Bitcoin Taproot Is Around The Corner

The highly anticipated Bitcoin protocol update, Taproot, is going to activate when it reaches block #709,632, believed to happen around November 16. It will bring many improvements by replacing ECDSA signatures with Schnorr signatures, enhancing privacy, scalability, security, and lowering fees.

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Vitalik Buterin appreciates Bitcoin Cash for scheduling implementation of Schnorr signatures ahead of Bitcoin

Vitalik Buterin, the brainchild of the second largest cryptocurrency, Ethereum, spoke at ETH Cape Town on April 2019. Speaking about the forks of Bitcoin, Buterin said that Bitcoin Cash SV was overrated and considered Bitcoin Cash to be underrated.

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Bitcoin Cash: Schnorr Signatures to go live in two weeks on mainnet in an effort to increase privacy

Story to be updated.

The post Bitcoin Cash: Schnorr Signatures to go live in two weeks on mainnet in an effort to increase privacy appeared first on AMBCrypto.

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Will Schnorr and Taproot Be as Difficult for Bitcoin to Activate as SegWit?

During the recent Understanding Bitcoin conference in Malta, the opening panel on day two focused on potential upcoming improvements for Bitcoin. The panel featured Blockstream CEO Adam Back, Blockstream Chief Architect Lawrence Nahum, and Blockstream Researcher Christian Decker.

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Ongoing Effort to Free Ross Supported by 100 Eminent Organizations and Individuals

Ross Ulbricht’s clemency petition is closing in on 160,000 signatures stemming from individuals asking U.S. President Donald Trump to pardon Ulbricht. In addition to the vast number of signatures, roughly 100 eminent organizations and well known figures have supported Ulbricht’s effort, many of whom have written a statement on Ulbricht’s behalf in order to speak […] The post Ongoing Effort to Free Ross Supported by 100 Eminent Organizations and Individuals appeared first on Bitcoin News.

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ZenGo Introduces First Zilliqa (ZIL) Threshold Signature Scheme (TSS)

ZenGo Introduces First Zilliqa Threshold Signature Transaction Zilliqa (ZIL) was added to the Threshold Signature Scheme also known as TSS. The information was released by ZenGo on April 8. TSS was implemented in the past in Bitcoin (BTC), Ethereum (ETH) and also Binance Coin (BNB).

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Two BCH Devs Leave Bitcoin Unlimited as Network Upgrade Approaches

On May 15, the Bitcoin Cash (BCH) network is set to upgrade, with plans to add two specific elements to the chain: the Segwit recovery exception and enabling Schnorr signatures. With just six weeks left, programmers have been discussing the fork regularly during BCH developer meetings.

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What Is Bitcoin’s Graftroot? Another Privacy Enhancing Feature

Bitcoin developers currently have a significant challenge ahead of them, perhaps the biggest one they faced so far: improving the Core’s privacy and efficiency. Most of their efforts seem to be focused on the Schnorr signatures technology, a key piece of code which further unlocks improvements like Taproot and the topic of today’s article, Graftroot.

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Bitcoin Cash (BCH) Prices Cool Off, Correction to $140 in Progress

Bitcoin Cash outperforms all assets in the top 10 The ABC team will implement Schnorr signatures in May 2019 Participation levels drop despite BCH registering double-digit gains Schnorr Signatures, it appears, will first call Bitcoin Cash home before implementation at Bitcoin core.

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Bitcoin Cash to Implement Schnorr Signatures Before Bitcoin Core

While Blockstream’s researcher Andrew Poelstra will speak of Schnorr Signatures this May at the nicely named Magical Crypto Conference, part of Consensus Blockchain week, Bitcoin Cash (BCH) will be celebrating.

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How Do Cryptographic/Digital Signatures in Bitcoin Work?

Digital signatures are a mathematical concept/technique used to verify the authenticity and integrity of information. In a manner similar to a handwritten signature or a stamped seal, digital signature is used to offer reasons to believe that a certain message/document was created by the designated sender.

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Buffett’s Wells Fargo Fined Over 20% Of Bitcoin’s Market Cap Since 2000

For all his Bitcoin-bashing bluster, Berkshire Hathaway’s Warren Buffett is hardly a bastion of business virtue. He continues to defend BH investment Wells Fargo bank, despite almost $15 billion in penalty fines since 2000.

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Unpacking Schnorr Signatures: Blockstream’s MuSig to Improve Bitcoin Transactions?

What is the Schnorr signatures scheme — the new MuSig standard that hopes to improve Bitcoin’s transactions?

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BCH Devs Lock in Code for the Chain’s Next Upgrade: Schnorr and Segwit Recovery

On Feb. 14, a group of Bitcoin Cash (BCH) developers sat down and discussed the featured items for the scheduled upgrade this coming May. According to the programmers, two specific features will be ready for the upgrade: Schnorr signatures and Segwit recovery.

