Chainside Launches Segwit-Compliant Python 3 Bitcoin Library ‘BTCpy’

Introducing BTCpy – a New Python 3 Segwit Compliant Bitcoin Library


‘Tools Like BTCpy to Abstract Complexity Are Needed’
Bronzini says that during the scaling debate some proponents prefer to keep Bitcoin software simple but solutions like Segwit and Lightning Network can be complicated processes. “We believe that for the long term success of Bitcoin the best technical solution is always preferable, but tools like BTCpy to abstract its complexity are needed,” Bronzini’s announcement details. Further the startup says while others keep libraries like this private for company use only Chainside felt the best thing to do was to release the codebase to the open source community. The codebase and protocol instructions can be found here on Github and the software is in its very early stages. Presently it is highly discouraged to use it in a production environment explains Chainside. Chainside still has to add support for Segwit addresses (BIP173), deploy caching to segwit digest computation to avoid quadratic hashing, and many other improvements mentioned in the team’s roadmap. What do you think about BTCpy? Do you think libraries like this one is helpful for development? Let us know in the comments below.Images via Shutterstock, and Chainside.
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