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Posts Tagged ‘code’

Cryptocurrency Might Be Treated as Treasure Under Russia’s Tax Code

Russia might implement an interesting tax method. Local media reported that the Association of Banks of Russia proposes a tax on cryptocurrency mining that is equivalent to the tax on found properties or treasures. In Russia, Bitcoin Regarded as Treasure While it has been often associated with speculators and criminals, the king of cryptocurrency might…

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Digital Asset Is Writing Code to Help ISDA Standardize Derivatives Data

Enterprise blockchain company Digital Asset is working with the International Swaps and Derivatives Association (ISDA) to develop software meant to ease adoption of the trade group’s potentially cost-slashing data standards. Announced Tuesday night in New York, the reference code library is intended to help developers implement ISDA’s Common Domain Model (CDM) in solutions for trading…

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Blockstream Publishes Schnorr-Based Test Code for Bitcoin Blockchain Upgrade

The Schnorr-based multi-signature scheme MuSig, a test code for a potential upgrade to the Bitcoin (BTC) blockchain, has been released by blockchain tech firm Blockstream, according to an announcement published on Feb. 18. Last January, four Bitcoin developers released a paper outlining how Schnorr multi-signatures (‘multisig’) could help scale the Bitcoin blockchain, saying that the…

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Blockstream Releases Test Code for Proposed Bitcoin Tech Upgrade Schnorr

Schnorr signatures, a code change likely to be one of the biggest coming upgrades to bitcoin, have now gone from a theoretical idea to real code courtesy of technology startup Blockstream. Announced Monday, Blockstream has added a technology known as “MuSig” to its test cryptographic library, making it possible for developers to tinker with the…

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Latest Lightning Code Release Trolls With a ‘Block Size’ Increase

The latest code version for the lightning network – often trumpeted as the future of bitcoin payments – includes a “block size increase.” One of the most active lightning implementations, LND, pushed out its newest “minor” release, version 0.5.2, of its beta code on Wednesday. Though it includes several changes from many contributors, mostly with the goal…

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Ethereum Developers Delay Mining Algorithm Change for Code Audit

Developers contributing to the ethereum protocol are electing to hold off on a decision to submit code that would stifle the advantage of high-powered ASIC miners competing for the network’s rewards. During a public call Friday, which included Hudson Jameson, Lane Rettig, Afri Schodedon, Martin Holst Swende, Danno Ferrin and Greg Colvin, among other notable…

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Ethereum Developers Give ‘Tentative’ Greenlight to ASIC-Blocking Code

Members of ethereum’s open-source development community tentatively agreed Friday to implement a new algorithm that would block specialized mining hardware, or ASICs, pending further testing on the proposed code. If accepted by the network of users that run the ethereum software, the code change, dubbed “ProgPoW,” would block ASICs, such as those made by major…

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Galaxy Digital, Cumberland and More Plan New Crypto Code of Conduct

A group of 10 companies focused on cryptocurrencies and financial services have formed a new group aimed at standardizing a code of conduct for the still-nascent digital asset space. Announced Tuesday, the Association for Digital Market Assets, or ADAM, is backed by founding members Galaxy Digital, Genesis Global Trading, GSR, Hudson River Trading, Paxos, Symbiont, BitOoda Technologies,…

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Fake Developer Sneaks Malicious Code into BitPay’s Copay Wallet

The Copay wallet from U.S.-based bitcoin payments processor BitPay has been compromised by a hacker, the firm says. Bitpay announced Monday that it learned about the issue from a Copay GitHub report indicating that a third-party JavaScript library used by the apps had been modified to load malicious code. The malware was deployed on versions…

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