Aaron Van Wirdum
How Bitcoin Unlimited Users May End Up on Different Blockchains
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. However, this control does come at the expense of Bitcoin’s strong and automated consensus mechanism. With BUIP001, there is a number of scenarios in which different users end up on different chains — either temporarily or permanently.
Stricter Bitcoin Regulation, Ban on Mixers Recommended at Interpol, Europol Conference
It appears the global fight against Bitcoin money laundering has turned up a notch.Last week, more than 400 financial investigators from money laundering, cybercrime and financial intelligence units, as...
Has This Ethereum Classic Developer Solved Proof of Stake?
In the quest for a reliable proof of stake algorithm, IOHK CEO and Ethereum Classic developer Charles Hoskinson believes his company has made a breakthrough.Charles Hoskinson was one of...
A Closer Look at Bitcoin Unlimited’s Configurable Block Size Proposal
BUIP001 — drafted by Bitcoin Unlimited lead developer Andrew Stone — disposes of the one-megabyte block size limit protocol rule entirely, and replaces it with three configurable options. Two of these are configurable by all node operators, which include regular users as well as miners. And a third option is only for miners.
Dutch Authorities Ramp Up Fight Against Bitcoin Money Laundering
Dutch public prosecutors and the tax inspection agency are ramping up their fight against bitcoin money laundering this year.According to research conducted by Dutch financial newspaper Het Financieel Dagblad...
Ethereum Classic Hard Forks; Defuses ‘Difficulty Bomb’
If the split between Ethereum and Ethereum Classic wasn’t definitive before, it is now.Ethereum Classic, the project born out of rejection of Ethereum’s reversal of The DAO, hard forked today. With that, Ethereum...
Lightning Network One Step Closer to Reality as Lightning Labs Announces Alpha Release
Lightning Labs, one of the prominent companies working to realize thelightningnetwork, announced this week the alpha release of the open-source lightning daemon they've been spearheading: LND. While only compatible with...
As User Base Grows, Decentralized Bitcoin Exchange Bitsquare to Rebrand
The decentralized bitcoin and altcoin exchange Bitsquare has decided that it must rebrand or face a costly legal battle.Launched last year, Bitsquare is the first decentralized bitcoin and altcoin exchange of...
Atomic Swaps: How the Lightning Network Extends to Altcoins
It is well-known that Bitcoin’s upcoming lightning network promises instant confirmations and low fees. What is not as well-known is that this highly anticipated scaling layer is actually not...
ValueShuffle Brings Together the Best of Both Worlds for Privacy
In the quest for privacy and fungibility in Bitcoin, two researchers (from Saarland University in Saarbrücken, Germany and Indiana’s Purdue University) presented a promising privacy enhancement proposal last week. ValueShuffle,...
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