Bitcoin.com Update: Dev Fund Proposal ‘Will Not Go Through’ Without More Agreement

The BCH infrastructure funding proposal initially announced by Jiang Zhuoer on January 22 will not go through as planned without greater agreement in the Bitcoin Cash community, Bitcoin.com has announced via a read.cash post uploaded today. Also Read: Heated Debate Continues Over Bitcoin Cash Infrastructure Funding Plan Bitcoin.com Will Not Support Plan Without Greater Agreement … Read more

Heated Debate Continues Over Bitcoin Cash Infrastructure Funding Plan

Last Wednesday, the founder of the mining operation Btc.top announced a proposal that would fund Bitcoin Cash (BCH) development over the course of six months. Over the last five days, the funding plan has been the most dominant conversation within the BCH ecosystem, as supporters debate the merits of the miner’s proposal. This week, BCH … Read more

Hidden Lightning Network Bug Allowed Spending of ‘Fake’ Bitcoins

A bug discovered in the Lightning Network in June, which allowed lightning bitcoins not backed by actual bitcoins to be spent, has officially been addressed in a new dev full disclosure report released on Friday. The problem has reportedly been remedied, but the security oversight casts doubts on an already heavily scrutinized protocol, and whether … Read more

New Storm Concept Could Strengthen Bitcoin Cash Instant Transactions

Software developer Awemany has published a potential alternative approach to instant transactions on the Bitcoin Cash (BCH) network called “delta blocks” or Storm. The idea utilizes weak proof-of-work (PoW) for instant confirmations on Bitcoin Cash. The new Storm concept has piqued the interest of many BCH proponents who are eager to solve the instant or … Read more

Despite $100K Pledged to Charity, Adam Back Remains Silent Over Proposed Debate

There’s over $100,000 on the line that could be given to charity for about an hour of Adam Back’s time. If he chooses to debate Bitcoin Unlimited’s Peter Rizun over why he thinks it’s a bad idea to scale with larger blocks, Paxful’s Ray Youssef‏ has pledged $100K in addition to Roger Ver’s initial $10K … Read more

Analysis Shows Lightning Network Suffers From Trust Issues Exacerbated by Rising Fees

Over the last two years, the Lightning Network has been touted as the scaling solution for the Bitcoin Core (BTC) network. However, the solution has been heavily criticized for its lack of security, and on March 28, Bitcoin Unlimited’s chief scientist Peter Rizun wrote an interesting evaluation of the Lightning Network’s “dirty little secret.” Also … Read more

Bitcoin Cash Hard Fork Debate Reconvenes After the Stress Test

Over the last few weeks, there’s been a heated discussion within the Bitcoin Cash (BCH) community concerning the scheduled November 15 hard fork. There’s a strong disagreement between the BCH development teams, Bitcoin ABC, Nchain, and Bitcoin Unlimited in regard to the hard fork’s upcoming consensus changes. Fast forward to this week as Nchain has … Read more

Bitcoin Cash Upgrade Debate: One CPU Equals One Vote

If you are a Bitcoin Cash (BCH) proponent you’ve definitely been hearing a lot about the upcoming hard fork scheduled for November 15. Most people have been discussing the conflict between the Bitcoin ABC developers and Nchain’s recently announced Bitcoin SV project. This week Nchain’s Steve Shadders shared a post concerning the Bitcoin SV client … Read more

Network Incompatibility Discussed After Bitcoin ABC Launches Latest Version

On August 20, 2018, maintainers of the most used full node BCH client have announced the release of Bitcoin ABC version 0.18.0. The version release follows the recent announcement from the firm Nchain, who recently revealed they were launching a client called Bitcoin SV, but with completely different upgrade features. Also read: Fivebucks.com: Meet the Freelancer’s … Read more

The Bitcoin Cash Pre-Consensus Debate Continues

A few days ago news.Bitcoin.com reported on the debate between Bitcoin Cash (BCH) developers and community members concerning an idea called ‘pre-consensus.’ Some developers believe pre-consensus could help with bock time speeds, zero-confirmation transactions, and consensus in general. Since then there’s been a lot of discussion about this topic, and some members of the BCH … Read more