As with many design decisions for the original Bitcoin protocol, the answer is simply “because it seemed like a good idea to Satoshi”. The raw transaction format includes both variable-length numbers (called “CompactSize”, used for input and output counts and script sizes) and fixed-length numbers, both 4-byte (version, sequence, prevout index, locktime) and 8-byte (output amount), so in this sense the version field doesn’t really stand out. Also note blocks too have a 4-byte version field.
Key TakeawaysBlockstream paused the Liquid network layer two (L2) after roughly 4,000 BTC, worth $320 million, was withdrawn by so-called...
Key TakeawaysBitcoin hit a 3-month high over $82,200 on Sept 3, driving total crypto market cap to a peak of...
The Liquid Network said Sunday that purported white-hat hackers withdrew about 4,000 bitcoin, worth about $320 million, from the federation...
Key TakeawaysA 2016 Bitcoin wallet shifted 1,260.77 BTC, now worth over $100 million.Casascius holders redeemed nearly 75 physical 1 BTC...
Key TakeawaysLiquid’s peg fell from roughly 4,200 BTC to 207 BTC after nearly 4,000 BTC moved.Blockstream faces questions as the...
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