Core Developer Unveils ‘Successful’ Zero-knowledge Contingent Payment
Bitcoin Core team’s website has announced the first successful zero-knowledge contingent payment. Unveiled by Gregory Maxwell, the protocol ZKCP was first proposed in 2011 on Bitcoin Wiki. The ZKCP transaction platform enables buyers and sellers to purchase data in a trustless way. The Core developer explains if one accepts the existence of the....
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Zero Knowledge Contingent Payments are have been made a reality for Bitcoin users everywhere. Core dev Gregory Maxwell and Sean Bowe, a member of the Zcash team, completed the first payment of this type on the bitcoin network a few days back, using a simple script to transfer the answer to a sudoku puzzle over the internet for bitcoin in a secure, non-reversible manner. Zero Knowledge Brings Unique Functionality To Bitcoin. With Ethereum smart-contracts proliferating in the open source community and OpenBlockchain based development on the horizon, Bitcoin as a platform for advanced....
PRESS RELEASE. Zug, Switzerland — Ambrosus Core, the technical foundation of Ambrosus Ecosystem, has announced the launch of a substantial developer funding program — $10 million for developers deploying decentralized finance (DeFi) applications and other decentralized solutions on the Ambrosus blockchain.
Ambrosus is a fully operational Layer 1 EVM-compatible blockchain protocol providing scalability, zero-knowledge proof data security, and unique built-in data storage capacity. In order to support network growth and expand its user base, Ambrosus Core is....
Bitcoin Core developer Gloria Zhao shares what it’s like to work on Bitcoin and why the code needs to be maintained for the long-term security of the network.
Yesterday, BitPay Inc, the world's leading payment processor for Bitcoin announced an expansion to now 10 full time employees. BitPay, founded in 2011 by Tony Gallippi and Stephen Pair, has continued to expand in organizational and merchant growth. Through enabling now almost 7,000 merchants to be able to process payments in the Bitcoin currency, BitPay continues to lead the way in promoting the utility of Bitcoin. BitPay announced the newest additions to the team. Jeff Garzik, Bitcoin core-developer, will join staff to work full-time on Bitcoin and contribute his knowledge on the core....
The long-lasting block size dispute has catapulted into the center of attention again. One of the most talked-about developments is Segregated Witness, of which a public testnet iteration was launched last week. The innovation as recently proposed by Blockstream co-founder and Bitcoin Core developer Dr. Pieter Wuille is a centerpiece of a scalability “roadmap” set out by Bitcoin Core. To find out where the broader development community stands on Segregated Witness, Bitcoin Magazine reached out to library and wallet developers; those who will need to do the heavy lifting in order to utilize....