Bitcoin Core’s Version 24.0 Full-RBF Proposal Sparks Controversy, Synonym CEO...
During the last few weeks, a number of individuals have been discussing the upcoming release of Bitcoin Core version 24.0 and how the codebase will include full-replace-by-fee (RBF) logic. The discussion has become controversial as a few Lightning Network and zero confirmation advocates have expressed a distaste for the full-RBF idea. The CEO of Synonym, John Carvalho, has been a vocal critic of the proposal on Twitter and on Nov. 3, Carvalho remarked that a subset of Core developers “are currently trying to attack Bitcoin by forcing a pet agenda to make all transactions RBF by....
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A decision on the part of Core developers to use the same BIP ID number for their “compact blocks” proposal as its counterpart, “Xthin,” has ignited a controversy as some are now questioning the competency of Core developers. Xthin & Compact Blocks, One BIP. There has been an ongoing debate among the Bitcoin community regarding the decision of Core....
After weeks of continued bullishness, Helium has now succumbed to the bearish pressure going against the grain as the broader market skyrockets in the short term. The latest market data shows that HNT fell by nearly 16% since last week, leading to a flip in investor sentiment. Related Reading: Bitcoin Mine Shutdown In Norway Sparks […]
The non-profit Ethereum Foundation that holds the trademark for the name 'ethereum' said today it is "addressing" New York-based Grayscale Investments' newly revealed Ethereum (ETC) Investment Trust proposal. A subsidiary of Digital Currency Group (DCG), Grayscale plans for the investment vehicle to provide a means for accredited investors to gain exposure to a publicly traded digital asset called ethereum classic (ETC) by creating an open-ended, titled security. The problem: While there's one trademark, there are two versions of the cryptocurrency network bearing a variation of....
Bitcoin Core’s innovative solution designed to scale the Bitcoin network by moving witness data outside the traditional block structure is finally approaching its release. The Bitcoin Core team announced on Twitter that the Segregated Witness release is on its “final countdown,” with various tests and necessary information in place to upgrade the Bitcoin network. Segregated Witness is a sophisticated scaling technology designed to provide two major benefits to Bitcoin miners, users, and businesses: elimination of malleability and capacity increase. Initially, the Segwit proposal was....
Segregated Witness (Segwit), proposed as a solution to bitcoin’s block size debate, is 99% a full proposal, a development that hasn’t occurred without some controversy. Many expect Segwit to increase the volume of transactions without altering the block size. The change will ultimately be triggered with a soft fork, in which the majority of the nodes have to update to make the change compatible with older software versions. The method by which the proposal has been advanced has been called political by some, including Vitalik Buterin, co-founder of Ethereum. Segwit’s Benefits. Unlike other....