A blockchain researcher has been working on a scaling effort for the unspent transaction output set found in the Bitcoin protocol. According to Tadge Dryja’s recently published description of research, the software engineer is working on a dynamic accumulator called Utreexo. The project could theoretically allow network participants to verify the state of the chain’s consensus rules with smaller sets of cryptographic proof. Also read: Venezuelan BCH Proponents Bolster Cryptocurrency Use Cases and Adoption Utreexo Could Allow Bitcoin Full Nodes on a Mobile Phone Tadge Dryja from MIT and the Digital…
Read MoreLightning Network Co-Creator Is Designing a Scaling Solution Called Utreexo
