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BITCOIN TECH TALK
Bitcoin Gold: What you need to know. There’s a Bitcoin hard fork around the corner and it’s not 2x. Announced right before Bitcoin Cash forked, Bitcoin Gold is scheduled to go. Jimmy Song. Oct 9, 2017. How Segwit2x Replay Protection Works. ABOUT BITCOIN TECH TALK Bitcoin Educator, Developer and Entrepreneur. Book: https://amzn.to/2RSlnTb PGP Fingerprint: C1D7 97BE 7D10 5291 228C D70CFAA6 17E3 2679 E455
A GENTLE INTRODUCTION TO BITCOIN CORE DEVELOPMENT First, clone the bitcoin Git repository: git clone git@github.com:bitcoin/bitcoin. Next step will be to set up your development environment. This will depend heavily on the platform you’re on, but compiling is something you’ll need to do frequently so it’s well worth getting this part down. BITCOIN GOLD: WHAT YOU NEED TO KNOW Bitcoin Gold is the brainchild of Jack Liao and is launching as a hard fork of Bitcoin. The goal of BTG is to become a better gold than Bitcoin. The chief way they have decided to do this is trying to solve miner centralization through a proof-of-work change. Changing proof-of-work is generally going to require a hard fork and BTG hasdecided
MINING BTC/BCH: PAST, PRESENT AND FUTURE That is if 1 BCH = 0.13 BTC and BCH is 10% of the difficulty of BTC, Profitability = 0.13/0.1 = 1.3 => BCH is 30% more profitable than BTC. Anything over 1 means BCH is more profitable to mine, though to be fair, this doesn’t take into account transaction fees. The TRANSACTION MALLEABILITY EXPLAINED What is Transaction Malleability? To understand transaction malleability, it helps to think of Bitcoin as a global ledger and transactions as bank checks, as described in my previous SegWit article.. A transaction identifier, called a transaction hash, is something like a fingerprint and is unique.Unlike a fingerprint, the transaction ID changes if the transaction it represents changes in anyway.
ATOMIC SWAPS. DECRED AND LITECOIN COMPLETED SOMETHINGSEE MORE ONBITCOINTECHTALK.COM
REPLAY ATTACKS EXPLAINED. SEGWIT2X HAS GARNERED SOMESEE MORE ONBITCOINTECHTALK.COM
WHAT’S NEW IN BITCOIN CORE V0.15 What’s new in Bitcoin Core v0.15 — part 5. This is the final article in this series about features and improvements in Bitcoin Core v0.15. Today I’ll talk about a small implementation change by Matt Corallo that gives a huge boost in performance for nodes that are in sync and keeping up with the blockchain. Block validation: now up to50%
WHAT IS A BITCOIN MERKLIZED ABSTRACT SYNTAX TREE (MAST Follow. Oct 12, 2017 · 11 min read. Merklized Abstract Syntax Trees (MAST) are a proposed addition to Bitcoin that allows for smaller transaction sizes, more privacy, and larger smart contracts. In this post, we’ll explore the basics of MAST, describe its potential benefits, and summarize some of the current proposals to add it to theBITCOIN TECH TALK
Bitcoin Gold: What you need to know. There’s a Bitcoin hard fork around the corner and it’s not 2x. Announced right before Bitcoin Cash forked, Bitcoin Gold is scheduled to go. Jimmy Song. Oct 9, 2017. How Segwit2x Replay Protection Works. ABOUT BITCOIN TECH TALK Bitcoin Educator, Developer and Entrepreneur. Book: https://amzn.to/2RSlnTb PGP Fingerprint: C1D7 97BE 7D10 5291 228C D70CFAA6 17E3 2679 E455
A GENTLE INTRODUCTION TO BITCOIN CORE DEVELOPMENT First, clone the bitcoin Git repository: git clone git@github.com:bitcoin/bitcoin. Next step will be to set up your development environment. This will depend heavily on the platform you’re on, but compiling is something you’ll need to do frequently so it’s well worth getting this part down. BITCOIN GOLD: WHAT YOU NEED TO KNOW Bitcoin Gold is the brainchild of Jack Liao and is launching as a hard fork of Bitcoin. The goal of BTG is to become a better gold than Bitcoin. The chief way they have decided to do this is trying to solve miner centralization through a proof-of-work change. Changing proof-of-work is generally going to require a hard fork and BTG hasdecided
MINING BTC/BCH: PAST, PRESENT AND FUTURE That is if 1 BCH = 0.13 BTC and BCH is 10% of the difficulty of BTC, Profitability = 0.13/0.1 = 1.3 => BCH is 30% more profitable than BTC. Anything over 1 means BCH is more profitable to mine, though to be fair, this doesn’t take into account transaction fees. The TRANSACTION MALLEABILITY EXPLAINED What is Transaction Malleability? To understand transaction malleability, it helps to think of Bitcoin as a global ledger and transactions as bank checks, as described in my previous SegWit article.. A transaction identifier, called a transaction hash, is something like a fingerprint and is unique.Unlike a fingerprint, the transaction ID changes if the transaction it represents changes in anyway.
