Tag Archive: Pieter Wuille

  • Bitcoin, Bitcoin Technology, News, News teaser

    A New Schnorr-Based Multi-Signature Scheme Is Coming

    Cryptocurrency enthusiasts are excitedly anticipating the full implementation of several new technologies and schemes that promise to help address Bitcoin’s scalability problem, such as Segwit, Lightning Network, and Schnorr signatures. Most recently, to enhance the Schnorr signatures algorithm, a group of researchers has introduced a simple multi-signature scheme: MuSig. MuSig Will Reduce Transaction Signatures Bitcoin transactions require signatures, but these signatures take up significant block space. This situation gets worse when multiple addresses are involved

    · January 25, 2018 · 5:30 am
  • segwit Bitcoin, Bitcoin core, Bitcoin Technology, News, News teaser

    SegWit Wallet Support is Coming to Bitcoin Core

    A new pull request will likely see SegWit included in the forthcoming Bitcoin Core version 0.16 release, easing Core node access to the technology. ‘It’s Happening’ Activity from Core’s Github repository confirms the pull request by Core developer Pieter Wuille, which comes as industry and community pressure builds on Bitcoin entities to upgrade systems to handle SegWit. According to a previous release schedule, 0.16.0 is due to complete by May 1, and could now count

    · January 11, 2018 · 4:45 pm
  • Bitcoin, Bitcoin Technology, Blockchain Technology, News, News teaser

    Schnorr Signatures Might Be Bitcoin’s Next Step Forward

    The Schnorr signatures algorithm promises to help to address one of the most pressing problems affecting Bitcoin today: scalability. Additionally, Schnorr signatures could help protect Bitcoin from certain types of spam attacks. Schnorr Signatures Could Solve Bitcoin’s Scalability Problem An array of new technologies and schemes are being proposed that could help address Bitcoin’s scalability problem, such as Segwit, Lightning Network, and Schnorr signatures. For example, many view the Schnorr signatures algorithm as a simple

    · December 29, 2017 · 11:00 pm