Bitcoin Core Launches 22nd Upgrade Targeting More Efficiency

Bitcoin Core recently announced the release of a new upgrade, Bitcoin Core version 22.0. This upgrade introduces some features that will help bolster the efficiency of bitcoin stakeholders. One of the most vital features added in the 22nd upgrade is the taproot support is coming soon. Bitcoin Core Version 22.0 On Monday 13th, Bitcoin Core released a statement announcing their upgrade. Bitcoin Core is the home of bitcoin. Generally, this is the 22nd upgrade since launch in 2009. This is the first…

Bitcoin’s Network Records an Incredible Number of Wallet Addresses Generated in 2021

Recent data suggests that Bitcoin’s network has approximately 88,365,209 addresses. This figure accounts for the period between January and June 2021. So, in the six months, users created almost 488,206 addresses daily. Is Crypto Adoption Now Mainstream? According to the data, June 2021 had the lowest number of addresses created, while January records the highest. Users in January 2021 made 551,132 addresses, while June had 370,269 addresses created daily. The monthly figure equates to 17,085,095 addresses made in January 2021…

Twitter CEO Jack Dorsey Now Runs A Full Bitcoin Node

Twitter CEO and Bitcoin enthusiast Jack Dorsey have set up his bitcoin node to validate the bitcoin network's transactions. Dorsey shared an image on Twitter that showed the node in the synchronization phase alongside the quote "Running #bitcoin."  https://twitter.com/jack/status/1357588751757627393 To complete the synchronization with the Bitcoin blockchain, Dorsey will have to download the chain's entire history. Bitcoin blockchain has a total block size of around 325GB, and synchronization could take weeks to complete depending on the internet speed and computing…

Bitcoin Dapps – Are there any Dapps on the Bitcoin Blockchain?

Dapps or decentralized applications are a part of the whole Smart Contracts ecosystem. When you think about it, the applications you use on your smartphone and computers are just generalized agreements between two parties: I agree to use a product produced by the developer who agrees to satisfy my desire and increase my utility. People realized that since blockchain is on a roll to decentralize everything, why not decentralize applications? And what better way to do that than using smart…