Finally, Segregated Witness could decrease the amount of data Bitcoin nodes need to store on their hard drives. Now we just need people to understand that this project is not some kind of joke. People need to provide some portions of their lost password/seed phrases to these professionals. The best idea is to have the bot move into the market position over time as there might be hundreds or thousands of people running the same bot at the same time. Russia is a major market for Binance, with over 113,000 members of its Russian-language Telegram channel. Solanart has unique composability features that allow users to have more control over their digital assets. Bitcoin may have begun as an internet phenomenon, but now it’s fully legit – and increasingly being compared to one of the most old-school assets of all time. But this rising calculating power also caused mining difficulty to skyrocket-from January 2013 to January 2014, it increased one thousandfold-which forced miners to expand even faster.
Once a transaction is considered valid, confirmed into a block, and secured in the blockchain with proof of work for – say – a year, it could only have been fraudulent if miners were collectively mining on an invalid chain for all that time, and presumably without anyone noticing. If they find it, that means a miner included the transaction in a block. This means more transactions per second can be recorded on the blockchain, or in other words, it would allow for a higher transaction throughput. If more transactions store more data in the Segregated Witness, as multisig transactions would do, the total size of new blocks increases. While full nodes typically store all transaction data for all of Bitcoin’s history, signatures are reasonably considered expendable after a certain amount of time has passed. But there’s another, perhaps even greater advantage: Segregated Witness could take care of Bitcoin’s transaction malleability.
While we can tell the story of Bitcoin’s rise and point to some of the factors that have pushed its value upward, we can’t really explain why the currency’s value goes up or down during a particular day, week, or month. It’s hard to say at this point whether the hard fork split will go smoothly or not. That’s the whole point. 643 as part of the multipath payments feature to prevent probing attacks by nodes along the payment path. 2033: provides a new listforwards RPC that lists forwarded payments (payments made in payment channels passing through your node), including providing information about the amount of fees you earned from being part of the forwarding path. Payment secrets are supported by all LN implementations and will eventually be made compulsory by C-Lightning; logging which payments are using payment secrets makes it easier for the developers to know when it’s reasonable to make that change. I know that many developers are also very critical of this hard fork.
Bastien Teinturier: Hmm, on the first one, it was just about using threshold signatures, and I think there are cryptographic details to iron out before it becomes a real possibility. The first known (to me) attempt at cryptocurrencies occurred in the Netherlands, in the late 1980s, which makes it around 25 years ago or 20BBTC. In the middle of the night, the petrol stations in the remoter areas were being raided for cash, and the operators were unhappy putting guards at risk there. This, again, reduces the burden of running a full node, and brings down the time it takes to sync a node with the network when first installed. Rather, now is the time for Bitcoin 1.5 to shine. This opens up all sorts of new ways to lock bitcoin up in transactions. She reports that the main concept discussed was attempting to bound the maximum amount of resources used for relaying transactions and their replacements, such as by limiting the number of related transactions that get relayed within a certain amount of time. One of the challenges discussed in the thread is how to relate user preferences that exist on a single continuum to the discrete and multi-factor routes being returned by a pathfinding algorithm.