Leaked Bitcoin Foundation Docs Discuss Transaction Reversing, Bitcoin Blacklists, More

Leaked Bitcoin Foundation Docs Discuss Transaction Reversing, Bitcoin Blacklists, More

A series of private documents with discussions not meant to be seen by all eyes have been leaked on the BitcoinTalk forums today, pointing at some features that perhaps threaten the very idea of Bitcoin as we know it. The documents discuss Bitcoin blacklisting, transaction reversing, and proof of sacrifice - a new proof of work for asset forfeiture. The original poster of the documents added the following: "It is VERY important that you understand what is going on behind closed doors of the Bitcoin Foundation. I am absolutely disgusted by the approach the foundation is taking to make....


Related News

Leaked Docs Reveal How Binance Dealt With US Regulations: Report

Crypto trading colossus Binance created a corporate plan for profiting from the U.S. market while avoiding regulatory scrutiny, Forbes reported Thursday, citing a 2018 document it obtained.

Developing: Bitcoin Foundation Survival Proposal and Financials Leak

According to an internal document obtained by Bitcoin Magazine, the Bitcoin Foundation is considering splitting into two separate organizations. Under this proposal, an entirely new entity would be created to fund core development (the Bitcoin Foundation's current focus), while a slimmed-down Foundation would continue as a promotional organization supported by its current membership. This pivot would return the Foundation to its original vision in a bid to ensure its survival. The internal document cites the many challenges that the Foundation has faced, including reputational damage,....

Good News for Bitcoin sellers in Coinlink.net

Coinlink.net is a new promising bitcoin trading platform, registered in UK as COINLINK LIMITED, it offers the flexibility for members to trade bitcoins by placing buy or sell limit orders, and accept bitcoin payments in their e-commerce websites as merchants. BANK TRANSFER” this is the request of a lot of sellers on COINLINK. As customers are prioritized this feature for withdrawing money was added, with fees as low as 0.5%, to maintain an improved experience on their platform. Besides, a Deposit Money Simulator <https://www.coinlink.net/en/docs/fees/sendmoneyfees> and a....

Bitcoin Foundation Receives $65,000 from Mystery Mining Pool

Half of the proceeds from an apparently errant bitcoin transaction, in which 291 BTC (then $136,000) was sent as a fee, has been given away by the recipient mining pool. The Bitcoin Foundation said today that it received 146 BTC ($65,000) from BitClub, which on 27th April received the fee as part of block 409,008 on the network. The transaction drew notable industry attention and media coverage, given that the average transaction fee at the time was 31 satoshis, or less than $0.01. Following the incident, BitClub issued a public call for the individual behind the transaction to come....

Bitcoin Address Blacklists Found in Gentoo Linux

Bitcoin Address Blacklists have been found in the Gentoo Linux bitcoind 0.9.3 distribution. The patch was deployed by Bitcoin developer Luke Dashjr (aka Luke-Jr), who maintains the Gentoo distribution. A bug report was posted to Gentoo's bug repository: net-p2p/bitcoind and net-p2p/bitcoin-qt enables ljr use flag by default, breaks bitcoin. The official bitcoind and bitcoin-qt in Gentoo enables patches which breaks Bitcoin by default. Please disable the ljr patches by default or preferably all together. Enabling the [ljr use flag] results in errors like these: 2014-10-05 11:38:09 ERROR:....