The Block Size Debate: 5 Years Later - Maximillian Laumeister
Block size – In Blockchain, Mining, Bitcoin, 1Mb, 2Mb ...
What is the Bitcoin Block Size Debate and Why Does it Matter?
An Overview of the Blockchain Size Debate Genesis Mining
Bitcoin - The Currency of the Internet
A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
/btc was created to foster and support free and open Bitcoin discussion about cryptocurrency, Bitcoin news, and exclusive AMA (Ask Me Anything) interviews from top Bitcoin and cryptocurrency leaders. Bitcoin is the currency of the Internet. A distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without the need for any central authority whatsoever. Learn more about Bitcoin, Bitcoin Cash, cryptocurrency, and more.
Bitcoin Block Size Debate: Was a Block Size Increase Warranted?
Did Bitcoin BTC need a block size increase? If you take the combined blocks of Bitcoin Cash BCH and Bitcoin BTC, you could fit all the combined transactions in just the BTC SegWit blockchain: BCH Blocks Mined in the last hour Height Size (kB) 573166 33.78 kB 573165 0.62 kB 573164 4.15 kB 573163 63.28 kB 573162 7.40 kB 573161 123.33 kB BTC Blocks mined in the last hour Height Size (kB) 566486 997.56 kB 566485 1,302.06 kB 566484 1,086.88 kB 566483 1,189.95 kB 566482 1,147.50 kB 566481 1,072.32 kB Source:https://coin.dance/
@Techmeme: Q&A with Chris Dixon on a decentralized internet, bitcoin's block size debate, the Ethereum network, Andreessen Horowitz's crypto fund, future investments, more (@kmaney / BREAKER) https://t.co/7cq0kE3JsC https://t.co/MGkT1INqyv
Originally, Bitcoin's block size was limited by the number of database locks required to process it (at most 10000). This limit was effectively around 500-750k in serialized bytes, and was forgotten until 2013 March. In 2010, an explicit block size limit of 1 MB was introduced into Bitcoin by Satoshi Nakamoto. He added it hidden in two commits in secret. This limit was effectively a no-op due ... Making Bitcoin more professional threatens to centralize power. The larger the block size, the more computing power is required to mine blocks. That would shrink the pool of people who can ... The Bitcoin max block size limits the rate at which information is etched into the blockchain. Essentially, it acts to throttle the entire system. This limits the number of “on-chain ... Why it costs several dollars to send Bitcoin today, instead of being cheap as its creator Satoshi Nakamoto intended. The way the Bitcoin payment network currently works, it has a one megabyte “block size limit”, or speed limit, meaning that the network can only process between 3 and 7 transfers per second at max capacity. As more users try to use the network simultaneously, the network ... Block size of Bitcoin mining . No issue in the history of cryptocurrencies has been debated as passionately, as often, or as forcefully as the bitcoin block size. To an outsider, it must be quite comical to witness folks debating a consensus parameter within the bitcoin network — no joke — as if it were a matter of life or death.
Bitcoin blocksize debate - An overview of both sides arguments
In this talk in Berlin, Andreas looks at the inner structure of bitcoin and how high-level financial and trust applications are composed from smaller element... * Bitcoin block size debate * Real life game theory experiment * The different interests: users, businesses, miners, core devs * Bitcoin fees are high * Yours had to switch to litecoin. Fees are ... The highly-charged debates around both Ethereum's potential hardfork and Bitcoin's block size appear different on the surface, but are caused by the same des... A talk on the Bitcoin block size debate and a discussion of arguments for both larger and smaller block sizes give by Leonhard Weese on 18 November, 2015 at Tuspark's Causeway Bay location in Hong ... One of the key arguments against bigger blocks and Bitcoin Unlimited is that a blocksize restriction is needed to create a healthy fee market. Dr Peter Rizun has been researching the economics of ...