Hal Finney’s proposal to reduce miner's CPU usage to be enabled in Bitcoin Core

posted 4 months ago
Today, a patent involving the acceleration of cryptographic operations expired. It can now be activated in Bitcoin Core in order to improve the speed and efficiency of Bitcoin’s signature verification. In his bitcointalk.org post on February 8th, 2011, Hal Finney, the first person to receive a Bitcoin transaction from Satoshi Nakamoto. shared that he had been inspired to experiment with this technique after reading the Guide to Elliptic Curve Cryptography. His initial tests were promising, revealing an estimated 25% increase in the optimization of signature verification.

With the patent expiring, Bitcoin developers will now move quickly to enable the feature. “Once you've caught up to the tip, nodes need to verify every new transaction and block that comes in. All of that will see a direct reduction in CPU usage” Pieter Wuille of Chaincode Labs said.
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