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Blockstream Announces Schnorr Signatures Test Code, a Massive Bitcoin Upgrade in the Making

Schnorr, which is going to be one of the largest Bitcoin code changes ever, is trying to raise enough adoption to actually be used. Now, Blockstream has released some of the test code that will be used on the project.

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Blockstream Releases Test Code for Proposed Bitcoin Tech Upgrade Schnorr

Schnorr signatures are no longer just another idea for improving bitcoin thanks to a new code library from Blockstream.

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Privacy and Scaling: Schnorr Signatures Are Coming to Bitcoin Cash

On Tuesday, Jan. 29, Bitcoin Cash developer Mark Lundeberg revealed two planned features for the scheduled May 2019 BCH upgrade. In the gist published to Github, Lundeberg described a specific improvement that’s been discussed by cryptocurrency developers for years — implementing Schnorr signatures in place of ECDSA signatures.

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Graftroot: How Delegating Signatures Allows for Near-Infinite Spending Variations

This article is a direct follow-up from our Taproot explainer. If you haven’t read that article, you should probably do so first. If Taproot is deployed on Bitcoin, many smart contract constructions will look just like regular transactions on the blockchain.

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Taproot Is Coming: What It Is, and How It Will Benefit Bitcoin

Bitcoin users may, before long, be able to benefit from a trick called “Taproot. ” First proposed by Bitcoin Core contributor and former Blockstream CTO Gregory Maxwell, Taproot would expand on Bitcoin’s smart contract flexibility, while offering more privacy in doing so.

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Ripple Issues a Statement on “Biased Nonce Sense” Paper

A new research paper by Joachim Breitner and Nadia Heninger about the repeated use of insufficiently random ‘nonces’ (‘k’ values) in ECDSA digital signatures has caught the attention of Ripple.

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Educating the Next Wave of Bitcoin Developers

Bitcoin is an open-source protocol that anybody can interact with. It is getting attention and attracting participation in different ways, whether it is through speculation, investing and sending money, all the way to contributing to what’s underneath the hood.

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Researchers Find Vulnerability for Bitcoin, Ethereum, and Ripple Digital Signatures in Faulty Implementations

Researchers recently identified vulnerabilities in cryptographic signatures for Bitcoin, Ethereum, and Ripple, that allowed attackers to calculate private keys and, consequently, steal any crypto in that wallet.

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Bitcoin 0Day Discovers Only $54 Worth of Bitcoin, $14 XRP and 0.00002 ETH Are Vulnerable

Crypto researchers have discovered what they claim is a previously unknown vulnerability in digital signatures which happens to affect only $54 worth of bitcoin out of its circa $70 billion... The post Bitcoin 0Day Discovers Only $54 Worth of Bitcoin, $14 XRP and 0.00002 ETH Are Vulnerable appeared first on Trustnodes.

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TRD COIN ICO

INTRODUCTION We want to build an exchange website known as Bittrader where many coins will be listed and the main pair will be the TRD Coin. Similar to Binance, some of the notable features of Bittrader include strong security, privacy, and untraceable features.

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Ascertaining Identity in the Digital World Using Schnorr Signatures

Since humans were able to put his words into a written form, cultures have needed a way to ascertain the origin of documents. Once it became possible to communicate on paper, without the need to physically be in the same location, the necessity arose to verify that the words inscribed on the paper came from the rightful originator.

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Best hardware wallets for Bitcoin (BTC)

Bitcoin hardware wallets are a tamper-proof electronic device designed to store private keys of your coins in an offline setting. The private keys and digital signatures needed to spend bitcoins are generated via these wallets.

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Bitcoin’s Tech Trends of 2018: What This Year Brought Us (Part 1)

Where 2017’s dizzying price highs embedded “hodl” into the public consciousness, 2018 was the year that “buidl" became a trend in the crypto-industry — and Bitcoin was no exception.

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Petition to Free Ross Ulbricht Gathers 100,000 Signatures

Over the last few months, a petition aimed at freeing Ross Ulbricht from prison has garnered 100,000 signatures. The request addressed to U. S. president Donald Trump and hosted on Change. org explains that Ulbricht deserves clemency because his investigation, trial, and sentencing were rife with abuse.

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Just the Facts: An Unembellished Examination of Ross Ulbricht's Arrest

The Let’s Talk Bitcoin Network hosts several podcasts for regular discussion topics in the world of blockchain and cryptocurrency, including the popular weekly show What Bitcoin Did.

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Amazon Bags Patents Related to Cryptography and DLT Data Storage

According to the U. S. Patent and Trademark Office, the Jeff Bezos-led Amazon has won two patents related to cryptography and leveraging the DLT storage functionality. The two patents were published online, November 13, 2018.

