Sentences with phrase «big block supporters»

Nevertheless, Bitcoin fees have never been lower, which has significantly undermined the narrative of big block supporters in recent months while Bitcoin's nascent Lightning Network is already delivering instant and even cheaper transactions.

On March 22, BitMEX Research published a follow - up article to its September 2017 analysis on Segregated Witness (SegWit) transactions compared to Bitcoin Cash, and the results aren't good for big block supporters.

Most big block supporters believe that bitcoin is, first and foremost, a digital currency; its monetary properties are crucial to its utility as a settlement network.

Not exact matches

Chief amongst these was Bitcoin Cash, that noticed a bunch of bitcoin supporters create a foreign money similar to bitcoin excluding a bigger block dimension, from 1 MB to 8 MB.

, that noticed a bunch of bitcoin supporters create a foreign money similar to bitcoin excluding a bigger block dimension, from 1 MB to 8 MB.

And while the book is only loosely based on an actual event in which the Disney company, big supporters of Sierra Club, was actually blocked by Sierra Club from building a ski resort in an area that would have destroyed the habitats of endangered animals, there was a ring to it that perhaps this was trying a little too hard to bring new details to light from that former case.

Although, this shouldn't be too surprising as the block size debate is known to be one of the most controversial topics within bitcoin circles — with bitcoiners positioning themselves around two major camps: supporters of bigger blocks for the purpose of scaling and those who oppose bigger blocks because of centralization concerns.

Some speculate the motivation driving these miners is a purely ideological devotion to bigger blocks, the reason bitcoin cash supporters split from bitcoin in the first place.

(Called bitcoin cash, the network's supporters have long argued that bigger blocks, in which more space is allotted for transactions, is the key to lower fees.)

When SegWit was ultimately locked in by voter consensus, supporters of big blocks decided to fork Bitcoin and create Bitcoin Cash instead.

The concept of bigger blocks providing greater scalability was a central feature touted by Bitcoin Cash supporters, including major figures Roger Ver and Jihan Wu.

To bitcoin cash supporters who believe in a bigger block size, Wu is very much a hero, someone willing to stick up for what he saw as inequities and hypocrisies, and even better, put his money on the line.

SegWit2x supporters wanted bigger blocks to help curb fees.

For one, Bitcoin Cash supporters often overlap with the members of bitcoin's scaling debate who have historically supported a bigger block size parameter.

The sweet deal for Zoocasa is a direct spin - off from the CREAcrats so - called forward - thinking, actual non-thinking, blunders (or maybe, a non-blunder strategic maneuver designed to ingratiate themselves politically with the «impressive new big kids on the block») at the expense of their traditional low - life financial supporters.