According to Decrypt on May 6, Bitcoin developers have been very busy in the weeks before the halving. In April alone, Bitcoin Core had 510 code submissions, which is more than any other month since the birth of Bitcoin. A code commit is when the code is uploaded to Github, a popular website for hosting open-source coding projects, where the Bitcoin code is hosted. According to statistics, only April 2018, October and November 2019 had a similar number of submissions to April this year, when there were more than 400 submissions per month. Bitcoin Core is the most commonly used software for running the Bitcoin blockchain. Known as the standard for the Bitcoin blockchain, Bitcoin Core was released by Bitcoin creator Satoshi Nakamoto and is still used today. Bitcoin Core is partly funded by MIT's Digital Currency Initiative. Although some developers work full-time, almost any developer with relevant experience can get involved. According to GitGitLog, more than 800 people have contributed to Bitcoin Core. It is not clear why there were so many code commits in April. A user named "Amichateur" believes that this may be due to the need for people to be isolated during the coronavirus, saying: This way programmers can focus more on their work. Another reason is that developers are busy preparing their code for the upcoming Bitcoin halving, which cuts the block reward miners receive after validating new blocks on the Bitcoin blockchain in half. Halvings are hard-coded into the Bitcoin protocol and occur on average every four years. The third halving is scheduled for next Tuesday. However, in the first five days of May, the rate of Bitcoin code commits slowed down; so far this month, there have been only 10 commits. Perhaps developers are focusing on the halving. In March, the code for Bitcoin Core was made public on the dark web. This is to make the development of Bitcoin uncensorable. Bitcoin is a decentralized currency, which has also raised concerns that it could be used for money laundering and terrorist financing. Therefore, governments can prevent their citizens from maintaining the Bitcoin codebase. But considering that developers are busier than ever now, it seems difficult for governments to stop them. This article is translated with permission from DecryptMedia.com. Link to this article: https://www.8btc.com/article/591956 |
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