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Amid the controversy surrounding the Ordinals project and the debate over what types of data should be stored on the Bitcoin blockchain, the network mined its largest block, nearly 4 MB in size, containing just 63 transactions. One of the transactions was a 3.94 MB Ordinal inscription featuring an image of a wizard, and the … Read more
The cost of sending Bitcoin from one address to another has stayed exceptionally low since July 2021 despite spiking in price last week. Go to Source Powered by WPeMatico
A Glassnode report reveals that cryptocurrency exchanges some major exchanges are still holding despite being heavy consumers of Bitcoin block space. Go to Source Powered by WPeMatico
In mid-June, the ‘Speedy Trial’ lock-in period for the Bitcoin network upgrade Taproot locked in at block height 687,285 and was mined by the bitcoin mining pool Slushpool. Taproot is expected to activate on the network on Saturday, November 13, 2021, and the upgrade is considered one of the largest changes the protocol has seen … Read more
The well known software developer Luke Dashjr is in the midst of controversy over how to upgrade the Bitcoin network in order to add the Taproot protocol. Bitcoin Core developers want to upgrade with “Speedy trial,” which will allow miners to push the feature through. However, Luke Dashjr wants to upgrade in a different manner, … Read more
Three and a half years after the activation of SegWit, adoption of the space-saving transaction format is still far from ideal. Go to Source Powered by WPeMatico
Traders on Binance can now deposit and withdraw to SegWit (bech32) addresses. Go to Source Powered by WPeMatico
The Taproot conversation is continuing with the Bitcoin community having to decide how to begin the months-long activation process. Go to Source Powered by WPeMatico
The 2017 AsicBoost controversy has now become irrelevant as it gains adoption Go to Source Powered by WPeMatico
The crypto space can be hard to break into for those unfamiliar with the jargon, lingo, and foundational knowledge taken for granted by the already initiated. Adding to this difficulty is the fact that there are several different cryptos which bear the name “Bitcoin.” Convoluted as this all may seem, the differences are pretty easy … Read more
