The history of Bitcoin upgrade activation mechanisms informs an opinion on how to make protocol changes in the future.One of the most contentious questions in Bitcoin over the last five years has been how to activate soft forks. There have been many different mechanisms used in the history of Bitcoin to activate new features on the...
A panel held at Bitcoin 2022 set out to explore the benefits and tradeoffs of activating a Bitcoin soft fork.Despite being known as a protocol that is slow to change, Bitcoin does have its own way to add new functionalities to the network. Soft forks, a type of upgrade that ensures those who don’t use the new software can still participate in...
Attacks to make Bitcoin change its issuance mechanism to proof of stake are futile. History has shown that this type of attack will not work.The below is a direct excerpt of Marty's Bent Issue #1186: "They're trying to 'change the code' again." Sign up for the newsletter here...
“We have a dream that one day the Blockchain industry, the technology we all love and believe in, the technology that is and will continue to change the world makes good on the weakest of us.”...
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...
Haseeb Qureshi, managing partner at Dragonfly Capital, and Dan Robinson, research partner at Paradigm, discuss the explosion in decentralized exchange activity on automated market makers from $1 billion earlier this year to more than $10 billion in August. Why trading in automated market makers has 8xed in a few months...
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