Bitcoin-Xt Pushing Ahead With Bigger Blocks

Bitcoin-Xt Pushing Ahead With Bigger Blocks

Each transaction that occurs on the block chain takes up a little bit of space, and these transactions all get squished into a virtual box (a block). Bitcoin currently operates with a 1MB limit. What this means is that only so much information it can process in each block, this currently comes to roughly seven transactions per second. The discussion recently in the Bitcoin ecosphere has been to increase the block size to 20MB, thereby allowing more transactions in each block, increasing the transactions per second. As some postulate, bitcoin is unlikely to acquire mainstream adoption if it....


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Recently there has been an uproar in the Bitcoin community over a potential increase the Bitcoin block size. There are many people I respect deeply on both sides of this issue, but unfortunately we’ve seen some members of the community resorting to outright censorship in order to stop the debate. Censorship is never the answer. The reason myself and many....

Again: Bigger Blocks Mean More Decentralization

(Editor’s Note: This article was originally published in August of 2015 and was immediately censored from /r/Bitcoin and several other places. The version below has been updated to recommend support for Bitcoin Unlimited.) Recently there has been an uproar in the Bitcoin community over a potential increase of the Bitcoin block size. There are many people....