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CATEGORY: bitcoin development


Sep 27, 2024 01:25

Arthur Hayes's Family Office Funds Another Bitcoin Core Developer

Arthur Hayes's family office Maelstrom awarded Bitcoin developer Jon Atack a 1-year grant to work full-time on Bitcoin Core and BIPs. The no-strings funding aims to strengthen Bitcoin's open source ecosystem.

Sep 26, 2024 01:25

Brink Donates Over $1 Million To Bitcoin Developers Last Year

Non-profit organisation, Brink published its annual report, detailing over $1 million in donations to open source developers in 2023. The report highlighted achievements from Brink-sponsored contributors improving Bitcoin's protocol.

Jul 27, 2023 06:05

The Human Rights Foundation Announces 20 BTC Bounty Challenge For Bitcoin Development

The HRF Bitcoin Bounty Challenge, with a 20 BTC total reward pool, has officially launched, with a focus on transactional privacy and Bitcoin self-sovereignty development.

Feb 21, 2023 06:05

HRF Donates 2 Billion Satoshis To 10 Global Bitcoin Projects

Various projects supporting censorship resistance and Bitcoin education have received funding from the HRF.

Nov 29, 2022 01:25

Bitcoin Core 24.0 Released: Here’s What’s New

The latest version of Bitcoin’s original software client brings improvements on usability, privacy and security. Here’s all you need to know.

Sep 30, 2022 06:05

MicroStrategy Looks To Hire Bitcoin Engineer For Building Lightning Platform

The job posting details an enterprise SaaS platform to innovate ecommerce and cybersecurity leveraging Bitcoin and the Lightning Network.

Sep 06, 2022 06:05

Human Rights Foundation Donates $325,000 In BTC For Bitcoin Development

HRF made eight donations in BTC to further censorship-resistance, open-source solutions, Bitcoin Core development and other initiatives in the ecosystem.

Apr 26, 2022 01:30

Bitcoin Core 23.0 Released: What’s New

The newest version of Bitcoin’s original software launched by Satoshi Nakamoto in 2009 brings improvements on privacy, security and user experience.

