The Curious Case of Gregory Maxwell & The Lightning Network
The Bitcoin world never shies away from a good conversation, although some of the discussions may turn out quite differently from what people originally anticipated. Bitcoin Core developer Gregory Maxwell recently engaged in quite an interesting debate about the Lightning Network, and whether or not it will be decentralized, or how transactions will be....
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The Bitcoin block size debate is still far from over, as a new capacity increases page with initial signatures has been posted on GitHub very recently. Quite a few prominent names in the Bitcoin industry have all signed the roadmap, including Charlie Lee, Cory Fields, Gregory Maxwell, and, surprisingly enough, Theymos. Whether or not a consensus can be reached regarding this proposal, remains to be seen, though. The proposal in question was penned down by Gregory Maxwell after the recent Scaling Bitcoin Workshop in Hong Kong, which took place in early December 2014. With so many new,....
Mike Hearn decided to clear the air as he made public a chat between Gregory Maxwell and himself. A popular reddit post called “Thank You Mike Hearn” had found its way to the front page with what seems to be a copy & pasted debate between Hearn and Maxwell arguing over Bitcoin scale. “It was well …. understood that the users of Bitcoin would wish to....
With the increasing adoption of Bitcoin, cypherpunks have once again risen to prominence. As Gregory Maxwell and Peter Todd, self-proclaimed cypherpunks, and Adam Back, the inventor of Hashcash, pave a path for BitcoinCT r: 8, their vision highlights a cautious approach in an attempt to not repeat the mistakes of the 90s. Are they right or are they about to repeat the precise mistakes they wish to avoid? Gregory Maxwell, one of the five core Bitcoin developers until recently, revealed in a post two months ago that he and Todd had a long history with Bitcoin. Maxwell says: “In 2001 Peter....
Bitcoin holds a lot of promise as a decentralized currency, but there are many technical issues to be tackled as adoption increases. No one knows this better than core developer Gregory Maxwell, who has been contributing to bitcoin's software since the early days. A long time open-source and cryptography advocate, Maxwell was an early contributor to Wikipedia and worked for the Mozilla Foundation. He is now a co-founder of Blockstream, which has raised $21m with ambitious plans to push forward the development of bitcoin to better secure its future. Maxwell recently talked to CoinDesk at....
One of the main reasons why the Bitcoin block size debate has been attracting so much attention is that there is a growing number of network transactions that need to be validated. By increasing the Bitcoin block size limit, more transactions can be included in every network block. According to Gregory Maxwell, there is no real need to include more....