Sentences with phrase «on the block size debate»

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.

Despite flourishes, including a softly lit image, that are sympathetic to Hearn, the piece includes the most exposition on the block size debate, elaborating on Maxwell's own difficulties as a leading figure in the bitcoin community and detailing former Bitcoin Core lead maintainer Gavin Andresen's thoughts on the debate.

Not exact matches

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

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.

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.

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.

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.

Meanwhile, the block size debate raged on.

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).

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 debate around expanding bitcoin's block size, a technical upward bound on the size of transactions that the network can support, might not seem relevant to the split, but it is.

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.

Based on a post made earlier by F2Pool earlier today, Blockstream President Adam Back has changed his official position title to «Individual» at the last moment when a consensus was reached regarding the block size debate on February 21st.

On August 1st, 2017, Bitcoin Cash (BCH) was born as a result of a fork in the ledger of the digital currency, ending (for now) the long debate over the scaling of Bitcoin's block size.

As sensationalist as it sounds, the fate of the entire Bitcoin ecosystem may very well depend on the outcome of the block size debate.

Oleg has already written an excellent post on this topic, but I have a few things to add and I wish to relate the discussion to the current debate over increasing the block size.

As debates continue to progress regarding new BIP proposals as well as the block size debate, another concern is how any changes to be made on Bitcoin are implemented.

As an oversimplification of the current debate: Some would like to see an increase in block size which would enable more on - chain transactions per second; others would like to see the block size limit remain low in an effort to limit the cost of operating a full node while moving some types of payments above the base Bitcoin protocol to secondary layers such as the Lightning Network and sidechains.

That said, Bitcoin Cash intends to activate new rules that are at odds with the bitcoin network, aiming to boost transaction capacity by increasing the block size to 8 MB and removing Segregated Witness (SegWit), a long - debated code optimization that's likely to activate on bitcoin later in August.

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.

For years, a debate has been raging in the Bitcoin community on whether to increase the block size in the hope of alleviating some of the network bottleneck which has plagued Bitcoin due to its increased popularity.

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.

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.

This announcement comes at a critical point in the block size debate, suggesting the core developer expects non-bitcoin blockchain tech to be on the upswing in spite of the fallout from

The censorship on Reddit has become a hot topic since the beginning of the block size debate.

People on both sides of the block size debate don't like the Roundtable's conclusions on the direction of bitcoin, and for similar reasons.

People are much divided on what implementation of Bitcoin to use, and there has been much debate, including a Scaling Bitcoin conference, dedicated to the updating (or not) of the Bitcoin protocol due to its current limitations of 1 MB per block size.

What are your thoughts on BIP 101 and the Bitcoin block size debate?

The debate on whether to increase the block size or not has been going on for a while in the Bitcoin community.

News.Bitcoin.com The Bitcoin block size debate heated up on Monday as Antpool officially entered the fray.