Can Bitcoin XT Make It in Time? Maybe Not!

Can Bitcoin XT Make It in Time? Maybe Not!

Bitcoin XT, also known as BIP-101 (Bitcoin Improvement Proposal -101) has been making a gradual progress. Bitcoin XT was introduced by two Bitcoin Core developers – Gavin Andresen and Mike Hearn. It is supposed to be one of the answers to the prevailing Bitcoin block size issue. Bitcoin XT or BIP-101 proposes the block size to be increased from the current size of 1 MB to 8 MB followed by doubling of block size every alternate year. The main reason for the proposal was to ensure that the Bitcoin network is future-proof and scalable. Currently, the smaller block size of 1 MB has a....


Related News

Not all investments lose value equally: A recovery period for digital assets

With Bitcoin’s impressive recovery characteristic, could having it and other digital assets in an investment portfolio speed up the recovery time of the entire portfolio? When investing in financial markets, people often underestimate the possibility that, over a period of time, the investment may lose its value, and it will take time to recover temporary losses. The deeper the loss becomes, the more energy required to recover the losses increases out of proportion. If I invest $100 and lose 10%, I end up with $90 (whether I keep the investment or liquidate it). So, to get back to $100,....

Still Time to Make Bitcoin Donations and Give Less to the IRS

The US Internal Revenue Service (IRS) has committed to cracking down on bitcoin users that may have been evading paying taxes. However, there is still time to make charitable donations to your favorite charities and thereby give a little less to the tax man. Year-End Tax Planning. For federal tax purposes, the IRS treats bitcoin as property, not....

Bitcoinist Book Club: “The Bitcoin Standard” (Chapter 5, Part 1: Time Prefere...

The time has come, book lovers. The time to discuss “time preference,” a key concept that will help you make sense of the world around us. If you already own BTC, you know how it changes your priorities and makes you a more measured individual, focused on the future.  The whole “stacking sats” meme, a […]

Bitcoin Price - Trading vs Investing

A comment/question was raised on yesterday's article that deserved reply, as well as clarification here. The question centered upon the difference between trading and investing. There is a big distinction between trading and investing. IMHO investors should feel very comfortable buying at these levels and ignoring the ups and downs that happen each day and week. Prices may go lower. They may test $304 again. However, I remain of the conviction that the price will be much higher in a year's time than they are today, so if prices go lower near term investors should not worry too much.....

Time Inc Becomes First Major Magazine Publisher to Accept Bitcoin

Time Inc, the publisher of more than 90 magazines, is now accepting bitcoin for select properties. The integration was made possible through a partnership with California-based merchant processing services provider Coinbase, and will begin with a rollout on Fortune, Health, This Old House and Travel + Leisure starting today. Consumers can now use bitcoin to buy subscriptions of @fortunemagazine, @goodhealth, @TravlandLeisure & @ThisOldHouse http://t.co/AVe9K9myTj. - Time Inc. (@TimeInc) December 16, 2014. In statements, executive vice president of consumer marketing at Time, Lynne Biggar,....