How could the bitcoin protocol be changed? Has this ever ...

Mike Hearn on Coming Bitcoin Protocol Updates

Mike Hearn on Coming Bitcoin Protocol Updates submitted by WildFireca to Bitcoin [link] [comments]

How is Bitcoin protocol updated?

Sorry if this is a newbie question, but I'm wondering, with Bitcoin being fully decentralized, how are changes to bitcoin protocol pushed? For instance, if the bitcoin community releases new version of protocol, or fixes a critical bug, how do they ensure that all miners get the latest version? How to prevent situation when different groups of users use different incompatible versions of bitcoin protocol ?
submitted by Gino8 to Bitcoin [link] [comments]

features & capabilities of the next Bitcoin protocol update?

Folks, are there sites that discuss what features the core developers are planning, timelines, challenges, etc and discussion forums where people can debate priorities and ideas? And is there anything we can do to facilitate the work our core developers are doing? Do they need funds, volunteers, or just more commitment from the growing bitcoin ecosystem? We need to make sure they are running on all cylinders and if there are ways the community can advance their work, let's be sure to reinforce the means to do so.
submitted by -double-o- to Bitcoin [link] [comments]

We're excited to announce Blockstream Satellite 2.0. This major update includes a new transmission protocol, more bandwidth, a larger coverage area, & the much requested ability to sync a Bitcoin node from the genesis block up to the latest block!

We're excited to announce Blockstream Satellite 2.0. This major update includes a new transmission protocol, more bandwidth, a larger coverage area, & the much requested ability to sync a Bitcoin node from the genesis block up to the latest block! submitted by blockstream_official to Bitcoin [link] [comments]

Updated Bitcoin CoinSwap Protocol Design Spurs Further Discussion (current BTC/USD price is $11,360.85)

Latest Bitcoin News:
Updated Bitcoin CoinSwap Protocol Design Spurs Further Discussion
Other Related Bitcoin Topics:
Bitcoin Price | Bitcoin Mining | Blockchain
The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools.
submitted by coinsaladcom to CoinSalad [link] [comments]

Updated Bitcoin CoinSwap Protocol Design Spurs Further Discussion

Updated Bitcoin CoinSwap Protocol Design Spurs Further Discussion submitted by cryptoallbot to cryptoall [link] [comments]

Updated Bitcoin CoinSwap Protocol Design Spurs Further Discussion

Updated Bitcoin CoinSwap Protocol Design Spurs Further Discussion submitted by bitcointothemoon_ to Crypto_Currency_News [link] [comments]

Updated Bitcoin CoinSwap Protocol Design Spurs Further Discussion

Updated Bitcoin CoinSwap Protocol Design Spurs Further Discussion submitted by bitcointothemoon_ to CryptoCurrencyTrading [link] [comments]

A beautiful intricacy of the bitcoin protocol that promotes steady growth.

The bitcoin protocol updates the difficulty of finding a block every 2016 blocks (in other words, every two weeks.) Therefore if today the hash rate doubled, we would be finding blocks every five minutes for a while until the network readjusted itself. Similarly, if the hash rate were cut in half we would be finding blocks on average every 20 minutes.
Since hash rate is directly related to the demand of bitcoin, the protocol automatically helps autocorrect any sudden change to demand. For example, if the price of bitcoin were to suddenly plummet, many miners would have to shut down operations. This would cause blocks to be mined extra slowly, reducing the number of new bitcoins available for sale.
Likewise, if speculators were to start driving the price of bitcoin up very quickly, new miners would jump into the scene and blocks would be mined extra quickly for a while. This would flood the market with new bitcoins making it more difficult for speculators to keep increasing the price.
submitted by bitcoinquestions001 to Bitcoin [link] [comments]

We've updated our Bitcoin Cash Protocol Development tracking! Interested in scaling? Privacy? Usability? You can now filter by category. Feedback welcome.

submitted by Coin-Dance to btc [link] [comments]

Question for Bitcoin ABC/Unlimited. What is your next planned improvement to the BCH protocol? Is there another update planned in 6 months?

submitted by Zyoman to btc [link] [comments]

#crypto #cryptonews #bitcoin @nocroom #Reddit-style UI update for the Member app (memo protocol implementation)

submitted by PooPoster1 to Cryptoandme [link] [comments]

Bitcoin Cash has a pretty neat roadmap of nimble & elegant updates!😊♥️ Jan. 14 - #BCHAddressDay to change to Cashaddr addresses Feb. 15 - Finalize protocol upgrades May 15 - #BCHUpgradeDay with better DAA, enabled opcodes & bigger blocks! Merry Christmas all trolls & haters!

