BitPay's Stephen Pair: Community Needs to Become Proficient at Managing Bitcoin Forks
As opposing sides in Bitcoin's long-lasting scaling dispute seem to be inching closer, one of the remaining sources of contention is not whether, but how to achieve a small block size bump. TheBitcoin Core development team wants to increase the maximum block capacity through a Segregated Witness soft fork, which has since been embraced by a large part of....
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Over the past few months, Bitpay co-founder and CEO Stephen Pair has been advocating for a safe and non-contentious method to scale the Bitcoin network. In an informative blog post, Pair revealed his perception of a cautious approach to bitcoin scaling. Basically, Pair believes that a soft fork-based scalability solution is the most beneficial for the network and community. It eliminates the possibility of a hard fork, which will inevitably lead to a chain split at this phase of bitcoin development. While some hard forks such as the Ethereum forks executed in late 2016 allowed the network....
BitPay’s CEO Stephen Pair recently announced an innovative new program that could very well change the way the internet works on several levels. The new program, called Foxtrot, was designed to give internet users the security and privacy offered by the Bitcoin blockchain technology in everything they do online. While the new system is still in the early stages, foxtrot is currently available for download and BitPay plans on using it to empower their own systems. CoinTelegraph reached out to Tony Gallippi, BitPay’s Executive Chairman for comments about the new project as well as on the....
This article has been updated with comment from BitPay CEO Stephen Pair. BitPay has reduced the size of its staff in an effort to "reduce costs" and "better align with the pace of growth" in the industry, according to an email sent by CEO Stephen Pair to the firm's employees earlier today. The confirmation of staff reductions at the troubled bitcoin payments processor follows speculation, rumors and a report by bitcoin news source Qntra that BitPay employees were seen leaving its Atlanta office following layoffs. Pair's email, entitled "Important Company Announcement" and sent to the....
ChaChing! Check out this week’s receipt. Sparing all costs, we got Stephen Pair the CEO of BitPay in the metaphorical studio, being interviewed by the notorious duo, known as Corey and Cello. Stephen and the guys speculate on a vas variety of topics like BitPay’s newest app, Copay, bitcoin debit cards, adoption and the future of their company as a whole. This is one interview you can’t afford to miss. This is a no charge, tax free, fee free episode, powered by Cointelegraph. Also while Cello was browsing his Twitter feed he came across an entrepreneur who was trying to find more info using....
BitPay, one of the top funded companies and most-used payment processor in the Bitcoin industry, is open to alternative block-size proposals - not just BIP (Bitcoin Improvement Proposal) 101. Speaking to Bitcoin Magazine, CEO Stephen Pair reaffirmed that BitPay will adopt code to increase Bitcoin's block-size limit by December of this year, but said this no longer needs to be the proposal as implemented in alternative Bitcoin implementation Bitcoin XT. BIP 101 is programmed to increase the block-size limit to 8 megabytes, then doubling every other year for the next 20 years. This proposal....