Discover and read the best of Twitter Threads about #SegWit
Most recents (10)
1/ As crypto continues through the bear market, #Bitcoin's identity as an inflation hedge, store of value, and a maturing institutional asset have wavered.
However, a new narrative has emerged through a feature made possible following the #SegWit and #Taproot upgrades. 👀🧵
However, a new narrative has emerged through a feature made possible following the #SegWit and #Taproot upgrades. 👀🧵
2/ Soft-fork upgrade Segregated Witness (SegWit) made it easier and cheaper to store large amounts of data, while Taproot removed the constraints on the amount of data that could be included in $BTC transactions.
1/28 🚨Thread sur #Bitcoin face à la suprématie quantique : les risques d'une menace fondée ou d'un fantasme imaginé ?🚨Bref état de l’art 👇
2/ L'informatique quantique représente un énorme bond en avant dans la manière dont les ordinateurs résolvent (calculent) des problèmes💻🧠
3/ La crainte générale serait telle que dans un avenir proche (+/-10 ans) des ordinateurs quantiques (OQ) - dont la capacité de calculs serait largement supérieure aux ordinateurs traditionnels - dominent certains mécanismes cryptographiques et de calculs associés au PoW #Btc :
BTC is "Bitcoin" only because a group of centralized exchanges gave it that ticker.
In other words, it was fixed.
A few dozen people decided that the Segwit fork would be "BTC" and the version that worked the way Bitcoin had always worked would become an "altcoin."
In other words, it was fixed.
A few dozen people decided that the Segwit fork would be "BTC" and the version that worked the way Bitcoin had always worked would become an "altcoin."
There was no level playing field.
There was no hashwar.
The market did not decide.
The market was not given a choice.
It was fixed.
There was no hashwar.
The market did not decide.
The market was not given a choice.
It was fixed.
Remember when Faketoshi split BCH?
Even though he was a total fraud with a completely bogus motivation for causing a split only two weeks before code freeze, exchanges still gave that bozo a level playing field, renaming BCH into "BCHABC" and "BCHSV".
Even though he was a total fraud with a completely bogus motivation for causing a split only two weeks before code freeze, exchanges still gave that bozo a level playing field, renaming BCH into "BCHABC" and "BCHSV".
1/13. #Bitcoin's Taproot upgrade is < 1 week out (block 709,632 - Nov. 14), meaning the network will undergo a historical upgrade that will enhance Bitcoin's smart contract flexibility, transaction efficiency, privacy, and security.
So, what's Taproot? A quick thread 👇
So, what's Taproot? A quick thread 👇
2/13. #Taproot is the first #Bitcoin soft fork since SegWit paved the way for the Lightning Network in 2017. The soft fork packages 3 BIPs that synergistically empower users and roll out the red carpet for vast innovation on Bitcoin:
✅Schnorr Signatures
✅ Taproot
✅ Tapscript
✅Schnorr Signatures
✅ Taproot
✅ Tapscript
3/13. BIP340 (Schnorr Signatures) introduces a more secure, light, and flexible cryptographic signature that enables "key aggregation," a technique that ensures single-sig transactions, multi-sig transactions, and complex smart contracts are indistinguishable on the blockchain.
Hilo 🧵- Todo lo que debes saber sobre los formatos de direcciones de #Bitcoin 👇
🧵1. Una dirección (address), es una cadena de 26 a 35 caracteres alfanuméricos, es todo lo que se necesita para enviar y recibir bitcoins. Se puede usar cualquier dirección de #bitcoin para transferir criptomonedas a cualquier otra dirección en la red.
🧵2. Hay 3 formatos de dirección de #Bitcoin Core: P2PKH, P2SH y bech32, y solo un puñado de proveedores de servicios los admiten todos. Es muy probable que su billetera o Exchange preferido no admita al menos uno de estos formatos, siendo bech32 el más probable que se omita.
