Bitcoin Developer Eric Lombrozo on Five Benefits of Segregated Witness
Segregated Witness has become the most talked-about breakthrough in Bitcoin development since the concept was presented in early December to the Scaling Bitcoin Workshop in Hong Kong by Bitcoin Core Developer Pieter Wuille. One of the men that Wuille thanked in the last slide of that presentation was Bitcoin Developer and Ciphrex CEO Eric Lombrozo.....
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Although Segregated Witness (SegWit) has near-universal support from the Bitcoin development community, there are some who say the changes required by individual wallet providers may be a bit too much to handle. But on a recent episode of Epicenter Bitcoin, Bitcoin Core Contributor and Ciphrex CEO Eric Lombrozo indicated that the complexities involved with these required changes have been overblown. While making his case for Segregated Witness, Lombrozo noted the Bitcoin wallet developers he’s worked with have been able to implement this change in a matter of days. Lombrozo was asked how....
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....
Today marks the release of Bitcoin Core version 0.13.1. This is the official introduction of Segregated Witness, the long-awaited centerpiece of Bitcoin Core’s scalability road map. Starting November 15, Bitcoin miners can signal support for the proposed protocol upgrade, which, if activated, enables a number of new features on the Bitcoin network as well as an effective block size limit increase. According to Bitcoin Core developer and Ciphrex Co-CEO, Eric Lombrozo, “Segregated Witness is the biggest extension of the protocol to date.” Segregated Witness. Segregated Witness is a proposed....
Segregated Witness has been merged into Bitcoin Core. During a Bitcoin Core development meeting on Thursday, it was decided that the code for Segregated Witness (SegWit) is ready to be merged into the master branch. According to Bitcoin Core contributor Eric Lombrozo, the merge is expected to take place in the coming days. Why This Is a Big Deal. Segregated Witness is an improvement to the Bitcoin protocol that enables a variety of new features and enhancements to the network. Much of the Bitcoin community is excited about this change due to its effective increase to the Bitcoin block size....
Bitcoin Core developers have deployed an initial implementation of Segregated Witness on a special testnet for Bitcoin, dubbed SegNet. SegNet allows developers to experiment with the highly anticipated innovation set to increase Bitcoin’s scalability, extensibility and performance. SegNet, like the original Bitcoin testnet, is essentially a clone of Bitcoin, specifically intended as a demo version. Bitcoin Core developers Pieter Wuille, Eric Lombrozo, Johnson Lau, Alex Morcos and several others constructed a set of patches in order to establish the new testnet, with an early iteration of....