This method also known as segregated witness or SegWit proposed by Blockstream co-founder Pieter Wullie in 2015 is yet to gain enough approval. There is a consensus that SegWit is the best solution to this problem if it is accepted; as it will virtually double bitcoin’s capacity. Smart contracts could soon get a boost in bitcoin as prominent programmer Pieter Wuille has unveiled a new coding language designed specifically for their use. Posted to the bitcoin developer mailing list Monday, the ‘Miniscript’ language aims to make it easier for programmers to write up “smart contracts” or conditions for spending ... One of the most bitcoin developers, and co-founder of Blockstream, Pieter Wuille recently unveiled two Bitcoin Improvement Proposals (BIP) which might be the next possible upgrade for the top crypto. The two proposals are distinct yet interconnected, which presents more features on a possible soft fork which combines Schnorr signatures, Taproot and Tapscript. Pieter Wuille, a man easy to acclaim, and someone that generally has the respect of all flavors of bitcoiners, was kind enough to take his time to go through some topics on a most important matter, the scalability of decentralized computer networks. Pieter Wuille, a long-time developer for Bitcoin Core and a co-founder of Blockstream, announced Monday that he has joined Chaincode Labs, a cryptocurrency-focused research and development firm.
[index]          
https://ToneVays.com Events --- Bitcoin: https://unconfiscatable.com/ Finance/Trading/Investing https://thefinancialsummit.com/ How to Use Bitcoin Tech: http... Pieter Wuille: New Address Type for SegWit Addresses - Duration: 52:14. ... 🔴 [LIVE] Bitcoin Halving 2020 news, Altcoin trading, Global Crisis? 『ModelX』 YT 30,561 watching. Chaincode Labs exists to support and develop Bitcoin and other peer-to-peer decentralized systems. Pieter Wuille, Bitcoin Core Developer and Blockstream Co-Founder, spoke about Key Tree Signatures. Bitcoin supports multisig transaction outputs, which require more than a single signature to unlock. www.muchbitcoin.org = Learn more about Bitcoin