Aaron van Wirdum

Blog Info Bitcoin Magazine
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Stats Has written 20 posts about cryptocurrency

Feb 24 2021

LOT=true Or LOT=false? This Is The Last Hurdle Before Taproot Activation

Feb 24 2021 Published at Bitcoin Magazine under tags  lot soft fork taproot technical

The discussion on Taproot activation appears to have reached its final stage, with the remaining decision revolving around the activation parameter LOT. The code for Taproot, a proposed Bitcoin protocol upgrade for compact and...

LOT=true Or LOT=false? This Is The Last Hurdle Before Taproot Activation

Feb 24 2021 Published at Bitcoin Magazine under tags  lot soft fork taproot technical

The debate around LOT=true and LOT=false remains the final hurdle in Taproot activation. So, what’s the difference and why is it important?11 years ago, Bitcoin was etched into...

Jan 14 2021

Bitcoin Core 0.21.0 Released: What’s New

Today marks the official release of Bitcoin Core 0.21.0, the 21st major release of Bitcoin’s original software client launched by Satoshi Nakamoto almost 12 years ago. Overseen by Bitcoin Core lead maintainer Wladimir van der Laan, this latest major release was developed by well over a hundred contributors in a span of about six months. The result of...

Dec 31 2020

Bitcoin’s 2020 In Tech

Seemingly undisturbed by 2020’s craziness, and largely unfazed by bitcoin’s wild price swings that concluded with new all-time highs in December, Bitcoin’s technical community continues to plow ahead. Bitcoin’s software and the many projects around it were gradually improved throughout the year, as software was optimized, bugs fixed and privacy leaks patched. The bulk of this work, as vital as much of it...

Dec 11 2020

Dec 08 2020

RSK Is Evolving; Powpeg Leverages Hash Power To Switch From Bitcoin To Sidechain And Back

Dec 08 2020 Published at Bitcoin Magazine under tags  defi iovlabs powpeg rootstock rsk

RSK, the Ethereum-like sidechain for Bitcoin developed by IOVlabs, is evolving. The federated pegging mechanism, which is based on a Bitcoin multi- signature (multisig) address, is migrating to a system that leverages hash power through RSK’s new special-purpose hardware security modules. “We're very excited with this release as it is a big step towards a full decentralized smart...

Dec 04 2020

Dec 01 2020

Gloria Zhao And Brink Are Set To Give Bitcoin Mempools An Upgrade

Brink, the new nonprofit founded by John Newbery and Mike Schmidt to train and support Bitcoin developers, today announced Gloria Zhao as its first fellow. After graduating from Berkeley with a degree in computer science this...

Nov 24 2020

John Newbery’s New Nonprofit Brink Will Train And Support Bitcoin Developers

How do we fund Bitcoin developers, and how do we ensure there are enough of them in the first place? Former Chaincode Labs developer John Newbery and Blockstream alumnus Mike Schmidt are launching a nonprofit to help answer both of these questions. The new organization is called Brink (a nod to the newspaper headline embedded in Bitcoin’s genesis block),...

Nov 20 2020

Nov 16 2020

Poolin Launches Initiative To Activate Taproot, Encouraging Other Mining Pools To Join

Top 2 Bitcoin mining pool Poolin wants Taproot, and hopes other pools do too. Poolin, the Chinese mining pool that currently controls around 13 percent of all hash power on the Bitcoin network, is preparing for...

Nov 13 2020

Bitcoin Cash Might Split Again This Weekend. This Is Why (And How)

Bitcoin Cash (BCH) might split again this weekend. The Bitcoin ABC software client forked away from the Bitcoin protocol in mid-2017 to form a cryptocurrency of its own: Bitcoin Cash. Since then, Bitcoin Cash has deployed a backwards-incompatible hard fork upgrade every six months, requiring a network-wide upgrade across all Bitcoin Cash clients. While most of these upgrades...

Nov 06 2020

Oct 30 2020

Oct 23 2020

Video: Sync Bitcoin Faster! Assume UTXO

On this episode of The Van Wirdum Sjorsnado, Aaron and Sjors...

Aug 28 2020

The Genesis Files: How Hal Finney’s Quest For Digital Cash Led To RPOW (And More)

Once described by PGP creator Phil Zimmerman as “the Mister Rogers of cryptography,” Hal Finney (1956) was known for his relentlessly uplifting spirit. He carried a positive perspective on life with him even when amyotrophic lateral sclerosis (ALS) paralyzed his entire body, until the Bitcoin pioneer ultimately passed away from the disease on August 28,...

Aug 11 2020

Building on Taproot: Payment Pools Could Be Bitcoin’s Next Layer Two Protocol

This article is about a technological concept based on the proposed Taproot protocol upgrade. If you’re not yet familiar with the basics of how Taproot works, it’s recommended that you first read this explainer....

Aug 04 2020

The Human Rights Foundation Awards Grants to Three More Bitcoin Projects

The Human Rights Foundation (HRF) is issuing grants to three more Bitcoin developers. JoinInbox creator Openoms, Zeus creator Evan Kaloudis and Fully Noded creator...

Jul 20 2020

BIP 8, BIP 9 or Modern Soft Fork Activation: How Bitcoin Could Upgrade Next

Taproot, a proposed protocol upgrade that would improve Bitcoin’s privacy and flexibility, is in its late stages of development. Bitcoin Core contributors agree that the upgrade would benefit Bitcoin, and so far it generally appears to be welcomed by the wider Bitcoin ecosystem as well. It's therefore likely that Taproot will make its way into a Bitcoin...

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