Skip to content

Update: Bitcoin Improvement Proposals (BIPS) #73

New issue

Have a question about this project? Sign up for a free GitHub account to open an issue and contact its maintainers and the community.

Sign up for GitHub

By clicking “Sign up for GitHub”, you agree to our terms of service and privacy statement. We’ll occasionally send you account related emails.

Already on GitHub? Sign in to your account

Open
KenMan79 wants to merge 1 commit into
base: master
Choose a base branch
from
Open

Update: Bitcoin Improvement Proposals (BIPS) #73

Changes from all commits
Commits
Show all changes
1 commit
Select commit
File filter

Filter by extension

Filter by extension
Conversations
Failed to load comments.
Loading
Jump to
Jump to file
Failed to load files.
Loading
Diff view
Diff view
3 changes: 2 additions & 1 deletion content/glossary/_index.md
View file
Open in desktop
Original file line number Diff line number Diff line change
Expand Up @@ -84,7 +84,8 @@ There are two main types of automated market makers. One may be governed and set
| ⚠️ | Bitcoin | An immutable and trustless ledger made up of a decentralized network of nodes to manage and issue a global digital currency that mimics gold's property of scarcity via a hard limit of 21 million coins. Explicitly it is used as a store of value by mimicking the properties of money. It is the first successful attempt at issuing decentralized currency, non-fiat, non-state actor currency which solves the double-spend problem.|
| 👷 | Bitcoin core | Bitcoin Core consists of both “full-node” software for fully validating the blockchain as well as a bitcoin wallet. Bitcoin Core is programmed to decide which blockchain contains a valid transaction. Users of Bitcoin Core only accept transactions for that blockchain, making it the Bitcoin blockchain that everyone else to use. The open-source project maintains and releases Bitcoin client software called “Bitcoin Core”; which is the descendant of the original Bitcoin software client by Satoshi Nakamoto after publishing the Bitcoin whitepaper. |
| ⚠️ | Bitcoin dominance | TBD |
| ⚠️ | Bitcoin Improvement Proposals (BIPS) | TBD |
| 👷 | Bitcoin Improvement Proposals (BIPS) | The BIP process was developed and introduced by early Bitcoin developer Amir Taaki who believed that the Bitcoin development process would benefit from becoming more structured and accountable.
Taaki submitted the first BIP (BIP 0001) on August 19, 2011, which described the BIP process. A Bitcoin Improvement Proposal (BIP) is a standard for proposing changes to the Bitcoin protocol or source for information for the Bitcoin community. It can also include changes like soft, and hard fork protocol upgrades as well as other changes that benefit from coordination across different Bitcoin software implementations, such as to the peer-to-peer layer or new backup seed formats. Not all changes to a Bitcoin software implementation affect the Bitcoin protocol some changes however make the code run more efficient or change the user interface, and these changes do not require a BIP. |
| ⚠️ | Blockchain | TBD |
| ⚠️ | Block explorer | TBD |
| ⚠️ | Block Header | TBD |
Expand Down