Bitcoin Forum
January 21, 2020, 02:32:04 PM *
News: Latest Bitcoin Core release: 0.19.0.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: A Look at Innovation in Bitcoin’s Technology Stack [complete with references]  (Read 161 times)
fillippone
Hero Member
*****
Offline Offline

Activity: 588
Merit: 2235


Legendary Member Wannabe


View Profile
December 06, 2019, 01:05:53 PM
Last edit: December 31, 2019, 12:41:25 PM by fillippone
Merited by arulbero (10), giammangiato (10), Micio (7), Welsh (6), malevolent (3), JayJuanGee (1), ETFbitcoin (1), duesoldi (1), hugeblack (1), LUCKMCFLY (1), iasenko (1), VB1001 (1), pindol (1)
 #1

I read a very interesting piece on Medium, summing up all the recent innovations in the bitcoin protocol.
For the not ubertechnical users like me it's a good summary of all the improvements in the Bitcoin stack.
I thought it would be handy to have a reference thread here on Bitcointalk, if available, for each of those technology.
I tried to start filling the boxes, please suggest new reference in case you know better ones.







Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1579617124
Hero Member
*
Offline Offline

Posts: 1579617124

View Profile Personal Message (Offline)

Ignore
1579617124
Reply with quote  #2

1579617124
Report to moderator
1579617124
Hero Member
*
Offline Offline

Posts: 1579617124

View Profile Personal Message (Offline)

Ignore
1579617124
Reply with quote  #2

1579617124
Report to moderator
1579617124
Hero Member
*
Offline Offline

Posts: 1579617124

View Profile Personal Message (Offline)

Ignore
1579617124
Reply with quote  #2

1579617124
Report to moderator
fillippone
Hero Member
*****
Offline Offline

Activity: 588
Merit: 2235


Legendary Member Wannabe


View Profile
January 07, 2020, 09:25:48 AM
Merited by JayJuanGee (1)
 #2

Today Aaron van Wirdum (twitter @AaronvanW) published a good recap of potential bitcoin protocol innovation expected in 2020.
It's a good read to get a better, not ubertechical grasp at the picture in the OP.

2020 and Beyond: Bitcoin’s Potential Protocol Upgrades
Quote
Bitcoin’s consensus layer has remained unchanged for over two years now. Since Segregated Witness (SegWit), which activated in August 2017, no hard fork or soft fork protocol upgrades have been deployed at all*, marking Bitcoin’s longest stretch without consensus forks so far.

But this stretch may soon come to an end: several backward-compatible soft forks are currently in development. Optimistically, some of them may go live in 2020 — if they gather sufficient support from the Bitcoin ecosystem.

fillippone
Hero Member
*****
Offline Offline

Activity: 588
Merit: 2235


Legendary Member Wannabe


View Profile
January 10, 2020, 10:31:57 AM
Last edit: January 10, 2020, 10:58:24 PM by fillippone
 #3

An intresting recap about Taproot upgrade proposal:

Bitcoin's Taproot/Schnorr upgrade proposal is 'nearly ready' as it moves through developer feedback phase.

Quote
Taproot is expected to be bundled together with Schnorr, a related upgrade that seeks to enable signature aggregation and make Taproot’s implementation possible.

Right now, the Taproot/Schnorr soft fork – proposed in May by Bitcoin Core developer Pieter Wuille – is moving through the ecosystem feedback phase as developers recommend and review possible changes to the draft.

On Dec. 17, Wuille put out an update on the project during the final scheduled meeting of the Taproot review group, where he revealed that developers were finishing addressing all comments from the review and that the Taproot proposal was “nearly ready.”

The proposal moving forward is designed to save 30% to 75% in fee use and accelerate block validation by up to 2.5 times, Square Crypto product manager Steve Lee predicted during a presentation from last summer.

It's a process that has attracted interest and excitement from different quarters of the crypto ecosystem. Recent survey data collected by The Block that indicates that Taproot is high on the list of technological developments being followed.

Last of the V8s
Legendary
*
Offline Offline

Activity: 1344
Merit: 2784


Be a bank


View Profile
January 10, 2020, 09:01:19 PM
Merited by fillippone (1)
 #4

He missed out statechains Tongue
old thread: https://bitcointalk.org/index.php?topic=5153301.0

Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!