Technology

Many of Bitcoin’s most active stakeholders have just about nailed down the activation method for Taproot, the Bitcoin software’s biggest upgrade in years. In a public meeting on Internet Relay Chat (IRC) Tuesday, Bitcoin developers, miners, business professionals and enthusiasts hashed out the specifics of how to package the Taproot upgrade into an update –
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Bitcoin’s Taproot upgrade is (basically) a shoe-in as Bitcoin stakeholders figure out the best way to bring it online.  Digital signatures are created from the private keys that control bitcoin wallets and are required to approve transactions. Taproot addresses will use Schnorr signatures, rather than Bitcoin’s current signature algorithm, the elliptic curve digital signature algorithm,
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Ethereum miners earned a record $830 million in January as network activity, fees and ether’s price all surged.  Monthly revenue has not reached this level since the previous record from January 2018 near ether’s previous all-time high, according to data estimates by CoinDesk.  Revenue estimates assume Ethereum miners sell their ether immediately.  On-chain data reviewed
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Non-fungible tokens (NFT) are digital assets that represent a wide range of unique tangible and intangible items, from collectible sports cards to virtual real estate and even digital sneakers. One of the main benefits of owning a digital collectible versus a physical collectible like a Pokemon card or rare minted coin is that each NFT
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As massive protests sweep across the nation, activists fear Russia has been deploying facial recognition technology to clamp down on dissent.  Following nationwide protest rallies on Jan. 31, several people reported on social media they were detained by the police after subway and street surveillance cameras recognized them as protesters. Countries all over the world
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When Elon Musk adds #Bitcoin to his Twitter bio, you know buying bitcoin is in vogue again.  The cryptocurrency is pumping, perhaps not-too-coincidentally, as investing app Robinhood faces criticism for censoring stock and crypto trading in response to the Wall Street Bets saga.  With Robinhood taking heat, Coinbase is basking in the glow. Coinbase’s popularity
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“Are you running the numbers?” This is what Bitcoin Core developer Andrew Chow is trying to find out in a new survey.  Sponsored by a grant from MIT’s Digital Currency Initiative, Chow crafted the survey “to get answers from people who are not current users” about why they don’t run a Bitcoin Core full node,
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Right now, blockchains communicate via tacked-on solutions (state channels, sidechains, swaps, bridges and so on). With the Stargate update to Cosmos on Feb. 18, the tools for native blockchain interoperability will be live on mainnet.  “This is a long-awaited release for many Cosmos-based projects out there,” Band Protocol’s Kevin Lu told CoinDesk via email. “For
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Farmers struggling amid Argentina’s hyperinflation and the economic effects of the coronavirus pandemic may soon find relief through the tokenization of agricultural assets using blockchain technology. According to a press release on Thursday, blockchain infrastructure provider CoreLedger and soon-to-launch peer-to-peer marketplace Abakus are aiming to create a digital barter economy within the country. CoreLedger’s technology
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While not many technical details of China’s plans for its central bank digital currency (CBDC) are publicly available, the digital yuan is already raising concerns around privacy, national security and political power. The Digital Currency/Electronic Payment (DCEP) system would give the Chinese Communist Party the powerful ability to monitor in real time the minute financial
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Eth 2.0 is looking at its first hard fork this year. The Ethereum Foundation-backed research team is currently organizing schematics for a  mid-2021 backward-incompatible change to the Beacon Chain, according to a Jan. 14 developer’s call. This hard fork is really not a hard fork in the traditional sense, Teku client project manager Ben Edgington
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