Bitcoin Core 28.0 Upgrade Goes Live on Mainnet

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The Bitcoin development team has officially launched Bitcoin Core 28.0, the latest version of the protocol. This new update comes with several enhancements and bug fixes aimed at improving the functionality and security of the Bitcoin network. As with previous versions, Bitcoin Core 28.0 addresses several key areas essential to maintaining the integrity and reliability of the Bitcoin (BTC) mainnet.

Bitcoin Core Upgrade Comes With Lots of Features

One of the major highlights of this release is the focus on security improvements. Bitcoin Core 28.0 includes several bug fixes to strengthen the protocol against potential vulnerabilities. In addition to these security updates, Bitcoin Core 28.0 introduces new privacy features for users. Privacy has always been a top priority for Bitcoin, and this update continues that tradition by improving how transactions are handled.

Bitcoin Core 28.0 now supports reproducible builds. This means experienced users can independently compile binaries identical to those distributed through the official Bitcoin Core website. Interestingly, this is a significant advancement for the open-source community. Therefore, users are encouraged to update to the latest version to take advantage of the newest features and protections.

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Bitcoin, a Unique Safe Haven

Last month, BlackRock, a prominent manager of the largest Spot Bitcoin Exchange-Traded Funds (ETF), released a compelling whitepaper. The paper explores the role of BTC as a unique diversifier in investment portfolios. Also, it emphasizes the potential and risks of Bitcoin. Over the past decade, Bitcoin has outperformed all major asset classes in seven of the last 10 years, showcasing its potential for high returns.

However, in the three years it underperformed, Bitcoin was the worst-performing asset, reflecting its high volatility and risk. Blackrock notes that Bitcoin’s price movements are, in part, a reflection of its evolving potential to be adopted as a global monetary alternative. This evolving status contributed to its unpredictable price swings and presented long-term prospects for widespread adoption.

Bitcoin Price Movement

Renowned crypto analyst PlanB, the creator of the popular Bitcoin Stock-to-Flow (S2F) model, stirred up the crypto world with a bold prediction for Bitcoin’s price trajectory. Meanwhile, Bitcoin is currently trading above the $60,000 level, up by around 0.41% in the past 24 hours. Although the cryptocurrency is still below its all-time high of $73,750, set in March 2024, its market cap of $1.23 trillion continues to solidify its dominance in the crypto space.