block size debate News

The price of Bitcoin Cash (BCH) has soared considerably in the last one week. Currently, Bitcoin Cash is trading at $1,317 after it almost reached the $1,500 mark on April 23, 2018.  Bitcoin ABC This development comes as the cryptocurrency…

On August 1, the Bitcoin network will split with the emergence of Bitcoin Cash (BCH). This article will outline the choices you have if you hold bitcoin and some potential outcomes of the split. What is Bitcoin Cash? The project’s…

With SegWit2x we’ll soon experience the activation of SegWit. Block size will be replaced by block weight, transactions capacity will be increased, and fees will fall. But how exactly and to what scope is not an easy question. In recent…

The problem is well known for Bitcoin; there are more transactions than miners can confirm. Now the shortage has reached Ethereum. Especially after popular ICOs, like Status’, the transaction volume is far beyond the network’s capacity. This problem could be…

On June 16, Jeff Garzik announced the Alpha release of SegWit2x. After all, miners who have signed the agreement started to signal for its activation, SegWit2x is nearly instantly backed by more than 75 percent of the hash rate. The…

The User-Activated Soft Fork (UASF) wants to enforce SegWit against the will of the miners. After the movement had gained a growing momentum, it had to gulp serious drawbacks in the past weeks. Neither exchanges, miners nor Core developers stand…

Did we, finally, do it? A consortium of Bitcoin companies and miners announced an agreement about the year long fight for an increase of Bitcoin’s capacity; SegWit should be activated soon, and a hard fork will increase the block size…

When the miners display inertia, the users do it by themselves; the movement for BIP148, the user-activated soft fork, is gaining momentum. On August 1 the soft fork will activate. We explain what is behind the keyword #UASF. Suddenly things…

Bitcoin has a problem; the demand for Bitcoin far outweighs the bandwidth of transaction throughput that the network can sustain. The Bitcoin “highway” is constrained at 1MB per block, or one single analogous lane, which permits a “speed limit” of…

After SegWit-2MB, Extension Blocks is the second proposal from the week beginning April 3 that aims to overcome the block size crisis. The proposition is backed by BitPay, Purse and a Lightning developer. Chinese miners seem to like the idea,…

The majority of the Bitcoin community believes a hard fork execution will not occur anytime soon. Experts and developers including Andreas Antonopoulos, BitGo engineer Jameson Lopp and Charlie Shrem have noted that Bitcoin Unlimited is not ready for production and…

BTC.com successfully completed midwife duties for the very first Bcoin block that made it onto Bitcoin’s mainnet. Block #457010 timestamped 04:30:51 on March 13 was found; some blocks were orphaned in the making. On February 10, Bcoin, Purse.io’s Bitcoin full…

AntPool, the world’s biggest Bitcoin mining pool, finally makes its actions speak rather than its words. After complaining about the unsolved capacity problems, the pool mined a couple of Bitcoin Unlimited blocks. But the story is far from clear. You…

Bitcoin.com’s mining pool unintentionally built an invalid block and lost the block reward, down to a bug in the newest release of the Bitcoin Unlimited client. To the disappointment of some of the alternative clients, however, Unlimited did not lose…

Bitcoiners will receive a gift in the form a new cryptocurrency on Christmas Day, proportional to their holdings. The name of this cryptocurrency; ByteBall, which utilizes a DAG, or a Directed Acyclic Graph, instead of a blockchain, to circumvent the…

The alternate Bitcoin Client, Bitcoin Unlimited, has established itself as a grassroots alternative to Bitcoin Core. Unlimited wants to end the block size debate forever by letting the market decide about the ideal block size. Can this run smoothly? Or…