The Bitcoin block size debate finally seems to be ending, with a near unanimous support for SegWit2x emerging from bitcoin miners overnight. Also read: Ethereum's Ecosystem Creaks As ICO Gold Fever Increases Miner Support for SegWit2x Jumps to 90% Overnight Social media exploded with excitement over this development Thursday morning, with influencers and commentators … [Read more...] about Bitcoin Miner Support for SegWit2x Hits 90% — Scaling Resolution At Last?
Bitcoin Block Size
Just days before launch, new micropayment platform yours.org announced a surprise shift to using Litecoin, citing an increase in Bitcoin transaction fees as the catalyst. But is the model or the method at the heart of the problem? Also read: Against All Odds: Is Bitfinex Thriving or Dying in the Months After the Big Hack? Monetizing Social Media The brainchild of former … [Read more...] about Ryan X. Charles Ditches Bitcoin for Litecoin, Citing Block Size Issues
Once upon a time there was a Bitcoin scaling proposal called BIP100. It appeared in 2015 with a stated goal of taking power away from a few developers and handing it to economic stakeholders (namely miners). Also read: Bitcoin Unlimited Creator: Only On-Chain Scaling Helps Real Life Use Cases Two years later, the proposal is still very active and presents another option … [Read more...] about It’s Time to Take Another Look at the BIP100 Miner-Based Scaling Plan
Blockchain company nChain announced its acquisition today by Europe's High Tech Private Equity Fund SICAV plc. But what is nChain's plan for Bitcoin, and who is involved? Also read: Litecoin Rises 15% on Strong SegWit Signal nChain Wants On-Chain Bitcoin Scaling, Block Size Increase Of note is that, according to a press release, one of nChain's goals is "In adherence to … [Read more...] about ‘Big Block’ Patent Firm nChain Acquired by Equity Fund, Possible Connections to Craig Wright
Hard forks, miner wars, AsicBoost. It’s all noise. Bitcoin isn’t going anywhere, no matter how hard people try to hijack or replace it. Also read: Greg Maxwell: AsicBoost a 'Clear and Present Danger' AsicBoost: a 'Clear and Present Danger' In recent weeks and months, the Bitcoin community has been awash with drama surrounding miners. The current 1MB block size limit and … [Read more...] about AsicBoost and Conspiracies: Why You Shouldn’t Care About the Latest Bitcoin Mining War