Chain's API Takes the Hard Work Out of Bitcoin App Development
Developing for bitcoin can be a bit of a slog. The protocol was designed with transactions, not applications, in mind, and getting to grips with the technology can be intimidating, not only for the general public, but for developers too. All of that may be about to change thanks to Chain, a new bitcoin infrastructure that could make it easier than ever for developers to build on top of the technology. Enthusiasts often dream of the applications that could be created with bitcoin's technology. Chain could finally attract the critical mass of developers needed to turn that dream into....
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The dogecoin development team has announced that it will soon enable auxiliary proof-of-work (AuxPoW), allowing merge-mining with litecoin that will address concerns over the altcoin's future. AuxPoW enables the dogecoin block chain to receive work from other scrypt-based networks. Dogecoin miners will still be able to generate blocks and receive DOGE, but now, litecoin miners will contribute hashing power to the dogecoin network. The move, announced on the dogecoin subreddit, follows a months-long period of community debate focusing on the question of long-term viability in the dogecoin....
Brian Armstrong, Coinbase’s CEO, publicly said he does not support the statement of around 20 bitcoin exchanges which says that in the event of a hard fork they will list the Bitcoin Core chain as BTC regardless of the longest chain or, presumably, regardless of price and other factors. Armstrong said: “It doesn’t make sense to say BTC can only be modified by one development team. If there is overwhelming support from miners and users around any new version of the software (regardless of who wrote it), then I think that will be called Bitcoin (or BTC).” Another exchange, Yunbi, has come....
Gavin Andresen, Chief Scientist at the Bitcoin Foundation and Lead Developer of Bitcoin until 2014, held an extensive Q&A session with the Chinese bitcoin community yesterday. Answering a range of questions from a diverse array of topics, the session focused on the most pressing issue in bitcoin, transaction capacity. Acknowledging the Beijing meeting between miners and industry in a number of answers, Andresen’s response to what seems to be the biggest worry, the co-existence of two-chains, was: “BIP109 does not hard fork at 75%, it hard forks 28 days after 75% has been reached– so....
HARD Protocol Version 2 introduces significant changes and enhancements to the HARD cross-chain money market. Catering to the needs of institutional players will take DeFi to the next level of mainstream adoption. HARD Protocol is a decentralized money market built on the Kava platform and enables lending and borrowing of cross-chain assets. In the Version […]
The Bnb Smart Chain commenced the blockchain’s hard fork on October 12, at block height 22,107,423, in order to add a security patch to “mitigate the cross-chain infrastructure between [the] Beacon Chain and Smart Chain.” Binance and the Bnb Smart Chain suspended withdrawals and deposits on Wednesday in order to execute the upgrade. Not too long after, Binance noted that the upgrade was complete a touch after 5 a.m. (ET) on Wednesday morning.
Bnb Smart Chain Hard Forks to Apply Exploit Patch
Five days ago, the Bnb Smart Chain was exploited for roughly $100....