Sentences with phrase «block size issue»

Continuing with my belief that the block size issue will be addressed during 2016 in some way, I also believe tØ will utilise the bitcoin blockchain as opposed to a private blockchain due to bitcoin's decentralised, secure and relatively trustless nature.

Segregated witness is perhaps best described as a novel workaround to the block size issue that affects how certain network variables are counted toward block size.

Bitflyer CEO Yuzo Kano, for instance, said he didn't know if SegWit would be «sufficient» to fix the «block size issue» stating that he is «pro bigger blocks» because he believes it would make bitcoin more user friendly.

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».

Dilley's calm demeanor in regard to the block size issue seems to be partially based on his excitement over various improvements that are making their way to Bitcoin via soft forks.

During the round table, the Bitcoin Core team announced that it is ready to address the block size issue and offer a more balanced solution for increasing the block size using a segregated witness feature.

The main trouble the bitcoin community is concentrated upon nowadays is, of course, the block size issue.

It also does not support any specific project, philosophy or even opinion on the block size issue.

Imagine a cryptocurrency industry where there are no miners, no block size issues, no 51 percent attack, and even more decentralization.