Bitcoin Unlimited Announces Research Grant Program
The team behind a long-contentious proposal to upgrade the bitcoin protocol has announced it is making new funding available for research. In a blog post today, the Bitcoin Unlimited team revealed it has "several hundred thousand" dollars available to fund work it believes will help restore "Satoshi’s vision" for a global peer-to-peer digital cash system. The statements reflect criticisms of Bitcoin Core, the protocol's dominant development team, who have pushed to implement top-level networks that extend bitcoin's functionality without altering its current blockchain....
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The United States Air Force has quietly been working on a Bitcoin payment gateway. Through an SBIRor Small Business Innovation Research grant to the Department of Defense, Utica New York based Critical Technologies Inc. has been working on a commercial product for the Air Force since applying for the grant back in 2012 (starting Fiscal Year 2013). Coincidentally, the Bitcoin Foundation began its grant proposal process in 2012 and also awarded its first grant in 2013. SBIR further explains explains its grant program for small business conducting federal research and R&D on its....
National Science Foundation Awards Research Grants on the Science and Applications of Cryptocurrency
The National Science Foundation has awarded research grants on the science and applications of crypto-currency, with approximately $1 million awarded to date. The NSF initiative is part of the "Secure and Trustworthy Cyberspace" program for cybersecurity research and development to minimize the dangers of cyber technology, promote education and training in cybersecurity, establish a science of cybersecurity and convert promising cybersecurity research into practice. The NSF grant has been awarded to Emin Sirer at Cornell University (grant information here), Elaine Shi, Michael Hicks,....
Bitcoin Unlimited nodes went down like a rock yesterday as a vulnerability was exploited. They now appear to have recovered, but the speed with which nodes fell is unprecedented. The cause appears to be the use of “asserts” in production. This will get a bit technical, but we asked a pseudo-anonymous Bitcoin Unlimited developer who would rather not be named to provide an explanation for a non-technical audience. He told CCN: “Assertions are used to capture programming errors, i.e. to check whether a condition that the programmer *believes* should hold true at a particular point in the....
ViaBTC has announced its support to Bitcoin Unlimited, mines its first Bitcoin Unlimited block. Bitcoin Unlimited, the fork of Bitcoin blockchain is receiving a lot of support lately. Soon after Bitcoin.com mining pool announced its support to Bitcoin Unlimited, another mining pool, ViaBTC has followed suit. ViaBTC, which claimed itself to be the fifth largest Bitcoin mining pool on Twitter recently has allocated its full hashing power to mine Bitcoin Unlimited blocks. The mining pool, launched on June 5, 2016, has rapidly climbed through the ranks to be among the top mining pools on the....
Bitmain, HaoBTC, BW, GBMiners and F2Pool are planning to mine through Bitcoin Unlimited, according to Haipo Yang, ViaBTC’s founder and former Tencent employee, China’s Facebook/Twitter, where he worked in mainly Linux-based C/C++ development. In combination, together with bitcoin.com, they account for around 60% of the network’s hashrate, making it almost a supermajority in favor of Bitcoin Unlimited, the grassroots long term solution to on-chain scalability decision making. A representative from Bitmain stated in response to my request for confirmation or denial of ViaBTC’s statement that....