Bitcoin’s biggest privacy problems set to be tackled by Schnorr, Taproot

Evidenced by growing initiatives such as Lightning Network, the crypto-community has made more efforts towards improving the Bitcoin ecosystem. A recent Longhash report highlighted two currently-in-review Bitcoin Improvement Proposals (BIP) known as Schnorr and Taproot, which could push the needle further in the right direction, if they gain consensus among the nodes on the network.

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Schnorr + Taproot Soft Fork Promises Big Things For Bitcoin

Engineers and developers are continuously working to provide Bitcoin with technological improvements. Now, most likely, the next Bitcoin technological breakthrough will come through the Schnorr + Taproot soft fork.

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Bitcoin Cash Proponents Prepare for Forthcoming Upgrade Features

In five weeks, the Bitcoin Cash (BCH) network will upgrade once again, adding two new features to the blockchain. The first component added will be Schnorr support for OP_Checkmultisig, which will allow more complex mechanics to multi-signature transactions and all signature checking operations will support Schnorr signatures.

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Bitcoin is a settlement layer and not a payments layer, claims Blockstream’s Samson Mow

Recently, Blockstream CSO Samson Mow spoke at the Upbit Developer Conference 2019 about Liquid and creating Lightning networks for any asset issued on Liquid. Mow started by hyping the new and advanced technologies that are coming to Bitcoin for the improvement of its scaling issues.

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Meet the Developer Who Added Schnorr Signatures to Bcash

This week news.Bitcoin.com spoke with Jonathan Gonzalez, the blockchain developer who is currently maintaining the Bcash project, a Bitcoin Cash full node written in node.js. Gonzalez explained how he got into Bitcoin Cash development and how he managed to get the Bcash node fully compatible with last May’s fork, which introduced Schnorr signatures to the […] The post Meet the Developer Who Added Schnorr Signatures to Bcash appeared first on Bitcoin News.

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Hyperloop: A New Concept by Lightning Aiming to Solve Liquidity Problems

About two months ago, Lightning Labs released Lightning Loop, a service that allows users to fill or empty Lightning channels without closing them, thus reducing on-chain fees.

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Bitcoin [BTC] can achieve better scalability, security via Schnorr Signatures, claims Andrew Poelstra

The technology behind the blockchain industry and cryptocurrency have been deemed by many as a revolutionary development of the 21st century. The digital framework which maintains and improves the tech requires constant implementations to eradicate bugs and tackle issues like scalability and security attached to crypto-assets.

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Miners Exploit Recent Bug to Launch 51% Attack on the Bitcoin Cash Network

Bitcoin Cash recently upgraded its network to integrate the Schnorr Multisig feature. As good as the development was with the advantages of Schnorr, it led to a fault that would have cost Bitcoin Cash more than the advantages of Schnorr.

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Bitcoin Cash Devs Publish the First 3 of 3 Multi-Sig Schnorr Transaction

On May 15, the Bitcoin Cash network successfully upgraded by implementing Schnorr signatures, after which a few developers processed some basic Schnorr signatures. Then, on Saturday, May 18, software developers Chris Pacia, Mark Lundeberg, and Checksum0 performed the first multi-sig Schnorr signature on BCH and sent the funds to Freeross.

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Хэшрейт Bitcoin Cash оказался опасно близок к захвату контроля одним майнинговым пулом

Команде проекта Bitcoin Cash, возможно, удалось успешно противостоять хакеру, который воспользовавшись обновлением сети, пытался атаковать блокчейн. Несомненно, что они улучшили свою конфиденциальность, внедрив подписи Schnorr.

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Bitcoin Cash’s hashrate comes dangerously close to being controlled by one mining pool

Bitcoin Cash may have fended off the hacker who abused the network upgrade, it may have also upgraded its privacy by implementing Schnorr Signatures, but there is something dangerous happening behind the scenes, which could have a detrimental effect.

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Bitcoin Cash: More than 99% of BCH’s market cap was moved on its blockchain in the last 24 hours

Roger Ver considers Bitcoin Cash to be the actual Bitcoin due to its superiority in comparison to Bitcoin, in terms of transaction settlement time, scalability, and privacy. Bitcoin Cash’s transactions are far more superior than Bitcoin’s due to the implementation of Schnorr Signatures by the former.

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Bitcoin Cash, Ethereum, and Litecoin drop by more than 6% in an hour; has the correction wave begun?

Altcoins followed Bitcoin’s [BTC] lead and pumped higher. However, since Bitcoin slumped by ~2% in an hour, several altcoins have dropped by more than 6% over the hour. Bitcoin Cash [BCH] The fourth largest cryptocurrency in the world by market cap underwent an upgrade on May 15, 2019, to implement Schnorr Signatures.

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Bitcoin Cash Protocol Successfully Upgrades — Schnorr Signatures Are Here

The Bitcoin Cash (BCH) chain has officially upgraded, adding Schnorr signatures and the Segwit recovery exemption. As of block 582680, the chain has implemented the new features successfully and BCH fans are celebrating another major protocol improvement.

