Technology
Technology
Bitcoin Core has taken a significant step forward in implementing Schnorr signatures by merging BIP340 support into the libsecp256k1 library. The update introduces an experimental module named “schnorrsig” that implements the signing and verification of Schnorr signatures as well as test vectors and a benchmarking tool. Although this does not
It goes without saying that the concept of decentralized money and the U.S. Internal Revenue Service (IRS) are at odds. Hence, the U.S. tax agency has recently increased its efforts to crack down on tax crime enabled by Bitcoin and related technologies. In an August New York Times
Over the past two weeks, there have been fears that Bitcoin miners have become unprofitable. Early in the month, an image circulated online of Bitcoin miners liquidating thousands of coins, sparking fears of a so-called miner capitulation event. Recent blockchain data, however, indicates that this is far from the case.
Bitcoin - Technology - Sep 15, 2020Over the past two weeks, there have been fears that Bitcoin miners have become unprofitable. Early in the month, an image circulated online of Bitcoin miners liquidating thousands of coins, sparking fears of a so-called miner capitulation event. Recent blockchain data, however, indicates that this is far from the case.
Bitcoin - Technology - Sep 15, 2020Bitcoin Core has taken a significant step forward in implementing Schnorr signatures by merging BIP340 support into the libsecp256k1 library. The update introduces an experimental module named “schnorrsig” that implements the signing and verification of Schnorr signatures as well as test vectors and a benchmarking tool. Although this does not
News - Bitcoin - Sep 11, 2020It goes without saying that the concept of decentralized money and the U.S. Internal Revenue Service (IRS) are at odds. Hence, the U.S. tax agency has recently increased its efforts to crack down on tax crime enabled by Bitcoin and related technologies. In an August New York Times
News - Bitcoin - Sep 11, 2020A smart contract was recently deployed on the Bitcoin network to place a $10,000 bet on the outcome of the upcoming US presidential election, marking the first such instance of its kind. On September 8th, Nicolas Dorier, the founder of open-source Bitcoin payment processor BTCPay Server, said he used
News - Bitcoin - Sep 11, 2020Peer-to-peer trading platform Bisq will soon add support for Segregated Witness (SegWit), according to a tweet on Saturday. Activated in August of 2017, SegWit introduced a number of improvements to Bitcoin’s performance, including an increase in Bitcoin’s theoretical block size that enabled fee savings for users, as well
News - Bitcoin - Sep 07, 2020A persistent problem in cryptography is that of insufficiently random numbers. Not-random-enough might sound like a contradiction in terms, but the issue has led to known attacks and real losses. On Thursday, the Blockstream research team introduced MuSig-DN, a proposal to overcome the vulnerabilities introduced by bad random number generators
News - Bitcoin - Sep 07, 2020On Saturday, the team behind open-source privacy wallet Wasabi disclosed a vulnerability that could have been exploited to perform a denial-of-service (DOS) attack. The vulnerability had previously been disclosed by Trezor’s Ondrej Vejpustek on May 10th via a PGP-encrypted message with a detailed explanation of the bug. Although according
News - Bitcoin - Sep 06, 2020This article was updated with additional information on September 4th after the BTC Times received a response from SatoshiLabs. According to a developer of hardware wallet ShiftCrypto, an attack vector affecting KeepKey and Trezor devices could allow hackers to hold crypto funds ransom. The developer goes by Marko and writes
News - Bitcoin - Sep 03, 2020