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BIP 151: The End-To-End Encryption Bitcoin Never Had – but Soon Will

Traffic over the Bitcoin network has always been unencrypted. Transactions and blocks are sent from node to node in plain sight, as are Bloom filters, which are often used by Simplified Payment Verification (SPV) nodes. All this data can, therefore, be seen by Internet Service Providers (ISPs), open-WiFi providers and anyone monitoring the Bitcoin network.

Confidential Transactions: How Hiding Transaction Amounts Increases Bitcoin Privacy

To enhance privacy, it is possible to hide the amount of bitcoins transacted. An early version of this concept, then referred to as “bitcoins with homomorphic value,” was first proposed in 2013 by hashcash inventor and current Blockstream president Dr. Adam Back.

Exploring the Centralization Risks of Bitcoin’s Lightning Network

For the vast majority of Bitcoin Core contributors, the Lightning Network is viewed as the best option for scaling Bitcoin to many millions of...

Does the Lightning Network Threaten Bitcoin’s Censorship Resistance?

The Lightning Network may well be Bitcoin’s primary solution to the issue of scalability, but many skeptics believe there are unresolved issues with this...

The Segregated Witness Timeline: From Idea to Adoption in Six Steps

Segregated Witness might be the most significant improvement to the Bitcoin protocol to date. The innovation is set to fix transaction malleability, offers an...

The Role of Bitcoin Nodes: Do Full Nodes Running in Data Centers Benefit the Bitcoin Network?

Since its launch, Bitcoin Classic's node count has steadily increased. The latest release of the alternative Bitcoin implementation even topped the charts, with almost 3,000 Bitcoin...

Global Markets Operator ICAP Successfully Implements Blockchain Technology Pilot

ICAP, a leading markets operator and provider of post trade risk mitigation and information services with more than $1.6 billion in revenue, announced that...

Bitcoin RBF, Bitcoin Knots and Bitcoin Addrindex: Three Core Forks That Don’t Break With Consensus

Bitcoin Core, descendant of the original Bitcoin software launched by Satoshi Nakamoto in 2009, has always been Bitcoin's reference client. The implementation, formerly known...

The Case for Replace-By-Fee (And the Case Against)

The heated debate in the Bitcoin community throughout the past months not only concerns the block size dispute. Another technical change at the center...

Why Some Changes to Bitcoin Require Consensus: Bitcoin’s 4 Layers

The long-lasting block size dispute and the recent introduction of several new Bitcoin implementations highlighted that not all Bitcoin nodes apply the exact same...
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