Spiral BTC Releases Lightning Development Kit. Jack Dorsey’s Puppet Promotes It

Author: Eduardo Próspero
United Kingdom
Dec 07, 2021 04:55

Spiral BTC Releases Lightning Development Kit. Jack Dorsey’s Puppet Promotes It

The Lightning Development Kit is Spiral BTC’s latest offering to the community. And to the world. The LDK is “The simplest way to integrate Lightning into your Bitcoin wallet.” It’s free to use and it contains building blocks that anyone can merge with their product or application. The big news, however, is Jack Dorsey’s puppet. The company released this video to promote the Lightning Development Kit’s release. Is it hilarious or cringe? Opinions vary. One thing’s for sure, however, it captured the masses’ attention and got eyeballs on the Lightning Development Kit project. So, it definitely worked as a marketing tool and the Bitcoin community should cherish it. Even though the Spiral team says that the main layer is too slow, “sucks,” and it’s “painful to use.” Nothing could be further from the truth, layer one does perfectly what it needs to do. If you want speed and ease of use, just go up to layer two. That’s where the LDK lives. Related Reading | Jack Dorsey: Square Could Build Bitcoin Mining System What’s The Lightning Development Kit? The project’s documentation defines it as: “Lightning Development Kit (LDK) is a generic library which allows you to build a Lightning node without needing to worry about getting all of the Lightning state machine, routing, and on-chain punishment code (and other chain interactions) exactly correct. LDK tends to be suitable for use cases where a degree of customization is desired, e.g. your own chain sync, your own key management and/or your own storage/backup logic.” On the Lightning Development Kit’s introductory page, they promise the product was “designed from the ground up to be easily customized to your application needs.” Also, it’s “as lightweight as you need it to be and optimized to run on all embedded devices such as mobile phones, IoT devices, PoS terminals and more.” Plus, and this is very important, the use the Muun approach and help you create a single wallet experience. What does this mean? “No need to create separate Bitcoin & Lightning wallets, forcing users to backup an additional recovery phrase. Instead, we let you define your own wallet and create one unified experience.” What’s Spiral BTC And What Else Do They Do? The company used to be called Square Crypto. When Jack Dorsey abandoned Twitter to focus on other ventures, it change its name to Spiral BTC. The aim was to convey better what their mission is all about. “Bitcoin is the best money. It should be used like it. We build and fund free, open-source projects aimed at making bitcoin the planet’s preferred currency.” When all of this happened, our sister site Bitcoinist gave us the 411: “The year is almost at its close and as such companies have begun to make plans for the coming year. For Spiral, the year 2022 will be a year of expansion as it will be working on a number of projects in the new year. To do this, Spiral (formerly Square Crypto) plans to double the number of full-time developers in the coming year. Some of the projects the devs will be working on include the Lightning Development Kit (LDK), the Bitcoin Development Kit (BDK), the grant program, and the Bitcoin Design Guide and Community.“ That’s right, they sponsor the fantastic Bitcoin Design Guide and already released a Bitcoin Development Kit for those who wish to build on layer one. They also give grants to Bitcoin developers, designers, and great projects like BTCPay Server, Lightning Signer, The Eye of Satoshi, and the widely used Mempool.  BTC price chart for 12/07/2021 on Gemini | Source: BTC/USD on TradingView.com Other Jack-Dorsey-Led Bitcoin Projects As soon as the rumor of Jack Dorsey leaving Twitter hit… well… Twitter, Bitcoinist ran a piece that praised his contributions to the space and speculated on what he would do next: “The allegedly soon-to-be former Twitter CEO is perhaps best compared to Hal Finney in terms of the positive impact he has had on the cryptocurrency ecosystem. Both of have famously tweeted about “Running Bitcoin,” and both are now names nearly as synonymous with the top ranked crypto asset as Satoshi Nakamoto themselves. Finney’s legacy has sadly ended, but could Dorsey’s truly just be at the very beginning in terms of what the business entrepreneur could bring to the overall Bitcoin ecosystem?” Related Reading | Is Hyperinflation Inevitable? Jack Dorsey Says It’ll “Change Everything” Before that, Jack Dorsey’s other Bitcoin-focused company, TBD announced its first big project. The tbDEX will be a decentralized exchange and liquidity protocol. When the company released the whitepaper, NewsBTC reported on it and described the project as: “The tbDEX aims “to build bridges between the fiat and cryptocurrency worlds,” that much is clear. We still live in a Fiat world and, if Bitcoin is going to succeed, we need new, simpler, and cheaper ways to interact with said world. “There are serious challenges to realizing this vision. Fiat rails are regulated, and no interface with either the traditional monetary system or “real world” can be completely trustless.” At the Bitcoin 2021 Conference, Jack Dorsey said “Bitcoin changes absolutely everything. I don’t think there is anything more important in my lifetime to work on”. And now, he’s laser-focused on it. Things are moving fast since he left Twitter. It wouldn’t surprise us if the tbDEX releases a working version soon. They didn’t announce any timeline, though. Only one thing’s for sure. When the decentralized exchange is ready for the world to see, TBD should use Jack Dorsey’s puppet to promote it. Feature Image: Screenshot from the promotional video | Charts by TradingView

Feb 29, 2024 01:25

The Sabotage of Bitcoin

How would you go about sabotaging Bitcoin if you were a government agent?

Jun 14, 2023 06:05

Jack Dorsey’s #startsmall Pledges $5 Million Over 5 Years To Bitcoin Nonprofit Brink

The funding will provide a steady foundation for Brink to continue its mission of supporting Bitcoin development.

Feb 01, 2024 04:59

Don't Break Userspace!

Linus Torvald's philosophy of Linux kernel development is governed by one core principle, "Don't break userspace." How does this philosophy map to development of the Bitcoin protocol?

May 04, 2023 10:35

Bitcoin Focused Non-Profit OpenSats Receives $10 Million From Jack Dorsey’s #Startsmall Initiative

The funding will aid OpenSats in its mission of supporting open-source development focused on Bitcoin, Nostr and related tech. OpenSats, a non-profit organization that supports the development of free and open-source software and projects focusing on Bitcoin, Nostr and related technologies, has received $10 million in funding from Jack Dorsey’s philanthropic initiative, #startsmall. The donation [...]

The post Bitcoin Focused Non-Profit OpenSats Receives $10 Million From Jack Dorsey’s #Startsmall Initiative appeared first on Crypto Breaking News.

Apr 03, 2023 10:30

Fundraiser For Open-Source Bitcoin Development Seeks To Immortalize Classic Bitcoin Writing On Vinyl

“Everyone’s A Scammer” in vinyl form seeks to help support Bitcoin and Lightning open-source development. In a partnership with Voltage, podcaster Guy Swann and longtime Bitcoiner Michael Goldstein have launched a crowdfunding page to raise money for open-source Bitcoin and Lightning development by selling a vinyl of the historic Bitcoin article “Everyone’s A Scammer.” The [...]

The post Fundraiser For Open-Source Bitcoin Development Seeks To Immortalize Classic Bitcoin Writing On Vinyl appeared first on Crypto Breaking News.

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