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Proof of Payment explained

I have written two BIPs (Bitcoin Improvement Proposal), BIP120 and BIP121, that specify how a wallet can prove that it has made a payment. This blog post takes a stab at explaining this process. If you want to play with this, install Mycelium on android and go to my...

IBLT part V: Simulating reality

<< Part IV | This is Part V of a multi-part series on Bitcoin block propagation with IBLT. Rusty Russell has dumped mempool data from 4 different nodes around the globe. It covers a week’s worth of data. The purpose of the dumps was to get an idea on how...

IBLT Part IV: Increasing differences

<< Part III | This is Part IV of a multi-part series on Bitcoin block propagation with IBLT. | Part V >> Failure probability will increase when we squeeze more differences into the IBLT. Basically, I want to answer the following question: How will failure...