A new solution to the bitcoin
scaling debate known as «Segwitx2» has garnered notable support, but what do bitcoin's developers think of the proposal?
Not exact matches
Geoengineering — making large -
scale changes to the environment — is
no longer fringe science, with the
debate shifting from whether it should be done to how.
Although, this shouldn't be too surprising as the block size
debate is
known to be one of the most controversial topics within bitcoin circles — with bitcoiners positioning themselves around two major camps: supporters of bigger blocks for the purpose of
scaling and those who oppose bigger blocks because of centralization concerns.
According to some of its proponents, the proposal,
known as SegWit2x, is said to be the only viable solution to the Bitcoin
scaling 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).
For many years, the Bitcoin community has been locked in what is
known as the great
scaling debate.
In yet another turn to bitcoin's
scaling debate, mining firm Bitmain says it would split the network should an upgrade
known as «BIP 148» activate.
The bitcoins
scaling debate is the most well -
known manifestation of this issue, and some have looked to forks as a way to define governance by means of natural selection of blockchain networks.
A majority of major mining pools have pledged to trigger Segwit2x with their combined computing power by the end of this month, activating a long - awaited (though contentious) code change
known as Segregated Witness (SegWit) that's been at the center of bitcoin's
scaling debate.
They
knew there would be a lot of confusion, that Bitcoin's mining power would be split between the two networks, and that the
scaling and fee
debate would be at the front.
UASF Still on the Table Although reports have stated that the Bitcoin
scaling debate may be coming to an end due to what has been
known as the «Barry Silbert Agreement,» recent developments indicate that it may still be far from over, leaving other options like the
Here are a few links to get yourself up to date on this issue: - Bitcoin, To
Scale or not to
Scale The Big Bitcoin
Debate — SegWit vs Bitcoin Unlimited
No...
Some people are of the belief that there is
no longer any need to worry about
scaling debates, as they believe that the adoption of Segregated Witness (SegWit) will solve the issues that lie at the core of the bitcoin fees
debate.