Tag: bip

Apr 27 2022

Adversarial Thinking And Ways To Attack Bitcoin

A group of Bitcoin Core developers discussed various attack vectors for Bitcoin as well as ways to plan ahead and circumvent nefarious actors.Bitcoin 2022, hosted in Miami, Florida, on April 6-9, featured a panel titled “...

Apr 05 2022

How Taro Brings Assets To Bitcoin Through Taproot And Lightning

Taro, a new protocol proposed by Lightning Labs, leverages Taproot and the Lightning Network to bring new assets and scalability to Bitcoin.Lightning Labs has introduced a new protocol proposal for Bitcoin and the Lightning Network, Taro, which seeks to bring new use cases to the network. The company has published a...

Mar 23 2022

Bitcoin Improvement Proposal 21 Eases User Experience When Paying Invoices

Different Bitcoin wallets have multiple options for whether to send an on- chain or a lightning payment which can be confusing to inexperienced users.The below is a direct excerpt of Marty's Bent Issue #1181: "BIP21 is a no brainer." Sign up for the newsletter here...

Feb 26 2022

Should The Bitcoin Taproot Soft Fork Be Buried In The Code Base?

Bitcoin Core developers are considering “burying” the Taproot soft fork, to help developers when reviewing the code, but it could have unintended consequences.Watch This Episode on YouTube...

Jan 24 2022

Explaining CheckTemplateVerify, Bitcoin’s Latest Controversial Soft Fork Proposal

CheckTemplateVerify (CTV) is meant to enable more flexibility on the network, but its potential activation is a topic of debate among developers.CheckTemplateVerify (CTV) is a soft fork proposal for Bitcoin specified in the Bitcoin Improvement Proposal (BIP) 119. It aims to enable new use cases for the network by adding more complex types...

Nov 13 2021

Why Taproot Is An Important Addition To Bitcoin

Nov 13 2021 Published at Bitcoin Magazine under tags  bip schnorr taproot technical

Taproot activation is a fantastic step forward for the Bitcoin network in terms of security and scalability.A Bitcoin Core developer by the name of Gregory Maxwell released the notes for Taproot in 2018. The last upgrade was SegWit in 2017, and Bitcoin had a...

Nov 12 2021

Understanding Taproot In A Simple Way

The highly-anticipated upgrade is set to roll out over the weekend, changing Bitcoin for the better.Understanding exactly what about the Bitcoin network implementing Taproot changes is necessary for understanding why the changes were needed. Taproot is the combination of many Bitcoin Improvement Proposals (BIPs) resulting in a soft fork of Bitcoin’s blockchain. A soft fork is a proposed upgrade that over time...

Jun 30 2021

Bitcoin Optech #155: Proposed BIPs And Bitcoin Stack Exchange

Jun 30 2021 Published at Bitcoin Magazine under tags  bip bitcoin optech technical

This week’s newsletter describes two proposed BIPs related to wallet support for Taproot, and features Q&A; from Bitcoin Stack Exchange.The Bitcoin Optech newsletter provides readers with a top-level summary of the most important technical news happening in Bitcoin, along with resources that help them learn more. To help our readers stay up-to-date with Bitcoin, we're republishing the latest issue of this...

Jun 16 2021

Bitcoin Optech #153: Locking In Taproot

Jun 16 2021 Published at Bitcoin Magazine under tags  bip bitcoin optech taproot technical

This week’s newsletter celebrates the lock-in of Taproot, describes a draft BIP for improving transaction privacy and more.The Bitcoin Optech newsletter provides readers with a top-level summary of the most important technical news happening in Bitcoin, along with resources that help them learn more. To help our readers stay up-to-date with Bitcoin, we're republishing the latest issue of this newsletter...

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