News
A core developer has reworked a proposal to allow other blockchains to be built on the Bitcoin network and requested it be added to Bitcoin’s codebase, sparking new debate over its merits.
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Soft Fork News
A soft fork is some modification made in a cryptocurrency’s source code that doesn’t lead to the division of blockchain, as happens with a hard fork. After a soft fork, only the previous transactions and blocks become invalid. Nevertheless, if users don’t want they don’t need to upgrade all the system because old nodes will continue working. There are two kinds of soft forks, such as a miner-activated soft fork (MASF), which means that the new rules are accepted when the majority of miners’ upgrade, and a user-activated soft fork (UASF), when the appliance of new rules happens without the miners’ support. The recently-made protocol upgrade in Bitcoin is a great example of a soft fork. Also, one of the most popular examples is the Ethereum soft fork that was made to reset all transactions that had been made by a hacker in order to get the money back.
- Overview
The game theory of Bitcoin and cryptocurrencies analyzes the behavior and strategies of participants in the market using concepts such as the prisoner’s dilemma.
5323 - News
Back in November, the percentage of Ethereum blocks complying with orders from the Office of Foreign Asset Control peaked at 79%.
5344 - News
Smart contract functionalities on the Bitcoin network could boost adoption and provide additional liquidity to DeFi.
11517 - News
Bitcoin celebrates a milestone of 5,000 days online on Sept. 12, 2022, as miners continue to solve valid blocks on average every 10 minutes.
3117 - News
A Glassnode report reveals that some major cryptocurrency exchanges are still holding despite being heavy consumers of Bitcoin block space.
2870 - Market Analysis
Bitcoin’s price has hit resistance while trading 7.75% below its all-time high, but derivatives data shows pro traders are still aiming for $80,000 by January.
32776 - Breaking news
The Taproot soft fork introduces the concept of Merkelized Abstract Syntax Tree (MAST) to improve the scripting capabilities and privacy of the Bitcoin network.
26024 - News
The Taproot upgrade was set for deployment after achieving a 90% consensus among the Bitcoin miners (mining nodes).
33478 - Altcoin Watch
The bearish outlook appears also as Cardano’s daily RSI reflects overbought sentiments. However, the euphoria surrounding Cardano’s smart contracts launch and its mild correlation with Bitcoin are keeping the upside hopes intact.
50573 - Altcoin Watch
The ADA/USD exchange rate has moved further into its “overbought” area, suggesting that a trend correction might follow suit.
103841 - Follow up
The Bitcoin Taproot upgrade will activate later in 2021 as developers urge to create applications that will leverage its advantages.
12939 - News
With Taproot achieving the 90% critical consensus mark among mining nodes, all is now set for Bitcoin soft fork activation later in November.
27841 - News
The largest Bitcoin mining pools are signaling for Taproot, but the activation may not reach the 90% critical consensus mark during this current difficulty epoch.
42066 - News
Major Bitcoin miners have begun signaling for Taproot activation that will improve scalability and privacy for the largest cryptocurrency by market capitalization.
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