Bitcoin Cash has a pretty neat roadmap of nimble & elegant updates!😊♥️ Jan. 14 - #BCHAddressDay to change to Cashaddr addresses Feb. 15 - Finalize protocol upgrades May 15 - #BCHUpgradeDay with better DAA, enabled opcodes & bigger blocks! Merry Christmas all trolls & haters! submitted by Windowly to btc [link] [comments]

Roger Ver Weekly Update - Bitcoin Cash Upgrade/Protocol Discussion. Samson Mow Literally Runs From Roger Ver, Bitcoin Cash Beer is #1 & more

Roger Ver Weekly Update - Bitcoin Cash Upgrade/Protocol Discussion. Samson Mow Literally Runs From Roger Ver, Bitcoin Cash Beer is #1 & more submitted by crypto_advocate to btc [link] [comments]

Bitcoin Cash has a pretty neat roadmap of nimble & elegant updates!😊♥️ Jan. 14 - #BCHAddressDay to change to Cashaddr addresses Feb. 15 - Finalize protocol upgrades May 15 - #BCHUpgradeDay with better DAA, enabled opcodes & bigger blocks! Merry Christmas all trolls & haters!

Bitcoin Cash has a pretty neat roadmap of nimble & elegant updates!😊♥️ Jan. 14 - #BCHAddressDay to change to Cashaddr addresses Feb. 15 - Finalize protocol upgrades May 15 - #BCHUpgradeDay with better DAA, enabled opcodes & bigger blocks! Merry Christmas all trolls & haters! submitted by Windowly to Bitcoincash [link] [comments]

Roger Ver Weekly Update - Bitcoin Cash Upgrade/Protocol Discussion. Samson Mow Literally Runs From Roger Ver, Bitcoin Cash Beer is #1 & more

Roger Ver Weekly Update - Bitcoin Cash Upgrade/Protocol Discussion. Samson Mow Literally Runs From Roger Ver, Bitcoin Cash Beer is #1 & more submitted by crypto_advocate to Bitcoincash [link] [comments]

iOS update is available for the Bitcoin.com Wallet which enables compatability with Bitpay payment protocol

iOS update is available for the Bitcoin.com Wallet which enables compatability with Bitpay payment protocol submitted by BitcoinXio to btc [link] [comments]

AMCU, the first protocol for atomic multi-channel updates and reduced collateral that is compatible with Bitcoin (with performances in line with LN)

https://eprint.iacr.org/2019/583 by Pedro Moreno-Sanchez and matteo_maffei
While Payment-channel networks (PCNs) do increase the transaction throughput by processing payments off-chain and using the blockchain only as a dispute arbitrator, they unfortunately require high collateral (i.e., they lock coins for a non-constant time along the payment path) and are restricted to payments in a path from sender to receiver. These issues have severe consequences in practice. The high collateral enables griefing attacks that hamper the throughput and utility of the PCN. Moreover, the limited functionality hinders the applicability of current PCNs in many important application scenarios. Unfortunately, current proposals do not solve either of these issues, or they require Turing-complete language support, which severely limits their applicability.
AMCU, the first protocol for atomic multi-channel updates and reduced collateral that is compatible with Bitcoin (and other cryptocurrencies with reduced scripting capabilities). We provide a formal model in the Universal Composability framework and show that AMCU realizes it, thus demonstrating that AMCU achieves atomicity and state privacy. Moreover, the reduced collateral mitigates the consequences of griefing attacks in PCNs while the (multi-payment) atomicity achieved by AMCU opens the door to new applications such as credit rebalancing and crowdfunding that are not possible otherwise. Moreover, our evaluation results demonstrate that AMCU has a performance in line with that of the Lightning Network (the most widely deployed PCN) and thus is ready to be deployed in practice.
" AMCU also offers a generic update State protocol that can be used to encode different protocols compatible with Bitcoin, eliminating the requirement for a Turing-complete language. We have shown for instance how to leverage updateState to encode a payment, a rebalancing operation and a crowdfunding operation."
submitted by lionmic to Bitcoin [link] [comments]

What is off-by-one error in Bitcoin protocol for target updating?

