Lawrence Nahum: Bitcoin Wallet GreenAddress Already Integrating Segregated Witness
The ongoing block size dispute has catapulted to the center of attention again. One of the most talked about developments right now is Segregated Witness, of which a public testnet iteration was launched last week. The innovation as recently proposed by Blockstream co-founder and Bitcoin Core developer Dr. Pieter Wuille is a centerpiece of a scalability....
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Blockstream announced the acquisition of Bitcoin wallet provider GreenAddress on Wednesday. In a post on the company’s official blog, Blockstream President Adam Back noted, “GreenAddress has a demonstrated track record of delivering an industry-leading product that prioritizes security, privacy and convenience.” GreenAddress has been quick to implement new Bitcoin features, such as fee estimation and replace-by-fee, into its own wallet. Also, GreenAddress developer Lawrence Nahum is a supporter of the Bitcoin Core scalability roadmap and says he’s excited about the improvements that are....
Blockstream’s acquisition of GreenAddress, a Bitcoin wallet software provider based in Europe, has nothing to do with the Lightning Network, says Lawrence Nahum, CEO and founder of GreenAddress. Blockstream started developing the Lightning Network which is aimed at providing a scalable, instant Bitcoin/Blockchain transactions at a low cost. It is one of scalability ideas which has been proposed by the Bitcoin development community. Nahum reveals to CoinTelegraph that the acquisition is geared towards improving the wallet. He says: “Both teams from GreenAddress and Blockstream have strong....
Bitcoin infrastructure architect Blockstream has acquired wallet provider GreenAddress in a move the startup says could impact the development of its signature, still in-development sidechains solution. Following the acquisition, GreenAddress Wallet's team of three developers will continue to work on privacy and security bolstering features for the wallet as well as compatibility for sidechains, a bitcoin infrastructure component that Blockstream has raised $76m in two investment rounds to engineer. In interview, former GreenAddress founder and CEO Lawrence Nahum, now senior architect at....
Bitcoin wallet provider GreenAddress was always critical of raising Bitcoin's block-size limit. As one of the first in the space in May of this year, the European multisig-wallet and software company publicly opposed Bitcoin XT and Bitcoin Core developer Gavin Andresen's initial plans to increase the maximum block size. Now, more than six months later, GreenAddress CEO Lawrence Nahum still holds firm, telling Bitcoin Magazine, "We are approaching this issue with an open yet conservative mind, and with the idea that first and foremost Bitcoin should be censorship resistant, and thus....
In the midst of a heated debate over block size and Bitcoin’s future, Bitcoin Core developers Dr. Pieter Wuille, Eric Lombrozo and Johnson Lau have launched a third iteration of the Segregated Witness “testnet.” Dubbed SegNet, the latest version of the Bitcoin test network includes several improvements over its predecessors, and is available to anyone who wants to try it or experiment. SegNet, like the previous versions, is essentially a clone of Bitcoin, specifically intended as a demo version. But while the two earlier SegNets were open only to developers working on the project, now....