lot of confusion and disgruntlement among Bitcoin experts. Peter Todd responded on Twitter stressing how he’s not a Bitcoin Foundation member and doesn’t wish to be represented by them. What is the Bitcoin Foundation up to Now? The email in question was sent out to the Bitcoin....
Bitcoin Core developer and current Coinkite advisor Peter Todd has been hired by the Viacoin development team to work on a Bitcoin 2.0 technology concept. Todd will serve as chief scientist and advisor on both the Viacoin core project and the decentralized smart contract platform ClearingHouse, which is being developed in tandem with Viacoin. The primary focus of his work will be treechains, a concept created by Todd that allows for block chain scalability and side-chain coordination. Furthermore, treechains promote a greater degree of mining decentralization - a key issue facing the....
Core developer Peter Todd is known for his forthright ideas on how to improve the security and stability of bitcoin, while staying true to the technology's decentralised roots. An avid Twitter user and conference regular, Todd has worked on everything from off-chain transactions and privacy-enhancing stealth addresses to '2.0' projects like Viacoin, Counterparty and coloured coins. In this video, he discusses his first experiences with bitcoin and precursor Hashcash and I ask how centralisation, regulation and scalability might shape bitcoin's future. View the full video interview below:....
CoinTelegraph reached out to a few Israeli Bitcoin startups to get an idea of the local ecosystem, and according to many, the country is a "forerunner." Mathematician Meni Rosenfeld said: Earlier this week, Blocktrail, a Bitcoin API provider, discovered a bug in BitGo’s security platform that causes Bitstamp's transaction data to be identifiable on the blockchain. "I think the Bitcoin community in Israel is more coherent than in many other places in the world, which can be attributed to the small size of the country. Everyone is in driving distance from anyone else, so its much easier to....