Bitcoin Developers Have Technical Expertise That Users Don’t
Bitcoin is defined by its users, but how many node operators understand and verify protocol changes on a nuanced and deeply technical level?This is an opinion editorial by Shinobi, a self-taught educator in the Bitcoin space and tech-oriented Bitcoin podcast host.Bitcoin is ultimately defined by its users, by the people actually running nodes and enforcing the protocol rules to verify the payments they receive over the network. This is a fundamental and inescapable property of the Bitcoin network, so long as users choose to engage in this activity. This does not however mean that users....
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There is a misconception in the bitcoin community that the roadmap for how bitcoin should scale is based almost entirely on the technical judgment of the Bitcoin Core developers. While the Bitcoin Core roadmap does draw heavily on the substantial technical expertise of the Core developers, there are many non-technical factors that influence the Core roadmap. Many people agree with Core on all of the technical issues, yet still disagree with their roadmap. That's because the roadmap is based on assumptions about economics, group psychology, ethics and many other things which we have no....
With the recent attack on the Ethereum DAO, it raises the question of how much technical knowledge do individuals and organizations need to know before applying smart contracts to their businesses? Smart Contracts Have a Ways to go and Need Developers. Recently, an article from the Australian Financial Review explained that distributed ledger tech may be....
Big financial institutions are investing huge sums of money in blockchain technology, recognizing the improvement it can bring to their operations. But what about the many companies that don’t have access to the capital and human resources these big institutions have? Many companies don’t have IT staff with blockchain development skills. To make sure that no one gets cut out of the emerging blockchain economy, a team of entrepreneurs has created Blockgeeks, a blockchain technology resource. The Blockgeeks website describes the company as a blockchain innovation hub and marketplace offering....
As the transition to Eth2 edges closer, Ethereum developers have launched a program for the non-technical users and technical users alike to help test the upcoming Beacon Chain merge. Ethereum (ETH) developers have put out a call to the community to help test the long awaited Merge between the Ethereum Mainnet and the proof-of-stake (PoS) based Beacon Chain. The Merge is a major milestone towards the transition to Eth2 as it will see the Ethereum network become a PoS blockchain, decreasing its energy consumption by 99%. On Nov. 29 Ethereum developer Marius van der Wijden announced a new....
The Bitcoin foundation will hold the first of a series of roundtable discussions for developers in Boston next month. The organisation, which has recently narrowed down its activities, said the event is for developers interested in deepening their technical expertise to support the future development of Bitcoin Core. Gavin Andresen, chief scientist of the Bitcoin Foundation spoke about the need for the event, saying: "The biggest challenge for bitcoin startups right now is finding technical talent who understands the blockchain technology. Whatever your skill level or interest, this event....