Tag: bitcoin classic

Scaling Bitcoin Workshop. Increase Block Size to 2-4MB. Newsbtc Bitcoin news

Bitcoin Core to Get SegWit Soon, Still a Long Way to Go for Implementation No Comments

The Bitcoin protocol may soon expect few changes to happen for good. Segregated Witness, also known as SegWit, which happens to be one of the scalability solutions is finally ready for release. The Bitcoin Core development team has reportedly fixed most of the issues related to SegWit v 0.13.1 software package. The latest version is almost ready to go live in its current state by Monday. Howeve...


Bitcoin Scalability Voting

Bitcoin Core Loses Support Amidst Lingering Scalability Issues No Comments

The Bitcoin ecosystem is divided into multiple camps. With the lingering scalability issues, and other proposals representing an immediate solution to this problem, there is an interesting mid shift taking place. As it turns out, the majority of miners is still supporting Bitcoin Core in the block size debate. But they are losing ground at a rapid pace. Right now, there are different proposals on...


Chinese Mining Pools Collusion Hard Fork

Chinese Miners Allegedly Planning to Hard Fork Bitcoin No Comments

For those people who assumed the Bitcoin block size debate was settled once and for all, bust open the popcorn yet again. Chinese mining pools are colluding to hard fork and support 2MB blocks. In doing so, they would go against everything Bitcoin Core has been working on so far, and use Bitcoin Classic instead. The Bitcoin block size debacle has been a source of great controversy for nearly a...


NewsBTC_BitPay Dynamic Bitcoin Block Size

BitPay Block Size Solution Introduces Dynamic Scalability No Comments

For those people looking to see the Bitcoin block size debate coming to an end, that will not be happening anytime soon, unfortunately. Things have gotten more interesting a few weeks ago when rumours started appearing about BitPay looking to implement their own Bitcoin block size solution. This new adaptive block size solution holds some interesting merit, although it remains to be seen whether o...


C-bit Offers Bitcoin Classic a Block-size Solution No Comments

C-bit Press Release: We are pleased to announce the launch of C-bit; An exact clone of Bitcoin Core .12 with a 2-Meg block-size already built into the source code. C-bit negates the need for a Bitcoin Core Hard Fork. C-bit is pleased to announce the network is now stable and the coin is functioning as designed. C-bit is designed to specifically end the debate over the block-size issue between B...


Democratic Consensus in Bitcoin Makes Blockchain Split Unlikely. newsbtc bitcoin news

It’s a Race against Time for Bitcoin, Says Blockchain’s Peter Smith No Comments

Bitcoin is in trouble; it has become a well-known fact by now. Be it the recent post by Brian Armstrong, the CEO and founder of Coinbase where he explains his take on the happenings at the Satoshi Roundtable conference held late last month. Now the CEO of Blockchain, Peter Smith has also explained the stuff that went on at the event. Both the versions paint a grim picture of Bitcoin's future. T...


BTCChina CEO Recommends 2 Megabyte Block Size Increase

Core Developers May Spell Bitcoin’s Doom – Brian Armstrong No Comments

The bitcoin block size debate is the classic example for the term “running around in circles”. Those of us who have been following thins know very well that the debate about increasing the block size has been going on for almost a year now and yet we do not have any results to show for it. There have been proposals to solve the issue, most of which were never accepted. This prolonged disagreem...


Scaling Bitcoin Workshop. Increase Block Size to 2-4MB. Newsbtc Bitcoin news

Will Block Size Debate Really Address Bitcoin Scalability? No Comments

Bitcoin was first introduced in the year 2009. Since then the digital currency's network has been growing non-stop. Over the past few years, bitcoin network has grown over multiple times but not much changes have happened on the technical side since its inception. The bitcoin block size has remained at 1 MB since the beginning and in order to ensure the survival of bitcoin, it is very important...


bitcoin ponzi bitclub. newsbtc

Bitcoin Core Consensus Can Disrupt Bitcoin Classic Adoption No Comments

The future of Bitcoin development has taken an interesting turn in the past 24, as the Bitcoin Core developers and close to 80% of the network mining power - read: pool operators - have agreed on hard forking Bitcoin. Such a magnanimous event is a world’s first for the bitcoin ecosystem; a shard forking has been out of the question up until now. But what will this agreement do for Bitcoin Classi...


Bitcoin in the Words of Intesa Sanpaolo Ferdinando Ametrano. newsbtc

Xapo Announces Plans to Upgrade to Bitcoin Classic No Comments

On February 21, 2016, popular bitcoin wallet platform and vault solutions provider Xapo CEO Wences Casares announced that the company is planning to upgrade to Bitcoin Classic, with a vision to help the Bitcoin network scale efficiently. Xapo is planning to upgrade to Classic. We're committed to helping bitcoin scale and to supporting the initiatives that can take us there. — Wences Casares ...


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