Bitcoin ‘Whales’ Vote in Favor of Larger Tx Blocks
There are signs a majority of the Bitcoin universe’s opinion is shifting in favor of larger transaction blocks, after an overwhelming poll vote. The issues, and Bitcoiners’ reaction to them, were recorded on blockchain opinion polling site Bitcoinocracy. The site allows bitcoin holders to vote on any issue posted by users, signing statements with their....
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John Jegutanis, co-founder of bitcoin and altcoin mobile wallet Coinomi, recently proposed the concept of ”Soft Blocks“ to help scale Bitcoin. Soft Blocks, Jegutanis says, could reduce the risk of increasing Bitcoin's block-size limit. Speaking to Bitcoin Magazine, he explained: “It is not so much the block size – although yes, it must be increased – but the inefficiency of our current block relay mechanism that needs solving.” The block-size dispute – which made headlines throughout 2015 – represents a trade-off between the number of transactions the Bitcoin network can handle and its....
There's been talk in the media of the Federal Election Commission potentially allowing Bitcoin donations to political campaigns. Not terribly long ago (earlier this month, in fact), we even reported on the topic. It looks like the decision to give the proposal the green light has been delayed, according to a Reddit submission on Thursday. The vote reportedly concluded with 3 in favor of allowing Bitcoin contributions, and of course, 3 not in favor. The commission at this point is apparently uncomfortable with their present understanding of Bitcoin, but will likely vote in favor and pass....
The much-anticipated Brexit vote will be held this Thursday, June 23rd, with polls showing an almost equal amount of people in favor of remaining as there are people in favor of leaving the EU. This has created an environment of uncertainty, leading people to search for alternative ways to secure their wealth. Brexit Brings Uncertainty. American....
The foundation aims to streamline Uniswap's grants program and "reinvigorate governance." The $74 million plan by two former Uniswap Lab executives for a new Uniswap Foundation has just become reality after their proposal received over 99% of the votes from UNI token holders.According to the initial proposal, the foundation aims to streamline Uniswap’s Grant Program (UPG) and reduce friction in the protocol’s governance system. Former Uniswap Labs executive Devin Walsh, now serving as executive director of UF shared the results in a tweet on Aug. 24, noting that the proposal to create the....
The largest tech companies in the world, from Google and Apple, to Reddit and Twitter, issued statements condemning the cyber-security bill called CISA, but to no avail. CISA (Cybersecurity Information Sharing Act of 2015) easily passed through the U.S. Senate’s vote on Tuesday, creating a new avenue for consumer data sharing that benefits anti-privacy entities like the NSA, reports The Guardian. The vote was attended and levied by 95 of the 100 U.S. Senators, as five either abstained or missed the voting process entirely. The five Senators who didn’t vote were Cruz (R-TX), Graham (R-SC),....