Blog Archives

Bitcoin Core update to include “floating fees”

Posted on 8th July, 2014

In an update posted to the Bitcoin Foundation blog yesterday, Chief Scientist Gavin Andresen explained the implementation of the long-rumored “floating” transaction fee system. While previous versions of Bitcoin Core had hard-coded (yet optional) fees to miners for including transactions in blocks, version 0.10 will alter the wallet code to allow high-priority transactions to happen […]

Bitcoin developer Gavin Andresen weighs in on centralized mining and the GHash situation

Posted on 14th June, 2014

Back in May Bitcoin Foundation Chief Scientist told a crowd at the Bitcoin2014: “I still don’t care about mining [except] in the way it affects user experiences.” In the past two months, however, the situation has changed. Writing for the official Bitcoin Foundation blog today, Andresen expressed deep concerns about centralized mining and the impact […]

Gavin Andresen warns of the dangers of rising bitcoin transaction fees

Posted on 16th May, 2014

Chief Scientist of the Bitcoin Foundation and former lead developer on Bitcoin Core Gavin Andresen warned that transaction fees are likely to rise dramatically in coming months unless incentives are provided to miners. Speaking at Bitcoin2014 today in Amsterdam, Andresen said that steps must be taken to either ramp up the speed of block creation […]

Wladimir van der Laan replaces Gavin Andresen as Bitcoin Core Maintainer

Posted on 7th April, 2014

After 18 months as the Chief Scientist of the Bitcoin Foundation, Massachusetts-based developer Gavin Andresen is handing over the reigns to Netherlands-based developer Wladimir van der Laan. In a post on the official Bitcoin Foundation blog published today, Andresen explained that he wasn’t leaving the project, simply stepping back from the lead technical position in […]