block size News
Latest block size News
Despite attempts to improve the difficulty adjustment protocol for Bitcoin Cash (BCH), miners are still able to ‘game’ the network while transaction volumes remain significantly low. Bitcoin Cash Experiences Five Hour Downtime On Thursday (January 30, 2020), the Bitcoin Cash…
The Bitcoin Satoshi’s Vision (BSV) protocol was able to hard fork and upgrade to the proposed Quasar mainnet that increases the max block size from 128 MB to 2 GB. BSV split from BCH after prolonged infighting and a lack…
Never before has the Bitcoin Blockchain seen such a large traffic jam. The number of unconfirmed transactions reached a level, at which it hurts. The Bitcoin economy is not amused; BitPay’s Stephen Pair speaks out with exceptional clarity, while Barry…
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…
SegWit or Unlimited? The miners will proceed to vote on how to scale Bitcoin. Everything depends on the decision of the mining pools. If no solution wins, Bitcoin will remain unchanged. You may not have noticed, but Bitcoin is underway…
In a controversial announcement, major bitcoin mining pool ViaBTC publicly stated that all of its hash power will be allocated to mining Bitcoin Unlimited blocks, a hard fork proposal intended to increase the block size to a capacity that miners…
Bitcoin scalability and how to ensure Bitcoin will be able to support a larger and larger user base has been discussed since its inception in 2009. For the longest time, Bitcoin has been able to make due with its current…
The support for Segregated Witness, a block size and bitcoin network scaling mechanism proposed by Bitcoin Core developer Pieter Wuille at the Scaling Conference Hong Kong, has grown exponentially since its introduction on December 7, 2015. An increasing number of…
Bitcoin Classic has reached the next stage of implementation. Today Jeff Garzik announced on GitHub that Bitcoin Classic 0.11.2.cl1 Beta 2 can be downloaded on GitHub or at the Bitcoin Classic website. “This is a test release, not intended for…
Bitcoin Classic is a new code repository of Bitcoin quickly gathering popularity, with Bitcoin developers like Gavin Andresen and Jeff Garzik already backing the initiative. As of now, it looks to inject a patch shortly that will increase the blocksize,…
Industry leaders, dominant startups, and bitcoin and security experts have contributed to the on-going and seemingly neverending block size debate Bitcoin core developers including Jeff Garzik and Gavin Andressen have proposed various Bitcoin Improvement Proposals (BIPs) such as the BIP…
Since December 30, the number of Bitcoin XT nodes and Gavin Andresen’s BIP 101 mined blocks have increased substantially. According to xtnodes.com, the number of Bitcoin XT nodes have increased by nearly 33% since early December, rising from 435 to…
Bitstamp, the world’s sixth largest bitcoin exchange, has announced their final plans to switch to BIP 101 this December in the largest bitcoin AMA to date. According to Bitstamp co-founder and CEO Nejc Kodric, the exchange will switch to BIP…
Bitcoin-NG, a proposal that came to fruition from the works of Ittay Eyal, Adam Efe Gencer, Emin Gun Sirer, and Robbert van Renesse, recently had their whitepaper titled “Bitcoin-NG A Scalable Blockchain Protocol” published. Bitcoin-NG is a proposed blockchain protocol…