ATOMIC SWAPS. DECRED AND LITECOIN COMPLETED SOMETHINGSEE MORE ONBITCOINTECHTALK.COM
REPLAY ATTACKS EXPLAINED. SEGWIT2X HAS GARNERED SOMESEE MORE ONBITCOINTECHTALK.COM
WHAT’S NEW IN BITCOIN CORE V0.15 What’s new in Bitcoin Core v0.15 — part 5. This is the final article in this series about features and improvements in Bitcoin Core v0.15. Today I’ll talk about a small implementation change by Matt Corallo that gives a huge boost in performance for nodes that are in sync and keeping up with the blockchain. Block validation: now up to50%
WHAT IS A BITCOIN MERKLIZED ABSTRACT SYNTAX TREE (MAST Follow. Oct 12, 2017 · 11 min read. Merklized Abstract Syntax Trees (MAST) are a proposed addition to Bitcoin that allows for smaller transaction sizes, more privacy, and larger smart contracts. In this post, we’ll explore the basics of MAST, describe its potential benefits, and summarize some of the current proposals to add it to the LATEST STORIES PUBLISHED ON BITCOIN TECH TALK The Anatomy of Proof-of-Work. Proof-of-Work (PoW) was originally invented as a measure against email spams.Only later it was adapted to be used in digital cash . What PoW mining actually does under the hood, is that it converts kinetic energy (electricity) into a ledgerblock.
BITCOIN TECH TALK MISSION. AUTHORED WITH JOHN NEWBERY Bitcoin Tech Talk Mission. The Bitcoin community wants to know about technical improvements in clear language. Technical proposals should be presented fairly, in full and without spoonfeeding opinions. Bitcoin users can and should judge for themselves whether something is beneficial or not. Bitcoin users should be empowered through education WHAT’S NEW IN BITCOIN CORE V0.15 Initial Block Download (IBD) and reindex is 30–40% faster. IBD and reindex use 10–20% less memory. IBD flushes to disk far less frequently. 30–40% speed-up in IBD is an enormous win. It means that when you start up a fresh node, you’ll catch up to the chain tip much more quickly. Thanks to Pieter Wuille, Matt Corallo and JimmySong for
WHAT’S NEW IN BITCOIN CORE V0.15 The changes in v0.15 continue this philosophy. The v0.15 algorithm isn’t trying to be too clever, but simply extends the existing algorithm to improve performance under a range of circumstances. For full details of the algorithmic changes, see Alex Morcos’s gist and the Pull Request. Thanks to Matt Corallo, Alex Morcos and Jimmy Songfor
HOW TO STAY SAFE WITH BITCOIN. ORIGINALLY PUBLISHED HERE The nonstop increase of Bitcoin price over dollar has shown its reverse side. It has given birth to a brand new cybercrime industry based on numerous scams, even if THE ANATOMY OF PROOF-OF-WORK. PROOF-OF-WORK (POW) WAS Proof-of-Work (PoW) was originally invented as a measure against email spams.Only later it was adapted to be used in digital cash . What PoW mining actually does under the hood, is that it converts kinetic energy (electricity) into a ledger block. STUCK TRANSACTION? HOW TO FIX THIS DREADED PROBLEM USING As you can see, there were almost 100k transactions ahead of mine in line. After a few days I started working my way through the advice given in this stuck transaction thread on bitcoin.stackexchange.com.I didn’t have any luck with ViaBTC’s transaction accelerator, which seemed like the easiest solution.. Bread does not support Replace by Fee or Child Pays For Parent