SegWit

🔴 A Major Bitcoin Upgrade Activated | This Week in Crypto – Nov 15, 2021

Source Node: https://99bitcoins.com/bitcoin-news-summary-nov-15-2021/
Time Stamp: November 15, 2021 1:00 AM - Modified On: November 15, 2021 - Published By:
Source Cluster:
Republished By Plato

 Apple’s CEO reveals he owns crypto, Twitter establishes a crypto department and bitcoin gets a major upgrade. These stories and more this week in crypto. The value of the total crypto market topped above $3 trillion this week with Bitcoin reaching $69000 and Ethereum going over the $4800 mark. Prices rose after the US Bureau of Labor Statistics released its October inflation figures which reflected the steepest monthly rise in 30 years, and investors are looking to cryptocurrencies as a hedge against inflation. Tim Cook—the CEO of Apple—revealed that

What if Bitcoin Taproot follows SegWit’s path of adoption

Source Node: https://ambcrypto.com/what-if-bitcoin-taproot-follows-segwits-path-of-adoption/
Time Stamp: November 14, 2021 6:30 PM - Modified On: November 14, 2021 - Published By:
Source Cluster:
Republished By Plato

Bitcoin Taproot is finally live, a network upgrade that has been four years in the making. It was first put forward by Greg Maxwell, cryptographer and developer, in 2018 after SegWit was implemented on 24 August 2017. SegWit was the first major BTC soft fork update, which wasn’t taken all too well by the community. Now, four years later, the ecosystem has another update in store to improve the privacy, scalability, and security of the network. In this article, we will try to draw a possible adoption roadmap for Taproot

Ethereum EIP-1559 Upgrade Adopted 34x Faster than Bitcoin Segwit

Source Node: https://beincrypto.com/ethereum-eip-1559-upgrade-adopted-34x-faster-bitcoins-segwit/
Time Stamp: August 27, 2021 2:11 AM - Modified On: August 27, 2021 - Published By:
Source Cluster:
Republished By Plato

The adoption of the latest Ethereum upgrade appears to have outpaced that of Bitcoin’s Segwit by multiple factors.Sponsored Sponsored It has been a little over three weeks since Ethereum’s London upgrade was deployed on Aug 5. In that short time, it has seen rapid adoption according to Yearn Finance developer “banteg.” In a tweet on Aug 27, the developer stated that Bitcoin’s SegWit upgrade went live four years ago on Aug 25, 2017, adding that it is currently used for about 80% of BTC transactions.Sponsored Sponsored He compared that to

Cryptocurrency News Roundup for August 17, 2020

Source Node: https://beincrypto.com/cryptocurrency-news-roundup-for-august-17-2020/
Time Stamp: August 17, 2020 2:30 PM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

More than nine out of ten bitcoins in supply are currently in the money, meaning they have yielded a higher return-on-investment for their owners over time. And this profitability is not just confined to the alpha-crypto. According to new data from cryptocurrency analytics firm, IntoTheBlock, nearly 95% of all Chainlink (LINK) and 94% of all VeChain (VET) addresses are currently in profit. In fact, barring a few exceptions such as Litecoin (LTC), most of the major wallet-bound altcoins are earning sizeable profits for their holders. More on that and other

Celebrating The History And Spirit Of Bitcoin Independence Day

Source Node: https://bitcoinmagazine.com/articles/celebrating-the-history-and-spirit-of-bitcoin-independence-day?utm_source=rss&utm_medium=rss&utm_campaign=celebrating-the-history-and-spirit-of-bitcoin-independence-day
Time Stamp: August 6, 2020 11:27 AM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

This article originally appeared in our Weekly Bits newsletter. If you want our news and analysis before anyone else, make sure you subscribe now! In my view, Bitcoin Independence Day is a holiday that says a lot about the BTC community. Its origins are highly technical and difficult to understand, the “independence” it celebrates refers to the developer community overcoming interests from industrialized miners and, ultimately, it’s a chance for Bitcoiners to reflect on the young history of the technology and engage in debate. To celebrate, Bitcoin Magazine hosted a day