26-06-2017
03:42 pm
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Tag: scaling

SegWit2x Inches Closer Toward 80% Network Hashrate Support No Comments

When SegWit2x was first announced, people doubted this solution. More specifically, they were uncertain if the solution would reach the required 80% network hashrate threshold. It now appears this level is well within reach. The latest pool to signal SegWit2x is none other than BTCC. Things are looking quite positive for this solution, to say the least. It is quite interesting to see SegWit2x ...


Bitcoin Mempool is Virtually Empty as Community Anticipates Scaling Resolution No Comments

Over the past few months, we have seen multiple issues affect the Bitcoin network. More specifically, network congestion has been a massive problem so far. Interestingly enough, it appears the Bitcoin transaction mempool is nearly empty right now. Not too long ago, we had around 200,00 unconfirmed transactions stuck in limbo for several days. With the end of the scaling debate nearing, it seems th...


NewsBTC Eric Lombrozo Bitmain

Eric Lombrozo Issues A Stong Warning to Bitmain To “Get With The Program” No Comments

It is evident there are quite a few different opinions on the future of Bitcoin. Eric Lombrozo recently issued some very strong comments regarding this situation. In fact, he feels Bitmain needs to "fall in line" regarding the scaling of Bitcoin. A very interesting tweet, although it will undoubtedly unleash a flurry of insults among Bitcoin users. Eric Lombrozo Is Worried About Bitmain It is e...


Barry Silbert Hints At Growing Support For Imminent Bitcoin Scaling Solution No Comments

It appears we may be getting closer to scaling Bitcoin than originally assumed. That is, if Barry Silbert is to be believed. He has been going on about miners supporting a "scaling compromise" as of late. In one of his recent tweets, that support has grown to over 70%. However, very few people know what he is talking about right now. It is evident something needs to happen sooner rather than later...


Around 6% Of all Network Nodes Signal For Bitcoin UASF, But Can it Succeed? No Comments

Scaling Bitcoin remains a very contested topic of discussion right now. Over the past two months, some people started pledging support for the UASF. Given the recent success of other assets implementing SegWit, it is evident something needs to happen. A chain split is still a possibility for Bitcoin, although it is best to avoid that altogether. Unfortunately, UASF support still only sits at 6%. ...


NewsBTC Bitcoin SegWit

SegWit Activation Treshold Does Not Expire On November 15th Assuming People Still Want It By Then No Comments

It still seems highly unlikely Segregated Witness will activate on the bitcoin network. Most people think the deadline for activation is November 15th, yet that is not entirely true. In fact, it will still be possible to activate it after that date, thanks to a technical requirement in BIP 9. Assuming there is still interest in SegWit at that point, things may turn out okay eventually. To be mo...


NewsBTC SegWit 3.7MB

A 3.7MB SegWit Blocks Was Mined On The Bitcoin Testnet No Comments

Segregated Witness remains a topic of some confusion among bitcoin enthusiasts. According to a testnet block explorer, a 3.7MB SegWit block was mined not too long ago. That is rather unusual, yet no reason for concern just yet. There are always exceptions to deal with and it appears very large SegWit blocks may occur every so often. A lot of people are surprised to learn there is such as a thin...


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

Bitcoin Unlimited and Scalability Debate, Confusion Reigns No Comments

The Bitcoin scalability debate has been going on for over a year now. The community has so far been unable to come to a consensus regarding the future roadmap of the cryptocurrency. These scalability delays have started to impact the usage of Bitcoin, due to increasing transaction times, flooded mempool and growing miner fee. There is a sense of urgency currently prevailing in the cryptocurrency c...


Slush Pool Feels Developers Should Just Active SegWit Without Further Delay No Comments

It is evident the back-and-forth debate between BU and SegWit is not over by any means. Even though Segregated Witness continues to struggle regarding achieving majority support, some people feel this debate has gone on long enough. Slush pool one of the oldest bitcoin mining pools, feels SegWit need to be activated right now. In the end, a new world of applications and solutions will appear. An i...


NewsBTC BitcoinEC parody

Samson Mow Jokes About Creating A New Bitcoin Fork Called BitcoinEC No Comments

It is only a matter of time until a new bitcoin fork is proposed. After Bitcoin XT and Bitcoin Classic failed, Bitcoin Unlimited is the current concept to disrupt Bitcoin Core development. Samson Mow jokingly hinted at what could be the next fork of development. BitcoinEC would keep the best of Bitcoin Core and add Emergent Consensus "nonsense". An intriguing thought, even if it is just a joke. ...


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