@gregory_raymond @altbator @nano @CryptoMatrix2 @PowerHasheur @SlashCoins Merci. Quand on découvre $NANO, on comprend que c'est trop beau pour être vrai. Et puis, il y a eu Bitgrail...Si ça ressemble à un shitcoin, ce doit être un shitcoin. Voyons cela, en commençant par ce qui fâche 👇
@gregory_raymond @altbator @nano @CryptoMatrix2 @PowerHasheur @SlashCoins 1/ Comme le BTC avec MtGox comme les plus anciens le savent, en février 2018, NANO a vu nombre de ses détenteurs être victimes du manque d'éthique et de diligence, si ce n'est d'un vol pur et simple, du propriétaire de la plateforme d'échange BitGrail.
@gregory_raymond @altbator @nano @CryptoMatrix2 @PowerHasheur @SlashCoins 2/ Contrairement à ETH (Block 1920000) ou BTC (Block 74638), le registre NANO n'a jamais fait l'objet ni d'un piratage onchain ni d'un rollback de la chaîne. Les développeurs ont également refusé de céder à Francesco Firano, qui menaçait de les accuser en l'absence de fork.
Last week, I co-hosted a @bitcoinmagazine clubhouse on #Bitcoin’s coming #Taproot activation.
Yes, there are differences in opinion. No, this does not resemble debates that have led to past network splits.
A quick thread on current consensus 🧵
Yes, there are differences in opinion. No, this does not resemble debates that have led to past network splits.
A quick thread on current consensus 🧵
2/ First, the context around #Taproot is very different than the debates that resulted in the #BCH blockchain split.
Nearly everyone agrees Taproot is beneficial for #Bitcoin, and there are (so far) no groups with meaningful objections to the proposal.
bitcoinmagazine.com/articles/tapro…
Nearly everyone agrees Taproot is beneficial for #Bitcoin, and there are (so far) no groups with meaningful objections to the proposal.
bitcoinmagazine.com/articles/tapro…
3/ The disagreement is about aligning activation (in code) with project ethos
There are two proposed ways to activate:
LOT = FALSE: Gives miners a year to activate Taproot, then it expires.
LOT = TRUE: Lets users activate Taproot if miners do not upgrade within a year.
There are two proposed ways to activate:
LOT = FALSE: Gives miners a year to activate Taproot, then it expires.
LOT = TRUE: Lets users activate Taproot if miners do not upgrade within a year.
There are a lot of people currently afraid of the impending regulatory clarity from @USOCC Brian Brooks and the Office of the Comptroller of the Currency (OCC). #cryptocurrency = wild west since 2009, we've witnessed extraordinary growth, and extraordinary amounts of fraud.
Hace 2 años ocurrió la 1era batalla épica ganada por los usuarios de #bitcoin
Un grupo de +50 mineros y corporaciones nos quisieron imponer el acuerdo de New York #SegWit2X, sin tenernos en cuenta
#NO2X fue la respuesta de la comunidad, realizando #UASF para escalar Bitcoin
Un grupo de +50 mineros y corporaciones nos quisieron imponer el acuerdo de New York #SegWit2X, sin tenernos en cuenta
#NO2X fue la respuesta de la comunidad, realizando #UASF para escalar Bitcoin
Ese grupo +50 pretendía hacernos creer que ellos tenían el control de #Bitcoin, se olvidaron que esto es una tecnología de bien público (descentralizada), de la cual los usuarios (nodos completos) son quienes toman las decisiones medium.com/@DCGco/bitcoin…
Starting today's #Bitcoin news thread...
Remember you can find the newsletter, YouTube, and SoundCloud links to the Daily Bitcoin Recap at kyletorpey.com
Remember you can find the newsletter, YouTube, and SoundCloud links to the Daily Bitcoin Recap at kyletorpey.com
US Treasury Secretary Warns Against Bitcoin Becoming the Next ‘Swiss Bank Account’
🤔Wonder if he knows that's the whole point.
bloomberg.com/news/articles/…
🤔Wonder if he knows that's the whole point.
bloomberg.com/news/articles/…
The Bitcoin Investment Trust will undergo a 91-for-1 split on Jan. 26. That’ll turn the 1.9 million shares currently outstanding into a whopping 174.4 million. It will cut the stock price from around $1,950, where it currently sits, to roughly $21. bloomberg.com/news/articles/…
