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CalTestEN 9 months ago
⛏️BitPenny Mining Pool Shutdown On April 3, 2011, the BitPenny mining pool shut down. The pool operator cited "ongoing losses preventing sustainable development" as the reason for closure. In reality, the issue seemed to stem from a poorly designed miner reward system. image  
CalTestEN 9 months ago
👨‍💻 P2SH Goes Live | April 1, 2012 Bitcoin got smarter at block 173805 — P2SH went live. Instead of locking coins to a single key, it let users send funds to a script hash. The spending rules? Hidden until needed, enabling #multisig wallets and more flexible transactions. Find out more about P2SH and other Bitcoin address types: Bitcoin Wiki:
CalTestEN 9 months ago
💾 Cypherpunks Archives |March 3, 1994 Timothy C. May responds to a Cypherpunks mailing list discussion on digital cash, highlighting double-spending as a critical challenge. He proposes online clearing and blinding protocols as potential solutions, though neither fully resolves the issue. Almost 15 years later, Satoshi Nakamoto shared the Bitcoin whitepaper on the same mailing list, presenting the first complete solution to the double-spending problem. image