CSE1006 Study Guide - Bitcoin Core, Bitcoin, Mit License

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Document Summary

Bitcoin core software is under the mit license the most widespread blockchain software. These are formal proposals for a change to bitcoin protocol. If you have an idea about how to improve bitcoin by making some technical change, you"re encouraged to write up one of these documents. Bitcoin improvement proposal (bip) is a design document for introducing features or information to bitcoin and standard way of communicating ideas since bitcoin has no formal structure. Standards track bips: such types of bips entail making changes to the network protocol, block, or transaction validation method. It also intends to affect the interoperability of the two versions of bips or bitcoin. Informational bips: such types of bips highlight the design issues, general guidelines, and supporting information. Informational bips, as the name suggests, are just for information"s sake and can be taken seriously or ignored by the community. Process bips: these types of bips describe or propose a change in the process.

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