Weekend Roundup: MIT Takes Over Bitcoin Core Dev Funding, Blocktech Announces P2P, Decentralized Library
Former lead developer and chief scientist at the Bitcoin Foundation, Gavin Andresen, announced on a blog post that the three Bitcoin core developers who were funded by the Bitcoin Foundation, will join the MIT Media Lab's newly established Digital Currency initiative. Talking to CoinTelegraph, Digital Currency Initiative's head, Brian Forde, said: BitSIM, a dual-chip overlay that is physically placed atop a phone's regular SIM card, will turn your phone – even if it's a "dumb" phone – into a Bitcoin wallet. "The Digital Currency Initiative is not hosting a development NOR a standards body.....
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The blockchain technology is enables us to reinvent a lot of applications and to develop a new generation of apps that simply weren’t possible only a few years ago. Blocktech is one company among working to enhance the use of the blockchain technology. Moreover, Blocktech is applying this new technology to develop several distributed applications, new....
The premise behind tech start-up Blocktech's Alexandria project is pretty simple: the Library of Alexandria wouldn't have been destroyed had there been a back-up unless the back-ups had been destroyed too. As many readers are surely aware, the Library of Alexandria was an Egyptian wonder that was destroyed during a war which Rome (who at the time ruled Egypt) was losing. Obviously there is no footage from the event, but historical accounts contend that it was Caesar himself who inadvertently started the fire by burning his own ships. Mankind will never know how much we really lost from the....
The latest version of Bitcoin Core was released yesterday, with key changes that address the declining number of nodes, how transaction fees are set for the Bitcoin Core wallet and simplifying the process for developers to get involved with bitcoin projects. It's perhaps the latter point that will have the biggest impact on how developers work with Bitcoin Core. The latest version of it includes a consensus library, which gives programmers easy access to the rules governing consensus on the bitcoin network, without having to run a full node. "We're splitting it out into a standalone....
Ever feel bogged down by ads when trying to access media? Ever get upset that content has been censored by governments or businesses? Ever wish people had more power in regards to how content is monetized? These problems may be solved with this new decentralized media project. The decentralized Library of Alexandria (DLOA) is already functional and....
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....