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.
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
The federal government's recent decision to
block the takeover of Potash Corp. by Australian mining company BHP Billiton has sparked much
debate about which types of Canadian industries should be protected from foreign buyers.
But the online protests also highlighted how the biggest tech companies, such as Facebook and Google, have taken a back seat in the
debate about protecting net neutrality, rules that prohibit internet service providers such as AT&T and Comcast from
blocking or slowing sites or for charging people or companies for faster speeds of particular sites.
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.
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.
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.
He was saying, «Look, while you come up with your three simple steps to deciding whether you can heal on the Sabbath or not, here is a real, live human being who is hurting and in need of your help, and all you can do is sit there and
debate about him like he was a log
blocking the road.
I have repeatedly challenged Jennifer
Block to publicly
debate the safety of homebirth (Jennifer
Block: How
about a
debate?).
Amidst a nationwide
debate about a policy on immigration, President Donald Trump's recently
blocked travel ban on seven predominantly Muslim nations has captured the interest of top elected officials in Westchester.
It also
blocks unity on the left by preventing rational
debate about differences.
Although she lived roughly one hundred
blocks away from the heart of New York's art scene, Neel attended discussions and
debates at The Club, the apartment at 39 East 8th Street where artists of the New York School held meetings
about the future of painting.
A recent example of this is the
debate that has arisen
about the interactions between the jet stream and
blocking events and the degree of ice cover in the Arctic.
The climate denial countermovement has also
blocked critical reflection on and serious
debate about climate change through other strategies which seek to promote the idea that civil society will be better off if climate change policies are not adopted.
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.
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.
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
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.
«I am also watching with interest the
debate within the Bitcoin community
about the
block size limit.
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.
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.
That being said, the technological side of things seem to address what the
block size
debate is all
about.
In addition, it looks like Segregated Witness is more
about fixing the transaction malleability system than having to do with the Bitcoin
block size
debate.
A new version 0.12.0 of the Bitcoin Core has been officially released amidst the ongoing
debate about the way to increase the size of bitcoin
block.
This is why there is so much misinformation (labeling bitcoin as «a failure») being written now
about the
block size
debate.
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.
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.