Peter Todd and the Expansion of Bitcoin
As Bitcoin trickles into the mainstream, it’s easy to forget that it is still in Beta. The source code is constantly evolving with daily updates to the development repository, which has helped make it the most successful decentralized value store and immutable record that we have ever encountered. These updates range from minor changes, such as syntax and documentation updates, to major fixes that affect Bitcoin’s functionality. Major development proposals are formulated into BIPS, or Bitcoin Improvement Proposals. BIPS are formal proposals to change how Bitcoin will function by making....
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Developer Peter Todd has caused quite a stir in the community by committing a double spend on Coinbase. Taking $10 from the company and buying Jeremy Gardner of the Augur project some reddit gold. Todd admitted to the action via Twitter and GitHub with the crack he created. At this time, Gardner says he and Todd were conversing, and Todd had decided to “make a point about security in the industry” Gardner goes on to say that he had succeeded on his first try and was able also to snap a screenshot of the action. Many people in the community went crazy on Twitter following this announcement.....
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:....
Bitcoin Core contributor Peter Todd recently discussed a variety of topics on The Crypto Show. Todd was asked if he is still worried about the possibly negative implications of a controversial hard fork induced by Bitcoin Classic or any other alternative Bitcoin client. said he is still worried about a hard fork due to some larger block size limit supporters who seem willing to “fork Bitcoin at all costs.” When Todd was first asked how he felt about his hard fork worries, he brought up the fact that some parts of the Bitcoin community seem ready to fork the blockchain no matter what. He....
Consultant and Bitcoin Core Developer Peter Todd has advocated changes to the cryptocurrency’s proof-of-work (PoW) algorithm as the scaling debate continues. As the prospect of a Bitcoin hard fork looms and associated “politicized” activity remains, Todd suggested “researching a PoW change” would be a “good backup plan.” With some miners threatening 51% attacks against Bitcoin, researching a PoW change is a good backup plan: https://t.co/SEZ1qlxhAH. — Peter Todd (@petertoddbtc) March 19, 2017. The ongoing infighting over how to resolve Bitcoin’s capacity woes now directly involves the....
Bitcoin debit card provider Coinkite has announced that bitcoin core developer Peter Todd and forex trading veteran Nooshin Mohtashami will join the company in key advisory roles. Todd will serve as Coinkite's 'Chief Naysayer', helping the company review its infrastructure and business practices, while Mohtashami will join the company's advisory board. Noted for his work as a bitcoin developer, Todd is perhaps best known for his involvement with so-called 'Bitcoin 2.0' projects like Counterparty, Mastercoin and Colored Coins. He told CoinDesk that he was drawn to the project, in part,....