Amid Scaling Debate, Bitcoin Core Goes on Outreach Offensive
Even many of its members acknowledge Bitcoin Core has had a communication problem. The largely volunteer development team, which provides peer review and testing for the bitcoin network's underlying code, has been on the defensive following the decision by a former member to criticize the project for failing to take what he considered to be adequate measures to handle a greater volume of transactions. From there, the problem has only escalated. Feeling the pressure from a particularly negative news cycle, bitcoin businesses soon began looking to support proposals that offered what they....
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Following a months-long debate on how best to scale the bitcoin network to accommodate a greater number of transactions, bitcoin mining firms are voicing their support for a newly introduced proposal called Bitcoin Classic. Though a new entrant to the debate, Bitcoin Classic so far has the support of bitcoin developers including former Bitcoin Core maintainer Gavin Andresen, Bloq CEO Jeff Garzik and Ledger Journal editor Peter Rizun, among others. If adopted, Bitcoin Classic would increase the size of blocks on the bitcoin blockchain to 2MB, up from 1MB today. The proposal has created....
During the Scaling Bitcoin workshop held in Montreal a few weeks back, some suggestions to increase the block size limit from the current 1MB to 2-4MB were raised. Participants seemed to focus on Adam Back's 2-4-8 block size increase proposal, although notable developers appeared to support a smaller short-term bump in limits. Some discussions on the bitcoin-dev mailing list apparently revealed that some core developers are interested in a short-term fix. Scaling Bitcoin and Block Size Debate. Prior to this workshop, bitcoin developers and members of the community have been debating on....
For the past two years, the main topic of conversation in the Bitcoin community has been the scalability debate. While the peer-to-peer digital currency system processes more than 300,000 on-blockchain transactions per day and recently reached an $18 billion market cap for the first time, the path toward scaling this system to a global economy over the long-term is sometimes seen as unclear. After years of debate over Bitcoin’s effective transaction capacity limit, the plan for capacity increases that has gained the highest level of support from current Bitcoin Core contributors, bitcoin....
Bitcoin's scaling debate is clearly one of its defining moments. It has pitted the user bases sharply against one another whether through endless Reddit debates, digital media or even at the "top" tier of the development teams. It also raised significant issues around centralization and bitcoin’s somewhat awkward relationship with the mostly China-based mining industry. In this post, I will attempt to document different parts of the debate as it played out from different perspectives. I do not consider myself beholden to any specific strand and have attempted to be as neutral as....
For bitcoin industry veteran Tom Kysar, the ongoing debate over how the bitcoin network should resolve key technical concerns has, quite literally, hit home. The former head of marketing for the now-defunct startup Koinify, Kysar lives with two bitcoin evangelists, both of whom he says are on opposite sides of a debate that has so far raged on blogs, forums and through headlines in The New York Times. "I think it's confusing the shit out of a lot of people. The house is split. (One) supports Bitcoin Classic and (the other) ... he’s with the Bitcoin Core guys," Kysar told CoinDesk at The....