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SOLVING THE PRICE ORACLE PROBLEM

UTXORACLE: A DECENTRALIZED APPROACH TO THE ORACLE PROBLEM

BY DANIEL HINTON AND STEVE JEFFRESS

What's worst than relying on a centralized exchange for BTC price? NOTHING! OTXORACLE fixes this. The UTXOracle model is a new way to bring data feeds onto the Bitcoin blockchain, which could enable new use cases such as stablecoins and decentralized financial applications. The model works by using unspent transaction outputs (UTXOs) to represent data points. This allows for a trustless and tamper-proof way to store and access data on the Bitcoin blockchain.

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LEGENDARY HAL

RARE VIDEO SURFACES OF BITCOIN PIONEER HAL FINNEY SPEECH AT CRYPTO CONFERENCE

BY REED MACDONALD

A rare video of Bitcoin pioneer Hal Finney has surfaced, shedding light on his groundbreaking work on cryptographic protocols and giving a rare glimpse of his humanity. The video shows Finney giving a speech at a crypto conference in 2013, where he discusses his early involvement with Bitcoin and his vision for the future of the cryptocurrency. Finney passed away in 2014 from complications with ALS, but his legacy continues to inspire the Bitcoin community today.

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SHINOBI'S STRAWMAN

READERS REACT TO DRIVECHAIN INCENTIVE CONCERNS

BY SHINOBI

Shinobi is going to get to the bottom of this whether you like it or not. Bitcoin Magazine readers have expressed concerns about the security and incentive structure of Drivechain, a proposed sidechain solution. Some readers worry that Drivechain could be looted by a 51% attack on the Bitcoin mainchain, while others believe that it would make Bitcoin more susceptible to state capture.

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