Taproot-Activation
Bitcoin
Taproot-Activation | Bitcoin | |
---|---|---|
25 | 906 | |
32 | 76,119 | |
- | 1.4% | |
0.7 | 10.0 | |
about 1 year ago | 2 days ago | |
C++ | ||
- | MIT License |
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.
Bitcoin
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Analyzing Bitcoin Transactions with Lightning Node Insights
Ubuntu/Debian: Install LND: https://github.com/lightningnetwork/lnd/blob/master/docs/INSTALL.md#install-lnd Install Bitcoin Core: https://github.com/bitcoin/bitcoin/blob/master/doc/build-unix.md#linux-instructions
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Simulate your first Lightning transaction on the Bitcoin regtest network Part 1 (MacOS)
To be able to follow along, you must have both bitcoind and lnd installed.
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Generating and Working With ScriptPubKeys in Bitcoin Transactions
As mentioned previously, ScriptPubKeys are scripts that embody the locking conditions of bitcoins in a Bitcoin transaction. They are a crucial element of a Bitcoin transaction that specifies the requirements that must be met before an unspent transaction output (UTXO) is used. The ScriptPubKey, combined with the Amount, creates an output of a Bitcoin transaction. Like every other script, ScriptPubKeys are made up of operators and data. During the encoding of a transaction, both data and the operands are represented in hexadecimal format. You can find the hex representation for all operands used in Bitcoin Scripts here.
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Understanding BTC Software
Which article? Have a look at Luke's CVE and pull request https://nvd.nist.gov/vuln/detail/CVE-2023-50428 https://github.com/bitcoin/bitcoin/pull/28408
- On chain censorship "war" heats up on BTC with a CVE raised against Ordinals
- What are some of the arguments for / against limiting datacarriersize ?
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BTC's Luke Dashjr: '24 Bitcoin Core Update Will Disrupt Ordinals, BRC-20
From github pull request discussion: https://github.com/bitcoin/bitcoin/pull/28408
- Daily General Discussion - December 10, 2023
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Polling The r/Bitcoin Community: Should Bitcoin be JUST a monetary network for P2P Transactions, Or Also a Platform For Content?
See: https://github.com/bitcoin/bitcoin/issues/10494
What are some alternatives?
bisq - A decentralized bitcoin exchange network
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.
BitcoinJS - A javascript Bitcoin library for node.js and browsers.
gui - Bitcoin Core GUI staging repository
js-git - A JavaScript implementation of Git.
bitcoin-pro - Professional bitcoin accounts & assets management
PDFKit - A JavaScript PDF generation library for Node and the browser
mining-pools - Known Bitcoin mining pool coinbase tags and coinbase output addresses. Generated files: https://github.com/bitcoin-data/mining-pools/tree/generated
webtorrent - ⚡️ Streaming torrent client for the web
bips - Bitcoin Improvement Proposals
naivecoin - A cryptocurrency implementation in less than 1500 lines of code