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Monero Transaction Fees Reduced by 97% After Bulletproofs Upgrade

After the recent hard fork upgrade of its protocol, Monero has seen its transaction fees shrink by approximately 97 percent, dropping from 60 cents to just 2 cents.

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Why 100k Could Be The Limit For Bitcoin?

Earlier this week an article was published which discussed how Bitcoins valuation could be set to 100k at most. As we know, the upper limit for BTC is currently set at $20k, an all time high that has not yet been matched since the cryptocurrency boom of late 2017.

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Ripple Supporters Create a Change.Org Petition to Make XRP the Official Crypto for Tokyo Olympics

No matter who tops the medal tally at the 2020 Tokyo Olympics, cryptocurrencies could emerge as the real winner. Supporters of Ripple are now pushing for XRP to become the official cryptocurrency for the sporting event.

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Novice, Intermediate or Expert? A Quiz to Test Your Bitcoin Knowledge

Think you know the ins-and-outs of bitcoin? Test yourself with 30 questions that grill you on Bitcoin’s history, technology and politics. The 30 questions are split up into three segments ranging from novice to intermediate to expert, and cover a wide range of topics across the Bitcoin landscape.

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eCash Founder David Chaum Makes Bold Promises with Elixxir Blockchain

Over 30 years after creating eCash, a predecessor of bitcoin and other cryptocurrencies which spawned the Cypherpunk movement of the 1980s, Dr. David Chaum is back in the public eye with a claim of having invented “the world’s fastest cryptocurrency.

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Battle of the Privacycoins: Why Monero Is Hard to Beat (and Hard to Scale)

Based on blockchain technology, most cryptocurrencies have an open and public ledger. While this is required for these systems to work, it comes with a significant downside: Privacy is often quite limited.

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Silk Road Questions Unanswered as Ulbricht Gathers 60K Clemency Signatures

Ross Ulbricht was sentenced to life in prison back in 2015 for operating the Silk Road marketplace but many people believe he should be set free. The Ulbricht family, aided by his new Twitter account @RealRossU, has managed to gather close to 60,000 signatures in a petition for his clemency.

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Schnorr Signatures: What, When & Why?

The last few months have seemingly been particularly fruitful when it comes to development activity surrounding second-layer Bitcoin technologies, with recent news pointing towards great progress for both the Liquid and Lightning networks.

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Blockchain Data Now Has Legal Bearing in the State of Ohio

Governor John Kasich from the Midwestern state of Ohio signed a bill this week that formally recognizes data recorded on a blockchain and electronic signatures as having legal bearing in a court of law.

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How Does BitCoin Promise Progress? Schnorr Signatures.

These are standardized, but have a number of downsides compared to Schnorr signatures over the same curve: Security proof: The security of Schnorr signatures is easily provable in the random oracle model assuming the elliptic curve discrete logarithm problem (ECDLP) is hard.

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Lyn Ulbricht and the Effort to Free Ross: Looking at "the End of the Road”

The darknet site founded by Ross Ulbricht, Silk Road, has been offline for years now. But the legal questions behind his conviction and subsequent sentencing to life in prison without the possibility of parole in 2015, remain fresh, raw and real to Ulbricht’s advocates.

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Chaincode Devs, Google Alumni Create Industry Group to Help Bitcoin Scale

Scaling has been a heated topic for the bitcoin community for some time. Further, even when a technology does become available, getting people to use it becomes the next big hurdle.

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Bitcoin set to roll out Schnorr, its biggest upgrade to date

Bitcoin is making progress on a tech upgrade that will improve its speed, scalability and privacy.  Schnorr will clear up space on the blockchain by containing signatures. The result expected is relief for transaction backlog and the high fees that go along with it.

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Bitcoin [BTC]’s new Improvement Proposal: What exactly are Schnorr signatures?

Signatures are one of the cornerstones of the Bitcoin [BTC] blockchain. They are what allow for the solution to the problem of double spending on the blockchain, albeit in an indirect way. Signatures on the blockchain are what allow transactions to be verified.

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Schnorr Signatures Bring New Proposal for Bitcoin (BTC) Enhancement

Schnorr Signatures Bring New Proposal for Bitcoin Enhancement Blockchain signatures allow you to verify transactions. Once a user creates a hash of its transaction data, the hash for that transaction can be signed by the user's private key.

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Segregated Witness Removes One of Bitcoin’s Data Integrity Checks

The following opinion piece on Segregated Witness was written by Jonald Fyookball In 2017, Dr. Peter Rizun noted that Segregated Witness (Segwit) changes the very definition of a Bitcoin as per the whitepaper: “We define an electronic coin as a chain of digital signatures.

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