Sentences with phrase «block size limit increase through»

Instead, the letter expresses support for an initial block size limit increase through Segregated Witness.

Not exact matches

And if the original block size limit is increased through a hard fork at some point in the future, this risk multiplyer will probably remain.

Rather than a Segregated Witness soft fork, the recently launched alternative Bitcoin implementation Bitcoin Classic plans to increase Bitcoin's block size limit to 2 megabytes through a hard fork, meaning all full nodes on the network need to upgrade synchronously.

Dorier does believe the block size limit will need to be increased through a hard fork a bit further down the road.

Although the Bitcoin community has focused on an increase in the block size limit to increase transactional capacity, SegWit is able to achieve the same goal through alternative means.

Furthermore, some developers — often (but not always) those in favor of increasing the block size limit through a hard fork — prefer to deploy Segregated Witness as hard fork as well.

Increasing the block - size limit (the «old - fashioned way») can be done only through a hard fork.

It is the plan of Bitmain (Bitmain was founded by Jihan Wu and Micree Zhan in 2013 and Jihan Wu is finacial analyst) to do hard fork was firstly announced) and it was plan go through originally by UAHF (user activated hard fork) which is succeeded and the Bitcoin name was originally suggested by Chinese mining pool by Bitcoin (BTC) then the fixed goal of the fork was to increase the transactional number register can process by increasing the Block size limit to 8 MB and this is only motivation have been behind the creation and launch of Bitcoin Cash (BCH).