Sentences with phrase «block size debate»

There has been a lot of controversy surrounding the ongoing Bitcoin block size debate and the stance taken by major companies active in the digital currency world.

We also saw some movement and additional discussion relating to the ongoing block size debate.

We have often covered the controversies surrounding block size debate, a possible fork on the bitcoin network, and the inability of miners to reach clear consensus in the past.

Although not mentioned in the statement, any new competing Bitcoin client software is bound to address the transaction block size debate.

More importantly, this would solve the entire block size debate without the need for more bandwidth capacity, which will be beneficial to the Chinese mining pools.

This year brought a climax in the prolonged Bitcoin block size debate.

Various proposals are floating around on the Internet to raise more support for Bitcoin Classic in these days of block size debates and transaction backlogs.

Although the scaling and block size debate continues, this week the bigger focus has been on the halting of withdrawals and deposits of USD from various bitcoin exchanges, most notably Bitfinex and OKCoin.

The unresolved block size debate and the growing popularity of private blockchain and distributed ledger technologies (built independent of Bitcoin) among financial institutions hasn't helped the price either.

In a Quora post this week, Ed Felten, Deputy U.S. Chief Technology Officer, commented on what the White House thinks of bitcoin, including the recent bitcoin block size debate saying:

The current Bitcoin blockchain block size debate has been very contentious.

A byproduct of the long - running block size debate, the event has emerged as a way to highlight proposed technical changes designed to be made to the bitcoin blockchain directly, rather than through a top - layer solution.

If Twitter and Reddit are any indication, sentiment on the matter tends to be influenced by personal politics, in this case, where users stand in bitcoin's long - standing block size debate, which, at its core, was about network economics.

Let us take the cases of the recent ethereum hard fork decision, and the bitcoin block size debate epitomized by the Scaling Bitcoin conference series.

With the Bitcoin block size debate in full effect to this very day, development of the Bitcoin protocol has to carry on regardless of political agendas.

The purpose of these stress tests is to see if the Bitcoin network can handle a barrage of very small transactions that will act like a DDOS attack but most observers see this as a «political» statement and CoinWallet's contribution to the ongoing block size debate.

First, an exploration of the block size debate that is roiling the Bitcoin world, and then how lessons from that debate apply to diversity in tech.

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.

For those who have remained on the sidelines, bitcoin's «block size debate» largely rests on two issues, one technological, the other social.

The last Scaling Bitcoin conference drove down the price of bitcoin as the trading community saw a lack of progress in reaching consensus on the block size debate.

The block size debate is a function of a larger problem.

This is important news from a bitcoin fundamentals standpoint as it can be viewed as a big step forward in settling the block size debate and eliminating the lingering uncertainty around bitcoin's future.

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.

Also read: How Bitcoin Miners have lost their interest in the block size debate The First Ethereum ATM Is Now Live In a recent blog post published on the Ether Camp website, the developers explained how the ATM came to be.

«Unfortunately, the block size debate has been dominated by quasi-religious attitudes, conflicts of interest, struggles of power and very little scientific data.

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 Segregated Witness offers several benefits, one of these has garnered a lot of attention in the context of the block size debate in particular.

Other interesting notes this week are the block size debate continues to be a hot topic, a Bitcoin center opened in Brazil, and Pinn won top prize for a hands - free Bitcoin payments application.

Although the block size debate has been the main point of conflict within the Bitcoin community over the past year, the reality is that this conversation is more about the larger topic of scalability.

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).

The Bitcoin community — consisting of customers, exchanges, wallets, businesses, developers and miners — has for years been involved in what is known as the block size debate.

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.

He sees the conference as not just a day to revisit the block size debate but also to catch up with other developers and reassess where the Bitcoin movement is heading.

A «fake news» campaign intended to muddy the Bitcoin block size debate is being waged by Bitcoin Core advocates like Blockstream co-founder Greg Maxwell.

When asked about the block size debate, Perklin said:

Though widely known as the «block size debate», there is by no means agreement in the bitcoin community that bitcoin needs to change the size of the network's data blocks in order to achieve a more scalable platform.

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.

In regard to the block size debate, he stated, «If this was political money, 18 months ago this would have been over.»

When explaining the full picture of the block size debate, Lombrozo made the point that the non-technical Bitcoin community (likely a reference to Bitcoin subreddits) may not have had the full picture of what was going on in the development community back in May of 2015.

If the bitcoin community doesn't establish systems for containing this conflict it will arise again over some issue that appears superficially different to the block size debate, but underneath looks much the same.

The current Bitcoin block size debate has dragged in everyone from all corners of the Bitcoin industry.

It's been called the «block size debate», but bitcoin's so - called «crisis» highlights a longer - term challenge: how can open, public blockchains balance the needs of users and business interests, and what role should developers play in this process?

Jerratsch added that lightning networks won't arrive in time to make any difference in the block size debate.