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Understanding Bitcoin UTXO management and its impact on transaction efficiency and privacy
Bitcoin’s design contains a unique way of handling transactions through the Unspent Transaction Output (UTXO) model. While this model provides enhanced security and privacy compared to traditional account-based systems, it also presents challenges in efficiently managing one’s Bitcoin holdings. дальше »
2024-5-17 20:30 | |
Fed Reserve of Philadelphia Research: Account-Based CBDCs May Replace Commercial Banks
A research paper published on June 1, 2020, by the Federal Reserve of Philadelphia shows account-based central bank digital currency (CBDC) could potentially replace the role of commercial banks if panic runs are managed and commercial banks are given a level playing field in the money market. дальше »
2020-6-6 19:06 | |
The Dawn of Hybrid Layer 2 Protocols
Special thanks to the Plasma Group team for review and feedback Current approaches to layer 2 scaling - basically, Plasma and state channels - are increasingly moving from theory to practice, but at the same time it is becoming easier to see the inherent challenges in treating these techniques as a fully fledged scaling solution for Ethereum. дальше »
2019-9-2 04:03 | |
”Stop Right Now!” – How Much Government Officials Already Hate Facebucks
The best thing about Facebook’s proposed digital currency isn’t its BTF consensus algorithm, account-based data model or single Merkle tree structure. No, the greatest thing about Libra has to be the triggered reactions from politicians and bankers who can sense the rug being pulled from under their feet, threatening their hegemony and upending their world […] The post ”Stop Right Now!” – How Much Government Officials Already Hate Facebucks appeared first on Bitcoin News. дальше »
2019-6-27 06:55 | |
Op Ed: Understanding the Latest FinCEN Guidance for Cryptocurrencies
On May 9, 2019, the Financial Crimes Enforcement Network (FinCEN), issued new “interpretive guidance” about how its regulations apply to businesses that conduct money transmissions in virtual currencies. дальше »
2019-5-11 21:34 | |
Beyond Canonicals: Determining Coin Age in Account-based Blockchains
Introduction Blockchain data gives us a unique opportunity to perform novel economic research. There have been several metrics developed for Bitcoin that exploit the availability of onchain data and show us a picture of the Bitcoin economy which is impossible to get in the fiat world. дальше »
2019-3-10 19:35 | |
Introducing Zether: Preserving Privacy in Smart Contracts
A group of academic researchers has unveiled a new first-of-its-kind protocol designed to provide confidentiality and anonymity to account-based smart contract platforms such as Ethereum. The Problem Creating systems where privacy is preserved for users has long been a foundational value in the cryptocurrency world. дальше »
2019-2-28 15:00 | |
ShapeShift Will Now Require “Basic Personal Details” for New Membership Program
In a what appears to be a seismic shift in company ethos, digital assets platform ShapeShift has launched a new loyalty program called "ShapeShift Membership" which will require the exchange users to provide "basic personal details," according to a blog post published September 4, 2018. дальше »
2018-9-6 21:20 | |