Archive

Tag: Bitcoin Protocol

Bitcoin Hash Functions Explained

Anyone with an interest in bitcoin will have heard the phrase ‘cryptographic hash function’ at some time or other. But what exactly does it mean, and how is it connected to cryptocurrency? Hash functions are an essential part of, not…

New Bitcoin Software Update Boasts 55 Fixes

Bitcoin’s eighth birthday was marked by a new software update. Though all eyes may have been on the escalating price, Tuesday’s software upgrade (to version 0.13.2) is the latest of many “minor version releases” published by the volunteer developer group known popularly as…

Bitcoin Miners Can Now Signal Support for SegWit

Bitcoin miners can now show their support for a long proposed technical update that would boost the network’s transaction capacity. Following block 439,488 on the bitcoin blockchain (which occurred at roughly 8:30 UTC today), miners can now upgrade their software by…