Meet Bitcoin Unlimited Developer Andrew Stone
Bitcoin.com recently chatted with Bitcoin Unlimited (BU) developer Andrew Stone to discuss the alternative client and the current block size debate. Lately, the cryptocurrency community has been asking who the BU developers are, and what are their qualifications. This interview is meant to shed some light on development and Stone’s opinion of the goals....
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Bitcoin.com pool has lost 13.21 BTC or over $12,000 USD due to a bug in BitcoinUnlimited software, which caused it to mine a block bigger than 1MB. So…What Happened? Bitcoin.com, an information portal, which also provides mining pool services has lost out on 13.2 BTC due to a bug in the Bitcoin Unlimited software, which is used on the pool. Bitcoinist spoke with Bitcoin Unlimited developer Andrew Stone a.k.a. “theZerg” to figure out what really happened: Bitcoinist: So what caused this bug? Andrew Stone (AS): The bug was caused by a miscounting of the bytes in the coinbase. Basically the....
Bitcoin Unlimited, one of the Bitcoin Core software forks introduced in late 2015, garnered much attention in recent months. The project gained hash power support from several new Bitcoin mining pools, including ViaBTC, GBMiners and BTC.TOP, while node adoption appears to be on the rise as well. The central idea behind Bitcoin Unlimited — specified in “Bitcoin Unlimited Improvement Proposal 001” (BUIP001) — is to hand control of Bitcoin’s block size limit to users and miners. Or perhaps more accurately: to make this control more explicit and easier to handle. Here’s how. The Proposal. The....
Following a two-year hiatus, the American magazine that’s dedicated to music, politics, and popular culture, Rolling Stone, announced the return of Rolling Stone Live. According to the publication, the Rolling Stone Live event marks the company’s first collaboration with Coinbase and the two firms will be dropping exclusive non-fungible tokens (NFTs). Rolling Stone Live 2022 Will be Presented by Coinbase This Year, Event Will Feature a Limited Edition Collection of NFTs Crafted by 12 Digital Artists Rolling Stone has teamed up with Coinbase in order to drop an exclusive....
New York-based asset managers Stone Ridge confirms 10k Bitcoin ($115 million) holding in its treasury. Stone Ridge purchased the Bitcoin via subsidiary firm New York Digital Investment Group (NYDIG), one of the few companies with a BitLicense issued by the New York State Department of Financial Services (NYSDFS). Stone Ridge becomes the latest high profile […]
On March 15, Bitcoin Unlimited suffered from an attack that led to a 6-hour downtime for miners and node operators. Miners lost over $200,000 in revenue and nodes crashed, bringing the node count of Bitcoin Unlimited down from 800 to roughly 300. This particular attack or software crash didn’t necessarily have a major impact on the Bitcoin network. However, it signified that the Bitcoin Unlimited team most likely don’t have the experience and expertise to lead the development of Bitcoin. The March 15 software crash is Bitcoin Unlimited’s second bug exploitation in 2017. One major criticism....