transactions, CONTRIBUTING TO BITCOIN CORE, A PERSONAL ACCOUNT Contributing to Bitcoin Core, a personal account. John Newbery. Follow. Aug 11, 2017 · 7 min read. In January of this year, I moved to New York to take a job contributing full time to open source Bitcoin projects. These are some of my experiences in those first few months. First of all, I recognize that I’m incredibly fortunate. HOW TO PROTECT AGAINST REPLAY ATTACKS The key to making this work is if one chain is longer than the other by a decent amount (at least 6, but better if it’s 20–30). Say chain 1 is at block 500,010 and chain 2 is at 500,000. Say you have a UTXO, u. Spend u on chain 1 with a locktime of 500,011 in tx1. WHAT’S NEW IN BITCOIN CORE V0.15 Medium is an open platform where 170 million readers come to find insightful and dynamic thinking. Here, expert and undiscovered voices alike dive into the heart of any topic and bring new ideas to thesurface. Learn more
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ALL ABOUT BITCOIN DEVELOPMENTFollowFollowing
How to Stay Safe with Bitcoin How to Stay Safe with Bitcoin Originally published here.Jimmy Song
Mar 21, 2019
Scaling Bitcoin: Schnorr Signatures Scaling Bitcoin: Schnorr Signatures Schnorr Signatures are an exciting innovation that can help scale on-chain transactions and improve privacy and security ofparticipants…
Chris Coverdale
May 22, 2018
The Anatomy of Proof-of-Work Proof-of-Work (PoW) was originally invented as a measure against email spams. Only later it was adapted to be used in digital cash .Hugo Nguyen
Feb 10, 2018
Stuck transaction? How to fix this dreaded problem using the power ofbitcoin
Stuck transaction? How to fix this dreaded problem using the powerof bitcoin
I have some of my bitcoin in Bread wallet and use it for sending bitcoin for everyday transactions. When sending a transaction,Bread gives…
Eric Allam
Dec 21, 2017
Segwit2x Bugs Explained Segwit2x Bugs Explained The Segwit2x hard fork was called off a little over a week ago in an email post to the 2x mailing list. Several parties threatenedto split…
Jimmy Song
Nov 20, 2017
Replay protection schemes in Segwit2X Replay protection schemes in Segwit2X With the recent Bitcoin Gold fork and planned Segwit2X fork in mid-November, the topic of keeping coins safe after disruptiveevents is…
Micah Lerner
Oct 31, 2017
How to Protect Against Replay Attacks How to Protect Against Replay Attacks Jeff Garzik recently reverted opt-in replay protection on the btc1 GitHub. This is causing some anxiety as many believe this lackof replay…
Jimmy Song
Oct 25, 2017
What is a Bitcoin Merklized Abstract Syntax Tree (MAST)? What is a Bitcoin Merklized Abstract Syntax Tree (MAST)? Merklized Abstract Syntax Trees (MAST) are a proposed addition to Bitcoin that allows for smaller transaction sizes, moreprivacy, and…
David A. Harding
Oct 12, 2017
Bitcoin Gold: What you need to know There’s a Bitcoin hard fork around the corner and it’s not 2x. Announced right before Bitcoin Cash forked, Bitcoin Gold is scheduledto go…
Jimmy Song
Oct 9, 2017
How Segwit2x Replay Protection Works How Segwit2x Replay Protection Works Note: This replay protection scheme has since been reverted! Please make sure you DO NOT use the protection scheme from thisarticle for…
Jimmy Song
Oct 4, 2017
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