Capitalizations Index – B ∞/21M
We join Andreas for a wide ranging talk given earlier this year in Cologne, Germany
Cellphones: from status symbols to tool of working class
Banking: from a privilege to a tool for anyone, anywhere
bitcoin’s neutrality and censorship-resistance
The implications of immutability
Transactions in emojis
…and more!
Lud Pay Wallet Officially Launched its Premiere Globally. Lud Pay Wallet also has strict controls on application security and user experience. In the Lud Pay Wallet app, the creation of decentralized wallets and centralized wallets […]
After a development process and even more debate and political struggle, finally on the bitcoin network last week. The protocol upgrade introduced a number of benefits which can enable more advanced second-layer protocols. It also offers a block size limit increase for wallets that utilize the new feature, meaning users can enjoy lower fees and faster confirmation times.
One week in, Segregated Witness has been implemented in several wallets, though overall adoption is off to a bit of a slow start. While many wallets and services prior to the activation that they would be ready for the upgrade, many are taking a bit of a conservative approach when it comes to main-net release, while others have since faced unrelated difficulties that demanded their attention.
So far, hardware wallets are among the first to have jumped on the new opportunity. Both and have fully implemented and enabled Segregated Witness. This is not very surprising: Hardware wallets stand to from SegWit more than most wallets, as it helps to significantly speedup the signing process.
“But we mostly implemented Segregated Witness to help the network first,” Ledger CTO Nicolas Bacca told bitcoin Magazine. “The more Segregated Witness transactions are used, the more space there is for everybody. In a way we’re also doing our part to disarm the 2x part of the SegWit2x hard fork.”
Another hardware wallet provider,, also implemented Segregated Witness in its firmware, cofounder and bitcoin Core contributor Jonas Schnelli told bitcoin Magazine, but it still requires a compatible desktop app to utilize the feature. This is a work in progress.
Full node wallets like bitcoin Core are also in the process of implementing Segregated Witness. But bitcoin Core developers decided to not include the feature straight away in order to avoid edge-case attacks that become harder to execute as time passes. bitcoin Core will instead release a new version of the software, 0.15.1; this could take another month or two before it’s available.
As for regular wallets, it seems that’s could well be the first to offer the feature.
“It’s days away,” GreenAddress developer Lawrence Nahum told bitcoin Magazine. “We were ready a while back; however, during testing we found that fees were a bit higher in one of our wallets. That’s because some software libraries available now weren’t available when we implemented SegWit. At this point it’s mostly a matter of more testing.”
Most other wallets are also in various stages of implementing the feature, but for various reasons haven’t gotten to the point of release quite yet. In some cases, like and, this had to do with the prioritization of integrating bitcoin Cash into their service; the new cryptocurrency launched unexpectedly only a couple of weeks ago. Similarly, told bitcoin Magazine it has been implementing new features which diverted some time and attention away from SegWit.
Other popular wallets, including (also known as Schildbach’s bitcoin Wallet), , , , as well as webwallet confirmed that they are implementing SegWit, and all told bitcoin Magazine that they expect this should be available soon — though none gave a specific timeframe for it.
The post .
The development team behind , a leading decentralized mobile messaging browser for Ethereum, has created a tool to promote community-driven software development.
[Note: This is a press release]
Status announced the first alpha release of in a recent describing the tool as a GitHub bounty bot that enables token holders to incentivize “pull request” submissions by securing ETH or any ERC20-compatible token to open issues in GitHub. CommitETH will aim to incentivize developer involvement while increasing token-holder control and offering a greater utility to app tokens.
CommitETH seeks to play a pivotal role in the evolution of governance protocols and decision-making processes of blockchain powered decentralized business models. Commit ETH will enable the holders of ETH and later ERC-20 tokens, to directly invest their holdings into the development of new features, the priority of bug fixes and the implementation of integrations with other decentralized applications.
CommitETH is a bot that scans for issues within any open source project, regardless of the type of blockchain used. Once the issue has been identified a multi-signature wallet is deployed to the specific network assigning CommitETH and the project maintainer as signatories.
Status Co-founder, Jarrad Hope, said:
For us, CommitETH is a path not only towards community driven development of Status itself, but also a way we can help foster the movement for open source in general – both of these things are really exciting for us. It’s also important to us that CommitETH becomes fully decentralized, and we’ll be working towards this in the coming months.
At present only supports Ether but incoming implementational changes to support ERC 20 friendly tokens will allow holders the freedom of staking their preferred tokens to issues of any project they choose. Status CommitETH release represents for them the first step towards a decentralized organizational structure that will democratize further development models that will contribute to the evolution of Ethereum based platforms and DAPPS.
Images Courtesy of Status, CommitETH, AdobeStock
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