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Bitcoin Core Dev Michael Ford Identifies Four Major Security Improvments in Bitcoin (BTC)

News
Thu, 05/28/2020 - 13:15
Vladislav Sopov
Michael Ford, of Bitcoin Core, published a guest post on the BitMEX crypto derivatives exchange blog. He pointed out four directions of Bitcoin (BTC) security progress
Bitcoin Core Dev Michael Ford Identifies Four Major Security Improvments in Bitcoin (BTC)
Cover image via stock.adobe.com
Contents

A detailed post about four crucial Bitcoin (BTC) security improvements was released on May 28, 2020. It emphasizes the importance of blockchain software testing on multiple platforms.

Four upgrades to the main build

Mr. Ford outlined that work on security in Bitcoin Core isn't only about constant bug disclosing and fixing. For the protocol of the flagship cryptocurrency, the advancement of its main build is inevitable.

According to Mr. Ford, for sophisticated systems like Bitcoin Core:

a well-functioning build system is vitally important. It controls the version, and features of C++ that we can use, our dependencies, and how they are configured, as well as the hardening and security features that are applied to our binaries.

First of all, Mr. Ford re-organized the 'Check Symbols' and 'Check Security' rules. Previously, these functions blocked the security self-checks by the system. Although this bug didn't significantly affect the system, it managed to sit, unnoticed, in the codebase for nearly 4 years.

Then, one of the security techniques of Bitcoin Core, Address Space Layout Randomization (ASLR) was rescheduled in Windows-based releases.

Cross-platform testing is sinequanon

Also, one of the API features looked differently in macOS and BSD systems. Mr. Ford uses this as a textbook example of a subtle build time failure that can have a non-obvious effect elsewhere in the binary.

Finally, new flags were added to Apple command line tools releases.

To conclude, Michael Ford highlighted the importance of cross-platform testing for the proper functioning of complex systems.

When working with such systems, no one should rely only on the documentation, he admitted.

About the author

Blockchain Analyst & Writer with scientific background. 5+ years in IT-analytics, 2+ years in blockchain.

Worked in independent analysis (Crypto Briefing) as well as in start-ups (Swap.online, Monoreto, Attic Lab etc.)

Ethereum (ETH) Market Cap May Become Equal to Bitcoin's (BTC): ConsenSys Director

News
Mon, 07/13/2020 - 14:38
Vladislav Sopov
John Lilic, managing director at ConsenSys decentralized development studio, has shared an over-bullish prediction for Ethereum (ETH) progress
Ethereum (ETH) Market Cap May Become Equal to Bitcoin's (BTC): ConsenSys Director
Cover image via stock.adobe.com
Contents

John Lilic leads international business development in the ConsenSys leading blockchain development studio. He is also an expert in energy markets and cryptocurrency segments. He tracked the progress of Bitcoin's (BTC) and Ethereum's (ETH) market capitalization statistics, coming up with an extravagant prediction.

Bitcoin (BTC) should get ready for parity

Mr. Lilic outlined that Ethereum (ETH) is showcasing much healthier dynamics than its competitor is. For instance, the flagship cryptocurrency still surpasses Ethereum (ETH) by 6.3x in terms of market capitalization, while simultaneously collecting 20% fewer fees than Ethereum (ETH).

John Lilic of ConSensys foresees parity of Bitcoin (BTC) and Ethereum (ETH) market capitalizations
Image via Twitter

Also, Ethereum (ETH) is demonstrating much more impressive price dynamics this year. It gained almost 37% against Bitcoin (BTC) in 2020. That said, Ethereum (ETH) looks severely undervalued to the top manager of ConsenSys.

However, Ether is on the path to eliminating this discrepancy. Eventually, the top two cryptocurrencies may reach market capitalization parity, concludes Mr. Lilic.

Related Bitcoin (BTC) and Ethereum Have (ETH) Recovered From Black Thursday, Who Else? Coinmetrics Explains
Related
Bitcoin (BTC) and Ethereum Have (ETH) Recovered From Black Thursday, Who Else? Coinmetrics Explains

As covered by U.Today Crypto News recently, Coinmetrics on-chain research team called Bitcoin (BTC) and Ethereum (ETH) the unique crypto behemoths that have managed to recover from Black Thursday.

Bitcoin (BTC) is losing supremacy in "fee race"

Should Ethereum (ETH) overcome its undervaluation, its price may be over $1,550 based on liquid supply and current Bitcoin (BTC) market capitalization.

Recently, it was unveiled that Ethereum (ETH) blockchain continues to surpass Bitcoin (BTC) in terms of network fees for more than 30 days in a row. Ethereum (ETH) is seeing this advantage for the first time in its history.

As U.Today Crypto News reported previously, ex-Messari analyst and angel investor Qiao Wang identifies two main catalysts of Ethereum's (ETH) price run in the mid-term perspective.

Related Ethereum (ETH) Price Two Bullish Signals, According to Investor Qiao Wang
Related
Ethereum (ETH) Price Two Bullish Signals, According to Investor Qiao Wang

According to Wang, the upcoming rally may be fueled by a long-awaited transition to Proof of Stake and fixing the monetary policy of Ether token.

About the author

Blockchain Analyst & Writer with scientific background. 5+ years in IT-analytics, 2+ years in blockchain.

Worked in independent analysis (Crypto Briefing) as well as in start-ups (Swap.online, Monoreto, Attic Lab etc.)