«I am also watching with interest the debate within the Bitcoin community
about the block size limit.
As the spirited debate
about the block size increase and the best ways to switch continues, it is clear that there is a need to lead the important industry - wide discussion, bringing all involved parties together, opening the lines of communications, and providing the venue for all points of view to be heard.
This is why there is so much misinformation (labeling bitcoin as «a failure») being written now
about the block size debate.
If [there is] one team that [is] not listening to the users, it's the Core developers who have utterly refused to do anything
about the block size limit for years.»
The infighting between the Core and miners is less
about block size, but more about who gets control of the Bitcoin brand and momentum.
The move to develop the technology finds Purse pitching its implementation - one that is today an alternative to versions by Bitcoin Core and Bitcoin Unlimited - as a third option in the scaling debate that would bring
about a block size increase and malleability fix via soft fork, or a change that doesn't risk splitting the bitcoin blockchain.
For over a year, members of the bitcoin development community, users and business interests have engaged in a wide and often bitter debate
about the block size.
Not exact matches
Bitcoin has been pushed to the verge of this split by a years - long debate
about what's known as
block size.
This
block size limit debate is all
about altering current performance constraints, and the tactics for minimising disruption during any revision.
Bitcoin XT is
about more than the
block size.
Others, like faculty member at the University of Nicosia, George Papageorgiou, are optimistic
about bitcoin's future and see the
block size debate as a healthy ongoing conversation, as bitter as it has been.
There's also an argument
about a perceived over-centralization of the technology within the
block size debate.
Preston: [00:23:24] So I hope you guys enjoy the discussion with the discussion for the masterminds going to pick up talking
about this 2X upgrade that's
about to happen in November where they're trying to increase the
block size even though this Segwit thing has already happened that it's already alleviated a lot of the pressure for the transactions being fit into the
block.
However, in the ongoing AMA, hosted by Bitcoin.com, Shrem opened up
about a range of topics including the ongoing debate over bitcoin's
block size, adjusting to prison life and why he believes the transparent nature of the bitcoin blockchain will lead to more repressive government regulation.
The stroller is super-lightweight and easy to fold while being the perfect
size to walk down crowded city
blocks without having to worry
about how much real estate you're taking up.
Also, with electorate nearly equally split over a majority of important issues, the
size of the body matters slightly less, but a larger body is more likely to allow passing more laws since you can always trade votes between
blocks on random laws that a given
block cares less
about (e.g. I'll vote for your farm bill if you vote for my factory bill).
«It's not
about the
size of projects, but
about projects that are further building
blocks.»
Almost immediately, small charges detonated and ejected two
blocks of tungsten — each
about the
size of a laptop, and weighing 75 kilograms.
I've been working now there for quarter of a century and Northern Tibet now has a
block of countryside that's
about 250,000 square miles — that's
about the
size of Texas — which has a legal protection.
Each dust particle is only
about 0.1 micrometer across (roughly the
size of particles in cigarette smoke), but lots of them
block the 27,000 light - years between Earth and the galaxy's center.
They also weren't sure
about the exact
size of the star, which must be known before they can calculate the
sizes of the transiting planets from the amount of starlight they
block.
During its transit, «55 Cancri e» crosses the star and
blocks a small fraction of its starlight, dimming the star by 0.05 percent for nearly two hours, helping scientists determine that the planet is
about twice the
size of Earth, or 16,000 miles in diameter.
Even a Jupiter -
sized planet only
blocks roughly 1 percent of this kind of star's light, and that's
about as big as a planet gets.
Also, in case anyone else was disappointed
about Nordstrom running out of the pre-sale Sole Society Savannah
block heeled sandals in smaller
sizes so fast (my
size 5 disappeared in a flash!)
PSX
blocks are
about the same
size as the GameCube's
blocks.
very helpful over all, particularly the
blocking out detail and the tip
about using the span of the hand for the
size of the face.
Looking at my photographs from the exhibition reminds me that there was a room of carved stone
blocks,
about three feet in any direction, with voids of various
sizes in their centers, so that as you peered in you didn't know just how deep or shallow the negative space was.
Caesar finally sent it to an industrial mill in Los Angeles, where technicians used a heavy duty band - saw to slice it into smaller sections, including a 4 - by -2-foot
block, dozens of 7 - foot - long strips, hundreds of 8 - inch bricks and more than 75 page -
size slices, each of which is
about 1/4 - inch thick.
You can learn more
about the technical details below, but the crux of the fight is over whether to double the
size of bitcoin
blocks.
Payment channels such as those proposed by the Lightning Network are one strand of the debate over scaling bitcoin which, although it often takes the form of arguments over
block size, is ultimately
about the volume of transactions the network can handle in a given length of time.
The proposed soft fork replaces Bitcoin's
block size limit with a
block «weight» limit, which offers an effective
block size limit increase of
about 0.7 to 1.0 megabyte, depending on the types of transactions included in a
block.
While Segregated Witness received a lot of attention in light of the
block size dispute, many developers are particularly excited
about the improvements to the Bitcoin protocol that don't concern the
block size limit directly.
If activated, SegWit offers a number of benefits, one of which is an effective
block size limit increase to
about 1.6 to 2 megabytes, depending on the types of transactions included in
blocks.
Chris and Junseth have a showdown of sorts with Ver
about the Bitcoin
block size, the most contentious topic in Bitcoin at the moment.
said he is still worried
about a hard fork due to some larger
block size limit supporters who seem willing to «fork Bitcoin at all costs.»
Bitseed co-founder John Light recently published a post on the Let's Talk Bitcoin blog
about what's at stake in the Bitcoin
block size debate.
While this has received a lot of attention in context of the
block size dispute, many developers are actually more excited
about the other improvements to the Bitcoin protocol offered by the innovative solution.
Those building pegged off - chain or sidechain systems needn't worry
about on - chain limitations, as Monero's dynamic
block size algorithm grows and shrinks the
block size limit based on the on - chain demand.
The
block size debate, also known as the scaling debate, is an argument
about the
size of the
blocks on the bitcoin blockchain (and
about the way those
blocks should scale to accommodate more use).
After an ongoing disagreement
about the best way to scale the
block size, the blockchain underwent a hard fork.
If you've been wondering
about why Bitcoin transactions have been slowing down lately, that's because it is reaching its limit in terms of
block size.
The Bitcoin
block size debate
about how the Bitcoin network can support increased transactions without compromising the original values of decentralization and democratic control, has dominated forums, chat rooms and social media for months now.
This more than any other indicator suggests that there is inherent stability in the Bitcoin ecosystem, and many Bitcoin traders don't seem particularly worried
about the ongoing
block size debate.
One of the major problems
about Segregated Witness, however, may be the lack of communication and its inability to solve the political problem of «fixing the
block size issue».
«
Block size was never really the issue; that was never really what people were arguing
about.
That's the main reason for the current — and heated — discussions
about raising the
block size.
When asked
about an activation threshold for a hard fork, Ver seemed to distance himself from the idea of increasing the
block size limit without a large amount of support signaled by miners on the network.
Elsewhere, Todd was vocal
about wanting to keep the bitcoin
block size at 1 MB.
«There is a spirited discussion currently happening
about increasing the
block size.
If during the
block size limit debate you've found yourself wondering why so many are concerned
about how the
block size limit affects the decentralization of the Bitcoin network, this post is for you.