Bitcoin XT Discussion: “Have Wallets Refuse To Send To Known-Non-Compliant Wallets”

Bitcoin XT Discussion: “Have Wallets Refuse To Send To Known-Non-Compliant Wallets”

Trouble is brewing in the world of Bitcoin and digital currencies now that wallet provider and exchange platform Coinbase started running the Bitcoin XT client as part of their production servers. As many of you are well aware, Bitcoin XT is considered a fork of Bitcoin Core and was launched to address the upcoming block size debate issue. Another discussion has spawned forth from this decision, even though it was announced weeks ago. Putting all egos aside for a minute – quite a monumental task in the Bitcoin world, mind you – Bitcoin XT is listed as a “hard fork” of Bitcoin. As a result,....


Related News

Over 13% of Bitcoin Crime Proceeds Laundered Through ‘Privacy Wallets’: Elliptic

The number of crypto criminals using so-called privacy wallets to help hide their identities is on the rise, according to analytics firm Elliptic.

Multisignature Wallets Can Keep Your Coins Safer (If You Use Them Right)

Multisignature wallets are cryptocurrency wallets which require two or more private keys to sign and send a transaction.

Brain Wallets Are Not Secure and ‘No One Should Use Them,’ Says Study

The so-called “brain wallets” have always been a topic of heavy debate in the Bitcoin world, as this solution to store funds is far from secure. Memorizing passwords is hard enough for people, but there are bigger worries with brain wallets than most people anticipate, according to a new study. Despite the idea of a brain wallet using cryptography to add....

Crypto lobby defends self-hosted wallets and P2P from rumored gov't crackdown

As everyone waits on new KYC and AML regulators, many speak out to keep unhosted wallets free of controls. Major players in U.S. crypto lobbying are coming out in defense of noncustodial wallets.On Tuesday, the Blockchain Association released a new report presenting policy options for self-hosted wallets to regulators. On Wednesday, Coin Center published an expert view by Jai Ramaswamy, also defending such wallets. The Blockchain Association is a trade organization for the crypto industry, while Coin Center is a nonprofit focused on defending decentralization before policymakers. Both are....

'Not even a single TX has been censored on ETH' — Cyber Capital founder

Bons noted that even with 50% OFAC compliance among Ethereum validators, blocks will still be produced within 30 seconds. Ethereum bulls have hit back against claims the network has become prone to censorship post-Merge, with one arguing that “not even a single” transaction has been censored on the network. In a 19-part thread to his 29,100 followers on Oct. 17, Cyber Capital founder and CIO Justin Bons argued that contrary to “what some Bitcoiners are falsely claiming,” not a single transaction on Ethereum has been stopped as a result of Office of Foreign Assets Control (OFAC) sanctions.....