Bitcoin and cryptocurrency research development group, Chaincode Labs has hired developer and co-founder of Blockstream, Pieter Wuille, who will now work on protocol improvements to Bitcoin....
Bitcoin’s decentralized network and its Proof of Work consensus algorithm are all fundamentally based on this intrinsic lack of trust. However, as Bitcoin has grown into...
Liquid sidechain technology was primarily heralded as a potential solution to Bitcoin’s scalability as well as privacy issues as it promised to increase the efficiency of...
In an effort to make Bitcoin more scalable, Joseph Poon and Thaddeus Dryja proposed the Lightning Network in 2016. The project improves scalability by creating a...
On 22 October 2014, Adam Back, Matt Corallo, Luke Dashjr, Mark Friedenbach, Gregory Maxwell, Andrew Miller, Andrew Poelstra, Jorge Timón, and Pieter Wuille proposed a new...
Bitcoin’s constant deterrent towards true decentralization can be attributed to the centralization of mining, with several people expressing concerns over mining sector concentrating in China in...
Blockstream’s Marketing Director, Neil Woodfine, recently took to Twitter to address the question of “What happens when the Internet gets switched off?” Woodfine chose to respond...
Towards the end of 2019, Bitcoin‘s Lightning Network started to gain traction again after noted crypto-exchange Bitfinex added support for Bitcoin’s 2nd layer payments protocol. Blockstream’s...
“Today we know that centralization and big bureaucracies have not, as promised, been the answer for promoting better opportunities for society” ~ Carlos Salinas de Gortari...
Blockstream recently revealed its plans to make multi-part payments interoperable on the Lightning Network, a development which essentially means that sending large Bitcoin transactions on top...