Bitcoin Core Developers Work On A New 2 MB Hardfork Proposal
Many people are keeping a close eye on the block size debate for very different reasons. Solving the Bitcoin block size problem has been a top priority for developers over the past few months. Multiple solutions have been proposed, although only two of them are in actual “contention” right now. Bitcoin Core developers have begun development of a third solution that would shift the block size to 2MB. It is always good to have options on the table. Even though Segregated Witness has not been denied by the mining community yet, it is due time to consider alternatives. Bitcoin Core developers....
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A decision on the part of Core developers to use the same BIP ID number for their “compact blocks” proposal as its counterpart, “Xthin,” has ignited a controversy as some are now questioning the competency of Core developers. Xthin & Compact Blocks, One BIP. There has been an ongoing debate among the Bitcoin community regarding the decision of Core....
After a year and a half of debate with no compromise reached, supporters of on-chain scaling, have, seemingly, decided to unilaterally hardfork. A new subreddit, r/btcfork, was announced earlier today, quickly gaining attention and momentum with numerous threads published in just hours after the announcement was made and many bitcoiners joining in the lively debate. It is not clear when the client will launch. The developers are not publicly known, save for by nickname. Freetrader, one of the developers, who, seemingly, is now joined by other coders in a grassroots manner, stated that he....
A group of contributors to the open-source Bitcoin Core development project met late last month in Switzerland for a sit-down review of the code for Segregated Witness, a proposal aimed at scaling the bitcoin network. The gathering in Zürich drew about 20 Core developers, and comes at a time when there remains deep divisions in the community over the actions of the group, as well as its approach to scaling the bitcoin network. In this light, the meeting in Zürich had a certain gravity, given that the work being performed will have major implications for the bitcoin network’s trajectory in....
Three of China 's biggest mining pools – F2Pool, BTCChina Pool and Huobi Pool – maintain that the Bitcoin Core development team should strive for consensus, and will therefore not support a switch to Bitcoin XT. Given Core developer Gavin Andresen's latest proposal and the current hash-rate distribution on the Bitcoin network, a network wide shift from Bitcoin Core to Bitcoin XT to allow bigger blocks seems infeasible, for now. Lacking consensus among Core developers to raise the block size limit, Andresen has recently shifted his efforts to Mike Hearn's Bitcoin Core fork, Bitcoin XT. In a....