Bitcoin Modifications: 5 Actionable Suggestions
Bitcoin is a result of history; when decisions were made, they rebounded along time and into the design. Don’t do this. Pieter Wuille explains why this is a very bad idea and likely to result in lost money. Note: this is an older answer that saw increased attention this month after some users attempted to convert other people’s addresses to segwit and lost money as a result. ● Can you convert a P2PKH address to P2SH or segwit? But this option also automatically consolidates inputs which may be of special interest to Bitcoin businesses that frequently receive multiple payments to the same address. In a reply sent to the Lightning-Dev mailing list, Decker explains why he thinks the current draft specification will be fundamentally compatible with both payments to Bitcoin addresses and Lightning Network payments. These posts may be interesting reads for anyone wondering why certain cryptographic choices were made in the protocol, such as the use of the NewHope quantum-computing resistant key exchange. This week’s newsletter references a discussion about BIP151 encryption for the peer-to-peer network protocol, provides an update on compatibility between Bitcoin and the W3C Web Payments draft specification, and briefly describes some notable merges in popular Bitcoin infrastructure projects.
A discussion was started on the Bitcoin-Dev mailing list about resetting testnet again to provide a smaller chain for experimentation. This week’s newsletter includes a reminder to please help test the release candidate for Bitcoin Core’s next version, information about the development of Optech’s new public dashboard, summaries of two discussions on the Bitcoin-Dev mailing list, and notable commits from Bitcoin infrastructure projects. 12952: after being deprecated for several major release and disabled by default in the upcoming 0.17 release, the built-in accounts system in Bitcoin Core has been removed from the master development branch. 14096 provides documentation for output script descriptors which are used in the new scantxoutset RPC in Bitcoin Core 0.17 and are expected to be used for other interactions with the wallet in the future. ● Allocate time to test Bitcoin Core 0.17RC2: Bitcoin Core has uploaded binaries for 0.17 Release Candidate (RC) 2. Testing is greatly appreciated and can help ensure the quality of the final release.
This RPC is labeled as deprecated in the upcoming 0.17 release and users are encouraged to use the signrawtransactionwithkey RPC when they are providing their own private key for signing or the signrawtransactionwithwallet RPC when they want the built-in wallet to automatically provide the private key. Once you open a trade, the quantity of BTC which you want to purchase will be held by the site, so it’s safe to give the seller your present card information. At Abra, we believe in the power of Bitcoin and crypto more broadly, 바이낸스 KYC 인증 (www.cleaningservicess.com) and we are working to build a single, easy-to-use app that will provide global access to important financial services such as investing, money transfer, and more on the way. The Aztecs used cocoa beans as money! Where email is a protocol for sending messages over the internet, Bitcoin is a protocol for sending money over the internet. In this way, customers will know that their money is safe with you.
● Continuing discussion about Schnorr signatures: no faults have been identified with the proposed BIP described in last week’s newsletter, but two developers have proposed optimizations, one of which has run afoul of security considerations and another one of which will likely not be added as its minor optimization comes at the tradeoff of removing different minor optimization. ● Discussion of resetting testnet: Bitcoin’s first public testnet was introduced in late 2010; a few months later it was reset to testnet2; and reset again to the current testnet3 in mid-2012. Get $10 in free BTC when you make your first purchase. We can clearly see the difference in case 3 – the difference between BTC and XPM is an arbitrary product of memory, whereas in cases 1 and 2 we are dealing with clearly different physical goods. In its statement, it said that its security team “is hard at work pursuing all possible leads in an attempt to identify the source of these images.” The company added that it is offering a reward of up to 25 BTC (around $288,000) to anyone with information that leads to the identification of the hacker.