/sections/block-size Archive
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For the past two years, the main topic of conversation in the Bitcoin community has been the scalability debate. While the peer-to-peer digital currency system processes …
By satoshi
January 12, 2017
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Scalability has been a central issue within the Bitcoin community for well over a year now. Amongst the most promising innovations being developed are bidirectional payment …
By satoshi
December 28, 2016
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Last February, in the midst of Bitcoin’s long-lasting block size dispute, a group of Bitcoin Core developers, Bitcoin miners, and representatives from the Bitcoin industry met in …
By satoshi
November 22, 2016
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Bitcoin’s oldest mining pool, Slush Pool, will let its miners vote on the Segregated Witness soft fork proposed by Bitcoin Core. By passing this choice down to individual miners …
By satoshi
November 18, 2016
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Set to offer an effective block size limit increase, a transaction malleability fix and more, SegregatedWitness (SegWit) could soon go live on the Bitcoin network. Starting tonight, …
By satoshi
November 17, 2016
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Two attempts to increase Bitcoin’s block size limit via hard forks — Bitcoin XT and Bitcoin Classic — have failed to gain much support in terms …
By satoshi
September 22, 2016
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All (full) Bitcoin nodes verify all transactions on the network. This allows the system to be entirely trustless and decentralized, but also presents significant drawbacks. Privacy …
By 1BitcoinNews
August 13, 2016
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Late last week, a post on Chinese Bitcoin community website 8btc gained a lot of attention in certain English-language Bitcoin circles, particularly the subreddit /r/btc. The …
By 1BitcoinNews
July 7, 2016
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Although there has been some serious, public drama over scaling in the Bitcoin community for over a year, it appears that the community is mostly unified …
By 1BitcoinNews
May 23, 2016
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Judging from various reports in the media over the past year, Bitcoin is in a serious crisis that threatens its very existence. Longtime Bitcoin developer Mike …
By 1BitcoinNews
May 11, 2016
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Bitcoin Classic is the latest attempt to increase Bitcoin’s block size limit via a hard fork initiated by miners running an alternative to Bitcoin Core, but …
By 1BitcoinNews
April 18, 2016
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The Crypto Show recently interviewed Johnny Dilley, who runs strategy at Blockstream. Dilley shared his views on the future of Bitcoin’s block size limit, and explained …
By 1BitcoinNews
April 18, 2016
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Bitcoin Core contributor Peter Todd recently discussed a variety of topics on The Crypto Show. Todd was asked if he is still worried about the possibly …
By 1BitcoinNews
April 12, 2016
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Up to this point, the main way to judge support for a change to Bitcoin’s consensus rules has been miner voting. Miners are able to broadcast …
By 1BitcoinNews
April 7, 2016
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Samson Mow is the Chief Operating Officer of Chinese Bitcoin exchange, wallet service and mining pool BTCC. A successful executive in the video game industry, Mow joined …
By 1BitcoinNews
March 15, 2016
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Bitcoin Classic, an attempt to implement an alternative version of the Bitcoin protocol with a higher block size limit, has been one of the biggest stories …
By 1BitcoinNews
March 3, 2016
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On February 21, representatives of the Bitcoin mining industry as well as the Bitcoin Core team met in Hong Kong to discuss a solution to the …
By 1BitcoinNews
March 3, 2016
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MIT Technology Review is weighing in again on the issue of Bitcoin scalability with an article titled “Technical Roadblock Might Shatter Bitcoin Dreams.” The question is …
By 1BitcoinNews
February 20, 2016