Aaron van Wirdum is the former Editor-in-Chief of Bitcoin Magazine and author of The Genesis Book: The Story of the People and Projects That Inspired Bitcoin.
Last week’s Bitfinex hack, in which Bitcoin’s leading exchange lost almost 120,000 bitcoins valued some $70 million USD at the time, represented a depressing realization for the Bitcoin community....
Chaincode Labs developers Alex Morcos and Suhas Daftuar, and Blockstream developer Matt Corallo — three regular Bitcoin Core contributors ― will organize a month-long Bitcoin coding class at the Chaincode Labs...
Ross Ulbricht’s legal defense filed a reply to the government as part of his appeal this week. On behalf of Ulbricht, who was sentenced to double life in prison...
Last month, the European Commission published a draft directive proposing to extend anti-money laundering (AML) regulation to both virtual currency exchange services and custodial wallet providers. The draft suggests that...
The Fast Relay Network, also known as Matt Corallo's Relay Network, is a relatively straightforward relay network setup by Corallo, and has existed for some years. The Fast Relay Network consists of nine nodes, distributed strategically around the globe. Designed as a hub-and-spoke model, miners can connect to the relay node closest to them to send and receive blocks over this network. This is significantly faster than Bitcoin's peer-to-peer network.
Head First Mining is a trick proposed by former Bitcoin Core lead developer Gavin Andresen. With Head First Mining, miners don’t wait for the complete block to arrive before they start mining a subsequent block. Instead, they immediately mine on top of the block header as soon as they receive it, and also forward the header to other nodes. This obviously saves time.
Ethereum hard forked today. As per what seemed to be the popular demand, the protocol rules have been updated incompatibly with the existing Ethereum protocol. Users have essentially moved...