Ordinals, a new way of using and getting content using Bitcoin, are enabling creators to harness the utility of NFTs (non-fungible tokens) directly from the blockchain, essentially creating native Bitcoin NFTs. This has stirred the pot in some circles, which are now discussing if this is the way in which Bitcoin’s blockchain should be used,…
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Core Bitcoin developer Luke Dashjr has revealed that he has lost almost his entire stash of BTC after his PGP (Pretty Good Privacy) key was compromised just before the new year. In a Sunday tweet, the developer said his PGP key, a common security method that uses two keys to gain access to encrypted information,…
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A Bitcoin OG and core developer Luke Dashjr claims his PGP key was compromised, resulting in virtually all his Bitcoin being stolen from him on Dec. 31. One of the original core developers behind Bitcoin (BTC), Luke Dashjr, claims to have lost “basically” all his BTC as a result of a hack that occurred just…
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During the last few weeks, a number of individuals have been discussing the upcoming release of Bitcoin Core version 24.0 and how the codebase will include full-replace-by-fee (RBF) logic. The discussion has become controversial as a few Lightning Network and zero confirmation advocates have expressed a distaste for the full-RBF idea. The CEO of Synonym,…
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Bitcoin Records Largest Mined Block to Date, 4 MB Block Containing NFT Causes Unease Among Small-Block Supporters
Amid the controversy surrounding the Ordinals project and the debate over what types of data should be stored on the Bitcoin blockchain, the network mined its largest block, nearly 4 MB in size, containing just 63 transactions. One of the transactions was a 3.94 MB Ordinal inscription featuring an image of a wizard, and the…
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