Roger Ver Is Still Determined to Increase the Bitcoin Block Size Limit via a Hard Fork
Two attempts to increase Bitcoin’s block size limit via hard forks — Bitcoin XT and Bitcoin Classic — have failed to gain much support in terms of network hashrate, but early bitcoin advocate and angel investor Roger Ver is not giving up on the cause. Ver is currently testing a new mining pool at Bitcoin.com, and he’s put together a new development team....
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Bitcoin Classic is the latest attempt to increase Bitcoin’s block size limit via a hard fork initiated by miners running an alternative to Bitcoin Core, but it appears that the relatively new software client may already be on its last legs. According to various sources familiar with a meeting in Beijing on March 30, supporters of an increase to the Bitcoin block size limit were unable to convince the Chinese mining community to implement BIP (Bitcoin Improvement Proposal) 109 without support from Bitcoin Core contributors. It was the intention of some participants to convince the Chinese....
Although there has been some serious, public drama over scaling in the Bitcoin community for over a year, it appears that the community is mostly unified behind a single plan going forward, which is based on the “Bitcoin Roundtable Consensus.” There are still high-profile individuals, such as former Bitcoin Core lead maintainer Gavin Andresen and longtime Bitcoin angel investor Roger Ver, who would like to see an increase in the block size limit as soon as possible. Support for Bitcoin Classic, which intends to deploy a block size limit increase to 2 megabytes via a hard fork, currently....
Set to offer an effective block size limit increase, a transaction malleability fix and more, Segregated Witness (SegWit) could soon go live on the Bitcoin network. Starting tonight, miners can signal support for the proposed centerpiece of Bitcoin Core’s scalability roadmap. The soft fork will activate if 95 percent of hash power agrees. But Chinese mining pool ViaBTC, currently representing some 8 percent of hash power on the Bitcoin network, has indicated it will not support SegWit activation. Instead, the mining pool favors a hard fork to remove the one megabyte block size limit, as....
Gavin Andresen recently added some new commits to Bitcoin Core on GitHub, thus continuing with his work on the original Bitcoin protocol. This work may raise some eyebrows, considering Core is a direct competitor with Bitcoin Classic on scalability, of which Andresen happens be to a lead developer. Gavin Andresen has been outspoken in his support for....
This week, bitcoin Jesus Roger Ver weighed in on the block size debate stating that the block size limit should be increased if it is technologically achievable. Specifically, Ver tweeted: The block size debate has been underway for some time now and a lot of developers including Bitcoin Core Developers and the Bitcoin community are getting exasperated with the current impasse. In addition, many developers are now spending a lot of time and money seeking alternative solutions. If every 1MB block were always full, it would take over 55 years to fill my new HD. Let's raise the block size....