Segwit
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During the MIT Bitcoin Expo, Bitcoin Core developer Sjors Provoost shared details about how one of the most important projects in the crypto ecosystem operates internally: Bitcoin Core.
Provoost, who is trained as a physicist, began collaborating on the code in 2017, during the heated debate over block size and the activation of #SegWit
In addition to being a programmer, he is the author of the book "Bitcoin: A Work In Progress" and co-host of the podcast "Bitcoin, Explained."
In the talk, he discussed how the project is organized, the dynamics of teamwork, and the technical and community challenges faced by those who decide to contribute. An honest look from within the heart of Bitcoin.
Provoost, who is trained as a physicist, began collaborating on the code in 2017, during the heated debate over block size and the activation of #SegWit
In addition to being a programmer, he is the author of the book "Bitcoin: A Work In Progress" and co-host of the podcast "Bitcoin, Explained."
In the talk, he discussed how the project is organized, the dynamics of teamwork, and the technical and community challenges faced by those who decide to contribute. An honest look from within the heart of Bitcoin.
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BTC (Bitcoin) behind the scenes of digital gold.
#bitcoin the first and most famous cryptocurrency, operates on the basis of a revolutionary protocol that combines cryptography, decentralization, and economic incentives. At its heart lies the algorithm #Proof-of-Work (Pow), which ensures consensus in the network.
▫️#POW Bitcoin uses the SHA-256d hashing function, which transforms any data into a unique string of financial length. Miners, participants in the network, compete to solve complex mathematical problems to find a hash that meets certain criteria. The first to find the correct hash adds a new block of transactions to the blockchain and receives a reward in the form of new bitcoins.
▫️#POW Bitcoin uses the SHA-256d hashing function, which transforms any data into a unique string of financial length. Miners, participants in the network, compete to solve complex mathematical problems to find a hash that meets certain criteria. The first to find the correct hash adds a new block of transactions to the blockchain and receives a reward in the form of new bitcoins.
📅 March 27, 2025
🔥 ARI Wallet Quiz of the Day! 🔥
💡 Question: Which BIP (Bitcoin Improvement Proposal) number introduced SegWit in Bitcoin? 🤔
🔘 a) BIP32
🔘 b) BIP141 ✅
🔘 c) BIP39
💰 Correct Answer: BIP141 introduced Segregated Witness (SegWit), enhancing Bitcoin’s scalability, reducing transaction fees, and solving transaction malleability issues! 🚀
📲 Play daily on ARI Wallet and earn ARI coins! 💎
💭 Did you get it right? Let us know in the comments! 👇
#ARIWallet #CryptoQuiz #SegWit #Bitcoin #BSCProjectSpotlight
🔥 ARI Wallet Quiz of the Day! 🔥
💡 Question: Which BIP (Bitcoin Improvement Proposal) number introduced SegWit in Bitcoin? 🤔
🔘 a) BIP32
🔘 b) BIP141 ✅
🔘 c) BIP39
💰 Correct Answer: BIP141 introduced Segregated Witness (SegWit), enhancing Bitcoin’s scalability, reducing transaction fees, and solving transaction malleability issues! 🚀
📲 Play daily on ARI Wallet and earn ARI coins! 💎
💭 Did you get it right? Let us know in the comments! 👇
#ARIWallet #CryptoQuiz #SegWit #Bitcoin #BSCProjectSpotlight
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