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Song accused BTC Core developers of defecting and failing to address widespread community concerns about non-monetary data on the ledger. Jimmy Song, a Bitcoin (BTC) developer and advocate, slammed the decision by Bitcoin Core developers to remove the OP_Return limit for non-monetary data embedded on the Bitcoin blockchain in the upcoming Bitcoin Core 30 upgrade,…
Bitcoin Core 29.1 cut the default minimum relay fee from 1 sat/vB to 0.1 sat/vB, making Bitcoin transactions significantly cheaper while keeping DoS protection. Bitcoin’s core software has lowered the default minimum relay fee for transactions, marking one of the most significant changes in years to how cheap it is to move funds across the…
Bitcoin Core dev Gloria Zhao says the data limit for OP_RETURN will be raised in October, infuriating several Bitcoin users who prefer images, text and audio to stay off the blockchain. An upcoming Bitcoin software update will increase the data limit on a divisive function that will allow significantly more images, text and documents to…
The growing BTCFi sector and potential interest rate cuts on the horizon may create more demand for Bitcoin as a productive, yield-bearing asset. The value locked in Bitcoin-based decentralized finance (BTCFi) has surged by more than 2,700% over the past year, potentially transforming Bitcoin from a passive store of value into a productive, yield-bearing asset,…
John Deaton’s remarks come amid concerns about alleged backdoors in the Bitcoin Lightning Network’s code. Lawyer and cryptocurrency supporter John Deaton has criticized the Lightning Network, deeming it less effective than the “Spend The Bits” protocol on the XRP Ledger (XRPL). Lightning is a layer-2 scaling solution for Bitcoin. It is designed to improve the…
” Bitcoin core dev calls out ‘misleading’ auction selling his code as an NFT “ One of the original core developers behind Bitcoin (BTC), Luke Dashjr, has taken to social media to call out an auction site that has used his name and code without his consent to create and sell a “misleading” NFT. The core…
” Wife of Hal Finney announces Bitcoin charity event “ Fran Finney, the wife of crypto pioneer Hal Finney, has announced a charity event to benefit victims of amyotrophic lateral sclerosis (ALS). Discussing the event on Twitter, Finney encouraged Bitcoin (BTC) users to run a half marathon and share their experiences on social media between…
“# Human Rights Foundation to grant 425M satoshis as part of its Bitcoin Development Fund ” The Human Rights Foundation announced on Tuesday that it intends to distribute 425 million satoshis — the smallest divisible unit of a Bitcoin — to various contributors as a part of its ongoing Bitcoin Development Fund. Launched in May…
“# Bitcoin Core developer Samuel Dobson decides it is “ime to go” ” Developer Samuel Dobson announced via a series of tweets on Thursday night that he is stepping down as a Bitcoin Core maintainer after three years as he “can no longer dedicate the time required, as I approach the end of my Ph.D.”…
“# Bitcoin network node count sets new all-time high ” The number of reachable Bitcoin network nodes has crossed the 13,000 mark for the first time. As previously reported by Cointelegraph, the previous all-time high was 11,613 achieved back in January. According to data from Bitcoin network statistics dashboard Bitnodes.io, this milestone was reached back…