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Bitcoin-Core developer Matt Corallo has recently proposed a series of changes to the Bitcoin consensus code, dubbed “The Great Consensus Cleanup” in a new BIP, and submitted an associated pull request which implements the requisite code adjustments. The changes would be executed via a BIP-9 soft-fork in...
The one weakness that most people hear about when it comes to Bitcoin is the 51% attack. This is a possible attack vector that can appear when one entity has control over a large percentage of the overall network hashrate. Although the Bitcoin community tends to remain calm when...
Although many relatively large companies have now been built around Bitcoin, the reality is the peer-to-peer digital cash system is still not ready for primetime. The network would fall apart if the entire world tried to move onto it tomorrow, and the main client software, Bitcoin Core, is still...