The original builder spirit of the Bitcoin community has been buried by politics and infighting, said Jameson Lopp at The Future of Bitcoin conference in Arnhem, Netherlands. To keep Bitcoin moving forward, he argued, the community needs to adopt a spirit of "coopetition." Also read: The Future of Bitcoin 2017 Series: Antony Zegers and Market Governance for Bitcoin Jameson … [Read more...] about The Future of Bitcoin 2017 Series: Jameson Lopp and ‘Coopetition’
Bitcoin Block Size
Market forces should make the key decisions in Bitcoin and that includes the transaction block size. That's the main argument in this presentation by Antony Zegers of Bitcoin Unlimited. Bitcoin Unlimited forks the codebase of Bitcoin Core and introduces its key feature: Emergent Consensus (EC). Mainly, this sets no size limit for a transaction block, and miners can signal … [Read more...] about The Future of Bitcoin 2017 Series: Antony Zegers and Market Governance for Bitcoin
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?
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