And while Digital Money is State-of-the-art

The code supports Bitcoin mainnet, Bitcoin testnet, and the Liquid sidechain. ● Modern block explorer open sourced: after recently announcing a new block explorer website, Blockstream has announced the open source release of both its backend and frontend code. It also includes modern features (such as bech32 address support) and a very nice default theme. This week’s newsletter suggests helping test a Bitcoin Core maintenance release candidate, provides a link to a modern block explorer whose code has been open sourced, and briefly describes a suggestion for signature hashes to optionally cover transaction size. This week’s newsletter describes a proposal to tweak Bitcoin Core’s relay policy for related transactions to help simplify onchain fees for LN payments, mentions upcoming meetings about the LN protocol, and briefly describes a new LND release and work towards a Bitcoin Core maintenance release. This week’s newsletter describes the new libminisketch library for bandwidth efficient set reconciliation, links to an email about Schnorr/Taproot plans, and mentions an upcoming LN protocol specification meeting. ● Description about what might be included in a Schnorr/Taproot soft fork: Bitcoin protocol developer Anthony Towns has posted a well-written email describing what he thinks ought to be included in a soft fork that adds the Schnorr signature scheme plus Taproot-style MAST to Bitcoin.

● LN protocol IRC meeting: protocol developers for LN have agreed to try converting their periodic meeting for developing the LN specification from a Google Hangout to an IRC meeting after receiving requests from several developers. This data was sourced from Optech’s beta dashboard, which we encourage people to try out and provide us feedback! This mitigates a perceived problem with some advanced scripts where it might be possible for a counterparty or third party to add extra data to a transaction, lowering its feerate and likely making it take longer to confirm. Trusting someone else’s block explorer (which is a common cost-cutting measure when indexing data yourself becomes too expensive) introduces third party trust into Bitcoin software, increases centralization, and decreases privacy. The new method allows specifying what data to consider and returns a list of nodes scored by the algorithm (higher scores being better). Although block explorers have been a mainstay of Bitcoin web applications since 2010, we do note that the method used by block explorers of maintaining multiple indexes over all block chain data inherently has a poor scalability characteristic-their cost increases over time as the block chain grows-and so it is generally inadvisable to build software or services that depend upon your own block explorer.

2007 adds a new MaxBackoff configuration option that allows changing the longest amount of time the node will wait before giving up attempting to reconnect one of its persistent peers. However, the one that makes a lot of sense is real time Bitcoin charts which are being used for technical analysis. All users are advised to upgrade to 0.6.3 to get a fix for this issue. Independent code archaeology by Gregory Maxwell indicates that the main culprit was probably the BitPay Bitcore software which introduced a bug around July 2014 and released a fix about a month later. The main difference was that my code had the additional overhead of thousands of RPCs. Notable code changes made in the past week to popular infrastructure projects are also described. See the notable code changes section below for details. 797 changes the way payment routes are calculated. We simply provide access to intuitive platforms for you to trade real-time price changes of Bitcoin. Trade Bitcoin with the exclusive AvaProtect risk management feature.

Even Ayn Rand, perhaps the most famous proponent of gold as the one true currency, praised it not because it is shiny and electrically conductive, but rather because it has been used as a medium of economic trade for the past six thousand years. It’s even based on a proof-of-work system, just like Bitcoin! These days, Bitcoin mining (and other coins that use Bitcoin’s algorithm) is only profitable using ASIC miners, which are highly specialized and expensive machines that are typically deployed by the thousands by huge corporations like Bitmain. We believe security software like Whonix needs to remain open source and independent. That said, the new open source explorer appears to be quite efficient compared to earlier open source alternatives such as BitPay Insight. From there, the bug propagated to software such as BitPay Copay that depended upon Bitcore. If you ever used an affected version of Bitcore (0.1.28 to 0.1.35), Copay (0.4.1 to 0.4.3), or other vulnerable software, you should create a new wallet file, send all of your funds from the old wallet file to an address in the new wallet, and discontinue use of the previous wallet file. These platforms offer a simple interface to generate a Bitcoin wallet address and associated private key.

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