Developers redo Satoshi software
A team of software developers is releasing a new bitcoin client, designed as an alternative to the original software that implemented the Bitcoin protocol. The new software, called btcd, solves several issues that they say made it difficult to port the software to new operating systems, and will be showcased at the Bitcoin 2013 conference later this week. Bitcoind was the original Bitcoin client implementing the bitcoin protocol, and was partly developed by Satoshi, the mysterious inventor of the Bitcoin algorithm. It was developed as a 'daemon' - a program designed to be started and....
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Satoshi Nakamoto, creator of Bitcoin, still remains a myth to everyone. Will we ever know his true identity? More than often, people who are newly introduced to Bitcoin have no idea that the currency is already several years old. The idea of Bitcoin was first introduced in 2008, when a man named 'Satoshi Nakamoto' published a paper on The Cryptography Mailing list at metzdowd.com. This paper was called Bitcoin: a peer to peer electronic cash system and is still a classic among the 'old school' Bitcoin fans. Not that much later, in 2009, he released the first Bitcoin software that enabled....
A Hungarian company is about to launch an enterprise-class software product designed to make it easy for businesses to create bitcoin-enabled applications. Bits of Proof (BOP) calls the open-source software, "Red Hat for Bitcoin." The BOP Enterprise Bitcoin Server is a redone version of the core software originally designed by Bitcoin creator Satoshi Nakamoto that communicates with other computers on the Bitcoin network. Bits of Proof founder Tamas Blummer has reworked the algorithm using his own code, creating an entirely new version of the software. He then developed a messaging system....
The BitLicense is continually evolving; today, the NYDFS has clarified that Bitcoin software developers do not need to apply for a BitLicense. Additionally, the official comment period on the proposed BitLicense regulations by the NYDFS has again been extended to accommodate the anticipated revised proposal. The NYDFS has promised to have a revised proposal for the public by the end of October. Lawsky spoke today at the Benjamin N. Cardoza School of Law in New York City with a panel of digital currency experts. By admitting the areas that the NYDFS does not wish to over-extend into,....
BitPay has lured one of the key volunteer bitcoin developers to work for it full time. Jeff Garzik will be coding for the company, which will also allow him to develop software for the broader bitcoin community. Garzik has worked at Red Hat, a developer of LINUX software, since 2002, serving as principal software engineer. He has also been a core bitcoin developer since the beginning, working on the Satoshi client, and is listed as one of seven such developers on bitcoin.org. He founded the site Bitcoin Watch, which provides real-time snapshots of bitcoin market data. His full-time....
Today is the eighth anniversary of the bitcoin genesis block, and a lot has happened since the digital currency’s birth. The genesis block was the starting point for the bitcoin blockchain on its path to becoming a revolutionary network for peer-to-peer transfers of value. The Genesis Block. On January 3rd, 2009 Satoshi Nakamoto unleashed the genesis....