Peter Todd Worried About Those Willing to ‘Fork Bitcoin at All Costs’
Bitcoin Core contributor Peter Todd recently discussed a variety of topics on The Crypto Show. Todd was asked if he is still worried about the possibly negative implications of a controversial hard fork induced by Bitcoin Classic or any other alternative Bitcoin client. said he is still worried about a hard fork due to some larger block size limit....
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In a recent blog post, Peter Todd, one of the more active bitcoin developers, raised the prospects of an amicable end to the so-called “civil war”. Setting out a condition, Todd states: “If major industry players were willing to commit to layer 2 solutions, I’d be willing to support something like a forced soft fork, and I’d be willing to support a coin voting hard fork even if they didn’t.” A forced-soft-fork is similar to an ordinary soft fork, but unupgraded clients won’t be able to spend their funds until they upgrade. However, in an email response, Todd states:....
Developer Peter Todd has caused quite a stir in the community by committing a double spend on Coinbase. Taking $10 from the company and buying Jeremy Gardner of the Augur project some reddit gold. Todd admitted to the action via Twitter and GitHub with the crack he created. At this time, Gardner says he and Todd were conversing, and Todd had decided to “make a point about security in the industry” Gardner goes on to say that he had succeeded on his first try and was able also to snap a screenshot of the action. Many people in the community went crazy on Twitter following this announcement.....
Consultant and Bitcoin Core Developer Peter Todd has advocated changes to the cryptocurrency’s proof-of-work (PoW) algorithm as the scaling debate continues. As the prospect of a Bitcoin hard fork looms and associated “politicized” activity remains, Todd suggested “researching a PoW change” would be a “good backup plan.” With some miners threatening 51% attacks against Bitcoin, researching a PoW change is a good backup plan: https://t.co/SEZ1qlxhAH. — Peter Todd (@petertoddbtc) March 19, 2017. The ongoing infighting over how to resolve Bitcoin’s capacity woes now directly involves the....
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....
Core developer Peter Todd is known for his forthright ideas on how to improve the security and stability of bitcoin, while staying true to the technology's decentralised roots. An avid Twitter user and conference regular, Todd has worked on everything from off-chain transactions and privacy-enhancing stealth addresses to '2.0' projects like Viacoin, Counterparty and coloured coins. In this video, he discusses his first experiences with bitcoin and precursor Hashcash and I ask how centralisation, regulation and scalability might shape bitcoin's future. View the full video interview below:....