I went through this BTC Stack Exchange answer but it's still not very clear to me. Can someone help me break it down a lil bit? Also, How was it fixed later? What's the re-target calculation formula. Can anyone explain with an example.
submitted by kaymkigl to Bitcoin [link] [comments]

Bitcoin Sell Off! What’s Next?!? Dow Theory Forecasts Clues! MASSIVE Universal Protocol Updates!

Bitcoin Sell Off! What’s Next?!? Dow Theory Forecasts Clues! MASSIVE Universal Protocol Updates! submitted by ososru to Bitcoin4free [link] [comments]

On 15 August 2010 over 184 billion bitcoins were generated in a transaction, and sent to two addresses on the network. Within hours, the transaction was spotted and erased from the transaction log after the bug was fixed and the network forked to an updated version of the bitcoin protocol.

On 15 August 2010 over 184 billion bitcoins were generated in a transaction, and sent to two addresses on the network. Within hours, the transaction was spotted and erased from the transaction log after the bug was fixed and the network forked to an updated version of the bitcoin protocol. submitted by Teckel22 to ethtrader [link] [comments]

Announcing "MetaLens App Update & MAP Protocol" for Bitcoin SV

Announcing submitted by btcnewsupdates to bitcoincashSV [link] [comments]

Bitcoin Tech Update with Andrew Poelstra Bitcoin Protocol Upgrades 2020  Litecoin  Crypto.Com MCO VISA Card in EU Markets Jimmy Nguyen on the Quasar Protocol Upgrade for Bitcoin SV Bitcoin Protocol Explained - Timestamp Server / Global Ledger Orchid Protocol PART 2 🚀 (UPDATE) 😲 BITCOIN BELOW MAJOR ...

The Bitcoin protocol is specified by the behavior of the reference client, not by this page. In particular, while this page is quite complete in describing the network protocol, it does not attempt to list all of the rules for block or transaction validity. Type names used in this documentation are from the C99 standard. Cryptocurrency Market Update: Bitcoin flirts with $12,000, Cosmos and Band Protocol lead the altcoin rally Cryptos Aug 10, 09:58 GMT. Bitcoin rises majestically to take down the selling pressure ... Whenever a radical change happens to Bitcoin protocol (hard fork) you have to update your wallets. As a holder of a coin you should be involved in the community to know when a fork will occur. So you can be ready to upgrade your wallet software. When it comes to updating wallets all beginners have one question in common and that is: “If I update my wallet will previous wallet balance stay ... Dubbed ‘Protocol 13', the new set of updates includes other modifications as well meant to improve the Stellar user experience. Notably, this vote is expected to take place later in the week. In this new update, a ‘fine-grained control' approach will be enabled such that exchanges will have control over specific digital asset activity. This ... Over the weekend, Cover protocol, originally called SAFE, shared its tokenomics with the community that the maximum supply of COVER tokens will be 160,000. The token generation will start on Nov. 20.

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Bitcoin Tech Update with Andrew Poelstra

CRYPTOCURRENCY AND BITCOIN VISA DEBIT CARD - GET $50 FREE ON CRYPTO.COM ... 05:17 Ren Protocol Updates 06:31 KardiaChain and Chainlink Updates 08:38 Binance Smarth Chain Mainnet References: https ... GOTO 2014 • How the Bitcoin Protocol Actually Works • Jan Møller - Duration: 51:31. GOTO Conferences 13,949 views. 51:31. What is Bitcoin? Bitcoin Explained Simply for Dummies ... Actual implementation of the bitcoin project using bitcoin testnet and tcappfaucet. UPDATE on Orchid Protocol (Part 2) for today. OXT is listed on a major exchange! There is news about Chainlink and Orchid Protocol. Will we see a dollar OXT ... Bitcoin Protocol Explained 1 - Bitcoin paper broken down step by step. ... Bitcoin Algo and Automated Trading Update - Duration: 11:30. sentdex 5,321 views. 11:30. Language: English Location ...

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