Sentences with phrase «on the block size issue»

And commenting on the block size issue at a conference in London, BitFury CEO Valery Vavilov stated the «block size should be increased, but in a smart way,» adding that «the solution which was deployed is pretty good: Segregated Witness.»

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.

Early reports suggest that there was a lot of constructive discussion and collaboration on key issues impacting the future of the Bitcoin industry, including block size.

Also, with electorate nearly equally split over a majority of important issues, the size of the body matters slightly less, but a larger body is more likely to allow passing more laws since you can always trade votes between blocks on random laws that a given block cares less about (e.g. I'll vote for your farm bill if you vote for my factory bill).

As the chains are private, the issue with sizes of blocks is removed, and security can be implemented at many different layers, including HASH - only and PKI key - level security for access to information encoded on the blockchain.

The LuMee range for the iPhone X has solved a large issue that had previously hobbled large amounts of the LuMee fan - base — careless placement of buttons meant that LuMee cases originally designed for the iPhone 7 range blocked wireless charging on the similarly sized iPhone 8 range.

As a central issue, Bitcoin's one - megabyte block size limit was often insufficient to include all transactions on the network.

At an industry roundtable in Hong Kong on February 21, representatives of the Bitcoin mining industry and a group of Bitcoin Core developers met to discuss a solution to the Bitcoin block size scaling issue.

There has been plenty of Bitcoin - related drama on social media lately, especially when it comes to issues involving scalability (and the block size limit).

Over the past few months there has been significant attention within the bitcoin ecosystem and beyond on what is commonly referred to as the «block size issue» — the size and scale of bitcoin blocks.

Previously, there was an issue with these small transactions because with the limits on block size, there had to be large transaction fees to discourage them.