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Coinbase, a leading United States-based cryptocurrency exchange has announced the introduction of Bitcoin transaction batching for both Coinbase and Coinbase Pro users. This will significantly slash transaction fees for traders, while also improving the scalability of the Bitcoin network, according to a blog post on March 12, 2020. Bitcoin Transaction batching Live on Coinbase AsRead More
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The lightning network is due for a privacy boost. That's according to Dr. Ayo Akinyele, a computer scientist who has focused his efforts on building a zcash implementation of anonymous off-chain payment architecture called BOLT. And today that work was published on Github. First conceived by zcash founders Matthew Green and Ian Miers in 2016, the code is inspired by the bitcoin scaling solution, lightning network, and seeks to unlock high levels of transaction throughput
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Software developers Rosco Kalis and Gabriel Cardona have been steadily working on Cashscript, a high-level programming language for Bitcoin Cash. When the language is tied to certain opcodes, specific schemes can be built that allow for autonomous and decision-based transactions. While testing Cashscript’s capabilities, the two engineers recently deployed an oracle, forfeits, an onchain wager, and a recurring payments contract. Also read: Send Token Payouts With Ease Using
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The popular wallet service Electrum is soon to add support for bitcoin’s lightning network. Electrum’s founder Thomas Voegtlin told CoinDesk from the BIP001 blockchain event in Odessa, Ukraine, that work on the solution for sending lightning transactions with the Electrum wallet is now close to its official release. While he declined to reveal a specific release date, Voegtlin said: “We’ve been doing this work for about a year in a separate branch [on GitHub] a
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How Bitcoins Work Oodles Technologies’ proven capabilities to successfully implement systems that use cryptographic proof of work systems has been helping organizations worldwide, to simplify ‘transactions’ and cost based processes.