Mike Hearn & Gregory Maxwell The Great Bitcoin Debate Continues
Mike Hearn decided to clear the air as he made public a chat between Gregory Maxwell and himself. A popular reddit post called “Thank You Mike Hearn” had found its way to the front page with what seems to be a copy & pasted debate between Hearn and Maxwell arguing over Bitcoin scale. “It was well …. understood that the users of Bitcoin would wish to....
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Former Bitcoin Core developer and current R3 employee, Mike Hearn, has claimed that Blockstream – a blockchain-based startup comprised by a group of Bitcoin core developers is the source of the refusal behind Bitcoin’s block size increase. He also cites that Bitcoin’s “leader” is Blockstream co-founder and CTO, Gregory Maxwelll. In a post made on a public forum today, Hearn directly asserts that Blockstream co-founder and CTO Gregory Maxwell – also a Bitcoin Core developer – is the reason for the refusal to “bump” Bitcoin’s block size. Beyond the revelation, Hearn directly calls Maxwell a....
The Bitcoin block size debate is still far from over, as a new capacity increases page with initial signatures has been posted on GitHub very recently. Quite a few prominent names in the Bitcoin industry have all signed the roadmap, including Charlie Lee, Cory Fields, Gregory Maxwell, and, surprisingly enough, Theymos. Whether or not a consensus can be reached regarding this proposal, remains to be seen, though. The proposal in question was penned down by Gregory Maxwell after the recent Scaling Bitcoin Workshop in Hong Kong, which took place in early December 2014. With so many new,....
The Bitcoin world never shies away from a good conversation, although some of the discussions may turn out quite differently from what people originally anticipated. Bitcoin Core developer Gregory Maxwell recently engaged in quite an interesting debate about the Lightning Network, and whether or not it will be decentralized, or how transactions will be....
Bitcoin Core developer Jeff Garzik's proposed compromise to double the block size limit to 2MB as a temporary solution is still far from reaching consensus. When asked by CoinTelegraph, developers from both sides of the debate were skeptical of the small bump in size. Long-time critic of raising the block size limit, Peter Todd, remains critical of any raise for now, including a bump to 2MB. Instead, he'd still rather let Bitcoin hit the maximum amount of transactions the network can handle, in order for a fee market to establish. He told CoinTelegraph: On the other side of the debate,....
Reaching consensus can be difficult, and that’s something Mike Hearn wanted to tell the world on January 14th. In a Medium post, he calls “The resolution of the Bitcoin experiment” long-time Bitcoin developer Mike Hearn has left the industry. The statement that is quite long goes into a very detailed testimony to why he’s left and that he sold all his bitcoins. Mike Hearn former Google engineer and the first person to implement Bitcoin in Java, lead developer of the controversial XT fork, and a person whose software he’s “written has been used by millions of users” is all done with the....