Roger Ver on Bitcoin Scalability: Two Bitcoins Are Better Than One
After months of heated debate over whether the Bitcoin network should scale or not, there seems to be no consensus in sight. The community is at a crossroads with two differing opinions on forking the network from 1MB to 20MB. Yet, getting most of the validating nodes, miners and the rest of the bionetwork on board in an appropriate manner is a very significant issue. One camp thinks that the current network with its mere 7 transactions per second is debilitating and uncompetitive. However, the other camp believes that promoting a hard fork will revert transactions, which is the opposite....
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The latest debate on Bitcoin scalability had Roger Ver and others arguing about whether SegWit is the right approach to expanding and scaling Bitcoin network. What’s the future of Bitcoin? That’s the question on top of the Bitcoin community members’ minds, especially with the whole scalability discussion still going on. One of the scalability solutions presented by the Bitcoin Core is SegWit. The Segregated Witness soft fork is expected to enable Lightning Network, which is already being worked upon by few developer groups. While some believe that SegWit and Lightning Network will ensure....
At the Blockchain Money Conference in London held yesterday and today, after an enthusiastic presentation on Bitcoin’s benefits, specifically focusing on its ability to increase economic freedom which, according to Roger Ver’s presentation, increases incomes, lowers mortality rates, decreases wars “overall”, among other benefits, Roger stated in response to a question that his biggest disappointment was Core’s take on scalability as it did not “keep up with consumer demand.” Roger stated that he questioned “the morals of the people who have come up with [segwit]” before adding that we....
Roger Ver speaking at LeWeb 2013. Photo via LeWeb13. Roger Ver, also known as Bitcoin Jesus, is looking to buy MtGox bitcoins from people who believe the Bitcoin exchange may be insolvent. As reported yesterday, people are already selling their MtGox bitcoins at discounted rates on a new exchange that popped up overnight. Ver made a post on the bitcointalk forum where he stated his interesting in purchasing at least 100 bitcoins from other MtGox users. It's interesting to see this bid of confidence from Ver after so many people in the Bitcoin community have been bashing MtGox for the past....
We promised the coming of Bitcoin Jesus, and his time has come. Here is Roger Ver answering the questions put forward by you, our readers and community members at the Inside Bitcoins conference in Hong Kong! We had a huge number of entries and so tried to allow Roger to speak about as wide a variety of topics as possible - we hope you enjoy hearing what he has to say. Don't forget to give us your feedback and let us know who else you would like to ask some Bitcoin questions, and as always, be sure to keep following CT!
Censorship in the Bitcoin community has been highly damaging towards efforts to bridge the gap between the various parties of Bitcoin’s block size debate. Roger Ver recently published a post asking users what they find more upsetting: the scalability roadblock or censorship on r/Bitcoin, after which he called for users to use other forums to express....