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Bitcoin Cash Bug Exploited While it Forks

An apparently harmless bug has been exploited in Bitcoin Cash on or around the same time as the currency upgrades to implement Schnorr Signatures. Some are saying this is a...

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Bitcoin Cash blockchain faces glitch after scheduled network upgrade implementing Schnorr signatures and more

Bitcoin Cash faced a network upgrade on May 15, 2019, at 5:30 PM UTC, which was scheduled a few weeks ago to implement security and privacy to the blockchain. The official blog of Bitcoin Cash informed about the network update on May 01.

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Bitcoin Cash Hard Fork Complete: Summary of Upgrades and Changes

The long-awaited bi-annual hard fork on Bitcoin Cash (BCH) has been rolled out as of 15 May 2019. Schnorr signatures and recovery from SegWit addresses are the biggest takeaways from the hard fork.   Network Upgraded Bitcoin Cash’s network has finally rolled out its long-awaited upgrade; the BCH network hard forks every six months to keepRead MoreRead More.

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Schnorr Signatures Are Coming to Bitcoin Cash – Here’s What You Should Know

On Wednesday, May 15, the Bitcoin Cash (BCH) network will be upgraded to incorporate the highly anticipated Schnorr signature algorithm, a digital signature scheme widely known for its simplicity.

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Bitcoin Developer and SegWit Inventor Proposes New ‘Taproot’ SoftFork

Several new softfork proposals were posted by the Bitcoin developer and SegWit inventor Pietr Wuille this week. Dubbed ‘Taproot’ the upgrade has almost no downside and will help facilitate the Bitcoin lightning network that is increasingly being adopted.

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Another Hard Fork, Will Bitcoin Cash (BCH) Tank or Soar in Response?

Bitcoin Cash (BCH) up 6. 8 percent Schnorr Signatures implementation ahead of the more decentralized OG Six months after a contentious hard fork, Bitcoin Cash developers plan to upgrade the network to include Schnorr signatures that require less space while simultaneously promoting scalability, security, and privacy.

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Schnorr Signatures Await Bitcoin Cash as the Next Fork Draws Near

The Bitcoin Cash network is scheduled to fork on May 15 and the community has been steadily preparing for the next upgrade, which will entail the addition of Schnorr signatures and Segwit recovery exemption.

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Schnorr Signatures Await Bitcoin Cash as the Next Upgrade Draws Near

The Bitcoin Cash network is scheduled to fork on May 15 and the community has been steadily preparing for the next upgrade, which will entail the addition of Schnorr signatures and Segwit recovery exemption.

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Bitcoin Developer Peter Wuille Reveals Two Bitcoin Improvement Proposals: Taproot and Schnorr

One of the most bitcoin developers, and co-founder of Blockstream, Pieter Wuille recently unveiled two Bitcoin Improvement Proposals (BIP) which might be the next possible upgrade for the top crypto.

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Bitcoin Cash Signs Up For Schnorr Signatures

Bitcoin Cash is preparing for another fork, which will upgrade the software for the fourth-most valuable blockchain network. Unlike the last hard fork, the next upgrade is unlikely to cause any dramatic splits, focusing instead on efficiency and scalability improvements.

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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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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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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 представила тестовый код для имплементации подписей Шнорра в сети биткоина

Компания Blockstream представила код решения под названием MuSig, который позволяет разработчикам тестировать технологию подписей Шнорра и находить возможные ошибки. We’re excited to announce #MuSig code is now merged into secp256k1-zkp! MuSig is a new #Schnorr multisignature scheme for more compact and private multisig transactions.

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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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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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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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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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Taproot to Enhance Bitcoin Privacy Is Ready for Testing, but Needs Schnorr

Greg Maxwell’s Taproot Privacy Tech Set To Be Released Bitcoin has been pretty unpopular because of its privacy. As a result of this shortcoming, developers have long been trying to find a fix, or at least improve it over time.

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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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Schnorr Signature: The Next Step in Bitcoin Evolution and Why Is It So Important?

Schnorr signature, with its first BIP draft recently introduced by Bitcoin developer Pieter Wuille, affects the core of Bitcoin rules and can potentially make transactions faster, cheaper and smaller in size.

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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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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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Schnorr on its Way to Become Bitcoin’s Biggest Improvement Since SegWit

Bitcoin is close to achieving a new improvement proposal. Known as Schnorr, this unique technology has been cataloged by several analysts as Bitcoin’s Biggest improvement Since SegWit. Despite not having much hype during the early stages of its development, the slow but steady work of Pieter Wuille, an influential personality in the Bitcoin ecosystem, bore […] The post Schnorr on its Way to Become Bitcoin’s Biggest Improvement Since SegWit appeared first on Ethereum World News.

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Обновление Schnorr позволит решить проблему масштабирования сети bitcoin

Bitcoin-разработчик и сооснователь финтех-стартапа Blockstream Питер Вуйиль опубликовал техническое описание проекта Schnorr, представляющего собой улучшенную версию системы цифровой подписи сети bitcoin.

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