CheckLockTimeVerify, or How a Time-Lock Patch Will Boost Bitcoin's Potential
CheckLockTimeVerify (CLTV) has been merged into Bitcoin Core. This is generally considered great news, because it means that Bitcoin's potential has improved drastically. In particular, the patch that was proposed by Bitcoin Core developer Peter Todd allows for the proper establishment of payment channels. This means that Bitcoin users will be able to....
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Yesterday, Bitcoin Core developer Peter Todd posted his draft for a new Bitcoin opcode, CHECKLOCKTIMEVERIFY. This new script gives Bitcoin powerful new features and solves transaction malleability issues. In his BIP draft Todd reveals use cases for Escrow, Time-locked Refunds, Two-factor Wallets, Micropayment Channels, Trustless Payments, and more. "Very nice," Gavin Andresen responded on the Bitcoin-development mailing list, supportive of Todd's request for peer review. He recommended deferring the "knock-down[sic] drag-out" deployment discussion. He stated his preference in achieving....
Woodland Patchwork is an enclave and exclave micronation spread out over 10,117 km squared of non-contiguous land in the Japanese Archipelago. Woodland Patchwork "The Patch" is a small micronation declared autonomous from Japan on October 23, 2013 by Hideyuki Yoshida. Over the last twenty years, Hideyuki Yoshida has laid legal claim to 2.5 million acres of abandoned woodlands. "The Patch" describes itself as a "sovereign, independent, nature-based, territorial micronation" participating in the "new nation project." Currently, only 11 "Woodlanders", "Woodlander" being the demonym for a....
Beginning in October, Microsoft will begin it’s new patch policy that will release new patches as rollup updates. This could put businesses and other’s in a sticky situation of either having to accept the risk of not applying patch updates or doing so and potentially disrupting mission critical apps. Microsoft “Rollup Updates” Could Create Headaches for Businesses. In the past, Windows patches were released individually, which allowed people and system administrators to selectively apply them in a piecemeal-like fashion. With the new patch policy, users will no longer be afforded this....
The ‘Speedy Trial’ lock-in period for the Bitcoin network upgrade Taproot is now complete. Data from taproot.watch details the lock-in has been achieved and it was locked in at block height 687,285 and mined by the mining pool Slushpool. Bitcoin Taproot Lock-in Complete at Block Height 687,285 Taproot is coming this November as the web portal taproot.watch indicates that the lock-in period of signaling has finished. “This period has reached 1815 Taproot signaling blocks, which is required for lock-in.” The Taproot upgrade is considered one of the largest upgrades....
The Boost community has seen huge developments in the last month. Features from the highly anticipated Boost DeFi app have started going live and by mid-November even more will be available. Boost’s native token, Boost Coin, has seen amazing results so far. Analysts are predicting Boost Coin will reach $1 as the app gets closer […]