Taproot-Activation
bips
Taproot-Activation | bips | |
---|---|---|
25 | 1,282 | |
32 | 8,961 | |
- | 1.3% | |
0.7 | 6.8 | |
about 1 year ago | 1 day ago | |
Wikitext | ||
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Stars - the number of stars that a project has on GitHub. Growth - month over month growth in stars.
Activity is a relative number indicating how actively a project is being developed. Recent commits have higher weight than older ones.
For example, an activity of 9.0 indicates that a project is amongst the top 10% of the most actively developed projects that we are tracking.
Taproot-Activation
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Trezor hardware wallets are now able to support the recent Bitcoin Taproot update.
well trezor it self is a company. The taproot upgrade for bitcoin was voted on using the taproot-activation consensus. https://taprootactivation.com/
- How to check if a wallet is Taproot enabled?
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Daily Discussion, October 07, 2021
Yes, it will support smart contracts when the taproot block is mined https://taprootactivation.com/ Should be around mid-November.
- Bitcoin gets more transactions per block with taproot and it just locked in for upgrade. Congratulations everyone.
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Alyse Killeen mic drop at Bitcoin 2021
I agree in general, however Taproot and the Schnoor signatures implementation would theoretically allow more lightweight and sophisticated smart contract code on the blockchain while while increasing the TPS rate and lowering the cost. Taproot consensus (https://taprootactivation.com/) seems to be leaning toward accepting the soft fork so more varied smart contract code on Bitcoin's blockchain may be available sooner than later.
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Taproot miner signal status
There are several small mining pools that have not signaled for Taproot in any of their blocks. Collectively, these pools produce approximately 4.77% of all blocks. Of these pools, only SpiderPool has explicitly expressed their support for Taproot via off-chain channels (see https://taprootactivation.com/).
- Taproot-Activation Consensus Effort – BTC's Largest Update in 4 Years
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Over 80% of mining pools have mined at least one taproot signaling block
Binance Pool (4.8% hashpower). They gave their support for Taproot back in 2020. Now they're playing games. Luckily the game ended in massive "yeses" that they should support taproot (the question is: who are the 20% of people who voted no??).
- Call to miners: mine in mining groups that support Taproot
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Elon Musk: Bitcoin's energy usage trend over the past few months is insane
https://taprootactivation.com/
Arguably, the Bitcoin scalability efforts have been progressing too slowly. Second generation blockchain designs such as Ethereum and Avalanche are going to dethrone Bitcoin at some point.
bips
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Understanding and avoiding visually ambiguous characters in IDs
Modern bitcoin addresses use a base-32 character set that leaves out some of the most ambiguous pairs and also permutes the address ordering so that the most visually similar remaining characters produce single bit errors which are better handled by the addresses error detecting (and potentially correcting) code.
https://github.com/bitcoin/bips/blob/master/bip-0173.mediawi...
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Bitcoin Block 840000
Context: Bitcoin miners have just adopted a 50% pay cut for themselves. This pay cut was baked into Bitcoin protocol at the launch of the network (mostly, see "BIP 42" [1]). The OP link gives information about the block in which this pay cut was made.
I get that HN comments tend to dismiss Bitcoin. But the fact that for the fourth time this pay cut has happened without a hitch speaks volumes to what makes Bitcoin interesting: It's a rare combination of economic incentives and technology that keeps chugging. Nobody can stop it. And it's extremely resistant to change. It requires no governmental approval. All attempts at subversion or interference have failed. There aren't many things that come close to that kind of record.
[1] https://github.com/bitcoin/bips/blob/master/bip-0042.mediawi...
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Generating and Working With ScriptPubKeys in Bitcoin Transactions
Bitcoin transactions involve locking funds in scripts, which can only be spent if those locking conditions are met. The part of the script that expresses these locking conditions are called ScriptPubKeys. On the other hand, the part that provides unlocking scripts to satisfy the locking conditions is referred to as ScriptSig for legacy transactions, and ScriptWitness for SegWit Transactions. These scripts are evaluated by a stack-based language called Script. This article will mainly focus on ScriptPubKeys.
- Blue Wallet and seed phrases
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Nano S seed compromised?
Here’s the reference https://github.com/bitcoin/bips/blob/master/bip-0039.mediawiki
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Do you use 12 - 24 words?
There are 5 271 537 971 301 488 476 000 309 317 528 177 868 800 possible permutations of the bip39 wordlist found here: https://github.com/bitcoin/bips/blob/master/bip-0039/english.txt when using 12 word seeds. You probably have better change to win the lottery every week for the rest of your life than cracking a 12 word seed in correct order
- 24 words
- Creating a custom Bip39 brain wallet
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SEC Charges Kraken for Operating as an Unregistered Securities Exchange
No one controls Bitcoin, because it's a protocol. Bitcoin Core is the reference implementation, but there are others, and anyone can create new implementations if they wish. Also, the Bitcoin Core maintainers can't just change something on a whim, because users would then switch to another fork. Maintainers (or miners or other groups) can't force their changes on users, because everyone can decide on their own which version they want to use.
The protocol development happens through BIPs (Bitcoin improvement proposals): https://github.com/bitcoin/bips
BIPs are discussed for years, before (and if) they are implemented, and basically everyone needs to agree on them, because no one wants to fork the blockchain, which could be devastating.
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Recover Cool Wallet seed to a Ledger?
All the seeds generated from the CoolWallet (Number / Word) adhere to the BIP-39 protocol.
What are some alternatives?
bisq - A decentralized bitcoin exchange network
brainflayer - A proof-of-concept cracker for cryptocurrency brainwallets and other low entropy key algorithms.
umbrel - A beautiful home server OS for self-hosting with an app store. Buy a pre-built Umbrel Home with umbrelOS, or install on a Raspberry Pi 4, Pi 5, any Ubuntu/Debian system, or a VPS.
P2P-Trading-Exchanges - Person-to-Person bitcoin Trading Exchanges
gui - Bitcoin Core GUI staging repository
solidity - Solidity, the Smart Contract Programming Language
bitcoin-pro - Professional bitcoin accounts & assets management
EIPs - The Ethereum Improvement Proposal repository
Bitcoin - Bitcoin Core integration/staging tree
bip39 - A web tool for converting BIP39 mnemonic codes
mining-pools - Known Bitcoin mining pool coinbase tags and coinbase output addresses. Generated files: https://github.com/bitcoin-data/mining-pools/tree/generated
solana - Web-Scale Blockchain for fast, secure, scalable, decentralized apps and marketplaces.